BOA Resources Presents Neds Creek Copper Project at Resources Roadhouse Event in Melbourne

Sonal Goyal

12 November 2026 12:51 PM AEDT

BOA Resources Presents Neds Creek Copper Project at Resources Roadhouse Event in Melbourne

Image Source: Krish Capital Pty Ltd

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BOA Resources Limited (ASX:BOA) has released an investor presentation delivered at the Resources Roadhouse event "The Hole Story" held at the Novotel Melbourne on Collins, Melbourne, detailing the company's 100% owned Neds Creek Copper Project in the Murchison region of Western Australia, including a combined Mineral Resource Estimate of 5.3 Mt at 2.3% Cu for 121 kt contained copper across the Thaduna and Green Dragon deposits.

Key Points

Neds Creek Copper Project is BOA's 100% owned flagship project, covering approximately 1,378 km² in the Murchison Copper Belt, Western Australia
Combined Mineral Resource Estimate of 5.3 Mt at 2.3% Cu for 121 kt contained copper across the Thaduna and Green Dragon deposits
46 RC holes for 7,364m completed at the Ricci Lee prospect between August and September 2026, with assay results awaited for four additional prospects
Sandfire Resources Ltd holds approximately 5.4% of BOA as a substantial shareholder; share price was $0.10 and market capitalisation was $51.3 million as at 5 November 2026
Cash in bank of $6.6 million (unaudited) at 5 November 2026, with no debt disclosed

Neds Creek Copper Project Mineral Resource Details

According to the filing, the Thaduna deposit contains a Mineral Resource of 4.1 Mt at 2.5% Cu for 103 kt of contained copper, comprising 2.0 Mt Indicated and 2.1 Mt Inferred. The Green Dragon deposit holds a Mineral Resource of 1.2 Mt at 1.5% Cu for 18 kt of contained copper, comprising 0.8 Mt Indicated and 0.4 Mt Inferred. Both deposits are situated on granted Mining Leases. The Thaduna mineralised zone extends over 500m within a 1.7km strike system, is defined to greater than 600m vertical depth, and remains open at depth. Six high-priority exploration targets have been identified across the project, all with ore-grade intersections from historical drilling.

Ricci Lee Prospect RC Drilling Results

The filing states that 46 RC holes for 7,364m were completed at the Ricci Lee prospect between August and September 2026, testing mineralisation over 640m of strike and up to 220m vertically. Drilling defined a Main Lode structure and a new parallel Hanging-Wall Lode in the northern portion of the prospect. Disclosed results include 22m at 3.05% Cu from 250m, including 9m at 6.86% Cu (hole 26NCRC023, Main Lode), and 10m at 3.60% Cu including 6m at 5.57% Cu (hole 26NCRC032). The company said Main Lode high-grade mineralisation has been demonstrated over more than 400m of strike and more than 200m vertical depth.

Corporate Structure and Exploration Programme Status

The filing discloses a board comprising Chair Cath Norman, Managing Director Graeme Purcell, and Directors Adrian Griffin and Mark Tomlinson. Adrian Griffin holds 11.0% of BOA's shares, Sandfire Resources Ltd holds approximately 5.4%, with other shareholders comprising 83.6%. In addition to the 46 RC holes at Ricci Lee, the company completed 92 AC holes for 5,722m across five other exploration prospects. Assay results remain outstanding for four prospects drilled during the programme. The filing states that success across those prospects would lead to a wider-scale copper camp at Neds Creek.

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