The latest drilling results of IGO’s 809m diamond drill hole through the Orion prospect into Boadicea’s Symons Hill exploration licence is proving the existence of a mineralised intrusive structure and provides an exciting base for further exploration.

Boadicea Resources Ltd's (ASX:BOA) exploration partner IGO Ltd has provided an update on its exploration activities over Boadicea's Fraser Range nickel assets. So far, the major mining company has completed an 809-metre diamond which boosts confidence in the Symons Hill’s nickel prospectivity.

Boadicea Resources Managing Director Jon Reynolds speaks to Proactive's Andrew Scott soon after announcing signing a Land Access and Mineral Exploration Agreement with the Western Lands Aboriginal Corporation for Boadicea's three Koongulla tenements in the Paterson Province.

Boadicea is set and ready to grow with money in the bank from its recently completed capital raise to advance exploration at the Koongulla Project in the Paterson Province.

Boadicea Resources Ltd (ASX:BOA) and the Western Lands Aboriginal Corporation (Jamukurnu-Yapalikuna) have signed a Land Access and Mineral Exploration Agreement for BOA's three Koongulla tenements in the Paterson Province of Western Australia.

Exploration is beginning in earnest at Boadicea’s Koongulla tenements in the Paterson Province to advance the significant potential the company has in its sights to unearth the next major gold discovery.

Boadicea Resources Ltd (ASX:BOA) directors have shown their confidence in the company's exploration strategy by participating in the Boadicea's recent oversubscribed rights issue that raised $2.98 million.

Boadicea’s capital raise banks $3.7 million. Managing Director Jon Reynolds is interviewed by Stockhead on the success of the significantly oversubscribed capital raise.

Boadicea fully underwritten pro rata renounceable rights issue has closed significantly oversubscribed, raising $2.98 million before costs. Shareholders have subscribed for 6,649,364 entitlements (53.5% of total entitlements), with a shortfall 5,779,785 entitlements (46.5%) placed by the lead manager, Peak Asset Management.

Proactive Investors reports that Exploring the potential of the Symons Hill tenement is IGO’s highest priority Fraser Range exploration project due to its strategic location to the Nova Operation.