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Boa Resources Ltd (ASX:BOA)

ALERT: Price-sensitive ASX Announcement for BOA
Current share price for BOA : $0.073 0.017 (30.36%)+
Announcement
Release
22 Jul 2026 10:03AM
Price at Release
$0.056
Full Release
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Summary
BOA Resources Ltd is preparing to commence its maiden drilling program at the Neds Creek Copper Project in Western Australia, with operations expected to start in early August 2026. The project, spanning approximately 1,378km², includes the acquisition of the Thaduna and Green Dragon copper deposits, which contain a combined JORC Mineral Resource of 5.3 million tonnes at 2.3% copper. The primary focus for the drilling is the Ricci Lee prospect, a drill-ready copper site, where BOA aims to define a maiden copper resource. BOA's strategy involves a 7,500-meter reverse circulation drilling program across 53 holes, targeting this and other promising sites in the region. The company has completed necessary heritage surveys and received all required permits for the drilling program, positioning itself to expand its copper inventory significantly.
Key Points
  • BOA Resources to begin drilling at Neds Creek Copper Project, WA.
  • Heritage surveys and drill permits are complete and approved.
  • A 7,500m reverse circulation drilling program is planned.
  • Ricci Lee prospect is the initial priority target.
  • The acquisition of Thaduna and Green Dragon deposits enhances BOA's copper strategy.
  • BOA aims to define a maiden copper resource at Ricci Lee.
  • The project includes a significant JORC Mineral Resource.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.