# BOA: Completion of acquisition of Neds Creek copper project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/boa-completion-of-acquisition-of-neds-creek-copper-project--5d17a8b5-3c89-4720-9f2a-219f7362b4d7

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03152335

Publisher: asx

Original announcement: 2026-10-14T04:14:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-14T05:05:56.545Z

Atlas analysis updated: 2026-10-14T05:05:56.545Z

- Company: BOA Resources Limited

- Ticker: BOA

- Exchange: ASX

- Region: Western Australia

- Primary commodity: Copper

- Secondary commodities: None reported

- Document categories: Agreement transaction, Resource update

- Extracted: 2026-10-14 05:05:57 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

BOA Resources Limited has completed the acquisition of Core Value Australia NL, granting it 100% ownership of the Neds Creek Copper Project in Western Australia. The deal consolidates the Thaduna and Green Dragon copper deposits and includes the Ricci Lee prospect and Rooneys exploration targets.

Reasoning: The acquisition completes a major consolidation of the company's copper portfolio, providing full control over existing resources and exploration targets.

- Positive factor: Consolidation of 100% ownership of Neds Creek Copper Project

- Positive factor: Integration of existing Mineral Resources with exploration upside

- Positive factor: Strategic shareholder in Sandfire Resources

Facts used in scoring: 1

## Classification and evidence

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document restates the existing Mineral Resource for the Thaduna and Green Dragon deposits as part of the acquisition announcement.

Evidence · text

> Thaduna and Green Dragon host combined JORC 2012 Mineral Resources of 5.3Mt at 2.3% Cu

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Resource Estimates (1)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/boa-completion-of-acquisition-of-neds-creek-copper-project--5d17a8b5-3c89-4720-9f2a-219f7362b4d7#fact-resource-facts-0)

Neds Creek · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Neds Creek
- Commodity: copper
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BOA

#### Resource scope

- Estimate type: resource
- Resource group id: resource:2935a23913f6d6408b27
- Deposit or zone: Thaduna and Green Dragon

#### Resource Data

- Category: inferred
- Tonnes: 5300000
- Grade: 2.3
- Grade Unit: %
- Contained Metal: 121
- Contained Unit: kt

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-25T00:00:00.000Z

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This is a restatement of the existing resource following the acquisition completion.

Evidence · text

> Thaduna and Green Dragon host combined JORC 2012 Mineral Resources of 5.3Mt at 2.3% Cu for 121kt of contained copper

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

## 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.