HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: The hunt for nickel.

An artificial intelligence startup backed by Bill Gates and Jeff Bezos has teamed up with the world's second-largest mining group to hunt for metals used in electric vehicles.

KoBold Metals and BHP will together search for lithium, nickel, cobalt, and copper in Australia, KoBold CEO Kurt House told Insider in an interview.

KoBold and BHP's three-year partnership could help to source the nickel that gets used in Tesla vehicles, House said.

In July, BHP signed a deal with Tesla to provide nickel for the carmaker's electric batteries.

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