Boa Resources Limited · ASX:BOA
Boa Resources — Shareholder Meeting (November 2019)
19 slides from Boa Resources's shareholder meeting presentation, Nov 8, 2019
Slide 1: 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 November, 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. Moving Loop Electromagnetics (MLEM) survey completed at the untested targets SH-09, SH-10 and S
Slide 4: Tight Capital Structure & Experienced Team
Tight Capital Structure & Experienced Team Capital Structure Diluted Share Ownership Shares on Issue 55.6m Diluted Market Cap. (@ A$0.22) A$12.2m Top 20 Shareholders 70% 37% 60% Cash (30/09/2019) A$0.76m Debt Nil Diluted Enterprise Value (@ A$0.22) A$11.44m 3% Board & Management Six Month Share Pric
Slide 5: Fraser Range Players
Fraser Range Players Fraser Range The Company is committed to the Fraser Nickel – Copper Province Competitor Tenement Map Range and has been acquiring tenure to October 2019 significantly increase its exposure to the highly prospective region. To date there are 2 significant nickel discoveries in th
Slide 6: Symons Hill Ni-Cu Project, Fraser Range
Symons Hill Ni-Cu Project, Fraser Range White Knight ELA28/2721 The Company`s Exploration Licence 10km adjoins the Mining Licence hosting the Silver Knight MLA world class Nova-Bollinger Nickel-Copper (Creasy Group) mine, now owned by Independence Group (IGO) after it completed the $1.8B takeover of
Slide 7: Symons Hill – Activities
Symons Hill – Activities Symons Hill Project Priority Targets Over SH-11 During 2018 three diamond holes were Bouguer Gravity Image drilled testing significant moving loop SH-10 SH-09 electromagnetic (“MLEM”) anomalies (“conductors”) defined at Bell Ringer target. Bell Ringer ELA28/2917 Sulphide min
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 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 refined from B
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 and limite
Slide 12: New Project – Fraser South
New Project – Fraser South The Company has increased its landholding in the highly prospective Fraser Range region by Nova Symons Hill over 300% to 231km2, with the Fraser South Project tenement E63/1859 (158km2) now granted. The Project is positioned at the southern margin of the Fraser Gravity Rid
Slide 13: Second Strategic Project – White Knight
Second Strategic Project – White Knight Licence applied for October 2017. Silver Knight discovery publicised July 2018. White Knight E28/2721 Boadicea successful in 2 ballots of licences surrounding Silver Knight. Main licence ELA28/2721 of 30km2 adjoins Silver Knight MLA (Creasy Group) Silver Knigh
Slide 14: Ballot Success – Transline
Ballot Success – Transline Area D Prospect (Legend) Four ELA’s applied for November 2018. Transline Ballot Wins • 28/2849 (83km2), 7 applicants E28/2849 and E28/2866 • 28/2856 (20km2), 5 applicants • 28/2861 (15km2), 6 applicants • 28/2866 (38km2), 6 applicants Ex-Legend Mining. Located ~100-150km n
Slide 15: Ballot Success – Southern Hills
Ballot Success – Southern Hills Boadicea applied for 5 ELA’s in January in Nova Symons Hill southern portion of Fraser Range. Project Resulted in a ballot win in August of ELA 63/1951 for 24km2. Ex-IGO/Creasy Southern Hills JV. Located ~50km southwest of Symons Hill and 20km from the Fraser South Pr
Slide 16: Applications – Southern Fraser Range
Applications – Southern Fraser Range ELA28/2917 123km2 2 additional ELA’s applied for in the southern Nova Symons Hill Fraser Range during April-May 2019. Project ELA63/1965 39km2 Ex-IGO/Creasy Southern Hills JV. ELA28/2917 for ~123km2 - 4 applicants • Adjacent to Nova Mining Lease and the Company’s
Slide 17: Applications – Northern Fraser Range
Applications – Northern Fraser Range Fraser North ~313km2 A total of 9 additional ELA’s applied for in the northern Fraser Range during 2018-2019 Native Willow • 5 Fraser North Applications for ~313km2 ~171km2 • 2 Native Willow Applications for ~171km2 • 2 Transline West Applications for ~60km2 Ex-L
Slide 18: 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 19: Thank You
Thank You For More Information, Please Contact; Mr Clarke Dudley Managing Director P: +61 3 9569 3467 E: cdudley@access.net.au Boadicea Resources Ltd ASX:BOA 19 November, 2019