BOA goes six from six with high-grade Ricci Lee copper
Original announcement by stockhead on
- Company
- BOA Resources
- Ticker
- BOA
- Exchange
- Unavailable
- Region
- Western Australia
- Primary commodity
- Copper
- Secondary commodities
- None reported
- Document categories
- Drill results
- Extracted
- 2026-09-21 05:03:05 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
BOA Resources has reported high-grade copper results from the first six RC holes at the Ricci Lee prospect, part of the Neds Creek project in WA. All initial holes returned grades above 1% Cu, with standout intercepts including 7m at 4.60% Cu. The company has a significant exploration news flow ahead with 40 holes currently awaiting assays.
Reasoning: The first six RC holes of a maiden program all returned significant copper grades, including high-grade sub-intervals, supporting the potential for a maiden resource.
Positive factors
- High-grade copper intercepts (>1% Cu in all initial holes)
- Standout bonanza-style intercepts (4.60% Cu)
- Supports continuity of mineralisation
- Maiden drilling program success
Negative factors
- 40 holes still pending assays
Facts used in scoring: 6
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 7m at 4.60% Cu is an exceptionally high-grade zone.
Evidence · text
“7m at 4.60% Cu”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Program expanded to add strike extensions and deeper holes.
Evidence · text
“expanding the program past its original 5500m plan to add strike extensions”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: Ricci Lee is positioned as a geological analogue to the nearby Thaduna deposit.
Evidence · text
“BOA interprets Ricci Lee as a geological analogue as the two deposits occur in the same stratigraphic and structural setting”
Extracted facts
Stored fact records: 6. Some facts used in scoring do not have a stored record.
Drill Results (6)
26NCRC001Ricci Lee · copperGrade: 2.49Grade Unit: %Intercept: 14 mView all detailsHide details
Identity
- Hole ID
- 26NCRC001
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 2.49
- Grade Unit
- %
- Intercept
- 14 m
- From
- 122 m
- To
- 136 m
- Intercept Depth
- 122 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26NCRC001:122-136
- Mining Method
- unknown
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: 2.49% Cu is a strong intercept for a copper prospect.
Positive factors
- High grade intercept
Evidence · text
“14m grading 2.49% Cu from 122m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
26NCRC001Ricci Lee · copperGrade: 4.6Grade Unit: %Intercept: 7 mView all detailsHide details
Identity
- Hole ID
- 26NCRC001
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 4.6
- Grade Unit
- %
- Intercept
- 7 m
- From
- 122 m
- To
- 129 m
- Intercept Depth
- 122 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26NCRC001:122-129
- Mining Method
- unknown
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: 4.60% Cu is an exceptional high-grade sub-interval.
Positive factors
- Bonanza intercept
Evidence · text
“7m at 4.60% Cu (26NCRC001)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
26NCRC003Ricci Lee · copperGrade: 2.25Grade Unit: %Intercept: 15 mView all detailsHide details
Identity
- Hole ID
- 26NCRC003
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 2.25
- Grade Unit
- %
- Intercept
- 15 m
- From
- 130 m
- To
- 145 m
- Intercept Depth
- 130 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26NCRC003:130-145
- Mining Method
- unknown
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: 2.25% Cu is a strong intercept.
Positive factors
- Significant copper intersection
Evidence · text
“15m at 2.25% Cu from 130m (26NCRC003)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
26NCRC004Ricci Lee · copperGrade: 1.58Grade Unit: %Intercept: 12 mView all detailsHide details
Identity
- Hole ID
- 26NCRC004
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 1.58
- Grade Unit
- %
- Intercept
- 12 m
- From
- 64 m
- To
- 76 m
- Intercept Depth
- 64 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26NCRC004:64-76
- Mining Method
- unknown
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: 1.58% Cu is a moderate to strong intercept.
Positive factors
- Significant copper intersection
Evidence · text
“12m at 1.58% Cu from 64m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
26NCRC004Ricci Lee · copperGrade: 3.38Grade Unit: %Intercept: 3 mView all detailsHide details
Identity
- Hole ID
- 26NCRC004
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 3.38
- Grade Unit
- %
- Intercept
- 3 m
- From
- 64 m
- To
- 67 m
- Intercept Depth
- 64 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26NCRC004:64-67
- Mining Method
- unknown
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: 3.38% Cu is a strong high-grade sub-interval.
Positive factors
- High-grade sub-interval
Evidence · text
“3m at 3.38% Cu”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
26NCRC004Ricci Lee · copperGrade: 3.14Grade Unit: %Intercept: 2 mView all detailsHide details
Identity
- Hole ID
- 26NCRC004
- Project
- Ricci Lee
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- BOA
Geometry
- Grade
- 3.14
- Grade Unit
- %
- Intercept
- 2 m
- From
- 64 m
- To
- 66 m
- Intercept Depth
- 64 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26NCRC004:64-66
- Mining Method
- unknown
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: 3.14% Cu is a strong high-grade sub-interval.
Positive factors
- High-grade sub-interval
Evidence · text
“2m at 3.14% Cu (26NCRC004)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
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.