The acquisition and subsequent expansion of the Koongulla Project in the Paterson Province, Western Australia further strengthens Boadicea’s resolve to be located in Australia’s most prospective exploration regions. Boadicea has created an enviable position with four (4) parcels of exploration tenure, three (3) granted and two (1) in application status.

BOA Paterson Province tenement coverage now extends to 885km2, as presented in Table 1 below.

Boadicea’s Koongulla tenements, located in the highly prospective Paterson Province of Western Australia have the potential to become the next major discovery in the region and be a significant company maker.

Boadicea will focus on exploration of the Telfer-look-a-like dome feature, which is interpreted to be at a drill achievable depth estimated to be between 200m to 250m metres, and specifically has the same scale and orientation of the 32Moz Au, 1Mt Cu Telfer mine owned by Newcrest Mining Limited. The broad dimensions of the Koongulla Dome feature are estimated to be 7.5km long and 3km wide with its long axis orientated in a northwest-southeast direction which reflects similar dimensions to the Telfer mine dome.

The Paterson region is host to world class gold and copper deposits and mines, including Telfer, Nifty and more recent discoveries of Winu by Rio Tinto, Havieron by Greatland Gold and provides an excellent opportunity for gold-copper exploration.