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Boadicea Resources has started the 2021 year strongly with news from its Fraser Range partner IGO Ltd of planned exploration activities which extend beyond the Symons Hill tenement to also include Transline 1 and 2 tenements.
In an interview with Proactive Investors, Boadicea Managing Director Jon Reynolds outlines the latest Boadicea announcement of IGO’s Program of Works.
Listen to the Proactive Investors interview here.
The following are the key highlights of Managing Director Jon Reynold’s interview kicking off the 2021 year at Boadicea Resources.
Since October, IGO has taken management control for all exploration activities on nine of the Boadicea Fraser Range licences.
- The Planning for exploration is nearing completion.
- The focus is on Symons Hill and extensions of the Orion, Elara and Hercules prospects.
- IGO has reviewed all the Boadicea data, including heritage surveys completed by Boadicea.
- A program of work has been submitted including aircore drilling.
- IGO has planned MLEM for 499 stations.
Jon Reynolds notes that all Boadicea licences are exceptionally well positioned within the Fraser Range.
Furthermore IGO has identified Transline West as the next cab off the rank with potential for MLEM work this year.
In further news about the Boadicea Resources company endeavours this year Jon Reynolds discusses:
- The Koongulla gold / copper airborne geophysics were completed at the end of 2020
- Results will be released later this month.
- The application for South West Ravenswood Gold continues through its standard process.
- Business development continues. Boadicea board of management is investigating many projects focussed on gold (copper) within Australia to grow its portfolio of good quality ground to continue to grow shareholder wealth.
- Of particular note in the growth of Boadicea Resources portfolio of projects, the company’s exposure to nickel, gold and copper are well aligned to the current trading highs of these commodities which have been hitting five-year highs.
Jon Reynolds concludes it should be an exciting 12 months ahead for the company and its shareholders with IGO and the potential for new opportunities.