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BlueBird Battery Metals to Acquire Ashburton Cobalt Project in Prospective Talga Fault Zone
Jun. 12, 2018 09:40AM PST
Battery MetalsBlueBird Battery Metals is pleased to announce that it has entered into a binding letter of intent to acquire 100 percent of the rights, title and interest in the granted exploration licences of the Ashburton Cobalt project, located 100 km southwest of Paraburdoo, Western Australia, from Peter Romeo Gianni.
BlueBird Battery Metals (TSXV: BATT; US:BBBMF) is pleased to announce that it has entered into a binding letter of intent to acquire 100 percent of the rights, title and interest in the granted exploration licences of the Ashburton Cobalt project, located 100 km southwest of Paraburdoo, Western Australia, from Peter Romeo Gianni.
As quoted in the press release:
“We are excited to add another Co-Mn project to our portfolio in Western Australia that not only delivers well above industry standard Co grades, but has the potential to yield simpler metallurgy, noting the cobalt is hosted by manganese. Another key reason we selected the Ashburton, other than the style and grade of deposit, is the Western Australia location, which is known globally as where mining projects can be fast tracked to production, and dramatically quicker than North America. Mineral projects are significantly more valuable the sooner the product reaches the end user or market,” commented Alf Stewart, President of BlueBird.
