182% gain..Boadicea Resources Limited (BOA) is involved in...

182% gain..

Boadicea Resources Limited (BOA) is involved in acquisition of exploration
tenements in Western Australia for evaluation and the discovery of commercially
viable mineral deposits, with a focus on gold. BOA recently entered into the
Option Agreements to acquire the Projects, which are prospective for gold in the
Cue, Leonora and Norseman areas in Western Australia.

SYMONS HILL PROJECT: The project is located east of Norseman and 200km SE of
Kalgoorlie and comprises an exploration licence of approximately 123sqkm in
size. The project is within the part of the Proterozoic Albany Fraser Belt,
which hosts Anglogold Ashanti s Tropicana gold deposit. Initial field work has
outlined a large gold in soil anomaly exceeding 2 by 1km in area in the western
part of the Tenement. BOA aims to explore the project with further geochemical
soil sampling, rock chip sampling and geological mapping followed by RAB
drilling to delineate target zones.

LAKE AUSTIN PROJECT: The project is located to the west of the township of Cue
and comprises an exploration licence application of approximately 171sqkm in
size. Potential exploration targets include the alluvial gold which has shed
into the major drainage from The Big Bell deposit and the greenstones which have
only been cursorily explored by previous explorers.

CALYPSO PROJECT: The project is located 22km east of Leonora and comprises a
group of 3 prospecting licences (circa 495ha). Gold mineralisation within the
tenement area appears to be mainly confined to the northern zone, appearing to
be a supergene pod overlying low grade primary mineralisation. BOA aims to
digitise and process the available data with 3D modelling and undertake RAB
drilling to delineate target zones in year one.

MURRIN MURRIN PROJECT: The project is located 50km east of Leonora and comprises
a group of 4 mining leases (circa 505ha) in size and 2 prospecting licences
(circa 367ha). The project warrants a modern exploration approach to determine
the extent of the quartz veins and the average grade on the mineralised zone.
BOA aims to explore the Project with rock chip sampling and geological mapping
followed by RAB drilling to delineate target zones.