Boa Resources Limited · ASX:BOA
Boa Resources — Investor Presentation (October 2026)
21 slides from Boa Resources's investor presentation, Oct 23, 2026
Slide 1: Advancing the Neds Creek Copper Project, Murchison WA
Advancing the Neds Creek Copper Project, Murchison WA October 2026 Copper resources with compelling exploration upside rsonal use only
Slide 2: BOA consolidates its position in the Murchison Copper Belt
Cu BOA consolidates its position in the Murchison Copper Belt – The Neds Creek Copper Project in the Murchison region Post transaction tenement holdings in the Murchison Copper Belt, WA of WA is now BOA’s 100% owned flagship project rsonal use only – With completion of the transaction: – BOA now own
Slide 3: Corporate summary
Corporate summary 2 tranche placement1 of $9.2M funds BOA to continue exploration activities at Neds Creek Tranche 1 – $7M, Tranche 2 $2.245M (subject to shareholder approval) rsonal use only Drilling planned to target the Ricci Lee, Thaduna and Rooneys prospects 12.7% Capital structure Shares Optio
Slide 4: Board and management
Board and management Board and team with extensive experience in capital markets, resource exploration and discovery and growing shareholder value. rsonal use only Cath Norman Graeme Purcell Mark Tomlinson Adrian Griffin Chair Managing Director Director Director David Reid – Exploration Manager Nik
Slide 5: Use of funds
Use of funds Item Cost rsonal use only Projects expenditure $6,945,000 Corporate administration $925,000 Estimated cost of transaction1 $575,000 Working capital / success-based drilling $800,000 Total $9,245,000 75% of budget to spend in ground 1. Estimated costs of the transaction including legal c
Slide 6: Planned BOA projects expenditure
Planned BOA projects expenditure Item Cost rsonal use only Drilling $6,045,000 Heritage $200,000 Exploration studies $100,000 Tenement costs $200,000 Geological support $400,000 Total $6,945,000 Drilling will focus on the Ricci Lee, Thaduna and Rooneys prospects • Build the resource inventory • Dril
Slide 7: Neds Creek Copper Project, Murchison WA
Cu Neds Creek Copper Project, Murchison WA Post transaction tenement holdings in the Murchison Copper Belt, WA – 100% ownership of a controlling position in the rsonal use only Yerrida Basin – Significant platform for resource growth and potential future development – Historic exploration in the reg
Slide 8: Thaduna copper deposit
Cu Thaduna copper deposit – Resource of 4.1 Mt at 2.5% for 103 kt CuF1 – Historical small-scale open pit from 1960s-70s rsonal use only – Main mineralised zone 500m in system of 1.7km strike – NNW trending, steeply dipping – Hosted in a carbon-filled brittle fault, with later quartz–carbonate veinin
Slide 9: Thaduna copper deposit
Cu Thaduna copper deposit F1 – Moderate northerly plunge control – Copper sulphide mineralogy displays rsonal use only vertical zonation (chalcopyrite to bornite) with increasing grade at depth – Potential for resource growth by drill testing: – Upper portion and margins of resource envelope – Lower
Slide 10: Neds Creek Project – resources and exploration focus
Cu Neds Creek Project – resources and exploration focus – Simple exploration model, using Thaduna and Green Dragon rsonal use only as analogues – Focus on structurally controlled sediment hosted epigenetic copper mineralisation – Hosted in Thaduna Formation sediments – 6 high-priority targets identi
Slide 11: Exploration – RC drilling completed at Ricci Lee
Cu Exploration – RC drilling completed at Ricci Lee – 46 RC holes for 7,364m completed August-September 2026 rsonal use only – Program aimed at testing strike, dip and grade continuity of copper mineralisation – Sparse historic drilling over 500m of strike and 180m vertical extentF4 – BOA drilling t
Slide 12: Ricci Lee Prospect
Cu Ricci Lee Prospect – Analogue to the Thaduna copper deposit, sub-parallel and 2km to the southwest, hosted in the same stratigraphy and structural setting – Main Lode high-grade mineralisation demonstrated over more than 400m of strike and more than 200m vertical depthF8 rsonal use only – A paral
Slide 13: High-grade copper continuity – section 7173680N
Cu High-grade copper continuity – section 7173680N – Section 7173680N from southern portion of Ricci Lee rsonal use only – Results show a coherent Main Lode structure – ResultsF5,6,7,8 include: – 10m at 3.60% Cu, including 6m at 5.57% Cu (26NCRC032) – 15m at 2.25% Cu from 130m (26NCRC003) – 12m at 1
Slide 14: High-grade copper continuity – section 7174000N
High-grade copper continuity – section 7174000N – Section 7174000N from northern portion of Ricci Lee rsonal use only – Results show a coherent Main Lode structure and new parallel Hanging-Wall Lode structure – ResultsF5,6,7,8 include: – 22m at 3.05% Cu from 250m, including 9m at 6.86% Cu (26NCRC023
Slide 15: Other prospects – AC drilling
Cu Other prospects – AC drilling – AC drilling completed at Rooneys, Blockley, Mueller, Limestone Bore and Ward rsonal use only – 92 holes for 5,722m – Targets identified from historic drillingF4 within Thaduna and Green Dragon structural corridors – Focus on identifying mineralisation controls – st
Slide 16: Rooneys prospect – AC drilling
Cu Rooneys prospect – AC drilling – Maiden aircore drilling extends the interpreted mineralised trend at Rooneys to more than 500mF9, rsonal use only substantially expanding the target for follow-up RC drilling – Strong shallow intersections include: – 4m at 3.54% Cu from 10m and 16m at 2.47% Cu fro
Slide 17: BOA: 2026 the start of building copper resources
BOA: 2026 the start of building copper resources – Six high-priority targets now drilled tested – Ricci Lee prospect - first drilling focus for rapid resource growth rsonal use only – Focus on advancing prospects and growing copper resources Target delineation Drill testing Advanced exploration JORC
Slide 18: Drilling to drive resource definition and news flow
Drilling to drive resource definition and news flow Completed 46-hole Drilling assay Complete Recommence drilling Commence 2027 rsonal use only RC drill program at Ricci Lee results released transaction at Ricci Lee/Rooneys drill program and 92-hole exploration Resource evaluation AC drill program o
Slide 19: BOA Resources
BOA Resources – Copper resources with extensive exploration upside and prospect pipeline rsonal use only – Strong exploration team with prior discoveries and proven capital market execution – Commitment to disciplined capital allocation and strong governance – Growing BOA copper resources to economi
Slide 20: Disclaimer
Disclaimer Forward Looking Statements Consulting Pty Ltd and a Member of the Australian Institute of Geoscientists. Mr Bampton is not an employee of BOA Resources Limited. Mr Bampton has sufficient experience relevant to the style of This presentation is not an offer for financial products in any ju
Slide 21: Contact us
Contact us Graeme Purcell Nathan Ryan Managing Director Investor Relations info@boaresources.com gpurcell@boaresources.com nathan.ryan@nwrcommunications.com.au boaresources.com rsonal use only © BOA Resources Limited ACN 149 582 687