Boa Resources Limited · ASX:BOA
Boa Resources — Investor Presentation (April 2019)
18 slides from Boa Resources's investor presentation, Apr 4, 2019
Slide 1: Boadicea Resources Ltd Fraser Range Presentation
“Regions Caesar never knew thy posterity shall sway” William Cowper Boadicea Resources Ltd (ASX:BOA) Fraser Range Presentation Clarke Dudley, Managing Director April, 2019
Slide 2: Disclaimer
Disclaimer Forward Looking Statements This presentation is not an offer for financial products in any jurisdiction or a financial product recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment
Slide 3: Highlights
Highlights Fraser Range – Emerging World Class Nickel Province Strategic Symons Hill licence remains the flagship project with exciting prospectivity for Nova-Bollinger style nickel-copper mineralisation. Additional MLEM surveying completed in the March quarter at the untested targets SH-09, SH-10 a
Slide 4: Tight Capital Structure & Experienced Team
Tight Capital Structure & Experienced Team Capital Structure Diluted Share Ownership Shares on Issue 52.85m Diluted Market Cap. (@ A$0.20) A$10.6m Top 20 Shareholders 69.3% 37% 60% Cash (31/03/2019) A$0.68m Debt Nil Diluted Enterprise Value (@ A$0.20) A$9.92m 3% Board & Management Six Month Share Pr
Slide 5: Fraser Range Players
Fraser Range Players Fraser Range Silver Knight Resource Nickel –Copper Province ML Application Competitor Tenement Map March 2019 Nova Nickel Mine April, 2019 Boadicea Resources Ltd ASX:BOA 5
Slide 6: Symons Hill Ni-Cu Project, Fraser Range
Symons Hill Ni-Cu Project, Fraser Range The Company`s Exploration Licence adjoins the Mining Licence hosting the world class Nova-Bollinger Nickel-Copper mine, now owned by Independence Group (IGO) after it completed the $1.8B takeover of Sirius Resources during 2015. Symons Hill Project (73km2) rem
Slide 7: Symons Hill – Activities
Symons Hill – Activities Symons Hill Project Priority 2018 Targets Over SH-11 During the first half of 2018 three Bouguer Gravity Image SH-10 diamond holes for 1,133m were drilled SH-08 SH-09 testing significant moving loop electromagnetic (“MLEM”) anomalies (“conductors”) defined at Bell Ringer tar
Slide 8: Symons Hill – Activities
Symons Hill – Activities Downhole Electromagnetic (“DHEM”) surveying of the Bell Ringer diamond holes confirmed the intersection of the C1, C2 & C4 conductors*. Of interest was that 2 new “off-hole” conductors were detected: “C1 Deeps”, a 6000 siemens conductor detected 45m beneath hole 18BRDD003. “
Slide 9: Symons Hill – Current Activities
Symons Hill – Current Activities Additional MLEM survey completed in January at five untested targets SH-08, SH-09, SH- 10, SH-11 and SH-14 in the underexplored northern part of the Project area*. These targets were selected using the Company’s high quality proprietary datasets and model criteria re
Slide 10: Symons Hill – Current Activities
Symons Hill – Current Activities Results very encouraging with multiple SH-11 significant EM conductors identified*. Broad anomaly of relatively moderate conductance noted, interpreted to be SH-10 related to stratigraphy. SH-08 SH-09 Within this zone are a number of more discrete conductors position
Slide 11: Symons Hill – Current Activities
Symons Hill – Current Activities Modelling of MLEM defined 3 priority conductors A1 (SH-09), A2 (SH-10) and A3 (SH-11) that are considered significant and have the potential to represent sulphide accumulations. Conductors warrant drill testing, particularly given that there is no drilling or geologi
Slide 12: Fraser South – New Project
Fraser South – New Project The Company has increased its landholding in the highly prospective Fraser Range region by over 300% to 231km2, with the Fraser South tenement E63/1859 (158km2) now granted. The Project is positioned at the southern margin of the Fraser Gravity Ridge, adjacent to Independe
Slide 13: Second Strategic Project – Adjoins Silver Knight
Second Strategic Project – Adjoins Silver Knight ELA28/2723 Licence applied for October 2017. ELA28/2721 Silver Knight discovery publicised July 2018. Silver Knight MLA Boadicea successful December 2018 in 2 ballots of licences surrounding Silver Knight. EL28/1932 Main licence ELA28/2721 of 30km2 ad
Slide 14: Application – North Zanthus
Application – North Zanthus ELA28/2842 of approx. 93km2 applied for October 2018. Located approx. 15km east of Symons Hill Silver Knight MLA and 10km south east of Silver Knight. Ex-Independence (acquired from Buxton). ELA28/2842 North Zanthus Boadicea one of 10 applicants. EL28/1932 Symons Hill To
Slide 15: Applications – Transline
Applications – Transline Legend’s Area D Prospect Four ELA’s applied for November 2018. • 28/2849 (83km2), 7 applicants Boadicea’s 4 New Transline Applications • 28/2856 (20km2), 5 applicants • 28/2861 (15km2), 6 applicants • 28/2866 (38km2), 6 applicants Ex-Legend Mining. Located approx. 100-150km
Slide 16: Applications – Transline West and Native Willow
Applications – Transline West and Native Willow Native Willow Applications (Feb ‘19) Four additional ELA’s applied for February 2019. Transline West Area D Prospect • 28/2888 (21km2), 3 applicants Applications (Feb ’19) • 28/2895 (38km2), 4 applicants • 28/2887 (148m2), 5 applicants Transline • 28/2
Slide 17: Why Invest In Boadicea?
Why Invest In Boadicea? The Symons Hill Project is arguably one of the most prospective nickel exploration licences in Western Australia. The Company has allocated additional funding to Symons Hill and is increasing its footprint in the region through new licence applications e.g. Fraser South Proje
Slide 18: Thank You
Thank You For More Information, Please Contact; Mr Clarke Dudley Managing Director P: +61 3 9569 3467 E: cdudley@access.net.au April, 2019 Boadicea Resources Ltd ASX:BOA 18