Hi Eddie and welcome to Electronics Point
Here's another option that will work (barely) from a single 3V battery and will run for a reasonable length of time.
The blink rate is determined by the product of RT and CT. You can vary either one to change the blink rate.
U1 is a CD40106B hex inverter with Schmitt trigger inputs. This may be available from your local electronic components store, otherwise you can get it from Digi-Key (
http://www.digikey.com) or Mouser (
http://www.mouser.com). It's available in a DIP package (the type with pins that go through the board) or an SMT (surface-mount technology) package that mounts flat onto the board. The DIP package is easier to prototype with, but larger.
CD is a 100 nF or 0.1 µF ceramic capacitor that must be connected
RL affects the brightness of the LEDs, although at 3V that circuit won't deliver very much brightness - try it and see whether it's suitable or not. Reducing RL increases the brightness; you can reduce it all the way to 0Ω (i.e. a short circuit) without harming anything, if the supply voltage is only 3V. That will give you the brightest indication you can get from that design (unless you find a more efficient LED).
You can build the circuit on a breadboard, a piece of stripboard, or using "skeleton wiring".