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BOA Resources (ASX: BOA) has roughly doubled since MD Graeme Purcell last joined LEVRD. With 23 of 46 Ricci Lee holes now back, including 10m @ 3.60% Cu from 31m in today's results, he's back to talk shallow copper, a second lode, grade at depth and the timing of a maiden resource.
WHAT WE COVERED
- The re-rate from ~9c to a 19.5c high, and what the market sees in the last two batches
- 20 of 23 holes in high-grade copper over 400m+ of strike: one lode or a string of pods?
- Copper from surface, including 11m @ 3.2% from 1m, and the new hanging-wall lode
- Hole 23 at depth, bornite, rising silver and which way the high grade plunges
- 23 holes still at the lab, hole 21 and when the last assays land
- Maiden resource timing, and whether it needs diamond drilling first
- Aircore at Rooneys and Blockley, the 12 October meeting and Sandfire on the register
- The hole that decides whether Ricci Lee is a company-maker, and the first rig move of 2027
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