Ni Au - Huntsman Exploration

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Ni Au - Huntsman Exploration
TSX-V
                                         HMAN

                                          Ni

                                   GOLD & NICKEL
Au                      IN LOW-RISK JURISDICTIONS
                      WITH HIGH GROWTH POTENTIAL

     HuntsmanX.c om
Ni Au - Huntsman Exploration
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.
Nathan Tribble, P.Geo., has approved the information contained in this presentation. Mr.
Tribble is the P.Geo of the Company and is a Qualified Person as defined by NI 43-101.

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Ni Au - Huntsman Exploration
DIVERSIFIED ASSETS FOCUSED
                             ON WEALTH CREATION

                              Au                                         Ni
                                                                                         HMAN:TSX-V |     3

Gold Division                            Nickel Division                          Corporate Advantages
• Intermediate-stage exploration        • Intermediate-stage exploration         • Experienced management
  project                                 project                                • Skilled technical team
• Bonanza grade targets                 • Initial drilling has delivered high-   • Attractive capital structure
                                          grade, near-surface results
• Bulk tonnage targets                                                           • Significant, highly reputable
                                        • 18-hole drill program, Q1 2021
• Potential to fast-track exploration                                              shareholder on board
                                        • Top rated Australian jurisdiction      • Fully-funded exploration programs
• Top rated US jurisdiction
                                        • Continued “greening” of global
• Gold widely considered at early
                                          economy supports strong, long-term
  stage of a supercycle
                                          nickel growth

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Ni Au - Huntsman Exploration
GOLD

                                     A COMPELLING & TIMELY
     GOLD                            CASE FOR GOLD

                                        Gold is an international        Gold price has increased
   G U A RDI AN O F W E A LT H          currency                        dramatically since March
                                                                        2020 and analysts are
       G U A RDI AN A G A I NST                                         bullish of further increases
C U R R E NC Y F L U C T UAT I O N

       G U A RDI AN A G A I NS T
                  I N F L AT I O N                                 Au
                                       Covid-19 continues to build      Current fiscal and trade
                                       incredible deficits and debt     policies in the U.S. have
                                       worldwide                        the potential to weaken the
                                                                        USD as a safe-haven

                                                                                          HMAN:TSX-V |   4
Ni Au - Huntsman Exploration
GOLD

    BAXTER SPRING GOLD
    PROJECT, NEVADA
Jurisdiction Highlights
•   World Top 3 mining jurisdiction for
    investment attractiveness (Fraser
    Institute)
•   Pro-mining government and supportive             Baxter Spring
    local communities                                   Project

•   Straightforward mining code
•   Home to several important gold bearing
    trends, including Round Mountain
                                                   NEVADA
•   The largest gold producing state in the
    U.S. and one that welcomes further
    development

                                              Au
                                                              HMAN:TSX-V |   5
Ni Au - Huntsman Exploration
GOLD

   BAXTER SPRING HIGHLIGHTS

Intermediate Stage   • Drill tested mineralization with 128 historical
                       RC and core holes
EXPLORATION
                     • Oxide and vein structures (historic results)

1040 ha              • Numerous identified untested targets.
PROJECT SIZE
                     • Historically, only shallow drill tested, with
                       potential to find additional mineralization at
                       depth.
Nevada
PROJECT LOCATION

                           H I S TO R I C R E S U LTS I N C L UDE :
                           BS-22: 2.49 g/t Au over 24.4 m

                           BS-8: 60.4 g/t Au over 12.2 m including
                           240 g/t Au over 3.1 m

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Ni Au - Huntsman Exploration
BAXTER SPRING HAS A
                                     GOLD

CLEAR PATH FOR ADVANCEMENT

                             HMAN:TSX-V |   7
Ni Au - Huntsman Exploration
GOLD

                LOCATED WITHIN
                THE ROUND
                MOUNTAIN TREND

                Regional N-S trending belt of
Baxter Spring   mineralization includes:
   Project
                Northumberland | 3.5 Moz Au
                Round Mountain | 15 Moz Au
                Manhattan | 1.5 Moz Au
                Goldfield | 5 Moz Au*

                *Readers are cautioned that results are historic and not 43-101
                compliant

                                                           HMAN:TSX-V |           8
Ni Au - Huntsman Exploration
GOLD

                                                                                                  FLINT, IDAHO:
                                                                                                  DISTRICT SCALE
                                                                                                  GOLD-SILVER
                                                                                                  PROJECT
                                                                                                  •   Gold-silver project in low-risk
                                                                                                                                      1
                                                                                                      jurisdiction covering 1,845 ha .
                                                                                                  •   Potential for bulk mineable and
                                                                                                      high-grade mineralization.
                                                                                                  •   On trend ~1.2 km south of the
                                                                                                      historically producing DeLamar and
                                                                                                      Florida Mountain camps where
                                                                                                      Integra Gold has recently defined
                                                                                                      resources totaling 2.1 Moz of gold
                                                                                                                             2
                                                                                                      and 116 Moz of silver.
                                                                                                  •   Historical Production of more than
                                                                                                      1.5 Moz of silver from two veins in
                                                                                                                      3
                                                                                                      the Flint camp.
                                                                                                  •   Pro-mining jurisdiction.

1 Acquisition pending TSX approval
2 Readers should refer to the Integra Resources Technical report dated Sept-09, 2019
3 Historical production figures were obtained and prepared by previous operators. The Company
has not completed the work necessary to verify results and the historical figures should not be
relied upon as they have not been verified by a Qualified Person.
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Ni Au - Huntsman Exploration
NICKEL

                                                              THE NEXT WINNER IN
    NICKEL                                                    THE BATTERY BOOM

Manufacturers adopting battery                                                    NMC share of EV market                    Battery nickel demand
chemistries with higher nickel                                                    forecast to nearly triple to              rising to 3.69 million tonnes
content; NMC is the front runner1                                                 63% by 20271                              by 20303

    N I C K EL D EMA N D
                                                                       Ni                     MA R K ET SH A R E 4                     Stated as %
                                                                                              By Type of Cathode Material             of the market
    I N B AT TERIES

                                                  2020-2030
                                                  CAGR: 16%
                                                                                  kt NICKEL

1 Source: Fitch Solutions “EV Metals”, Dec 2019
2 Source: Roskill “Nickel Outlook to 2029
3 Source: US geological survey, 2020
4 Source: Source: Western Areas Ltd., Trafigura Research, SMM, CIAP –March 2020                                                       HMAN:TSX-V |    10
NICKEL

LONG TERM BATTERY DEMAND
   REMAINS AGGRESSIVE

                By 2025:

                • Govt bans on new gas vehicle sales
                  commence2

                • Tens of millions of EVs are expected
                  on the roads3

                • Tens of millions of charge stations
                  will be installed2

                  115+
                  NEW BATTERY
                  MEGAFACTORIES ALREADY IN
                  THE PIPELINE1

                  1 Source: Benchmark Minerals
                  2 Source: Public announcements
                  3 Source: IEA “Global EV Outlook 2020”

                                                           HMAN:TSX-V |   11
NICKEL

THE WESTERN AUSTRALIA                                      World #1 rated mining jurisdiction
                                                           for investment attractiveness
JURISDICTION ADVANTAGE                                     Fraser Institute

Global nickel supply is dangerously reliant   • Politically stable and pro-mining
on high-risk jurisdictions, with 55%          • Straightforward regulatory framework
coming from Indonesia, Philippines &
Russia                                        • Attractive investment environment

                                              • Highly prospective mineralogy
End users have made it clear that
they are seeking stable, reliable             • Excellent infrastructure including road, rail, ports
and conflict-free sources of
production                                    • High quality end product for battery metals

                                              • Skilled and experienced workforce

                                              • Projects can move rapidly into production

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NICKEL

CANEGRASS PROJECT                                                                                       Ni

                                                                                                        Cu
                                                Canegrass Project
                                                Western Australia
• 2021 Drilling: New, 18-hole drill program                                                             Co
  for Q1, 2021

• High Grades: High-grade nickel, copper,                                                               Pt
  PGE and vanadium mineralization
                                                             AUSTRALIA
                                                                                                        Pd
• Drilling Success: Multiple, high-grade,
  near-surface drill results from 1st program                                                           V205
• Additional Targets: Drilling success to
  date is in line with survey anomalies/
  More survey anomalies to be drill tested

• Attractive Chemistry: Multi-element rock
  and soil sampling (historical) indicates
  absence of arsenic.

• Top Location: 4200 Ha property, located
  in the Windimurra Intrusive Complex, is
  road accessible and                                               Canegrass Tenement
  500 km from tidewater

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NICKEL

CANEGRASS 2018 DRILLING HIGHLIGHTS

                      • All holes returned anomalous values of
                        Ni, Cu, Co (and PGE)

                      • BBRC001 (Winx) 14m @ 1.17% Ni,
                        0.88% Cu and 0.05% Co from
                        65m, including 1m @ 2.70% Ni, 0.23%
                        Cu and 0.12% Co

                      • BBDD001 (Sunline) 0.57m @ 3.07 %
                        Ni, 0.62% Cu and 0.24% Co from
                        144.1m

                      • BBDD002 (Tulloch) 14.25m @ 0.69%
                        Ni, 0.82% Cu and 0.05% Co from
                        243.2, including 4.9m @ 1.33% Ni,
                        1.26% Cu and 0.10% Co

                      • Downhole electromagnetic (DHEM)
                        testing identified anomalies in holes
                        BBRC001 and 002, BBDD001 and 002,
                        strongly suggesting mineralization is
                        more extensive than intersected

                                                  HMAN:TSX-V |   14
CANEGRASS:
                                                             NICKEL

OPPORTUNITIES ALONG STRIKE AND DEPTH

  BBRC002-005 targeting vanadium (V205)   BBRC002-001 targeting
      whole rock surface anolmaly           VTEM-08 anomaly

                                                      HMAN:TSX-V |   15
NICKEL

CANEGRASS DRILLING TARGETING

                    • Demonstrated Ni-Co-Cu potential
                      associated with airborne VTEM TM
                      anomalies.

                    • Surface EM (2018) has confirmed
                      strong EM anomalies associated with
                      many of the VTEM TM anomalies.

                                           HMAN:TSX-V |   16
NICKEL

ASHBURTON:
MANGANESE COBALT PROJECT
                                                                                         Mn
                                               Ashburton Project
• 189,000 ha Property with 30km strike         Western Australia
  along the prospective Talga Fault Zone.
                                                                                         Co
• High-grade cobalt encountered (by
  sampling) in multiple locations with up to
  0.421% (4,214ppm) Co
                                                                   AUSTRALIA
• Strong correlation with manganese. The
  cobalt mineralization at Ashburton
  displays correlation with manganese
  enrichment, with grades up to 27.8%
  Mn.

• High demand Battery Metals

                                                                               HMAN:TSX-V |   17
UP CO M ING CATALY S TS

CANEGRASS
                  Discovery        Phase I Drilling    Phase II Drilling   43-101 Compliant
              Fieldwork/Drilling     (3,160m),          Q2/Q3 2021         Resource Estimate
            COMPLETE (Q4, 2018)    MLEM survey                               Q3/Q4 2021
                                    Q1/Q2, 2021

 BAXTER
 SPRING
                Acquisition        Historic Data      Fieldwork/Phase I    Phase II drilling
                 Q4, 2020             Review               Drilling         Q2/Q3 2021
                                    Q4, 2020,           Q1/Q2, 2021
                                    Q1, 2021

                                                                                HMAN:TSX-V |   18
Scott Patrizi, President, CEO
and Director
                                                             MANAG EMENT
Mr. Patrizi is a corporate                                                                                      Jeremy Ross, Director
                                                                                                                Over 20 years of experience in
director with a strong equity
capital markets and project                                                                                     venture capital and marketing for

acquisition experience. Mr. Patrizi holds a Bachelor                                                            small cap to mid-tier mining. He was
                                                                                                                a Director of Fission Uranium Corp TSX from 2013 to
of Commerce from the University of Western
Australia. Most recently he was the Executive                                                                   2017, as well as the Corporate Development Consultant

Director of ASX listed Caprice Resources Limited                                                                for Fission Energy when it was named a Top 50 TSX-V
                                                                                                                company for its performance.
(ASX: CRS) and remains a Non-Executive Director
of the company.
                                                                                                                  Joseph Meagher, Chief Financial
                                                                                                                  Officer & Corporate Secretary
Mr. Patrizi was formerly the Executive Director at
                                                                                                                Chartered Professional Accountant
Matador Mining Limited (ASX:MZZ) and a Non-
                                                                                                                (CPA, CA) and strong background
Executive Director at Rarex Limited (ASX: REE)
                                                                                                                as a CFO and Director in the
and Elixir Petroleum (ASX: EXR). Mr. Patrizi has
                                                                                                                mining sector
worked across a wide range of industries including
mining, oil and gas, healthcare, and education                                                                     Mathew O’Hara, Director
providing merger and acquisition, valuation and due                                                               Chartered Accountant with extensive
diligence services. Mr. Patrizi previous employment                                                               professional experience in capital markets,
history includes working for Argonaut Limited, a full-                                                            financing, financial accounting and governance
service advisory, stockbroking and research and                                                                   and has been employed by, and acted as
investment house focused on clients in the natural                                                                Director, Company Secretary and Chief Financial
resource sector as well as for big 4 accounting firm                                                              Officer of several listed companies,
in Deloitte.                                                                                                      predominantly in the resources sector.

                                                                                                                             Neil McCallum, Director
Nathan Tribble, Director                                                                                               Mr. McCallum, B.Sc, P.Geo, is a
15 years of experience in exploration                                                                               Senior Geologist with over 15 years
and mining, with a particular focus                                                                                 of experience and is a key member
on gold and base metals. Past                                                                                               of the Dahrouge Geological
experience includes Senior Principal                           Consulting Ltd. group. Mr. McCallum was extensively involved from an early stage in the
Geologist for Sprott Mining, Senior Geologist for Bonterra     NioCorp superalloy project in Nebraska. He has a proven track record of identifying high-
Resources, Jerritt Canyon Gold,                                               potential exploration projects and advancing them to the feasibility stage.
Kerr Mines and Northern Gold.
                                                                                                                                                         HMAN:TSX-V |   19
SHARE CAPITAL

           Share Price               C​$0.15

 TSX-V     Shares Outstanding         87.2M

HMAN       Warrants                  31.5 M

           Options                     6.0 M

           Fully Diluted            124.7 M

           Mkt Cap. (Basic)        C$13.1M

                                May 05, 2021

                                HMAN:TSX-V
                                HMAN:TSX-V |   20
WINDIMURRA COMPLEX | Canegrass Project
                         • Australia's largest, exposed. layered
                           mafic intrusion complex measuring 85
                           km x 37 km.
                         • This Archean-aged complex is similar
                           to others that host world class nickel-
                           copper, chromite and platinum-
                           palladium deposits
                         • one of the largest layered intrusives
                           in the world, estimated to be >11 km
                           thick.
                         • geologically similar to the Bushveld
                           Igneous Complex in South Africa
                           which supplies significant amounts of
                           the world’s platinum group elements,
                           nickel, copper and cobalt.
                         • The prospective Shepards Discordant
                           Zone Is a 200-600 m th ick sequence
                           of magnetite-rich leucogabbro that
                           can be traced for more than 50 kms.

                                                  HMAN:TSX-V |   21
CANEGRASS PROJECT
           Section looking North of BBDD0002
Tarketing CG-039 EM Anomaly and Historical Mineralization

                                                            HMAN:TSX-V |   22
CANEGRASS | Regional Magnetics

                       Atlantic Vanadium
                       Windimurra Mine

                         Canegrass
                         Property

                                           HMAN:TSX-V |   23
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