Evaluation of contained ilmenite in the Franklin sills and dykes of the Steensby Land and Moriusaq

The present investigation aims at an evaluation of the potential resource of ilmenite hosted in the shore sediments along the coast of the Thule district and in particular along the southern shore of Steensby land. The investigation was conducted in cooperation with the present concession holder, Bluejay Mining (formerly FinnAust Mining), in accordance with the contract between FinnAust Mining Plc and GEUS (January 24th, 2017). This report gives: i) evaluated volumes of titanium-rich host rocks in the Steensby Land Sill Complex and Franklin dykes, ii) provides an estimate of the primary contents of titanomagnetite and ilmenite in the host rocks, iii) gives measured and modelled vanadium and niobium concentrations in titanomagnetite and ilmenite as tests for the calculated proportions of titanomagnetite and ilmenite, iv) provides petrographic information for the evaluation of the degree of alteration of titanomagnetite, and v) provides evaluated volume of basaltic material that was eroded, and from this also the tonnages of ilmenite made available for re-deposition along the shores of Steensby Land.