Out on the hustings – BOA MD walks the talk spruiking company new strategy

BOA Resources is rolling out its 2024 exploration strategy with drilling having gotten under way at the company’s Two Tanks lithium project in Western Australia.

Managing Director and Chair Cath Norman is presenting the company’s endeavours at various investor, broker and conference forums around Australia. More than 60 people attended the Melbourne lunch event in the first of a series of presentations by Cath Norman since taking the reins as company head in November last year.

BOA Resources has embarked on the most extensive drilling campaign of its 12-year history.

Four tenements are being drilled in proven geological provinces housing world-class mineral deposits. These include Two Tanks in the Mt Ida region, Cat Camp in the Lake Johston area,  Bald Hill East located next to the Bald Hill mine and the Snowys Prospect on Fraser South in the Fraser Range.

BOA Resources has 12 tenements in the highly prospective Fraser Range where IGO operates the Nova Mine. BOA’s Symons Hill tenement abuts the Nova mine lease. IGO operates six tenements under agreement with BOA.

In the presentation to Melbourne brokers and investors, Cath Norman focused on the company’s endeavours to unlock shareholder value.

“We’re focused on making a discovery and we’re focusing on lithium and nickel exploration in Western Australia to realise our goals,” Cath Norman said.

“Lithium and nickel are critical minerals essential for the global energy transition.

“The company’s projects are located in highly prospective geology and together with IGO’s exploration on six tenements we have a two-pronged approach to achieving a mineral discovery.

Digging deeper into BOA company-maker projects being drilled

Two Tanks

Located in the emerging Mt Ida province pegmatite corridor.

A 20 hole drilling program in 2023 intersected multiple fertile pegmatites.

Three of these targets are the focus of the 2024 drilling campaign.

Higher lithium grades identified closer to the Copperfield Granite.

Bald Hill East

Located in the highly prospective Bald Hill-Lake Johnston greenstone belt.

Bald Hill East mapping indicates a strike extension from the Bald Hill lithium mine into the BOA tenement.

Tenement located central to increasing lithium discoveries and eager merger and acquisition territory.

Cat Camp

Located in the greater Lake Johnston Eastern Goldfields district which is known for pegmatites and nickel mineralisation.

The 2023 geochemical program identified two lithium targets exposing shallow and thick local pegmatites on the Cat Camp tenement.

Fraser South

An EM survey has identified a massive sulphide mineralisation target at the Snowy’s Prospect at BOA’s Fraser South tenement.

The anomaly appears to be at a drillable depth of only 170m.

The Snowy’s Prospect is showing potential for a Nova style nickel sulphides or Volcanogenic Massive Sulphides (VMS) mineralisation system.

The area’s prospectivity is further strengthened by 10 additional moderate priority targets in the Fraser South and Southern Hills tenements.

Heritage agreements have been signed, surveys under way

Heritage agreements have been signed and where required, heritage surveys and conservation managements plans are underway, clearing the path for drilling.

Article written by BOA Resources investor, mining and minerals entrepreneur and PR specialist Yolanda Torrisi. Yolanda also undertakes the company’s investor relations engagement.