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7 May 2026

BOA Resources advances Neds Creek copper drilling plans

BOA Resources Ltd (ASX:BOA) is preparing to drill six priority copper prospects at the Neds Creek Copper Project in Western Australia after finalising a Heritage Protection Agreement with the Gingirana #4 Native Title Claim Group.

Proactive Investors reported The agreement clears the way for the final grant of all Neds Creek tenements and allows BOA to progress heritage surveys, access work and final drill planning ahead of a targeted Q2 2026 start.

BOA tenements in the Murchison Copper Belt, WA.

“Finalising the Heritage Protection Agreement with the Gingirana People is an important step forward for BOA and the Neds Creek Project. We greatly appreciate the constructive engagement of the Traditional Owners as we now undertake heritage surveys and ready for drilling mid year,” BOA managing director Cath Norman said.

“This is an exciting time for the company. Copper market conditions remain highly supportive, BOA is in a strong cash position and we are fully funded for the upcoming drilling program. With Ricci Lee as our priority target for resource definition drilling and several other highly encouraging copper prospects ready for follow-up, we believe Neds Creek is exceptionally well placed to generate strong news flow and exploration success through 2026.”

Ricci Lee first in line

Drilling will focus first on Ricci Lee, an advanced copper prospect about 2 kilometres southwest of the Thaduna Copper Deposit.

The planned work is aimed at resource definition drilling across a 500-metre mineralised structure that remains open along strike to the north and south.

Historic drilling at Ricci Lee includes five metres at 3.48% copper and 10 metres at 5.12% copper from hole THC035, with mineralisation logged in fresh rock containing chalcopyrite and bornite sulphides.

Long section through the Ricci Lee prospect showing copper intercepts.

Rooneys ranked second priority

Rooneys has been ranked as the second drilling priority.

BOA plans to drill five additional sections to test a 200-metre strike length, along with nine aircore lines to extend the known structure and test other mapped mineralised orientations.

Previous drilling at Rooneys returned copper intercepts including 14 metres at 3.87% copper and 7 metres at 3.99% copper.

Broader copper target pipeline

The 2026 program will also test Mueller, Ward, Blockley and Limestone Bore, which sit within known copper-mineralised structural corridors associated with the Thaduna and Green Dragon systems.

Neds Creek covers about 1,160 square kilometres in WA’s Murchison region and surrounds the Thaduna and Green Dragon copper deposits. The project is also near Sandfire Resources’ DeGrussa and Monty mines.

Thaduna and Green Dragon copper mineralisation corridors and planned 2026 drill prospects.

Next steps

BOA said it is fully funded for the planned campaign, with about $3.2 million in cash and no debt at March 31, 2026.

Next steps include completing heritage surveys across the 6 prospect areas, finalising regulatory and access preparations, preparing drill mobilisation and starting drilling in Q2 2026, initially at Ricci Lee before staged follow-up work at Rooneys and other priority targets.

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