BOA Resources (ASX: BOA) - Ricci Lee Copper Drilling Results, the Cash Position and the 12 October Vote
BOA Resources (ASX: BOA) has reported copper assays from 23 of its 46 drill holes at Ricci Lee in Western Australia, and the BOA share price has risen 57 per cent since 18 September. The company had A$2.43 million in cash at 30 June 2026, its auditor has noted a funding uncertainty, and shareholders vote on 12 October on full ownership of the project.
BOA Resources is a copper explorer in the Murchison region of Western Australia. An explorer is a company that searches for mineral deposits. BOA closed at 13 cents on 14 October 2026, against 2.1 cents two years earlier. Copper futures are 55 per cent higher than two years ago, and BOA has just reported drilling results from Ricci Lee. That is why Samso is looking at the company now.
All prices in this piece are as at the close of ASX trading on 14 October 2026. Global prices for copper are taken at the same time.
The BOA Resources Story
BOA listed on the ASX in October 2012 as Boadicea Resources and took its present name in December 2024 [R1]. It explored for nickel and lithium in Western Australia before it moved into copper.
