Aug. 4 at 1:55 PM
$BLLYF Company News
80 Mile PLC (80M)
1. 80 Mile PLC (80M)
Greenland momentum builds
July was arguably one of the busiest months of the year for 80 Mile. The company strengthened its Greenland leadership through the appointment of Rod McIllree, commenced drilling at the Disko-Nuussuaq project, provided further operational updates and concluded the month with a £1.9 million fundraising to accelerate development across its portfolio.
Management also continued preparations for the fully funded Jameson Land oil programme while maintaining exploration momentum at Disko. Collectively, the month’s news demonstrated a company moving from planning into execution across several major projects.