Battery Metal Assets Battery Metal Assets In a Low-Risk Jurisdiction - BlueBird Battery Metals
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BATT:TSX-V BBBMF:US
Battery Metal Assets
Battery Metal Assets
In a Low-Risk Jurisdiction
InWith Fast Track
a Low-Risk Potential
Jurisdiction
With Fast Track Potential
bluebirdbatterymetals.com
Forward Looking Statements
This presentation contains certain statements that may be deemed “forward-looking statements”. All statements, other than statements of historical fact,
that address events or developments that BlueBird Battery Metals Inc. expects to occur, are forward-looking statements. Forward-looking statements are
statements that are not historical facts and are generally, but not always identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”,
“estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although
BlueBird Battery Metals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements
are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause
the actual results to differ materially from those in forward-looking statements include market prices, exploration and production successes or failures,
continued availability of capital and financing, inability to obtain required shareholder or regulatory approvals, and general economic market or business
conditions. Forward-looking statements are based on the beliefs, estimates and opinions of BlueBird’s management on the date the statements are
made. Wesley Hanson, P.Geo., has approved the information contained in this presentation. Mr. Hanson is a director of the Company and is a Qualified
Person as defined by NI 43-101.
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Fast Track Potential in a
Low-Risk Jurisdiction
• Broad Exposure to Booming Battery
Industry with Li, Ni-Cu-Co and V
• Projects with Clear Path for Advancement
• Low-Risk, Pro-Mining Jurisdiction that
Facilitates Rapid Project Development
• Proven Management and
Technical Team
• Multiple Catalysts with Work Programs
Underway
• Long-term Battery Metal Growth Trend
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The Battery-Powered Industrial Revolution
70+ new battery megafactories
in operation
BY First government
2025
bans on gas/diesel vehicles
Automakers to spend
US$300B on Evs
Tens of millions of EVs
expected on the roads
millions of charge stations
installed
100,000+ GWh in new energy storage
capacity
expected online
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4
The Western Australia Jurisdiction Advantage
▪ Consistently ranked World Top 5 jurisdiction
Global battery metal production is
▪ Politically stable and pro-mining dangerously reliant on unstable,
▪ Stable regulatory framework high-risk jurisdictions
▪ Attractive investment environment
▪ Highly prospective mineralogy
▪ Excellent infrastructure including road, rail, ports End users are actively seeking
stable, reliable and conflict-free sources
▪ High quality end product for battery metals
of production
▪ Skilled and experienced workforce
WA projects can PILBARA MINERALS ALTURA MINING MINERAL RESOURCES ALLIANCE MINERALS
move rapidly Discovery to Production Discovery to Production Discovery to Production Mine to Production
into production 4 years 3.6 years 4 years 4 years
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Ashburton Project Mn Co
Western Australia
Project Portfolio
✓ Located in established mining
districts known for high-value
deposits
✓ Excellent infrastructure
✓ Fast-track exploration potential
with low-hanging fruit
AUSTRALIA
Geraldton
Perth
664 km2 Southern
Lithium Project Li
PORTFOLIO Western Australia
in the prolifically-endowed
Eastern Goldfields Region of WA
Canegrass Project V Ni Cu Co
Western Australia
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Western Australia’s Lithium District
988.4Mt of Li2 of
Within just ten years, Western Australia has evolved from Lithium Resources
Discovered in WA in
one lithium mine to seven lithium mining operations
Last Ten Years
Mineral
Resource Grade
Project Company (Mt) (Li2O%)
From Tin-Tantalum to Lithium.
Greenbushes Mine Albermarle/Tanqui 157 2.25
Lithium first recognized in WA on a
Earl Grey Deposit Kidman/SQM 189 1.5 significant at the Greenbushes Mine
Wodgina Mine Mineral Resources 259 1.17 (formerly focused on
Pilgangoora Mine Pilbara Minerals 226 1.27 tin-tantalum). Exploration in WA
expanded from former
Mt Marion Mine Nometals/Gangfeng 71.3 1.09
tin-tantalum operations to
Pilgangoora Mine Altura Mining 50.5 1.01
Archaean greenstone belts —
Bald Hill Mine Alliance Mineral Assets 18.9 1.18 traditionally the domain of nickel
Mt Cattlin Mine Galaxy Resources 16.7 1.28 and gold explorers — and
successfully identified pegmatite-
Mt Kathleen Liontown Resources 21.2 1.4
hosted lithium mineralisation.
Total 988.4 1.42
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Li
Southern Lithium
(Exclusive Option to Acquire)
• Multiple targets defined by drilling
• Cumulative >26km strike length of defined
pegmatites, mapped at surface and drill-
tested up to 550m AUSTRALIA
• Strategically located within Southern Yilgarn
Lithium Province
• Nearby highway access to 3 bulk material
export ports, 2 proposed lithium conversion
plants and a third plant under construction
Southern
• Aggressive exploration program planned to Lithium Project
commence imminently Western Australia
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SOUTHERN LITHIUM PROJECT
Li
Southern Lithium (Exclusive Option to Acquire)
Pegmatite geology in the
region is proven to host
large-scale lithium
mineralization
The Region hosts:
4 3
LITHIUM ADVANCED
MINES PROJECTS
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Hard Rock vs Brines
Environmental Advantage
Hard Rock pegmatite operations have much smaller
environmental footprint than the extensive tracts of land
occupied by brine evaporation ponds
Consistency of Supply Advantage
Unlike brine operations, weather has little-to-no impact on
pegmatite hosted lithium production, ensuring consistency
and surety of supply (a key consideration of end users)
Direct Shipping Ore Advantage
Pegmatite-hosted lithium has the potential to be direct
shipping ores (DSO)
10 BLUEBIRDBATTERYMETALS.COM | BATT:TSX-V BBBMF:USSOUTHERN LITHIUM PROJECT
Li
Lake Johnson Project
Cat Camp
Major Pegmatite Targets Lake Johnson
• 336km2 tenure, host to multiple pegmatite fields Bondi
with occurrences of lithium
• Large-scale targets with pegmatites defined at Taylors
Rocks Prospects (E63/1840) across a strike length of
7.85km with cumulative pegmatite intercepts up to 39m
Strategic and Prospective Location
Adjacent to the east of the Southern Cross Greenstone
Belt, host to the Earl Grey Lithium Deposit, 189Mt at Taylor Rock
1.5%Li2O
Multiple significant gold and nickel results from
Maggy Hays South
drilling across Lake Johnson including:
• Taylors Rocks Prospect:
- 3m at 9.84 g/t Au
- 37m at 0.48% Ni
• Mt Gordon Prospect
Mt. Gordon
- 5m at 7.15g/t Au
11 BLUEBIRDBATTERYMETALS.COM | BATT:TSX-V BBBMF:USSOUTHERN LITHIUM PROJECT
Li
Holleton Project (Li-Ta Rights)
Pegmatite Targets
1,200m wide pegmatite unit open in all directions
has been defined by prior drilling (for gold) within 18m
of surface.
Drilling ends in pegmatite unit and true thickness of
the pegmatite unit has not yet been defined. Maximum
interval intersected in drilling of 13m.
Strategic and Prospective Location
Greenstone trend extends along a cumulative strike
length of 41km within the tenure
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Lake King Project
Li
Lake King
Pegmatite Targets
• Extensive drilling (for nickel) has been completed
across a strike length of >10km intercepted
pegmatites up to 30m thick
• Pegmatites mapped at surface and up to 550m
below surface
Strategic and Prospective Location
Located on trend to both Earl Grey (189Mt at
1.5%Li2O) and Mt Cattlin (16.7Mt at 1.28%
Li2O), located 115km directly north and 63km
south-south-east respectively.
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Li
Exploration
Q2 2019 Q3 2019 Q4 2019
3D Modelling of Pegmatites
Surface Mapping/Geochemical Sampling
Detailed Geophysical Surveys
Drill Targeting & Permitting
Initial Scout Drilling
Infill and Extensional Drilling
Metallurgical Test Work
Regional Ground Consolidation
14 BLUEBIRDBATTERYMETALS.COM | BATT:TSX-V BBBMF:USV Ni
Cu Co
Canegrass Project
High Grade Ni-Cu-Co-V2O5s
Canegrass
Tenement
2018 Drilling Success
• Multiple, high-grade, near-surface hits
• Successful holes in line with survey anomalies
Low-hanging Fruit
• Opportunity to expand known mineralization
along strike and at depth
AUSTRALIA
• More survey anomalies to be drill tested
• At surface, high-grade vanadium (in excess of
1% V2O5 ) over 4km strike length (2007
sampling)
Canegrass Project
Western Australia
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15 BLUEBIRDBATTERYMETALS.COM | BATT:TSX-V BBBMF:USV Ni CANGRESS PROJECT
2018 Drilling Highlights:
Cu Co
High-Grade Mineralization Near Surface
BBRC001 – 72-78m
6.0 m averaging 1.40% Ni, 0.96% Cu, 0.06% Co, 0.94% V2O5,
0.48 g/t Pt and 0.60 g/t Pd
BBDD002 – 250.80 -255.70m
4.90 m averaging 1.33% Ni, 1.26% Cu, 0.10% Co
BBDD002 – 250.80 -255.70m
4.90 m averaging 1.33% Ni, 1.26% Cu, 0.10% Co
16 BLUEBIRDBATTERYMETALS.COM | BATT:TSX-V BBBMF:USMn Co
Ashburton Project
Western Australia
Ashburton Project
• 189,000 ha Property with 30km strike along
the prospective Talga Fault Zone.
• High-grade cobalt encountered (by sampling)
in multiple locations with up to 0.421% AUSTRALIA
(4,214ppm) Co
• Strong correlation with manganese. The
cobalt mineralization at Ashburton displays
correlation with manganese enrichment, with
grades up to 27.8%.
• Further results to Come with phase two
sampling underway to evaluate additional
regional prospects.
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17 BLUEBIRDBATTERYMETALS.COM | BATT:TSX-V BBBMF:USMn Co Ashburton Project:
Multiple Exploration Hot Spots
18 BLUEBIRDBATTERYMETALS.COM | BATT:TSX-V BBBMF:USManagement
Nav Dhaliwal Nathan Tribble
CEO Director
Mr. Dhaliwal is an experienced executive, leader and team builder. He was Mr. Tribble, P.Geo. (ON) has over 13 years of professional experience in
the founder and CEO of Bonterra Resources and has a track record of exploration and mining, with a particular focus on gold and base metal
success in the mining sector. Mr. Dhaliwal is particularly adept at exploration and project evaluation. Past experience includes Senior
nurturing early stage companies through their critical phases of evolution. Principal Geologist for Sprott Mining, Senior Geologist for Bonterra
He also brings valuable business relationships with international analysts, Resources, Jerritt Canyon Gold, Kerr Mines, Northern Gold, Lake Shore
brokers and investment bankers throughout Canada, the United States Gold and Vale Inco. Mr. Tribble is registered as a Professional Geoscientist
and Asia. in Ontario and holds a Bachelor of Science degree in Geology from
Laurentian University.
Joseph Meagher
Chief Financial Officer & Corporate Secretary Jeremy Ross
Mr. Meagher became a Chartered Professional Accountant (CPA, CA) in Director
2008, and obtained the Chartered Director (C.Dir.) designation from The Jeremy Ross has over 20 years of experience in venture capital and
Directors College (a joint venture between McMaster University and The marketing for small cap to mid-tier mining, cannabis, and technology
Conference Board of Canada) in 2017. companies. He was a Director of Fission Uranium Corp TSX from 2013 to
2017, as well as the Corporate Development Consultant for Fission Energy
when it was named a Top 50 TSX-V company for its performance. Mr.
Leigh Hughes Ross was the head of corporate development for Able Auctions and Smart
Director Tire systems, both of which graduated from the OTC to the Amex stock
Mr. Hughes has been CEO and a director of COMVERJ Pty Ltd, a boutique exchange (NYSE). Mr. Ross currently holds multiple board positions with
Integrated Marketing Communications and Innovations firm, since TSX, TSX.V & CSE listed companies.
January 2003. Mr. Hughes is currently a corporate advisor to multiple
listed companies on the ASX, CSE and Exchange and also acts as director
and executive officer for several listed companies.
19 BLUEBIRDBATTERYMETALS.COM | BATT:TSX-V BBBMF:USShare Capital
(as at April 01, 2019)
Share Price C$.30
Shares Outstanding 49.78M
BATT TSX-V Warrants 10.9 M
BBBMF US Options 4.5 M
Fully Diluted 63.2 M
Mkt Cap. (Basic) ~C$18M
20 BLUEBIRDBATTERYMETALS.COM | BATT:TSX-V BBBMF:US+1 604 678 5308
+1 855 678 5308
www.bluebirdbatterymetals.com
info@bluebirdbatterymetals.com
1680 – 200 Burrard Street
Vancouver, BC V6C 3L6
BATT:TSX-V
BBBMF:US
21 BLUEBIRDBATTERYMETALS.COM | BATT:TSX-V BBBMF:USBattery Growth Drivers
EV adoption headed towards unstoppable upwards trend
Government action is underway Auto industry is spending
• 9 Countries and multiple states, provinces, • US$300B committed to EV dev and production
cities planning bans on gas/diesel vehicles by 2025 (incl. $87B for battery procurement)2
from 2025
• 39 automakers have EVs available or in
• China and nine US states have introduced development, including sedans and pick-ups
minimum EV sales mandates
Charge station numbers growing Ev adoption is accelerating
• 630,000+ charge stations in place; commitments • 5.4M EVs in use by end of 20181. Major sales growth
to roll out multi-million location networks by year-on-year. 2.1M EVs sold in 2018
20301
• Analysts forecasting from 20M3 (Morgan Stanley) to
• Major oil companies are investing in and 120M4 (IEA) EVs on the road by 2030
acquiring EV charge station companies
1 Bloomberg NEF 3Public announcements
2 Media 4International Energy Association
22 BLUEBIRDBATTERYMETALS.COM | BATT:TSX-V BBBMF:USThe Energy Storage Battery Boom
Lithium-Ion
Chemistry remains
the Leader
By 2040, analysts1 estimate
global energy storage will:
• Grow to a cumulative
942GW/2,857GWh by 2040
• Attracting US$620 billion in
investment
• Reach the equivalent of 7% of
total installed power capacity
globally
Lithium-ion batteries accounted for nearly 90% of utility-scale batteries
commissioned in 20172
1Bloomberg NEF
2International Energy Agency
23 BLUEBIRDBATTERYMETALS.COM | BATT:TSX-V BBBMF:USBattery Metal Production Must Grow… Fast
Battery capacity in the pipeline for 2019-
2028 has risen from 289GWh to 1,549GWh
(1.54TWh), and requires major battery metal
increases1
Megafactory Battery Metal Increase
Construction Boom1 At Full Capacity These will Require1 by 20281
Battery Megafactories in Material 2017 2023 2028 Battery Metal Growth Required
Construction Worldwide (over 2017 production)
Lithium 162,752 961,351 1,570,020
Q1, 2015 3 Lithium +865%
Graphite Anode 194,160 1,080,360 1,747,800
Q4, 2018 17 Cobalt +408%
Cobalt 54,354 219,679 276,401
Q1, 2019 72 Nickel (class 1) +1,810%
Nickel 48,584 494,774 928,018
Total GWh 161.8 900.3 1,456.5 Copper +840%
1Benchmark Minerals January, 2019
24 BLUEBIRDBATTERYMETALS.COM | BATT:TSX-V BBBMF:USBattery Metal Jurisdiction Risks
Lithium: Ni Nickel:
Li 42% of global supply from Chile & Argentina 33% of global supply from Indonesia
• Project are typically high CAPEX & Philippines
• Final product is typically low quality • Graft/corruption and limited
• Economic, labor reforms expected ownership
• Constitutional reform under discussion • Import/export restrictions
• Argentina austerity measures in place
Co Cobalt: V Vanadium:
65% of global supply from DRC 40% of global supply from Russia,
• Resurgence of conflict in the eastern DRC S. Africa & Brazil
• Institutionalized corruption • Niche, small and opaque market
• Volatile inflation • Few pureplay producers
• Child labor
• Questionable supply chain/product provenance
Cu Copper:
30% of global supply from Chile,
Peru & DRC
• Old, depleting mines
• Geopolitical risk and worsening
international trade relations
25 BLUEBIRDBATTERYMETALS.COM | BATT:TSX-V BBBMF:USYou can also read
