Boadicea Resources Ltd. (AU:BOA) has released an update.
Boadicea Resources Ltd. reported a prosperous drilling campaign at the Two Tanks tenement in Western Australia, with findings of thicker-than-expected pegmatite formations, indicative of potential lithium riches. The company, which is financially robust with $2.1M and no debt, is positioned for further exploration after sending 286 samples for assay and planning electromagnetic surveys for nickel, copper, and cobalt prospects. Additionally, a heritage agreement with the Ngadju Corporation supports the continued pursuit of lithium at Lake Johnston, while the sale of Queensland assets to Trigg Minerals Limited further bolsters Boadicea’s strategic position.
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