Boa Resources Limited · ASX:BOA
Boa Resources — Shareholder Meeting (November 2023)
19 slides from Boa Resources's shareholder meeting presentation, Nov 28, 2023
Slide 1: Annual General Meeting Presentation
Annual General Meeting 28 November 2023 Presentation For personal use only
Slide 2: BOA Resources Ltd – company overview
BOA Resources Ltd – company overview Capital structure (at 27 Nov 2023) Share ownership For personal use only Shares on issue1 123,090,302 Share price $0.041 IGO 5.08% Market capitalisation $5,046,702 BOA 3.32% Top 30 shareholders 45% Retail 91.60% Total number of shareholders 992 Debt $0 Cash2 $2,6
Slide 3: Our company
Our company For personal use only Future focus Exciting prospects Well funded – Refreshed strategy to focus – Exploring for Ni with – Free carried by IGO over on Lithium (Li) and Nickel (Ni) partner IGO Ltd around 6 Fraser Range tenements exploration and discovery in IGO's giant Nova Ni deposit – aw
Slide 4: Our people
Our people Refreshed board with extensive experience in capital markets, resource exploration and discovery and growing shareholder value. For personal use only Board Management Nik Karakachov Exploration Manager (WA) Edge Topaccio Group Accountant Yolanda Torrisi Investor Relations Cath Norman Grae
Slide 5: WA Lithium
WA Lithium Li For personal use only ASX: BOA 5
Slide 6: Two Tanks lithium
Two Tanks lithium – Located in the Mt Ida province in an emerging pegmatite corridor For personal use only – Multiple, fertile pegmatites intersected during 2023 20-hole drilling program – Encouragement from drilling leads BOA to three new target areas – Potential for higher Li grades closer to the
Slide 7: Two Tanks lithium
Two Tanks lithium 2023 drilling recorded Li2O: – 2,491 ppm For personal use only – 797 ppm – 552 ppm Surface exposure of pegmatites Drilling June 2023 ASX: BOA 7
Slide 8: Bald Hill East lithium
Bald Hill East lithium – Located in evolving Bald Hill / Lake Johnston greenstone belt For personal use only – Numerous new Li discoveries and deal flow – Finalising agreement for heritage access with Native Title holders – Bald Hill East tenement mapped to contain potential strike extension of Bald
Slide 9: Cat Camp lithium
Cat Camp lithium – Located in the greater Lake Johnston / Eastern Goldfields district For personal use only – Known pegmatites and nickel mineralisation – Local pegmatites are shallow and thick – Geochemical program completed June 2023 identifying two Li targets – Drilling program planned for mid 20
Slide 10: Ant Hill lithium
Ant Hill lithium – Located in the Lake Johnston region For personal use only – A new focal area for WA Li exploration and discovery – Only 75km from the Mt Holland lithium project (92.4Mt @1.5% Li2O) – Ballot award for BOA, awaiting final grant – Additional potential for sulphide nickel with similar
Slide 11: WA Nickel
WA Nickel Ni For personal use only ASX: BOA BOA holdings in Fraser Range, WA 11
Slide 12: WA Nickel
WA Nickel IGO managed tenements – 6 of 11 licences managed by agreement with IGO Limited For personal use only – Includes Symons Hill, White Knight, Transline North, Transline South, Transline West (1) and South Plumridge – Adjacent to the large Nova nickel deposit and mine operated by IGO – Underex
Slide 13: BOA / IGO Fraser Range nickel
BOA / IGO Fraser Range nickel Eggpie target (Transline South) – Drill program completed (32 holes) For personal use only with sulphides intersected at the base of one hole – awaiting Sulphides identified assay results from drilling at Eggpie in Transline South Beacon target (South Plumridge) – Drill
Slide 14: BOA Fraser Range nickel
BOA Fraser Range nickel – EM survey at Fraser South identifies massive sulphide mineralisation target: Snowy’s Prospect For personal use only – The anomaly is easily drilled with an estimated depth of 170m – Potential for Nova style nickel sulphides or Volcanogenic Massive Sulphides (VMS) mineralisa
Slide 15: New focused strategy at work
New focused strategy at work – Heads of agreement executed to sell a 90% interest in BOA’s Queensland assets to Trigg Minerals Ltd (ASX:TMG) For personal use only – Completion subject to certain conditions, end 20231 – BOA to receive $20K cash and issued $300K TMG shares – BOA retains a fully carrie
Slide 16: 2024 timeline
2024 timeline Q1 Q2 Q3 Q4 For personal use only Heritage survey Bald Hill East Site prep / Drilling Drilling evaluation Li Cat Camp Heritage survey Drilling evaluation Site prep / Drilling Lithium Site prep / Drilling Geophysics Two Tanks Drilling evaluation Ant Hill Awaiting final grant Heritage su
Slide 17: BOA highlights
BOA highlights Strategic Executing Future facing For personal use only positioning our strategy industry – Refreshed board and – Near term, fully funded – Exposed to the highly management to lead 2024 drilling programs sought after critical new era for company targeting lithium minerals essential fo
Slide 18: Contact us
Contact us For more information, please contact Follow us on social media Cath Norman info@boadicea.net.au For personal use only Managing Director boadicea.net.au +61 407 087176
Slide 19: Disclaimer
Disclaimer Forward Looking Statements Competent Persons Statements This presentation is not an offer for financial products in any jurisdiction or a The information in this presentation that relates to Exploration Results for the For personal use only financial product recommendation. The informatio