The Conversation (0)
BlueBird Battery Metals is focused on the global exploration and development of strategic battery metals projects, primarily cobalt, and nickel.
Bluebird Battery Metals Inc. (TSXV:BATT) has released its recent high grade vanadium assay results and also offered an update regarding exploration activities at the Canegrass ni-co-cu property.
BlueBird Battery Metals is focused on the global exploration and development of strategic battery metals projects, primarily cobalt, and nickel.
As quoted from the press release:
Canegrass Exploration Activities Highlights:
The company has completed a high resolution airborne magnetic survey of the property and the data is currently being reviewed in conjunction with the historical property data to identify and prioritize drill targets for follow up diamond drilling expected to commence later this month.
Review of historical data highlighted strongly anomalous vanadium, titanium and iron in surface rock chip samples associated with the Shephards Discordant Zone, a regional scale structure that hosts the Windimurra vanadium mine, 20 kms to the North. The historical data, collected in 2007 by Maximus Resources L(ASX:MXR), extends over a 4.5 km strike length in the northern portion of the Canegrass claim group (Refer to Figure 1). In total, 325 samples returned V2O5 grades in excess of 1.0 percent, with the sample population averaging 1.21% percent V2O5, 12.6 percent TiO2 and 50.1 percent.
“Vanadium prices have increased 300 percent since 2017 to approximately US$19/lb at the end of July 2018, and we believe vanadium prices will continue to increase as a result of higher demand in both the steel sector, as well as battery manufacturing,” said Peter Ball, CEO of BlueBird.