BOA Resources (BOA) Investor update summary
Event summary combining transcript, slides, and related documents.
Investor update summary
5 Oct, 2026Acquisition overview
Thaduna, Green Dragon and additional Neds Creek tenements acquired in an all-scrip transaction valued at ~AUD 7m, equivalent to ~AUD 70 per tonne of contained copper.
100% ownership expands the Murchison Copper Belt footprint to ~1,378km² and establishes a controlling position in the northern Yerrida Basin.
Tenement package includes the Thaduna and Green Dragon mining leases, 7 granted exploration licences, 5 granted prospecting licences and 11 exploration licence applications.
Sandfire Resources is expected to become a substantial shareholder with ~6.2%; transaction completion is scheduled for September 2026, subject to remaining conditions and shareholder approval in August.
Leadership
Adrian Griffin of CVA will join the board as a Non-Executive Director; Cath Norman will step back as Non-Executive Chair, with Graeme Purcell taking on the Managing Director role.
Copper resource base
Combined JORC 2012 Mineral Resource Estimate: 5.3Mt at 2.3% Cu for 121kt contained copper.
Thaduna hosts 4.1Mt at 2.5% Cu for 103kt contained copper; mineralization is open at depth, along strike and down plunge.
Green Dragon hosts 1.2Mt at 1.5% Cu for 18kt contained copper; mineralization is open down dip and potentially westward, with strike repetitions to be tested.
Management sees scope to grow both deposits within known margins and through lightly tested prospects across the project.
Latest events from BOA Resources
- Ricci Lee and Rooneys broaden the growth runway beyond 5.3 Mt at 2.3% Cu.BOA
Investor presentation - Neds Creek consolidation and high-grade drilling underpin a $9.245m exploration-funded next phase.BOA
Q1 2027 TU - Ricci Lee and Rooneys drilling expand the Neds Creek copper growth pipeline.BOA
South-West Connect Conference presentation - Neds Creek’s resource base and high-grade results underpin a drilling-led growth plan.BOA
Investor update - Ricci Lee drilling adds high-grade upside to a 121 kt copper resource base.BOA
AGM 2026 presentation - Funded 2024 drilling targets WA lithium, nickel and Paterson Province gold.BOA
Noosa Mining Conference 2024 presentation - A 1,140 km² copper portfolio adds nine high-priority targets for 2026 drilling.BOA
Investor presentation - Neds Creek copper deal positions Ricci Lee for priority 2026 resource drilling.BOA
AGM 2025 presentation - Ricci Lee anchors a planned 2026 copper drilling and resource-growth campaign.BOA
General Meeting 2026 presentation