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Boadicea Resources Strikes Promising Lithium Prospects
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Boadicea Resources Strikes Promising Lithium Prospects

Boadicea Resources Ltd. (AU:BOA) has released an update.

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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.

For further insights into AU:BOA stock, check out TipRanks’ Stock Analysis page.

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