Proactive Investors reports Boadicea Resources Ltd (ASX:BOA) is undertaking a fully underwritten renounceable rights issue to raise up to $2.98 million to accelerate exploration and advance business development activities.

Boadicea’s capital raising of $2.98 million will be used to fund exploration activities in two of Australia’s hot destinations - the Paterson Province of Western Australia and Drummond Basin of Queensland. Stockhead reports on Boadicea’s capital raising endeavours.

Boadicea Resources Managing Director Jon Reynolds outlines the company’s program of works in an interview with Stockhead’s Garimpeiro columnist Barry Fitzgerald. Listen to the interview and gain insights into a company that has a great upside story in the making.

Boadicea has been reported by highly-respected mining industry journalist Barry Fitzgerald as one of five explorers who have the potential of a decent nickel discovery which could ramp up the share price regardless of the daily, monthly or quarterly nickel price moves.

Boadicea Resources has appointed experienced geologist Graeme Purcell to the board as a non-executive director. Graeme Purcell is a highly regarded geologist who has been a part of a number of important mineral discoveries within Australia and overseas.

Stockhead news has begun coverage of Boadicea Resources. Boadicea’s most prominent news flow is expected from Symons Hill drilling by IGO and exploration work by Boadicea Resources at the Koongulla Project in the Paterson Province.

This week’s Stockhead news reports on Antipa’s Minyari Dome Project which is being compared to the Newcrest-Greatland Gold JV Havieron gold-copper project. Could Boadicea’s Koongulla be another Telfer-like dome discovery?

Boadicea Resources Ltd (ASX:BOA) has welcomed IGO Ltd's (ASX:IGO) planned diamond drilling program at the Orion extension within Boadicea's Symons Hill licence in Western Australia, scheduled for May-June. IGO will be testing for extensions from known nickel mineralisation.

The Mining industry’s voice of knowledge and one of the industry’s leading resource writers, Barry Fitzgerald writes about the upside to the Boadicea Resources story in Resources Rising Stars and names it as “one to watch in coming months”. Barry FitzGerald has covered the resources industry for 30 years. He is the inaugural winner of the Diggers & Dealers Media Award in 2003.

Boadicea Resources Ltd (ASX:BOA) executive director Steven Moon has demonstrated his confidence in the company's exploration strategy encompassing nickel and copper-gold in premier Australian mining regions with the purchase of shares in an on-market transaction.