Details of Bluejay Mining’s Exploration in Finland
The hydrogen industry has come a long way recently, and the most recent movement of ‘geological hydrogen extraction’ gaining momentum in the global energy sector. Among the companies leading these efforts is Bluejay Mining, a UK-based firm focusing on projects in Finland and Greenland.
In parallel, several American mining companies are also exploring similar resources, recognising the potential of natural hydrogen as a clean energy alternative.
Bluejay Mining’s Exploration in Finland
Bluejay Mining has embarked on a significant exploration campaign in the Outokumpu Belt, Finland, targeting natural hydrogen and helium deposits. This region, historically known for its rich metal ores, including copper, zinc, and nickel, is now drawing attention for its potential to yield substantial quantities of natural hydrogen. The company’s exploration permits cover key areas within the Outokumpu Belt, where historical drillholes have already indicated promising hydrogen and helium concentrations.
The Outokumpu Belt is characterised by its complex geological formations, including serpentinites and hydrothermally altered mantle-derived rocks. These formations have been found to contain notable amounts of hydrogen, with some groundwater samples showing hydrogen concentrations as high as 46%. The region’s geological features make it a prime target for Bluejay’s ongoing and future exploration efforts.
Bluejay Mining’s strategy involves using existing data from more than 2,000 historical drillholes
Bluejay Mining’s strategy involves using existing data from more than 2,000 historical drillholes, some extending beyond 1,000 meters in depth. These drillholes provide a wealth of information that Bluejay can use to identify the most promising zones for hydrogen extraction. Moreover, the company’s exploration program includes advanced geophysical techniques like Borehole Magnetic Resonance (BMR) and pumping tests to better understand the hydrogeological structures that could influence gas distribution and recovery rates.
In addition to its technical approach, Bluejay Mining is also exploring funding opportunities, including potential investments from the European Union. This financial support could accelerate the development of the region’s gas deposits, although specific funding levels and timelines have yet to be confirmed.
Eric Sondergaard, Managing Director of Bluejay Mining commented:
“These encouraging but preliminary indications of helium, hydrogen and industrial gasses in the Outokumpu Belt are very encouraging. They present a significant opportunity for shareholders. We have started dialogue with European groups with regards to progressing future work streams in a manner that is not dilutive to existing shareholders.
“We will update stakeholders accordingly, in the meantime, work program details are currently being devised in close collaboration with local experts and regulators.”
This first pass evaluation of surface expressions of naturally occurring helium and hydrogen will allow us to assess the conditions of existing boreholes, and focus further phases of work.
This encouraging opportunity is made possible by the vast datasets of high-quality historical data the Company has absorbed recently and the availability of numerous pre-existing deep drillholes, positioning us to potentially unlock substantial value for our shareholders for minimal cost and no dilution.”
American Mining Companies’ exploration
While Bluejay Mining is making strides in Finland, American mining companies are also exploring natural hydrogen resources.
Examples of these could be, ‘The Nebraska Project’ or ‘MIT Research, however, there are many companies and projects set up across various states to access hydrogen underground.
These companies tend to collaborate closely with academic institutions and federal agencies, using a reliable base of scientific research to guide their exploration.
Additionally, the regulatory environment in the United States plays a crucial role in shaping the strategies of American mining companies. Stringent environmental regulations mean these companies are adopting innovative technologies that minimise the ecological impact of hydrogen extraction.
This has led to a significant investment in research and development, with American companies often leading the way in deploying cutting-edge technologies for hydrogen exploration and extraction.
Overall, As both European and American companies continue to explore this promising resource, their strategies will undoubtedly shape the future of clean energy development globally.
