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The latest update is out from Bluejay Mining ( (GB:80M) ).
80 Mile Plc has entered into an agreement to sell its Kangerluarsuk zinc-lead-silver project in Greenland to Amaroq Minerals Ltd. for up to $2 million. This transaction is part of 80 Mile’s strategy to monetize non-core assets and focus on priority projects like the Disko-Nuussuaq nickel-copper-cobalt project. The proceeds will support the advancement of these core assets and further strategic initiatives, aligning with the company’s focus on sustainable energy solutions and high-quality mineral projects.
More about Bluejay Mining
80 Mile Plc is an exploration and development company listed on the London AIM market, Frankfurt Stock Exchange, and the U.S. OTC Market. The company focuses on high-grade critical metals in Tier 1 jurisdictions, with projects in Greenland and a developing industrial gas and biofuels business in Italy. Its strategy involves advancing key projects, creating value through partnerships, and strategic acquisitions, with a focus on base metals, precious metals, and sustainable fuels.
Average Trading Volume: 22,230,676
Technical Sentiment Signal: Strong Sell
Current Market Cap: £10.43M
Find detailed analytics on 80M stock on TipRanks’ Stock Analysis page.