Bluebird Plans 2020 Canegrass Drill Program Following Corporate Review

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[{"type":"text","content":"Bluebird Plans 2020 Canegrass Drill Program Following Corporate ReviewVANCOUVER, BC / ACCESSWIRE / April 30, 2020 / BlueBird Battery Metals Inc. (TSXV:BATT)(OTC PINK:BBBMF) (the \"Company\" or \"BlueBird\") is pleased to announce that, following its review of battery metal trends, the Company will focus its initial 2020 exploration activity on its Canegrass project. The results of the review indicate battery makers are trending away from the initial widespread use of lithium dominated batteries, to newer designs which use up to 80% nickel, 10% cobalt and 10% manganese, and produce the longest lifespan and vehicle range. Bluebird's Canegrass project has returned high-grade nickel, as well as significant copper and cobalt values, and is located in Western Australia - rated the World's number one mining jurisdiction by the Fraser Institute.Peter Dickie, President and CEO of Bluebird, commented, \"The 2018 drill program at Canegrass produced exceptional results, including BBRC-001 which returned 12 m averaging 1.17% Ni, 0.93% Cu, 0.05% Co, together with significant PGE and Vanadium credits. On the back of this success, we are finalizing plans for an expanded drill program to be carried out as soon as conditions permit in 2020.\"Corporate Review HighlightsRobust Longterm EV Sales Outlook Due to Global Decarbonization. Driven by government and consumer need to decarbonize, along with falling battery prices, annual passenger EV sales expected to hit 10 million in 2025, up from 2.3 million in 2019[1].Battery Megafactory Boom Continues. 115 battery megafactories [2] are in the pipleline worldwide, up from just 3 in 2015. Electric Vehicle (\"EV\")Battery Design Changes Favour Nickel, Manganese and Cobalt. To overcome travel distance shortcomings in current electric vehicles, battery makers are moving away from lithium ion phosphate batteries and embracing newer designs based on NMC111 (equal parts nickel, cobalt, manganese) and NMC811 (80% nickel, 10% manganese, 10% cobalt).[3]Western Australia Now World's Top-Rated Mining Jurisdiction. Large proportion of battery metal supply from higher-risk jurisdictions, including estimated 33%[4] of nickel supply from Indonesia and the Phillipines, and 65%[5] of cobalt supply coming from the DRC. Battery manufacturers are demanding greater security of supply and Western Australia, a major nickel supp...

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