BOA: 2026 AGM Presentation

Original announcement by asx on

Company
BOA Resources Limited
Ticker
BOA
Exchange
ASX
Region
Murchison, WA
Primary commodity
Copper
Secondary commodities
None reported
Document categories
Other, Resource update, Drill results
Extracted
2026-10-12 03:05:37 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

BOA Resources presents its 2026 AGM update, highlighting the consolidation of the Thaduna and Green Dragon copper deposits via a transaction with Sandfire and CVA. The company also reports high-grade copper RC drill results from the Ricci Lee prospect, demonstrating continuity of mineralization.

Reasoning: The presentation outlines a major corporate transaction to consolidate copper assets and provides high-grade drill results from the Ricci Lee prospect.

Positive factors

  • Consolidation of Thaduna and Green Dragon copper deposits
  • High-grade Ricci Lee RC drill results
  • Significant resource growth potential in Murchison Copper Belt

Facts used in scoring: 7

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 6.86% Cu is an exceptional grade for a copper project.

Evidence · text

“9m at 6.86% Cu”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The document mentions assays received and refers to previous assay results, implying a standard assay protocol.

Evidence · text

“High-grade copper from 28 of 34 RC holes reported to date”

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (1)

26NCRC014Ricci Lee · copperGrade: 3.53Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
26NCRC014
Project
Ricci Lee
Commodity
copper
Region
murchison, wa
Reported Region
murchison, wa
Ticker
BOA

Geometry

Grade
3.53
Grade Unit
%
Intercept
3 m

Classification

Sample Type
drill
Group ID
26NCRC014:87-unknown

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Strong grade within the intercept.

Positive factors

  • High-grade sub-interval

Evidence · text

“3m at 3.53% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Resource Estimates (6)

indicatedThaduna and Green Dragon · copperTonnes: 2800000Grade: 2.3Grade Unit: %Contained Metal: 121Contained Unit: ktView all details
Link to this fact

Identity

Project
Thaduna and Green Dragon
Commodity
copper
Region
murchison, wa
Reported Region
Murchison, WA
Ticker
BOA

Resource scope

Estimate type
resource
Resource group id
resource:a63e76224870e116f355
Deposit or zone
Thaduna and Green Dragon
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
2800000
Grade
2.3
Grade Unit
%
Contained Metal
121
Contained Unit
kt

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Combined indicated resource for the two deposits.

Positive factors

  • Combined resource

Evidence · table

“2.3%”

Context: 2.8

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

inferredThaduna and Green Dragon · copperTonnes: 2500000Grade: 2.3Grade Unit: %Contained Metal: 121Contained Unit: ktView all details
Link to this fact

Identity

Project
Thaduna and Green Dragon
Commodity
copper
Region
murchison, wa
Reported Region
Murchison, WA
Ticker
BOA

Resource scope

Estimate type
resource
Resource group id
resource:49f6df8f68da576d684a
Deposit or zone
Thaduna and Green Dragon
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
2500000
Grade
2.3
Grade Unit
%
Contained Metal
121
Contained Unit
kt

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Combined inferred resource for the two deposits.

Positive factors

  • Combined resource

Evidence · table

“2.3%”

Context: 2.5

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

indicatedGreen Dragon · copperTonnes: 800000Grade: 1.5Grade Unit: %Contained Metal: 18Contained Unit: ktView all details
Link to this fact

Identity

Project
Green Dragon
Commodity
copper
Region
murchison, wa
Reported Region
Murchison, WA
Ticker
BOA

Resource scope

Estimate type
resource
Resource group id
resource:121b9b4209944606bd9e
Deposit or zone
Green Dragon
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
800000
Grade
1.5
Grade Unit
%
Contained Metal
18
Contained Unit
kt

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Indicated resource for Green Dragon.

Evidence · table

“1.5%”

Context: 0.8

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

inferredGreen Dragon · copperTonnes: 400000Grade: 1.5Grade Unit: %Contained Metal: 18Contained Unit: ktView all details
Link to this fact

Identity

Project
Green Dragon
Commodity
copper
Region
murchison, wa
Reported Region
Murchison, WA
Ticker
BOA

Resource scope

Estimate type
resource
Resource group id
resource:9d254cb0383482c3f9fa
Deposit or zone
Green Dragon
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
400000
Grade
1.5
Grade Unit
%
Contained Metal
18
Contained Unit
kt

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Inferred resource for Green Dragon.

Evidence · table

“1.5%”

Context: 0.4

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

indicatedThaduna · copperTonnes: 2000000Grade: 2.5Grade Unit: %Contained Metal: 103Contained Unit: ktView all details
Link to this fact

Identity

Project
Thaduna
Commodity
copper
Region
murchison, wa
Reported Region
Murchison, WA
Ticker
BOA

Resource scope

Estimate type
resource
Resource group id
resource:92847486422e1735eb10
Deposit or zone
Thaduna
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
2000000
Grade
2.5
Grade Unit
%
Contained Metal
103
Contained Unit
kt

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Indicated resource for Thaduna.

Evidence · table

“2.5%”

Context: 2.0

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

inferredThaduna · copperTonnes: 2100000Grade: 2.5Grade Unit: %Contained Metal: 103Contained Unit: ktView all details
Link to this fact

Identity

Project
Thaduna
Commodity
copper
Region
murchison, wa
Reported Region
Murchison, WA
Ticker
BOA

Resource scope

Estimate type
resource
Resource group id
resource:684dbf3665726ae3a53e
Deposit or zone
Thaduna
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
2100000
Grade
2.5
Grade Unit
%
Contained Metal
103
Contained Unit
kt

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Inferred resource for Thaduna.

Evidence · table

“2.5%”

Context: 2.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.