BOA: 2026 Annual Report
Original announcement by asx on
- Company
- BOA Resources Limited
- Ticker
- BOA
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Copper
- Secondary commodities
- Gold, Nickel, Lithium
- Document categories
- Drill results, Agreement transaction, Resource update, Other
- Extracted
- 2026-09-30 09:24:32 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
BOA Resources Limited's 2026 Annual Report highlights a transformative year, marked by a strategic pivot to copper in Western Australia's Murchison region. The company reported "exceptional" high-grade copper drill results from its Ricci Lee prospect and announced a proposed acquisition of Core Value Australia NL, which includes JORC 2012 compliant resources of 5.3 Mt at 2.3% copper (121 kt contained copper) from the Thaduna and Green Dragon deposits. Despite a significant financial loss and a material uncertainty regarding its going concern status, the company ended the year with a strong cash position and no debt, positioning it for substantial exploration news flow and resource growth.
Reasoning: BOA Resources Limited's annual report details a transformative year with a strategic focus on copper, evidenced by exceptional drill results and a significant proposed acquisition of JORC-compliant resources, despite a reported financial loss and ongoing funding requirements.
Positive factors
- Strategic shift to copper
- High-grade copper drill results at Ricci Lee
- Proposed acquisition of JORC-compliant copper resources
- Consolidation of project ownership
- Strong cash position
- Experienced team appointments
Negative factors
- Significant financial loss for the year
- Material uncertainty regarding going concern
- Impairment and write-off of exploration assets
- Reliance on future capital raises
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 18
Extracted facts
Stored fact records: 16. Some facts used in scoring do not have a stored record.
Drill Results (10)
Fact 1Ricci Lee · copperGrade: 2.49Grade Unit: %Intercept: 14 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 2.49
- Grade Unit
- %
- Intercept
- 14 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This intercept shows good grade and width, contributing to the overall positive exploration results for the Ricci Lee prospect.
Positive factors
- High-grade copper intercept
- Good intercept length
Negative factors
- Apparent width only
- No QA/QC disclosure
Evidence · text
“14 metres at 2.49% copper”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“14 metres at 2.49% copper”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Evidence · text
“Drilling results announced since year end have provided compelling early validation of that decision. Initial results from Ricci Lee included 14 metres at 2.49% copper, including 7 metres at 4.60%, and 15 metres at 2.25% copper, including 13 metres at 2.55%.”
Fact 2Ricci Lee · copperGrade: 4.6Grade Unit: %Intercept: 7 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 4.6
- Grade Unit
- %
- Intercept
- 7 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This sub-interval demonstrates very high-grade copper within a broader mineralized zone, significantly enhancing the prospectivity of Ricci Lee.
Positive factors
- Exceptional high-grade copper intercept
- Confirms high-grade zones within broader interval
Negative factors
- Apparent width only
- No QA/QC disclosure
Evidence · text
“including 7 metres at 4.60%”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: 4.60% Cu is well above the 2.5% exceptional threshold for copper.
Evidence · text
“including 7 metres at 4.60%”
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“including 7 metres at 4.60%”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Evidence · text
“Drilling results announced since year end have provided compelling early validation of that decision. Initial results from Ricci Lee included 14 metres at 2.49% copper, including 7 metres at 4.60%, and 15 metres at 2.25% copper, including 13 metres at 2.55%.”
Fact 3Ricci Lee · copperGrade: 2.25Grade Unit: %Intercept: 15 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 2.25
- Grade Unit
- %
- Intercept
- 15 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This intercept shows good grade and width, contributing to the overall positive exploration results for the Ricci Lee prospect.
Positive factors
- Good grade copper intercept
- Good intercept length
Negative factors
- Apparent width only
- No QA/QC disclosure
Evidence · text
“15 metres at 2.25% copper”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“15 metres at 2.25% copper”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Evidence · text
“Drilling results announced since year end have provided compelling early validation of that decision. Initial results from Ricci Lee included 14 metres at 2.49% copper, including 7 metres at 4.60%, and 15 metres at 2.25% copper, including 13 metres at 2.55%.”
Fact 4Ricci Lee · copperGrade: 2.55Grade Unit: %Intercept: 13 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 2.55
- Grade Unit
- %
- Intercept
- 13 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This sub-interval demonstrates high-grade copper within a broader mineralized zone, enhancing the prospectivity of Ricci Lee.
Positive factors
- High-grade copper intercept
- Confirms high-grade zones within broader interval
Negative factors
- Apparent width only
- No QA/QC disclosure
Evidence · text
“including 13 metres at 2.55%”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: 2.55% Cu is just above the 2.5% exceptional threshold for copper.
Evidence · text
“including 13 metres at 2.55%”
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“including 13 metres at 2.55%”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Evidence · text
“Drilling results announced since year end have provided compelling early validation of that decision. Initial results from Ricci Lee included 14 metres at 2.49% copper, including 7 metres at 4.60%, and 15 metres at 2.25% copper, including 13 metres at 2.55%.”
Fact 5Ricci Lee · copperGrade: 3.05Grade Unit: %Intercept: 22 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 3.05
- Grade Unit
- %
- Intercept
- 22 m
- From
- 250 m
- To
- 272 m
- Intercept Depth
- 250 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- Ricci_Lee:250-272
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This exceptional intercept, matching the best historical GT, significantly validates the high-grade potential and continuity of the Ricci Lee system at depth.
Positive factors
- Exceptional high-grade copper intercept
- Significant intercept length
- Matches best grade-thickness product from prior results
- Demonstrates continuity at depth
Negative factors
- Apparent width only
- No QA/QC disclosure
Evidence · text
“22 metres at 3.05% Cu from 250m”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: 3.05% Cu is well above the 2.5% exceptional threshold for copper.
Evidence · text
“22 metres at 3.05% Cu from 250m”
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“22 metres at 3.05% Cu from 250m”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Evidence · text
“Subsequently, results from an additional four holes also returned significant copper mineralisation, including 22m at 3.05% Cu from 250m, including 9m at 6.86% Cu and 10m at 1.81% Cu from 133m, including 3m at 4.96% Cu4.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The deeper high-grade zone demonstrates good continuity from an historic hole located 80m to the south.
Evidence · text
“The deeper high-grade zone proves the presence of bornite mineralisation over a significant width at 220m vertical depth and also demonstrates good continuity from THC035, an historic hole located 80m to the south that intersected 5m at 3.48% Cu from 203m and 10m @ 5.12% from 218m at 190m vertical depth.”
Fact 6Ricci Lee · copperGrade: 6.86Grade Unit: %Intercept: 9 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 6.86
- Grade Unit
- %
- Intercept
- 9 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This bonanza-grade sub-interval, matching the best historical grade, confirms the presence of extremely high-grade copper within the Ricci Lee system.
Positive factors
- Bonanza high-grade copper intercept
- Matches best grade from prior results
- Confirms very high-grade zones within broader interval
Negative factors
- Apparent width only
- No QA/QC disclosure
Evidence · text
“including 9 metres at 6.86%”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: 6.86% Cu is significantly above the 2.5% exceptional threshold for copper.
Evidence · text
“including 9 metres at 6.86%”
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“including 9 metres at 6.86%”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Evidence · text
“Subsequently, results from an additional four holes also returned significant copper mineralisation, including 22m at 3.05% Cu from 250m, including 9m at 6.86% Cu and 10m at 1.81% Cu from 133m, including 3m at 4.96% Cu4.”
Fact 7Ricci Lee · copperGrade: 1.81Grade Unit: %Intercept: 10 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 1.81
- Grade Unit
- %
- Intercept
- 10 m
- From
- 133 m
- To
- 143 m
- Intercept Depth
- 133 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- Ricci_Lee:133-143
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This intercept is significant for defining a new mineralized zone, expanding the known footprint of the Ricci Lee prospect.
Positive factors
- Identifies new hanging-wall lode
- Good intercept length
Negative factors
- Apparent width only
- No QA/QC disclosure
Evidence · text
“10 metres at 1.81% Cu from 133m”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“10 metres at 1.81% Cu from 133m”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Evidence · text
“Subsequently, results from an additional four holes also returned significant copper mineralisation, including 22m at 3.05% Cu from 250m, including 9m at 6.86% Cu and 10m at 1.81% Cu from 133m, including 3m at 4.96% Cu4.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole intersected a separate zone defining a new hanging-wall lode.
Evidence · text
“The same hole intersected a separate zone of 10 metres at 1.81% copper, including 3 metres at 4.96%, defining a new hanging-wall lode.”
Fact 8Ricci Lee · copperGrade: 4.96Grade Unit: %Intercept: 3 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 4.96
- Grade Unit
- %
- Intercept
- 3 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This high-grade sub-interval within the newly identified hanging-wall lode enhances the significance of the new discovery.
Positive factors
- Exceptional high-grade copper intercept
- Confirms high-grade zones within new lode
Negative factors
- Apparent width only
- No QA/QC disclosure
Evidence · text
“including 3 metres at 4.96%”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: 4.96% Cu is well above the 2.5% exceptional threshold for copper.
Evidence · text
“including 3 metres at 4.96%”
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“including 3 metres at 4.96%”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Evidence · text
“Subsequently, results from an additional four holes also returned significant copper mineralisation, including 22m at 3.05% Cu from 250m, including 9m at 6.86% Cu and 10m at 1.81% Cu from 133m, including 3m at 4.96% Cu4.”
THC035Ricci Lee · copperGrade: 3.48Grade Unit: %Intercept: 5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- THC035
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 3.48
- Grade Unit
- %
- Intercept
- 5 m
- From
- 203 m
- To
- 208 m
- Intercept Depth
- 203 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- THC035:203-208
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a historical intercept mentioned for comparative purposes, not new information.
Negative factors
- Stale data re-release
Evidence · text
“intersected 5m at 3.48% Cu from 203m”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Stale Data Re-releaseRejected · negative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Evidence · text
“THC035, an historic hole located 80m to the south that intersected 5m at 3.48% Cu from 203m and 10m @ 5.12% from 218m at 190m vertical depth.”
THC035Ricci Lee · copperGrade: 5.12Grade Unit: %Intercept: 10 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- THC035
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 5.12
- Grade Unit
- %
- Intercept
- 10 m
- From
- 218 m
- To
- 228 m
- Intercept Depth
- 218 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- THC035:218-228
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a historical intercept mentioned for comparative purposes, not new information.
Negative factors
- Stale data re-release
Evidence · text
“10m @ 5.12% from 218m”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Stale Data Re-releaseRejected · negative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Evidence · text
“THC035, an historic hole located 80m to the south that intersected 5m at 3.48% Cu from 203m and 10m @ 5.12% from 218m at 190m vertical depth.”
Resource Estimates (6)
inferredThaduna · copperTonnes: 4100000Grade: 2.5Grade Unit: %Contained Metal: 103Contained Unit: ktView all detailsHide details
Identity
- Project
- Thaduna
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- BOA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:3fc33c59562da1d289cd
Resource Data
- Category
- inferred
- Tonnes
- 4100000
- Grade
- 2.5
- Grade Unit
- %
- Contained Metal
- 103
- Contained Unit
- kt
- Cutoff Grade
- 0.75
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-06-25
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This represents a substantial JORC-compliant copper resource acquired by the company, significantly adding to its asset base.
Positive factors
- Significant contained copper
- High resource grade
- JORC compliant estimate
- Maiden resource for the company
Negative factors
- Resource category includes inferred
- No QP/CP disclosure
Evidence · table
“2.5”
Context: 4.1
inferredThaduna · copperTonnes: 4100000Grade: 2.5Grade Unit: %Contained Metal: 103Contained Unit: ktView all detailsHide details
Identity
- Project
- Thaduna
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- BOA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:3fc33c59562da1d289cd
Resource Data
- Category
- inferred
- Tonnes
- 4100000
- Grade
- 2.5
- Grade Unit
- %
- Contained Metal
- 103
- Contained Unit
- kt
- Cutoff Grade
- 1
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-06-25
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This represents a substantial JORC-compliant copper resource acquired by the company, significantly adding to its asset base.
Positive factors
- Significant contained copper
- High resource grade
- JORC compliant estimate
- Maiden resource for the company
Negative factors
- Resource category includes inferred
- No QP/CP disclosure
Evidence · table
“2.5”
Context: 4.1
inferredGreen Dragon · copperTonnes: 1200000Grade: 1.5Grade Unit: %Contained Metal: 18Contained Unit: ktView all detailsHide details
Identity
- Project
- Green Dragon
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- BOA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:0b0fe63112548bcb6ad0
Resource Data
- Category
- inferred
- Tonnes
- 1200000
- Grade
- 1.5
- Grade Unit
- %
- Contained Metal
- 18
- Contained Unit
- kt
- Cutoff Grade
- 0.75
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-06-25
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This resource adds to the company's copper inventory through the acquisition, contributing to its strategic growth.
Positive factors
- Adds to company's resource base
- JORC compliant estimate
- Maiden resource for the company
Negative factors
- Resource category includes inferred
- Lower grade than Thaduna
- No QP/CP disclosure
Evidence · table
“1.5”
Context: 1.2
inferredGreen Dragon · copperTonnes: 1200000Grade: 1.5Grade Unit: %Contained Metal: 18Contained Unit: ktView all detailsHide details
Identity
- Project
- Green Dragon
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- BOA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:0b0fe63112548bcb6ad0
Resource Data
- Category
- inferred
- Tonnes
- 1200000
- Grade
- 1.5
- Grade Unit
- %
- Contained Metal
- 18
- Contained Unit
- kt
- Cutoff Grade
- 1
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-06-25
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This resource adds to the company's copper inventory through the acquisition, contributing to its strategic growth.
Positive factors
- Adds to company's resource base
- JORC compliant estimate
- Maiden resource for the company
Negative factors
- Resource category includes inferred
- Lower grade than Thaduna
- No QP/CP disclosure
Evidence · table
“1.5”
Context: 1.2
inferredNeds Creek · copperTonnes: 5300000Grade: 2.3Grade Unit: %Contained Metal: 121Contained Unit: ktView all detailsHide details
Identity
- Project
- Neds Creek
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- BOA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:1ffd8c5021bde73bbdf2
Resource Data
- Category
- inferred
- Tonnes
- 5300000
- Grade
- 2.3
- Grade Unit
- %
- Contained Metal
- 121
- Contained Unit
- kt
- Cutoff Grade
- 0.75
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-06-25
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This combined resource represents a significant and strategically important addition to the company's copper assets.
Positive factors
- Significant total contained copper
- Strong average resource grade
- JORC compliant estimate
- Maiden resource for the company
Negative factors
- Resource category includes inferred
- No QP/CP disclosure
Evidence · table
“2.3”
Context: 5.3
inferredNeds Creek · copperTonnes: 5300000Grade: 2.3Grade Unit: %Contained Metal: 121Contained Unit: ktView all detailsHide details
Identity
- Project
- Neds Creek
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- BOA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:1ffd8c5021bde73bbdf2
Resource Data
- Category
- inferred
- Tonnes
- 5300000
- Grade
- 2.3
- Grade Unit
- %
- Contained Metal
- 121
- Contained Unit
- kt
- Cutoff Grade
- 1
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-06-25
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This combined resource represents a significant and strategically important addition to the company's copper assets.
Positive factors
- Significant total contained copper
- Strong average resource grade
- JORC compliant estimate
- Maiden resource for the company
Negative factors
- Resource category includes inferred
- No QP/CP disclosure
Evidence · table
“2.3”
Context: 5.3
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.