Boa Resources Limited · ASX:BOA
Boa Resources — Boadicea Resources — Investor Presentation (September 2020)
24 slides from Boa Resources's investor presentation, September 2020
Slide 1: Boadicea Resources Ltd - Set, Ready, Grow
Boadicea Resources Ltd SET, READY, GROW SEPTEMBER 2020 ASX: BOA
Slide 2: Disclaimer
DISCLAIMER Forward Looking Statements This presentation is not an offer for financial products in any jurisdiction or a financial product recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment
Slide 3: Set, Ready, Grow
SET, READY, GROW SET BOA is an explorer in WA’s Fraser Range & Paterson Province We have been quietly accumulating some PRIME tenements READY Sept-20: IGO-BOA relationship via $7m cash giving IGO a right-to buy for some of our Fraser Range tenements IGO to explore at its cost + Minimum explo
Slide 4: Tight Capital Structure & Experienced Team
TIGHT CAPITAL STRUCTURE & EXPERIENCED TEAM Capital Structure Current Post Deal1 Share Ownership (Current) Share Ownership (Post Deal) 1% 5% 10% 5% Shares on Issue 55.6m 61.8m 1% Market Cap. (@ A$0.24) (27/08/2020) A$13.3m A$14.8m Top 20 Shareholders 71% 80% 95% 84% Cash (30/06/2020 for current) A$0.
Slide 5: Experienced Board and Management Team
EXPERIENCED BOARD AND MANAGEMENT TEAM Jon Reynolds Steven Moon Dom De Marco Graeme Purcell James Barrie Managing Director Executive Director Executive Director Consultant Geologist Company Sec. Geologist with 35 years Steven has more than Domenic is a Chartered Geologist with 25 years Independent re
Slide 6: Ready to Find Nickel
READY TO FIND NICKEL IGO Newsearch1 has agreed to pay $5.5M2 for exclusive rights to explore for Nova-style nickel in BOA owned tenements “…..The Symons Hill tenement in particular, which adjoins the Nova mining lease, is an area that has received relatively little exploration to date and represents
Slide 7: The Fraser Range Transaction
THE FRASER RANGE TRANSACTION Funds Boadicea’s other activities Retains ownership of Fraser Range Tenements Maintains exposure to exploration success Free carried through all exploration activities in Fraser Range Allows BOA to reward existing shareholders with dividend IGO on register wi
Slide 8: Nova / Mawson / Silver Knight - "Nearology"
NOVA / MAWSON / SILVER KNIGHT - “NEAROLOGY” 8 Boadicea Resources Ltd September 2020
Slide 9: BOA Asset Highlights
BOA ASSET HIGHLIGHTS FRASER RANGE • BOA owns tenements in prime location adjacent to all known nickel deposits in the Fraser Range Symons Hill => Nova / Bollinger Nickel mine (IGO). Drill-ready targets Transline => Mawson Nickel discovery (Legend Mining) White Knight => Silver Knight Nickel di
Slide 10: Summary
SUMMARY Set, Ready, Grow 1. September 2020 agreement with IGO Newsearch for 9 of the BOA Fraser Range tenements • BOA 100% Free carried for all exploration activities • Value add creation for BOA • Significant upside potential upon a JORC resource being declared – $50M • Tenements revert to BOA afte
Slide 11: Additional Information
ADDITIONAL INFORMATION Slide IGO transaction details 12 Fraser Range strategic position 13-14 Symons Hill (adjacent Nova) 15 Nova nickel mine 16 Transline tenements (adjacent Mawson) 17 Mawson nickel (Legend Mining) 18 White Knight 19 Giles, Giles South & South Plumridge 20 Fraser Range South 21 Koo
Slide 12: Fraser Range Transaction Details
FRASER RANGE TRANSACTION DETAILS • Conditional sale of nine (9) Fraser Range Tenements to IGO Newsearch Pty Ltd (“Newsearch”) a wholly owned subsidiary of IGO Limited (“IGO”). • Potential sale price of $57 million plus a royalty, comprising: a) Within 5 business days of approval of the Resolution by
Slide 13: Fraser Range Strategic Position
FRASER RANGE STRATEGIC POSITION • Strategically located to all known nickel occurrences in the Fraser Range • Recently completed conditional sale of nine Fraser Range tenements • Symons Hill licence (E28/1932) has exciting prospectivity for Nova-Bollinger style nickel-copper mineralisation • The Fra
Slide 14: Recent Fraser Range Articles
RECENT FRASER RANGE ARTICLES 14 Boadicea Resources Ltd September 2020
Slide 15: Symons Hill Nickel-Copper Project
SYMONS HILL NICKEL – COPPER PROJECT • 100% owned by BOA and covers an area of 75km2 • IGO access agreement provides 5 years of free carried exploration for BOA • Located within 5km and along strike of the Nova- Bollinger nickel-copper mine • IGO completing exploration for high priority targets (Zeus
Slide 16: Nova Nickel Mine (ASX:IGO)
NOVA NICKEL MINE (ASX:IGO) • The Nova deposit was discovered in July 2012 • Near mine exploration upside remains significant • One of Australia’s great recent mining discoveries • IGO made significant breakthroughs in the • Development commencing in January 2015 and interpretation of the 3D seismic
Slide 17: Transline Tenements - Adjacent to Mawson
TRANSLINE TENEMENTS – ADJACENT TO MAWSON • Transline project is composed of 4 strategically located tenements, all 100% owned by Boadicea • Transline North (EL28/3849): 84km2 • Transline South (EL28/2866): 39km2 • Transline West 1 (EL28/2895): 21km2 • Transline West 2 (EL28/2888): 38km2 • All teneme
Slide 18: Mawson Discovery (Legend Mining ASX:LEG)
MAWSON DISCOVERY (LEGEND MINING ASX:LEG) • A JV between Legend (70%) and IGO • In December 2019 Legend achieved a “watershed milestone” discovering impressive massive sulphides in drill hole RKDD007, since reinforced by subsequent drilling, and named the Mawson discovery. • RKDD007 achieved a signif
Slide 19: White Knight Tenements
WHITE KNIGHT TENEMENTS • White Knight tenement (E28/2721) 100% owned by BOA • Licence granted in January 2020 with a total area of 30km2 • Silver Knight discovery publicised July 2018 by Great Southern Nickel, a Creasy Group company • Reportedly 4.2Mt @ 0.8% Ni, 0.6% Cu • BOA located adjacent to the
Slide 20: Giles, Giles South and South Plumridge
GILES, GILES SOUTH AND SOUTH PLUMRIDGE • Giles South (E28/2952 and E28/2148) • Ballot win, awaiting licence award • Total area of ~168km2 • Located at the north extents of the Fraser gravity ridge • Desktop review of previous exploration work to be completed in Q4 2020 • South Plumridge (E28/2937) •
Slide 21: BOA Retained Tenements - Fraser Range
BOA RETAINED TENEMENTS - FRASER RANGE • Fraser Range South (E63/1859) • Awarded in September 2018 • Total area of 162km2 • Located at the southern extents of the Fraser gravity ridge • Preliminary desktop analysis completed in 2019. • Geochemistry and field mapping commencing in September 2020 • Sou
Slide 22: BOA Future Growth Phase in Koongulla
BOA FUTURE GROWTH PHASE IN KOONGULLA • BOA acquired 95% of Koongulla Project (E45/5392) in the Paterson Province of Western Australia in June 2020 • Exploration Licence E45/5392 covers a total of 75 blocks (240km2) and was granted February 2020. • The project is located on the eastern side of the Pa
Slide 23: Paterson Province - The Next Big Thing
PATERSON PROVINCE – THE NEXT BIG THING • Highly prospective for world class copper gold deposits • Tenement position dominated by Newcrest, Rio Tinto, Fortescue and Antipa. • Significant deposits include; • Telfer (100% Newcrest) • World class copper gold deposit Discovered in 1970 • 2019 production
Slide 24: Contact: Mr Jon Reynolds
FOR MORE INFORMATION PLEASE CONTACT MR JON REYNOLDS MANAGING DIRECTOR +61 (0)409 858 053 [email protected] http://www.boadicea.net.au
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