Presentation Acquisition of Neds Creek Copper Deposits
| Stock | Boadicea Resources Ltd (BOA.ASX) |
|---|---|
| Release Time | 25 Jun 2026, 10:49 a.m. |
| Price Sensitive | Yes |
Boadicea Resources Acquires Thaduna and Green Dragon Copper Deposits
- Acquisition consolidates and expands BOA's footprint in the Murchison Copper Belt
- Combined Mineral Resource Estimate of 5.3 Mt @ 2.3% Cu for 121 Kt contained Cu
- Cash position of approx. $3.2M supports the transaction and 2026 drilling plans
- Sandfire Resources to become a substantial shareholder with approximately 6.2%
- Exploration drilling planned to commence late July 2026
Boadicea Resources Ltd has announced the acquisition of the Thaduna and Green Dragon copper deposits, which consolidates and expands its presence in the Murchison Copper Belt, Western Australia. The acquisition includes a combined Mineral Resource Estimate of 5.3 Mt at 2.3% Cu for 121 Kt contained copper. This acquisition will cover approximately 1,378km2 and includes multiple exploration licenses and prospecting licenses. Sandfire Resources will become a substantial shareholder with approximately 6.2%. The transaction is supported by a cash position of approximately $3.2M, which will fund the 2026 drilling plans. Exploration drilling is planned to commence late July 2026, focusing on resource definition and exploration targets.
Combined Mineral Resource Estimate of 5.3 Mt at 2.3% Cu for 121 Kt contained Cu
Exploration drilling planned to commence late July 2026, focusing on resource definition and exploration targets.