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Bluejay Mining ( (GB:80M) ) just unveiled an announcement.
80 Mile Plc, in collaboration with its joint venture partner March GL, announced a significant discovery of approximately 13 billion barrels of prospective oil resources in the Jameson Land Basin, Greenland. The independent assessment by Sproule ERCE highlights the basin’s world-class potential, with 80 Mile’s share estimated at 3.9 billion barrels. This positions Jameson as one of the most promising undrilled basins globally. Drilling operations, fully funded by March GL, are set to begin in the second half of 2026, marking a major milestone for 80 Mile’s energy sector involvement and potentially transforming Greenland’s role in the global energy market.
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, Finland, and Italy. It is involved in base metals, precious metals, industrial gas, and is expanding into sustainable fuels and clean energy solutions. 80 Mile’s strategy includes advancing key projects and creating value through partnerships and strategic acquisitions.
Average Trading Volume: 60,019,522
Technical Sentiment Signal: Hold
Current Market Cap: £29.49M
For an in-depth examination of 80M stock, go to TipRanks’ Overview page.