Boa Resources Limited · ASX:BOA
Boa Resources — Boadicea Resources — Investor Presentation (April 2021)
33 slides from Boa Resources's investor presentation, April 2021
Slide 1: Corporate Presentation
Boadicea Resources Ltd Corporate Presentation APRIL 2021 ASX: BOA
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: Set, Ready, Grow
SET, READY, GROW SET ✓ 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 25m of BOA licence ✓ Po
Slide 4: The Boadicea Growth Path
THE BOADICEA GROWTH PATH ✓ Fraser Range ✓ 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 2021 ✓ Drummond Basin
Slide 5: Company Overview
COMPANY OVERVIEW Share Ownership Capital Structure Current 10% 4% 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 & Management Jonathan Reyno
Slide 6: Experienced Board and Management Team
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 Independent Domenic is a Charte
Slide 7: Fraser Range - "Nearology"
FRASER RANGE - “NEAROLOGY” 7 March 2021
Slide 8: 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 • IGO have access to over 15,000km2 of the Fraser Range tenure • Have identified over 600 mafic and ultramafic intrusions and 466 possible targets. • HIGHEST ON T
Slide 9: 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 • Has been tested by multiple holes within IGO Tenement to within 25m of BOA licence boundary • “Blebby, multiphase magmatic sulphides (pyrrhotite- pentlandite-c
Slide 10: Paterson Province – Koongulla Project
PATERSON PROVINCE – KOONGULLA PROJECT • BOA has one tenement and two applications in the Paterson Province of Western Australia • Koongulla (EL45/5392): 95% owned • Koongulla North (EL45/5818): 100% owned, application • Koongulla East (EL45/5866): 100% owned, application • Total area of 612km2 • Clo
Slide 11: Koongulla Dome
KOONGULLA DOME • Geophysics has identified an interpreted dome structure • 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 approximately 200 - 250m
Slide 12: Drummond Basin (QLD) - Clarke Reward
DRUMMOND BASIN (QLD) - CLARKE REWARD • Boadicea Queensland exploration footprint expanded with a new Exploration Permit application (EPM 27834). • The application for 96km2 covers a highly anomalous magnetic feature in a structural position at the margin of the Drummond Basin and the Anakie Metamorp
Slide 13: Core Exploration Program – BOA Tenements
CORE EXPLORATION PROGRAM – BOA TENEMENTS Western Australia 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 Managed and Funded by I
Slide 14: Summary
SUMMARY Set, Ready, Grow 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 Knight (Creasy Group)
Slide 15: For More Information Please Contact Mr Jon Reynolds
FOR MORE INFORMATION PLEASE CONTACT MR JON REYNOLDS MANAGING DIRECTOR +61 (0)409 858 053 jreynolds@boadicea.net.au http://www.boadicea.net.au
Slide 16: Additional Information
ADDITIONAL INFORMATION Slide 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 26 Giles, Giles South
Slide 17: BOA Exploration Areas
BOA EXPLORATION AREAS FRASER RANGE • 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 => Silver Knight Nickel d
Slide 18: 2020 Achievements
2020 ACHIEVEMENTS • Completed of IGO Transaction • 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 shareholders via an 8c per shar
Slide 19: 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”). • Potential sale price of $57 million plus a royalty, comprising: a) Within 5 business days of approval of the Resolutio
Slide 20: Fraser Range Strategic Position
FRASER RANGE STRATEGIC POSITION • Strategically located to all known nickel occurrences in the Fraser Range • Completed conditional sale of nine Fraser Range tenements in October 2020 • Symons Hill licence (E28/1932) has exciting prospectivity for Nova-Bollinger style nickel-copper mineralisation •
Slide 21: Recent Fraser Range Articles
RECENT FRASER RANGE ARTICLES 21 March 2021
Slide 22: Symons Hill Nickel – Copper Project
SYMONS HILL NICKEL – COPPER PROJECT • 100% owned by BOA and covers an area of 75km2 • 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 priority targets (Zeus
Slide 23: Nova Nickel Mine (ASX:IGO)
NOVA NICKEL MINE (ASX:IGO) • The Nova deposit was discovered in July 2012 • 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$15,200 p/t)* • 13,772 t
Slide 24: Transline Tenements – Adjacent to Mawson
TRANSLINE TENEMENTS – ADJACENT TO MAWSON • Transline project is composed of 4 strategically located 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 (EL28/2888): 38km2 • All teneme
Slide 25: Mawson Discovery (Legend Mining ASX:LEG)
MAWSON DISCOVERY (LEGEND MINING ASX:LEG) • A JV between Legend (70%) and IGO • 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. • RKDD007 achieved a signif
Slide 26: White Knight Tenements
WHITE KNIGHT TENEMENTS • White Knight tenement (E28/2721) 100% owned 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 located adjacent to the
Slide 27: Giles, Giles South and South Plumridge
GILES, GILES SOUTH AND SOUTH PLUMRIDGE • Giles South (E28/2952 and E28/2148) • 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 Plumridge (E28/2937) •
Slide 28: BOA Managed Tenements - Fraser Range
BOA MANAGED TENEMENTS - FRASER RANGE • Fraser Range South (E63/1859) • 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) • Awarded in February 2020 •
Slide 29: 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 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 - Interpreted Intrusi
Slide 30: Paterson Province – The Next Big Thing
PATERSON PROVINCE – THE NEXT BIG THING • Highly prospective for world class gold copper deposits • Tenement position dominated by Newcrest, Rio Tinto, Fortescue and Antipa. • Significant deposits include; • Telfer (100% Newcrest) • World class copper gold deposit Discovered in 1970 • 2019 production
Slide 31: Telfer Dome
TELFER DOME — Fault OX Fold axes — EReefs ~~ Middle Vale Reef (MVR) Malu Formation =~ Concordant reefs [| Stockwork and discordant mineralisation (>0.3 g/t Au) Puntapunta Formation “Camp Sandstone wt? Outer Siltstone poe Upper Malu “~~ Member \O\_ Reefs = FF ae ASS Middle Malu Member Be = Lower Lime
Slide 32: 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. • Application EMP27752 is called ‘South West Ravenswood’ and has a total area of 117km2. • Identified as prospective for Ravenswood style gold mineralisation.
Slide 33: For More Information Please Contact Mr Jon Reynolds
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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