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Bluebird Battery Metals to Acquire High Grade Cobalt Project in New South Wales Australia
Bluebird Battery Metals is pleased to announce that it has entered into a binding letter of intent to acquire 100 percent of Oberon Gold, an Australian proprietary limited exploration company, from Providence Gold and Minerals, Darren Craig Glover and Benjamin Leigh Harper.
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 Oberon Gold, an Australian proprietary limited exploration company, from Providence Gold and Minerals, Darren Craig Glover and Benjamin Leigh Harper.
As quoted in the press release:
“We are very pleased to be able to secure a strategic and large property portfolio in the Bungonia Cobalt District in New South Wales, Australia, that has yielded very high grade Cobalt grades at surface. The Sandy Point Cobalt Project provides significant exploration potential, noting the historical results identified to-date and the location to other key Cobalt projects in the area,” commented Peter A. Ball., Chairman and CEO of Bluebird. “With minimal dilution, we were able to substantially increase our Cobalt property portfolio in Australia, and also add the two highly prospective Greendale and Reedy Creek polymetallic projects, that has yielded positive copper, zinc, lead and gold grades near surface. BlueBird continues to review other battery metals opportunities to add to our portfolio.”
Click here to read the full text release
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