BlueBird to Commence Drilling at its Canegrass Project in Western Australia
200 Burrard Street, Suite 1680
Vancouver, British Columbia, V6C 3L6
Tel: (604) 678‐5308
www.bluebirdbatterymetals.com
BlueBird to Commence Drilling at its Canegrass Project in Western Australia
Vancouver, British Columbia, August 15, 2018 – BlueBird Battery Metals Inc. (TSXV:
BATT; US:BBBMF) (the “Company” or “BlueBird”) is pleased to announce that it has received
all permits necessary for its ini tial drill program at its 100% controlled Canegrass Project in
Western Australia. Drilling will focus on testing a number of geophysical anomalies interpreted to
be related to near surface nickel, cobalt and copper (“Ni-Co-Cu ”) mineralization. Drilling is
expected to commence on August 20th and be completed by the end of September. Results are
expected by the end of October.
Canegrass Exploration Program Highlights:
This initial drill program cons ists of a planned 2000 meters of drilling, which is predominantly
focused on potential Ni-Co-Cu targets identified by airborne and ground based geophysics. At the
same time, the Company plans to complete additional ground base d electro-magnetic (“EM”)
surveys over additional airborne targets identified by the rece ntly updated airborne magnetic
survey of the property. Follow up drilling may be warranted depending on results of the initial drill
campaign and the ground based EM surveys.
“We are excited to commence drilling at the Canegrass Project, where historical exploration and
drilling identified multiple near surface Ni-Co-Cu targets. Our initial program is focused on step
out drilling at CG-02 and CG-039 testing the iden tified off-hole geophysical anomalies that we
believe represent possible extensions to the historical Ni-Co-Cu results returned in 2014. We are
also eager to drill the VTEM-06 and VTEM- 08 anomalies where surface EM surveys have
indicated anomalies with a similar ge ophysical signature to CG-02 and CG-039,” commented
Alf Stewart, President of BlueBird . “The proposed drilling will also allow us to evaluate the
subsurface extent of the vanadium, titanium and iron mineralization identified at the planned drill
site.” Historical drilling at Canegrass returned anomalous Ni-Co-Cu values from two geophysical
anomalies within the property footprint. Recen t ground based surveys have identified strong
electro-magnetic anomalies at the original drill targets and two additional targets.”
About Canegrass Project:
The 4200 Ha project contains a highly prospective geological setting, where historical exploration
drilling intersected anomalous Ni-Co-Cu mineralization at two l ocations within the property
footprint. Airborne VTEM TM identified 14 geophysical anomalies in 2013. Historical drilli ng in
2014 at two of the identified targ ets (CG-02 and CG-039), inter sected anomalous Ni-Co-Cu
mineralization in 9 of 10 holes completed. Downhole EM surveys identified off-hole anomalies
that have been confirmed by recent surface EM surveys completed earlier this year. The
Company’s initial drill program plans to target these off-hole anomalies at the CG-02 and CG-039
targets as well as testing strong, surface EM anomalies at targ ets VTEM 13-08 and VTEM 13-06
(Refer to Figure 1).
On August 7, 2018, the Company reported the results of surface rock chips collected at VTEM-08
during the cultural survey of the planned drill sites returned anomalous vanadium, titanium and
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iron values. The results fell within a broad, elongate, V 2O5 surface anomaly defined by historical
rock chip samples (Refer to Figure 2 for additional information and please refer to press release
dated August 7th, 2018).
Figure 1: Canegrass Property – Regional Geology with 2013 VTEM ™ Anomalies
Figure 2: Canegrass Property – High Resolution Airborne Magnetics with Historical V2O5
Surface Rock Chips
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Details regarding the collection and analysis of the historical data are unknown at this time,
other than samples were collected by Maximus Resources Ltd. in 2007. BlueBird notes that
there is no guarantee that the historical results are representative and cannot guarantee that
the Company will be able to duplicate the results with future sampling programs.
The technical content of this news release has been reviewed an d approved Wes Hanson, P.Geo.,
a director of the Company and a Qualified Person pursuant to Na tional Instrument 43-101. The
qualified person has not yet visited the Canegrass Project, and therefore has not yet verified the
data disclosed, including sampling, analytical, and test data underlying the information or
opinions contained in the written disclosure.
About BlueBird Battery Metals
BlueBird Battery Metals (TSXV: BATT; US: BBBMF) is a Canadian publicly listed company
focused on the global exploration and development of strategic battery metals projects, primarily
cobalt, and nickel. BlueBird’s goal is to pursue a business mod el that offers direct and long-term
leverage to the price appreciation in cobalt, nickel and manganese, three principal materials in EV
batteries. The Company plans to become a leader in the battery metals sector, as cobalt is currently
in a global supply deficit, has a vulnerable supply chain, and is part of an emerging sector with
extraordinary potential. BlueBir d is currently advancing a port folio of battery metals focused
assets in in Western Australia, New South Wales, Australia, and in the Yukon, Canada, and
reviewing new acquisition opportunities to add to the Company’s project portfolio.
On Behalf of the Board of BlueBird Battery Metals Inc.
Peter A. Ball
Chairman and CEO
For more information, please contact 1-855-584-0160 or [email protected].
This news release may contain or refer to forward-looking information based on current expectations, including, but
not limited to the Company exploring the Canegrass Ni-Co-Cu Property, the Batt Co-Cu Property and the impact on
the Company of these events, including the effect on the sh are prices. Forward-looking information is subject to
significant risks and uncertainties, as actual results may di ffer materially from forecasted results. Forward-looking
information is provided as of the date hereof and we assume no responsibility to update or revise such information to
reflect new events or circumstances.
Neither TSX Venture Exchange, the Toronto Stock Exchange no r their Regulation Services Provider (as that term is
defined in the policies of the TSX Ve nture Exchange) accepts responsibility for the adequacy or accuracy of this
release.