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Boa Resources Ltd (ASX:BOA)

ALERT: Price-sensitive ASX Announcement for BOA
Current share price for BOA : $0.078 0.024 (44.44%)+
Announcement
Release
24 Jul 2026 1:56PM
Price at Release
$0.054
Full Release
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Summary
During the June 2026 quarter, BOA Resources Ltd made significant strides in advancing its Neds Creek Copper Project in Western Australia. The company finalized a Heritage Protection Agreement with the Gingirana People, facilitating progress in granting Neds Creek tenements. BOA announced a transaction to fully acquire Core Value Australia NL, thereby consolidating ownership and adding the Thaduna and Green Dragon copper deposits to its portfolio. A comprehensive drilling program is planned, targeting priority sites Ricci Lee and Rooneys. Financially, BOA maintained a cash reserve of $2.43 million as of the end of June, and significant board changes were announced to reflect the next phase of exploration and resource growth. The acquisition of the Thaduna and Green Dragon deposits is expected to complete by October 2026, marking a pivotal step in BOA's strategy to expand its copper-focused portfolio in the Murchison region.
Key Points
  • Heritage Protection Agreement finalised with Gingirana People for Neds Creek Copper Project.
  • Transaction to acquire 100% of Core Value Australia NL announced, consolidating Neds Creek ownership.
  • Neds Creek Copper Project advanced towards maiden drilling with heritage surveys and regulatory approvals.
  • Planned drilling program includes 7,500m of RC and 7,500m of aircore drilling.
  • Priority drill targets include Ricci Lee and Rooneys.
  • Completion of Thaduna and Green Dragon copper deposits acquisition anticipated by October 2026.
  • BOA's cash position at $2.43 million as of 30 June 2026.
  • Changes in company leadership and board roles announced.
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.