BOA 0.00% 2.4¢ boadicea resources limited

Ann: Ground EM identifies significant conductor, page-47

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  1. 1,104 Posts.
    BOA´s issue is that it is a one trick pony. It has its licence adjoining Sirius and thats it. If they drill this conductor and it turns out to be nothing, like most other conductors drilled in the region, then they have significantly downgraded their lead project and beyond that the cupboard is bare.

    WIN has a massive landholding courtesy of Creasy vending it in. They also have the Creasy connection of course. They also have numerous targets across many licences. They can afford a few dud holes. The structural corridor they mention to Nova needs to be considered in light of their close connection with Creasy and Sirius. That structural corridor interpretation almost certainly came from Sirius and their work.

    BOA´s target is quite interesting and by no means will Nova be the only large deposit in the area, however if they don´t hit the sweet stuff, its almost all over for their Fraser Range dreams.
 
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