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2 March 2023

Boadicea Resources Ltd (ASX:BOA) is on track to expand its nickel exploration portfolio in the northern Fraser Range, Western Australia by completing six exploration tenement applications that are proximal to its current tenement positions (see Figure 1).

Figure 1 – new tenement applications

Proactive Investors reports five of the six applications will enter a ballot process with one other applicant, and one has no other competing application.

Subject to the ballot process these applications have the potential to add about 199 square kilometres to Boadicea’s Fraser Range nickel exploration portfolio.

Lithium expansion

Boadicea has been active in expanding its portfolio of quality lithium exploration tenements across Australia.

This includes the recent acquisition of the Cat Camp lithium–nickel project and an exclusivity agreement covering the Two Tanks lithium project.

Additionally, a successful ballot win covering the Ant Hill lithium project in the Lake Johnston region will be a significant project in what is becoming a highly prospective lithium region.

Boadicea’s full lithium portfolio developed over a period of 12 months now includes:

  • Cat Camp lithium – nickel project, Western Australia
    • Known LCT fertile pegmatites within the Lake Johnston lithium region.
    • Several laterite nickel intersections.
  • Bald Hill East lithium project, Western Australia.
    • Adjacent to the Bald Hill lithium mine and processing facility.
  • Ant Hill lithium-nickel project, Western Australia.
    • Lake Johnston lithium region.
  • Two Tanks lithium project, Western Australia.
    • Mt Ida lithium region.
  • Hanns Gully lithium-tin-tantalum project, Queensland.
    • New untested lithium potential in Croydon district.

Figure 2 – Boadicea’s lithium projects in southern Western Australia

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