Boa Resources Limited · ASX:BOA

Boa Resources — Boadicea Resources — Investor Presentation (April 2021)

34 slides from Boa Resources's investor presentation, Apr 15, 2021

  1. Slide 1: ASX Announcement: Company Presentation Update

    BOADICEA RESOURCES LTD ASX ANNOUNCEMENT 15 April 2021 BOADICEA RESOURCES LTD Company Presentation ACN: 149 582 687 For personal use only Boadicea Resources Ltd has produced an update to the Company Presentation ASX Announcement & to include the near term diamond drilling details on the Symons Hill l

  2. Slide 2: Corporate Presentation April 2021

    Boadicea Resources Ltd For personal use only Corporate Presentation APRIL 2021 ASX: BOA

  3. Slide 3: 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 For personal use only information necessary for investment decisions.

  4. Slide 4: Set, Ready, Grow

    SET, READY, GROW SET For personal use only ✓ BOA main projects are WA’s Fraser Range (nickel), Paterson Province (gold/copper) and Charters Towers / Drummond Basin region of Qld (gold) READY ✓ IGO Exploration on BOA Tenements commenced, with drilling in May ✓ Orion target has been tested to within 2

  5. Slide 5: The Boadicea Growth Path

    THE BOADICEA GROWTH PATH ✓ Fraser Range For personal use only ✓ Nickel – copper - cobalt ✓ IGO Drilling Q2 2021 ✓ Orion as primary target ✓ Potential for $50 million plus royalty payday ✓ Paterson Province ✓ Koongulla Project – 612km2 ✓ Gold - Copper ✓ Telfer lookalike dome feature ✓ BOA drilling Q4

  6. Slide 6: Company Overview

    COMPANY OVERVIEW Share Ownership Capital Structure Current 10% 4% For personal use only 2% Shares on Issue 62.1m Market Cap. (@ A$0.240) (13/04/2021) A$14.9m 84% Top 20 Shareholders 72% Management / Consultants Cash (31/12/2020) A$2.0 Retail Directors IGO 8 Month Total Shareholder Return Board & Man

  7. Slide 7: Experienced Board and Management Team

    For personal use only EXPERIENCED BOARD AND MANAGEMENT TEAM Jon Reynolds Steven Moon Dom De Marco Graeme Purcell James Barrie Managing Director Executive Director Non - Executive Consultant Geologist Company Sec. Director Geologist with 35 years Steven has more than Geologist with 25 years Independe

  8. Slide 8: Fraser Range - Nearology

    For personal use only FRASER RANGE - “NEAROLOGY” 7 March 2021

  9. Slide 9: IGO Exploration – Fraser Range

    IGO EXPLORATION – FRASER RANGE • With the BOA / IGO deal, we have aligned the Company with the most dominant explorer in the Fraser Range For personal use only • IGO have access to over 15,000km2 of the Fraser Range tenure • Have identified over 600 mafic and ultramafic intrusions and 466 possible t

  10. Slide 10: IGO Exploration – Orion Extension

    IGO EXPLORATION – ORION EXTENSION • Orion is the high priority target and IGO commenced exploration in 2021, with planned drilling Q2 2021 For personal use only • Has been tested by multiple holes within IGO Tenement to within 25m of BOA licence boundary • “Blebby, multiphase magmatic sulphides (pyr

  11. Slide 11: Paterson Province – Koongulla Project

    PATERSON PROVINCE – KOONGULLA PROJECT • BOA has one tenement and two applications in the Paterson Province of Western Australia For personal use only • Koongulla (EL45/5392): 95% owned • Koongulla North (EL45/5818): 100% owned, application • Koongulla East (EL45/5866): 100% owned, application • Tota

  12. Slide 12: Koongulla Dome

    KOONGULLA DOME • Geophysics has identified an interpreted dome structure For personal use only • The broad dimensions of the Koongulla Dome are similar to those of Telfer, being 7.5 km long and 3 km wide with its long axis, like Telfer, oriented NW. • Preliminary depth to basement indications are ap

  13. Slide 13: Drummond Basin (Qld) - Clarke Reward

    DRUMMOND BASIN (QLD) - CLARKE REWARD • Boadicea Queensland exploration footprint expanded with a new Exploration Permit For personal use only application (EPM 27834). • The application for 96km2 covers a highly anomalous magnetic feature in a structural position at the margin of the Drummond Basin a

  14. Slide 14: Core Exploration Program – BOA Tenements

    CORE EXPLORATION PROGRAM – BOA TENEMENTS Western Australia For personal use only Transline ORION ORION ORION • Aircore SYMONS HILL Q2 2021 EXTENSION •Geophysics •LT Squid EM Q2 2021 EXTENSION •Diamond Drilling Q2 / Q3 2021 EXTENSION • Assays / Results Q3 / Q4 2021 Drilling • EM Surveys • Follow up M

  15. Slide 15: Summary: Set, Ready, Grow

    SUMMARY Set, Ready, Grow For personal use only 1. Fraser Range: Imminent results from IGO drilling - Orion Extension (Q2 2021) 2. Fraser Range: BOA retains quality tenements adjacent to the three nickel discoveries: • Nova (IGO) – Symons Hill (100% BOA) • Mawson (LEG) – Transline (100% BOA) • Silver

  16. Slide 16: For More Information Please Contact

    For personal use only FOR MORE INFORMATION PLEASE CONTACT MR JON REYNOLDS MANAGING DIRECTOR +61 (0)409 858 053 jreynolds@boadicea.net.au http://www.boadicea.net.au

  17. Slide 17: Additional Information

    ADDITIONAL INFORMATION Slide For personal use only BOA Exploration Area 17 2020 Achievements 18 IGO transaction details 19 Fraser Range strategic position 20 - 21 Symons Hill (adjacent Nova) 22 Nova nickel mine 23 Transline tenements (adjacent Mawson) 24 Mawson nickel (Legend Mining) 25 White Knight

  18. Slide 18: BOA Exploration Areas

    BOA EXPLORATION AREAS FRASER RANGE For personal use only • BOA owns tenements in prime location adjacent to all known nickel deposits in the Fraser Range ➢ Symons Hill => Nova / Bollinger Nickel mine (IGO). Drill-ready targets ➢ Transline => Mawson Nickel discovery (Legend Mining) ➢ White Knight =>

  19. Slide 19: 2020 Achievements

    2020 ACHIEVEMENTS • Completed of IGO Transaction • For personal use only Received A$7M • “Free Carry” on all exploration in Fraser Range for 5 years • Potential for A$50M upon IGO reporting a JORC Resource • Team effort to deliver significant benefits to shareholders • Payment of A$4.5M to sharehold

  20. Slide 20: Fraser Range IGO Transaction Details

    FRASER RANGE IGO TRANSACTION DETAILS • Conditional sale of nine (9) Fraser Range Tenements to IGO Newsearch Pty Ltd (“Newsearch”) a wholly owned subsidiary of IGO Limited (“IGO”). For personal use only • Potential sale price of $57 million plus a royalty, comprising: a) Within 5 business days of app

  21. Slide 21: Fraser Range Strategic Position

    FRASER RANGE STRATEGIC POSITION • Strategically located to all known nickel occurrences in the Fraser Range For personal use only • Completed conditional sale of nine Fraser Range tenements in October 2020 • Symons Hill licence (E28/1932) has exciting prospectivity for Nova-Bollinger style nickel-co

  22. Slide 22: Recent Fraser Range Articles

    For personal use only RECENT FRASER RANGE ARTICLES 21 March 2021

  23. Slide 23: Symons Hill Nickel–Copper Project

    SYMONS HILL NICKEL – COPPER PROJECT • 100% owned by BOA and covers an area of 75km2 For personal use only • IGO access agreement provides 5 years of free carried exploration for BOA • Located within 5km and along strike of the Nova- Bollinger nickel-copper mine • IGO completing exploration for high

  24. Slide 24: Nova Nickel Mine

    NOVA NICKEL MINE (ASX:IGO) • The Nova deposit was discovered in July 2012 For personal use only • One of Australia’s great recent mining discoveries • Development commencing in January 2015 and commercial production since July 2017 • In FY20, Nova achieved production: • 30,436 tonnes of nickel (US$1

  25. Slide 25: Transline Tenements – Adjacent to Mawson

    TRANSLINE TENEMENTS – ADJACENT TO MAWSON • Transline project is composed of 4 strategically located For personal use only tenements, all 100% owned by Boadicea • Transline North (EL28/3849): 84km2 • Transline South (EL28/2866): 39km2 • Transline West 1 (EL28/2895): 21km2 • Transline West 2 (EL28/288

  26. Slide 26: Mawson Discovery (Legend Mining)

    MAWSON DISCOVERY (LEGEND MINING ASX:LEG) • A JV between Legend (70%) and IGO For personal use only • In December 2019 Legend achieved a “watershed milestone” discovering impressive massive sulphides in drill hole RKDD007, since reinforced by subsequent drilling, and named the Mawson discovery. • RKD

  27. Slide 27: White Knight Tenements

    WHITE KNIGHT TENEMENTS • White Knight tenement (E28/2721) 100% owned For personal use only by BOA • Licence granted in January 2020 with a total area of 30km2 • Silver Knight discovery publicised July 2018 by Great Southern Nickel, a Creasy Group company • Reportedly 4.2Mt @ 0.8% Ni, 0.6% Cu • BOA l

  28. Slide 28: Giles, Giles South and South Plumridge

    GILES, GILES SOUTH AND SOUTH PLUMRIDGE • Giles South (E28/2952 and E28/2148) For personal use only • Ballot win, awaiting licence award • Total area of ~168km2 • Located at the north extents of the Fraser gravity ridge • Desktop review of previous exploration work to be completed in Q4 2020 • South

  29. Slide 29: BOA Managed Tenements - Fraser Range

    BOA MANAGED TENEMENTS - FRASER RANGE • Fraser Range South (E63/1859) For personal use only • Awarded in September 2018 • Total area of 162km2 • Located at the southern extents of the Fraser gravity ridge • Geochemistry and field mapping completed in September 2020 • Southern Hills (E63/1951) • Award

  30. Slide 30: BOA Future Growth Phase in Koongulla

    BOA FUTURE GROWTH PHASE IN KOONGULLA • BOA acquired 95% of Koongulla Project For personal use only (E45/5392) in the Paterson Province of Western Australia in June 2020 • The project is located on the eastern side of the Paterson Province Interpreted Targets • Potential to be a strong gold-copper K1

  31. Slide 31: Paterson Province – The Next Big Thing

    PATERSON PROVINCE – THE NEXT BIG THING • Highly prospective for world class gold copper deposits For personal use only • Tenement position dominated by Newcrest, Rio Tinto, Fortescue and Antipa. • Significant deposits include; • Telfer (100% Newcrest) • World class copper gold deposit Discovered in

  32. Slide 32: Telfer Dome

    For personal use only TELFER DOME 31 March 2021

  33. Slide 33: South West Ravenswood - Charters Towers

    SOUTH WEST RAVENSWOOD - CHARTERS TOWERS • BOA has applied for a new exploration licence in the Charters Towers Province of north Queensland. For personal use only • Application EMP27752 is called ‘South West Ravenswood’ and has a total area of 117km2. • Identified as prospective for Ravenswood style

  34. Slide 34: For More Information Please Contact

    For personal use only FOR MORE INFORMATION PLEASE CONTACT MR JON REYNOLDS MANAGING DIRECTOR +61 (0)409 858 053 jreynolds@boadicea.net.au http://www.boadicea.net.au

Boadicea Resources — Investor Presentation (April 2021) on 6ix