https://www.miningweekly.com

BlueBird to acquire Oberon Gold to expand Australia portfolio

7th June 2018

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

TSX-listed BlueBird Battery Metals has entered into a binding letter of intent to acquire 100% of Australian exploration company Oberon Gold from Providence Gold and Minerals.

Oberon controls 100% of the high-grade Sandy Point cobalt project, which includes the Greendale polymetallic project, and 100% of the Reedy Creek polymetallic project. Both projects are located in New South Wales, Australia.

The acquisition is expected to solidify BlueBird with a 202 km2 strategic property position within the emerging Bungonia battery metal cobalt district.

The Sandy Point cobalt project provides significant exploration potential, said BlueBird CEO and chairperson Peter Ball.

“With minimal dilution, we were able to substantially increase our cobalt property portfolio in Australia, and also add the two highly prospective Greendale and Reedy Creek polymetallic projects, that have yielded positive copper, zinc, lead and gold grades near surface.”

“BlueBird continues to review other battery metals opportunities to add to our portfolio,” he added.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.137 0.173s - 112pq - 2rq
Subscribe Now