Boadicea will advance the new Mt Carmel Project alongside its existing Clarke Reward Project with the aim of adding a significant gold resource to its portfolio.

Boadicea Resources looks forward to advancing the Mt Carmel project alongside the Clarke Reward project with the aim of adding a significant gold resource to its portfolio.

Australian Resources and Investment news reports Boadicea’s Clarke Reward has the potential to have similar mineralisation to GBM Resources’ Mount Coolon project, which produced 590,000 tonnes at 12.2 grams per tonne of gold for 232,000 ounces of gold in the 1990s.

Boadicea Resources Managing Director Jon Reynolds speaks to Proactive following an update from IGO Ltd on a diamond hole it has drilled on Boadicea’s Symons Hill licence within WA's Fraser Range region.

Boadicea Resources could be in for a $50 million payday and a 0.75% net smelter royalty if IGO establishes a JORC resource within a five-year period.

ASX-lister Boadicea Resources presents at the Proactive Resources Webinar showcasing its work to develop its base and precious metals portfolio in three of Australia’s hottest exploration locations: the Fraser Range, Paterson Province and Drummond Basin regions in Western Australia and North Queensland.

Boadicea Managing Director Jon Reynolds presents at the Proactive Resources webinar the developing Boadicea story

Boadicea Resources has identified five target zones from a high-level geophysical review of its Clarke Reward Project in the prolific Drummond Basin, North Queensland.

Proactive Investors reports Boadicea Resources Ltd is all set and ready for growth as it increases its exploration activity in the Australian mining hotspots of Fraser Range and Paterson Province in Western Australia and the Drummond Basin in Queensland. It is also looking at a potential $50 million Fraser Range payday.

IGO continues its march across the Fraser Range cutting new deals with Matsa and the Creasy Group, joining more of the land parcels around the tenements it acquired through a deal with Boadicea in September 2020.