BOA Resources (BOA) Investor presentation summary

Transaction and portfolio

• Proposed acquisition of a 49% interest in 13 Murchison Copper Belt tenements, with an exclusive option to acquire the remaining 51%.

• The tenements cover 1,140 km²; nine high-priority targets have been identified, including advanced Ricci Lee. Twelve applications are pending heritage agreements; one tenement is granted.

• Consideration includes 14% scrip and a carry of Stanifer through its next $500,000 of expenditure; the proposed $3.75m placement is subject to shareholder approval.

• Placement terms: 150m shares at $0.025, a 16.67% discount to the 15-day VWAP; estimated post-transaction cash is $4.315m before placement costs.

Copper exploration targets

• Ricci Lee mineralisation is defined over 500m strike and 200m depth, remains open laterally and at depth, and is the first priority for resource-definition drilling in 2026.

• Historic Ricci Lee RC results include 10m at 5.12% Cu, 5m at 6.41% Cu and 7m at 3.48% Cu; no follow-up drilling was undertaken after the 2010–2013 program.

• Enigma has a shallow copper oxide footprint interpreted over ~4km by 1.5km; historical results include 63m at 1.1% Cu from 90m and 29m at 1.1% Cu from 82m.

• Rooneys, Green Dragon East, Limestone Bore and Copper Mine Road have reported ore-grade intersections; targets include structurally controlled copper prospects along the Thaduna and Green Dragon corridors.

• Extensive drilling and geophysical data will feed machine-learning target generation and ranking, including work to assess Enigma’s mineralisation controls and identify further targets.

Work program and funding

• Target mapping and ranking are planned for Q4 2025–Q1 2026; heritage agreements and pre-drill surveys precede resource-definition and exploration drilling from Q2 2026.

• Planned project expenditure totals $2.19m, including $1.5m for drilling; total use of funds is $4.315m, with 73% budgeted for in-ground work.

• The proposed transaction timetable sets shareholder approval for 12 January 2026 and completion for 14 January 2026.