Boab Metals — Early Works Commence at Sorby Hills - Building a Silver-Lead-Zinc Mine
- Noel Ong
- 2 days ago
- 5 min read
Announcement
Boab Metals Limited (ASX: BML) has officially commenced Early Works at the Sorby Hills Silver-Lead-Zinc Project in WA’s East Kimberley (Figure 1)—moving from planning into on-ground activity and marking the formal start of mine development. The program covers site access roads, processing-plant foundations, non-processing infrastructure, and an on-site accommodation camp. Boab is fast-tracking pre-wet season site prep so major packages can mobilise in April 2026.
The first package is with a local contractor, and Sorby Hills is advantaged by Kununurra's proximity, sealed access to Wyndham Port, and a 75:25 Boab–Yuguang JV with an FID buy-out option.
Figure 1: Location of the Sorby Hills Project (source: BML)
Highlights - Creating a Silver-Lead-Zinc Mine
Scope of Early Works: site access roads, processing plant foundations, non-processing infrastructure, and the on-site accommodation camp.
Wet-season timing: clearing, topsoil relocation, and base material placement are underway now so that major infrastructure packages (processing plant, bulk earthworks, permanent camp) can launch efficiently after the wet season—April 2026.
Local execution: first Early Works package awarded via competitive tender to a locally based contractor, aligning with the company’s regional development and community-partnership focus.
Funding confidence: recent capital-raising support has enabled—and de-risked—the transition into physical construction activities.
Project context: Sorby Hills sits ~50 km from Kununurra with sealed-road access to Wyndham Port (~150 km). Boab holds 75%; Henan Yuguang Gold & Lead Co. Ltd holds 25%. Boab has an option to acquire Yuguang’s interest upon Final Investment Decision.
Simon Noon, Managing Director & CEO, commented:
“The Early Works phase signifies the formal transition from planning and design into physical construction activities, laying the groundwork for full-scale development and ultimately, the commencement of production at Sorby Hills.
The strong interest and support received from investors in the recent capital raising have provided us with both the confidence and means to commence this transition and materially de risk the project development schedule.
We look forward to providing further updates as the project advances and wish to thank all stakeholders, partners, and community members for their ongoing support as the Company moves into this exciting new phase.”
Site Works
Initial works include essential clearing, topsoil relocation, and base-layer construction for roads and pad areas (Figure 2)—practical steps that keep momentum through the wet season and allow a clean start on larger packages at its conclusion.
Figure 2: Clearing for Processing Plant with camp infrastructure in the foreground (source: BML)
Next Steps (near-term focus)
Complete the Early Works program (roads, pad preparation, services corridors, camp setup) through the wet-season window.
Mobilise major infrastructure packages—processing plant installation, bulk earthworks, and permanent accommodation—at the conclusion of the wet season (April 2026).
Continue market and community updates as the project advances.
Samso Concluding Comments
As Simon Noon explained, this is the point where talk becomes a reality. This project has taken a long time to get to a mine building stage, so let's hope that things will slowly step through its paces and make it happen for shareholders.
Figure 3: Boab Metals share price chart as of 10th November 2025. (source: CommSec)
It is not surprising to see the share price for Boab going north, and with a market value of just over AUD $114M (as of 11th November 2025), this is not a bad proposition. Silver is one of the darlings, and if you believe the market narrative, silver pricing will continue to move forward.
This release is a short market update, and let's look forward to upcoming news. For investors, I think this is a good time to get in on the ride. Look back at the news and DYOR and take your time. There are still some very observable risks on the table. This is definitely not a risk-free proposition as there are still many hurdles for management to overcome.
The Samso Way – Seek the Research
Read the source, track the milestones, and verify each step against the company’s formal disclosures.
Our mission is simple: cut through the noise and spotlight what matters—genuine stories, grounded insights, and real opportunity.
Our content is well-researched and is only created if the team sees a merit in discussing the company or concept. Investors can explore our three core platforms:
There may be numerous paths to success in investing, but the common thread among successful individuals is that they remain committed to making informed decisions. Equip yourself with the right knowledge and tools, and you will be well on your way to achieving your financial goals.
Most importantly, investors need to be absolutely diligent in understanding their own risk-reward tolerance and capabilities. Never bite off more than you can chew. As they say, Rome wasn’t built in a day, and the Great Wall stood because it took centuries to complete.
The Samso Philosophy:
Stay curious. Stay sharp. And remember—digging deeper always uncovers the real value.
In Life, there is no such thing as a Free Lunch.
Happy Investing, and the only four-letter word you need to know is DYOR.
To support our independent nature of our work, please head over to our Support Page and give us a helping hand in any of the ways listed. This is a new initiate for the Samso Platform, and it was always the concept of Samso when we started this journey in 2018.
Disclaimer
The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints.
Share to Grow: Your Bonus
Samso has just released an eBook: How to Add Value to your Share Portfolio
A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook.
If you find this article informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me at noel.ong@samso.com.au.
Samso is a trusted platform that equips dedicated investors with up-to-date industry knowledge and insights from top CEOs and thought leaders. By staying informed on business advancements and market trends, investors can enhance their financial decisions through a combination of expert guidance and their own research.
Comments