BOA Acquires 49% of Neds Creek Project Covering 1,140 km² with Drilling Set for 2026
BOA Resources has secured a 49% interest in the Neds Creek Copper Project, positioning itself near some of Western Australia’s most prolific copper mines. With drilling planned for early 2026, the company aims to unlock significant exploration potential in this proven copper district.
- Acquisition of 49% stake in 13 exploration licences covering 1,140 km² in WA’s Murchison Copper Belt
- Project located near Sandfire’s DeGrussa and Monty mines and other significant copper deposits
- Multiple high-priority copper targets identified, including advanced Ricci Lee and Enigma prospects
- Drilling scheduled for the first half of 2026 to define resources and explore upside
- Exclusive option to acquire remaining 51% interest, enabling potential full ownership
Strategic Acquisition in a Proven Copper District
BOA Resources Limited (ASX – BOA) has taken a significant step in expanding its critical minerals portfolio by acquiring a 49% interest in Stanifer Pty Ltd, the holder of 13 exploration licences covering the Neds Creek Copper Project in Western Australia’s Murchison Copper Belt. This region is renowned for hosting major copper deposits, including Sandfire Resources’ DeGrussa and Monty mines, as well as the Thaduna and Green Dragon deposits.
The acquisition grants BOA a commanding footprint across approximately 1,140 square kilometres of highly prospective ground, positioning the company to leverage both historical data and new exploration technologies to identify and develop copper resources.
High-Quality Targets and Exploration Upside
The Neds Creek Project boasts multiple copper prospects at various stages of exploration. Notably, the Ricci Lee Prospect is an advanced, drill-ready target adjacent to the Thaduna Copper Deposit, with historical drilling returning encouraging ore-grade copper intersections. Similarly, the Enigma Prospect features a broad, shallow copper system with significant high-grade intercepts recorded in past drilling campaigns.
Additional targets such as Rooneys, Limestone Bore, and East/NE Green Dragon further underscore the potential for a new copper province within the project area. BOA plans to employ machine learning-assisted targeting techniques, integrating extensive historical geochemical, drill, and geophysical datasets to accelerate discovery and resource delineation.
Planned Drilling and Future Growth Prospects
BOA has scheduled resource definition and exploration drilling for the first half of 2026, prioritising the Ricci Lee and Enigma prospects. This drilling campaign will be critical in validating the historical results and advancing the project towards resource estimation.
Under the terms of the acquisition, BOA will fund the initial A$500,000 of expenditure and holds an exclusive option to acquire the remaining 51% interest in Stanifer Pty Ltd by issuing additional shares. This option provides a pathway for BOA to consolidate full ownership of the project, further strengthening its position in the Murchison Copper Belt.
Alignment with BOA’s Strategic Vision
Managing Director Cath Norman emphasised that the acquisition aligns with BOA’s strategy to diversify and de-risk its portfolio by adding high-quality copper assets. The company’s approach combines advanced exploration targets with significant upside potential in a district known for delivering some of Western Australia’s most important copper discoveries.
BOA is also committed to responsible exploration practices, including finalising heritage agreements with local Indigenous groups and maintaining transparent environmental, social, and governance standards.
Looking Ahead
With drilling on the horizon and a clear strategy for regional consolidation, BOA Resources is positioning itself to potentially uncover Australia’s next significant copper resource. The coming months will be pivotal as the company integrates data, secures tenement grants, and advances its exploration program.
Bottom Line?
BOA’s acquisition and upcoming drilling campaign could redefine its growth trajectory in Australia’s copper sector.
Questions in the middle?
- Will the upcoming drilling confirm the historical high-grade copper intersections at Ricci Lee and Enigma?
- How quickly can BOA secure full ownership of the Neds Creek project through its exclusive option?
- What impact will heritage agreement negotiations have on the timing of exploration activities?