Drilling results from Canadian listed BlueBird Battery Metals’ (TSXV:BATT) Western Australian-based project Canegrass has sparked investor interest as the company reveals intersects of 1.33% Ni, 1.26% Cu and 0.10% Co over 4.90 metres.
The project, situated in the Mid-West region is being fast recognised as a new destination for base and battery minerals given the success of phase-one drilling by BlueBird.
Phase-one consists of a drilling campaign targeting VTEM anomalies which appear in the Windimurra Complex, an ultramafic-mafic layered intrusion in the Mt. Magnet district.
To date, diamond drilling has consisted of 1,380 metres drilled across a 4.5km strike, with all holes intersecting nickel, copper and cobalt.
Commenting on the exploration campaign, Gary Nassif, president of Bluebird said:
The latest drill results continue to demonstrate the potential for a significant magmatic nickel copper sulphide discovery at Canegrass.
“We have now established anomalous, potentially economic Ni-Cu-Co mineralization over a 4,500-metre strike length and our latest drilling suggests that the mineralization extends continuously from surface to depths greater than 250 metres.
“Furthermore, results from the current drill program suggest that the tenor of the Ni-Cu-Co mineralization is improving at depth,” he said.
BlueBirt reports that phase-one exploration is now complete and the company will now commence evaluating and prioritizing follow-up targets for subsequent drilling.