BOA Resources (BOA) South-West Connect Conference presentation summary

Project position and resource base

• Neds Creek is a 100%-owned flagship project in WA’s Murchison Copper Belt, with ~1,378 km² of tenements and Thaduna and Green Dragon deposits on granted Mining Leases.

• Thaduna and Green Dragon have a combined MRE of 5.3 Mt at 2.3% Cu for 121 kt contained Cu.

• Thaduna hosts 4.1 Mt at 2.5% Cu for 103 kt; Green Dragon hosts 1.2 Mt at 1.5% Cu for 18 kt.

• Sandfire Resources is a substantial shareholder with approximately 6.2%.

Ricci Lee drilling

• 46 RC holes for 7,364 m were completed in Aug–Sep 2026, testing strike, dip and grade continuity; drilling outlined Main Lode and a parallel Hanging-Wall Lode.

• High-grade copper was reported in 28 of 34 RC holes reported to date; mineralisation tested over 640 m of strike and up to 220 m vertically.

• Southern results include 10 m at 3.60% Cu, including 6 m at 5.57%, and 10 m at 2.78%, including 8 m at 3.33%.

• Northern results include 22 m at 3.05% Cu, including 9 m at 6.86%, plus 10 m at 1.81% on the Hanging-Wall Lode.

Exploration pipeline

• Six high-priority targets were identified from historic drilling and geochemical signatures; Ricci Lee was the 2026 resource-definition focus, with five other prospects tested by 92 AC holes for 5,722 m.

• At Rooneys, maiden aircore drilling extended the interpreted mineralised trend to more than 500 m; results included 4 m at 3.54% Cu and 16 m at 2.47% Cu in one hole.

• Follow-up RC drilling is planned at Rooneys; assays from Blockley, Mueller, Limestone Bore and Ward were expected through Oct–Nov 2026.

• Further work includes integrating Thaduna and Green Dragon data, updating the prospect inventory and planning a 2027 drill program to grow resources.