Business
BlueBird Battery Metals to Acquire Ashburton Cobalt Project in Prospective Talga Fault Zone and Increases Australian Cobalt Portfolio to 518 km²
BlueBird Battery Metals to Acquire Ashburton Cobalt Project in Prospective Talga Fault Zon...
About this update from Lux Metals Corp
[{"type":"text","content":"\n\n\n\nBlueBird Battery Metals to Acquire Ashburton Cobalt Project in Prospective Talga Fault Zone and Increases Australian Cobalt Portfolio to 518 km²\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:black 1pt solid; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 1pt solid; PADDING-RIGHT:0.50em\n}\n.prntbls{\nBORDER-TOP: black 1px solid; BORDER-RIGHT: black 1px solid; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: black 1px solid; BORDER-LEFT: black 1px solid\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, June 12, 2018\n\n\n\nVANCOUVER, June 12, 2018 /CNW/ - BlueBird Battery Metals Inc. (TSXV: BATT; US:BBBMF) (the \"Company\" or \"BlueBird\") is pleased to announce that it has entered into a binding letter of intent (\"LOI\") to acquire 100% of the rights, title and interest in the granted exploration licences of the Ashburton Cobalt Project (\"Ashburton\"), located 100 km southwest of Paraburdoo,  Western Australia (Refer to Figure 1), from Peter Romeo Gianni (the \"Vendor\").\n\n\"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.\n\nHighlights of Ashburton Cobalt Project:\n\n\nThe 189 km2 tenement package increases BlueBird's portfolio of cobalt focused projects i...