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Welcome to BOA Resources: Exploring minerals essential for the energy transition
ASX: BOA $AUD
Copper success fuels BOA growth story
BOA Resources has confirmed significant high-grade copper mineralisation at its Ricci Lee deposit, with standout drilling results including 14m at 2.49% copper, featuring 7m at an impressive 4.6% copper, strengthening the prospect’s potential to become a major new copper resource in WA’s highly prospective Murchison region.
With Ricci Lee showing similarities to the nearby Thaduna deposit, a large-scale drilling program underway, rising copper prices, and shares hitting a four-year high, BOA is rapidly emerging as one of the Murchison’s most exciting copper growth stories.
2 tranche placement of $9.2M funds BOA to continue exploration activities at Neds Creek Tranche 1 – $7M, Tranche 2 $2.245M (subject to shareholder approval)
| Capital Structure | Shares | Options |
|---|---|---|
| Post Transaction | 446,046,833 | 81,919,407 |
| Placement (at 0.105) | 88,047,620 | |
| Post Placement | 534,094,453 | 81,919,407 |
