Boa Resources Limited · ASX:BOA

Boa Resources — Boadicea Resources — Investor Presentation (September 2020)

25 slides from Boa Resources's investor presentation, Sep 11, 2020

  1. Slide 1: ASX Announcement: Corporate Presentation

    BOADICEA RESOURCES LTD ASX ANNOUNCEMENT: 11 SEPTEMBER 2020 For personal use only CORPORATE PRESENTATION The Board of Boadicea Resources Limited (“BOA” or the “Company”) is pleased to announce the release of the Corporate Presentation. The Company Secretary has been authorised by the Board to release

  2. Slide 2: Set, Ready, Grow

    Boadicea Resources Ltd For personal use only SET, READY, GROW SEPTEMBER 2020 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 For personal use only not contain all information necessary for investment decisions.

  4. Slide 4: Set, Ready, Grow

    SET, READY, GROW SET For personal use only  BOA is an explorer in WA’s Fraser Range & Paterson Province  We have been quietly accumulating some PRIME tenements READY  Sept-20: IGO-BOA relationship via $7m cash giving IGO a right-to buy for some of our Fraser Range tenements  IGO to explore at it

  5. Slide 5: Tight Capital Structure & Experienced Team

    TIGHT CAPITAL STRUCTURE & EXPERIENCED TEAM Capital Structure Current Post Deal1 Share Ownership (Current) Share Ownership (Post Deal) For personal use only 1% 5% 10% 5% Shares on Issue 55.6m 61.8m 1% Market Cap. (@ A$0.24) (27/08/2020) A$13.3m A$14.8m Top 20 Shareholders 71% 80% 95% 84% Cash (30/06/

  6. Slide 6: 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 Executive Director Consultant Geologist Company Sec. Geologist with 35 years Steven has more than Domenic is a Chartered Geologist with 2

  7. Slide 7: Ready to Find Nickel

    READY TO FIND NICKEL IGO Newsearch1 has agreed to pay $5.5M2 for For personal use only exclusive rights to explore for Nova-style nickel in BOA owned tenements “…..The Symons Hill tenement in particular, which adjoins the Nova mining lease, is an area that has received relatively little exploration

  8. Slide 8: The Fraser Range Transaction

    THE FRASER RANGE TRANSACTION  Funds Boadicea’s other For personal use only activities  Retains ownership of Fraser Range Tenements  Maintains exposure to exploration success  Free carried through all exploration activities in Fraser Range  Allows BOA to reward existing shareholders with dividen

  9. Slide 9: Nova / Mawson / Silver Knight - Nearology

    For personal use only NOVA / MAWSON / SILVER KNIGHT - “NEAROLOGY” 8 Boadicea Resources Ltd September 2020

  10. Slide 10: BOA Asset Highlights

    BOA ASSET HIGHLIGHTS 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 => S

  11. Slide 11: Summary

    SUMMARY Set, Ready, Grow For personal use only 1. September 2020 agreement with IGO Newsearch for 9 of the BOA Fraser Range tenements • BOA 100% Free carried for all exploration activities • Value add creation for BOA • Significant upside potential upon a JORC resource being declared – $50M • Teneme

  12. Slide 12: Additional Information

    ADDITIONAL INFORMATION Slide For personal use only IGO transaction details 12 Fraser Range strategic position 13-14 Symons Hill (adjacent Nova) 15 Nova nickel mine 16 Transline tenements (adjacent Mawson) 17 Mawson nickel (Legend Mining) 18 White Knight 19 Giles, Giles South & South Plumridge 20 Fra

  13. Slide 13: Fraser Range Transaction Details

    FRASER RANGE 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 approva

  14. Slide 14: Fraser Range Strategic Position

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

  15. Slide 15: Recent Fraser Range Articles

    For personal use only RECENT FRASER RANGE ARTICLES 14 Boadicea Resources Ltd September 2020

  16. Slide 16: 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

  17. Slide 17: Nova Nickel Mine

    NOVA NICKEL MINE (ASX:IGO) • The Nova deposit was discovered in July 2012 • Near mine exploration upside remains significant For personal use only • One of Australia’s great recent mining discoveries • IGO made significant breakthroughs in the • Development commencing in January 2015 and interpretat

  18. Slide 18: Transline Tenements - Adjacent to Mawson

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

  19. Slide 19: 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

  20. Slide 20: White Knight Tenements

    WHITE KNIGHT TENEMENTS • White Knight tenement (E28/2721) 100% owned by BOA For personal use only • 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

  21. Slide 21: 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

  22. Slide 22: BOA Retained Tenements - Fraser Range

    BOA RETAINED 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 • Preliminary desktop analysis completed in 2019. • Geochemistry and field mapping commencing i

  23. Slide 23: BOA Future Growth Phase in Koongulla

    BOA FUTURE GROWTH PHASE IN KOONGULLA • BOA acquired 95% of Koongulla Project (E45/5392) in the Paterson Province of For personal use only Western Australia in June 2020 • Exploration Licence E45/5392 covers a total of 75 blocks (240km2) and was granted February 2020. • The project is located on the

  24. Slide 24: Paterson Province - The Next Big Thing

    PATERSON PROVINCE – THE NEXT BIG THING • Highly prospective for world class copper gold 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

  25. Slide 25: 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

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