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Re: Investors3 post# 80

Thursday, 09/08/2022 5:12:38 PM

Thursday, September 08, 2022 5:12:38 PM

Post# of 115
Bluejay's most advanced project is the Dundas Ilmenite Project in Greenland, which is fully permitted
and being developed towards production in the near term, with preparatory activities scheduled to
commence in 2022. Dundas has a Mineral Resource reported in accordance with the JORC Code
of 117Mt at 6.1% ilmenite and a maiden offshore Exploration Target of between 300Mt and 530Mt of
ilmenite at an average expected grade range of 0.4 - 4.8% ilmenite in-situ. The Company has agreed
a Master Distribution Agreement with a major Asian conglomerate for up-to 340ktpa of its anticipated
440ktpa annual output. The Company has signed on a major European bank to head the financing
syndicate for Dundas. The Company's strategy is focused on securing financing ahead of commencing
commercial production at Dundas in order to create a company capable of self-funding exploration
on its current and future projects.