Bluebird Battery Metals Commences Exploration at Canegrass Nickel-Cobalt-Copper Project

Bluebird Battery Metals (TSXV:BATT,US:BBBMF) has announced that initial exploration has commenced at its Canegrass nickel-cobalt-copper project in the Mount Magnet Region of Western Australia.

As quoted in the press release, chairman and chief executive officer of Bluebird, Peter A. Ball said:

“We are pleased to commence our initial exploration program on our priority nickel, cobalt, copper project within the largest layered intrusive complex in Australia. Previous exploration, not followed up on since 2014, highlighted exciting nickel and cobalt grades close to surface that clearly deserve attention noting the recent increase in cobalt and nickel commodity prices.

“The interest in the battery metals sector has surged in the past year, noting the exponential demand for cobalt related to the electric vehicle revolution, and the supply gap that is foreseen in the next few years. BlueBird recently acquired two exciting (nickel-cobalt-copper/ cobalt-copper) projects, and continues to review other potential opportunities to add to our portfolio.” 

As highlighted in the press release:

• After acquiring property in March 2018, ground EM surveys were initiated in April 2018 at two priority targets (CG02 and CG039), where the previous drilling identified nickel, cobalt and copper close to surface.
• Preliminary interpretation of the results by Newexco, the company’s lead geophysical contractor, positively identified the presence of strong EM conductors at both targets.
• Ground EM survey program expanded across the multiple other conductors identified in 2013.
• Expanded airborne mag survey to commence before the end of May 2018.
• Currently reviewing drill permits to ensure the company can test new priority targets in early Q3, 2018.

Click here to view the full Bluebird Battery Metals (TSXV:BATT,US:BBBMF) press release.