BOA Resources Elevates Graeme Purcell to Managing Director After Copper Acquisitions

Leadership Shift Aligns with Copper Portfolio Expansion

BOA Resources (ASX:BOA) has installed Graeme Purcell as Managing Director effective 1 July 2026, a move closely tied to its recent acquisition of the Thaduna and Green Dragon copper deposits in Western Australia. This acquisition significantly expands BOA’s footprint in the Murchison Copper Belt, consolidating its Neds Creek Copper Project and enhancing its resource base.

Purcell, a geologist with three decades of experience spanning major and junior resource companies, has been on BOA’s board since 2021. His appointment replaces Cath Norman, who steps back into a Non-Executive Chair role after serving as both Chair and Managing Director during a pivotal period for the company.

Experienced Geologist to Lead Upcoming Drilling Campaign

With the company poised to commence drilling at Neds Creek in July 2026, Purcell’s expertise is expected to be instrumental in unlocking value from the newly acquired assets. His background includes roles at Plutonic Resources, Homestake Mining, Barrick Gold, and Black Fire Minerals, covering exploration stages from grassroots to near-mine development.

BOA’s Chair, Cath Norman, emphasised the timing of the leadership change, noting that Purcell’s skills align well with the company’s expanded copper portfolio. The acquisition adds six high-priority targets across Neds Creek, including the Thaduna and Green Dragon deposits, which together contribute a substantial resource base.

Acquisition Strengthens Neds Creek Copper Project

The acquisition of Thaduna and Green Dragon follows BOA’s earlier consolidation efforts and adds approximately 121,000 tonnes of contained copper to its holdings. This move positions BOA as a more significant player in the region, with a clearly defined pathway for growth through exploration and development activities.

Purcell acknowledged the transformational nature of the acquisition, highlighting the enhanced copper platform it provides in Western Australia. He also paid tribute to Norman’s leadership during the strategic reset and transaction execution that underpinned this expansion.

Terms of Appointment and Investor Engagement

Purcell’s employment includes a base salary of $300,000 per annum plus statutory superannuation, with potential participation in BOA’s incentive awards plan subject to shareholder approval. Termination provisions allow for notice periods by either party, reflecting standard executive arrangements.

To coincide with these developments, BOA is hosting an investor webinar to discuss the acquisitions, exploration plans, and board changes. The session aims to provide further insight into the company’s strategy and upcoming operational milestones.