2021 AGM - Managing Director Presentation

ersonal use only

Boadicea Resources Ltd

Corporate Presentation

AGM Presentation

12 NOVEMBER 2021

ASX: BOA

November 2021

DISCLAIMER

Forward Looking Statements

This presentation is not an offer for financial products in any jurisdiction or a financial product recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions in connection with any acquisition of financial products, investors should rely on their own examination of Boadicea Resources Ltd ("Boadicea" or the "Company") and consult with their own legal, tax, business and/or financial advisers.

onlyThe information contained in this presentation has been prepared in good faith by the Company. However, no representation or warranty expressed or implied is made as to the accuracy, correctness, completeness or adequacy of any statements, estimates, opinions or other information contained in this presentation. To the maximum extent permitted by law, Boadicea, its directors, officers, employees and agents disclaim liability for any loss or damage which may be suffered by any person through the use or reliance on anything contained in or omitted in this presentation.

Certain information in this presentation refers to the intentions of Boadicea, but these are not intended to be forecasts, forward looking statements or statements about future matters for the purposes of the Corporations Act or any other applicable law. The occurrence of events in the future are subject to risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to differ from those referred to in this presentation. Accordingly, Boadicea, its directors, officers, employees and agents do not give any assurance or guarantee that the occurrence of the events referred to in this presentation will actually occur as contemplated.

Competent Persons Statements

useThe information in this presentation that relates to Exploration Results for the Western Australian based projects was compiled by Mr. G. Purcell and Mr J. Reynolds. Mr Purcell is a member of the Australian Institute of Geoscientists, and is a part time consultant and non executive director to Boadicea. Mr J. Reynolds, is the Managing Director of the Company and is a Member of the Australian Institute of Mining and Metallurgy (Membership number 203138). Mr. Purcell and Mr Reynolds have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves'. Mr. Purcell and Mr Reynolds consents to the inclusion in the Report of the matters based on the information in the form and context in which it appears.

The information in this release that relates to Geophysical Results is based on information compiled by Karen Gilgallon, Principal Geophysicist at Southern Geoscience ersonalConsultants. Karen Gilgallon is a Member of the Australasian Institute of Geoscientists (AIG) and has sufficient experience which is relevant to the style of mineralisation and type

of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Karen Gilgallon consents to the inclusion in the release of the matters based on this information in the form and context in which it appears.

ASX Listing Rule 5.23.2 Statement

The Company is not aware of any new information or data that materially affects the information included in the relevant market announcement(s) and, in the case of estimates of mineral resources or ore reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement(s) continue to apply and have not materially changed.

Boadicea Resources Ltd

2

SET, READY, GROW

	SET	BOA main projects are located in WA's Fraser Range (nickel); Paterson
	
only	Province (gold/copper); and in Qld's Charters Towers / Drummond Basin
region (gold); Croydon	Province (lithium, gold, tin, tantalum potential).
	READY
		$4.9m cash with increased share liquidity
		Potential $50m payday (plus 0.75% NSR Royalty) - IGO - Fraser Range
		BOA exploration activity and footprint increasing - Fraser Range, Paterson
use	Province, Drummond Basin and Croydon Province
	GROW
		Significant progress - IGO exploration of nine (9) BOA Fraser Range
		tenements
		 Orion and other intrusions on Symons Hill - "eye" feature on Transline	BOADICEA PROJECT LOCATIONS
		Koongulla (Paterson Province) identified a 'Telfer like' dome structure
ersonal	 High priority target for gold / copper mineralisation
		 Land access agreed and additional tenement
		Qld Croydon Province - Lithium exploration with Hanns Gully application
		Qld Drummond Basin - Clarke Reward (granted) and Mt Carmel (application)
		 Attractive, unexplored for intrusive related gold
					3
	Boadicea Resources Ltd	November 2021

THE RIGHT GROWTH COMMODITIES

EV METALS

GOLD

BOA's POSITION

BOA's POSITION

BOA's POSITION

BOA's POSITION

BOA's POSITION

11 Fraser Range licences

 Patterson Province

 11 Fraser Range licences

 Hanns Gully application

 Patterson Province (WA)

only

2

 885km

2

 836km

2

 296km

2

 Drummond Basin region (QLD)

836km

Multiple Targets

 Koongulla Dome - Telfer look-

 Free carried IGO exploration

 Untested greisen lithium

 1,216km2 (incl. Cu Area)

Free carried IGO exploration

alike

 By-product of Ni exploration

target

 Multiple targets

Potential $50m payday (IGO)

 Exploring large scale Au-Cu

 Tin, gold, tantalum potential

WHERE TO NEXT

WHERE TO NEXT

WHERE TO NEXT

WHERE TO NEXT

WHERE TO NEXT

 Highly exposed to EV growth

 Highly exposed to EV growth

 Highly exposed to EV growth

 Highly exposed to EV growth

 Forecast price growth with

 Demand growth of 5.2x

 Demand growth of 5.5x

 Demand growth of 1.5x

 Demand growth of 5.3x

inflationary concerns

use

Current prices at 5 year highs

 Current prices at 5 year highs

 Supply constraints

 Large supply / demand gap

 Wealth preservation role



 Possible supply deficit 2025

forecast

 Rarely experienced price dip

NICKEL price (US$/t)

COPPER price (US$/t)

COBALT price (US$/t)

GOLD price (US$/Oz)

LITHIUM price (US$/t)

2016 - 2021

2016 - 2021

2016 - 2021

2017 - 2021

2016 - 2021

Lithium Carbonate Price

4

Boadicea Resources Ltd

November 2021

ersonal

FRASER RANGE

only
use
	Symons Hill Location
ersonal
	White Knight Location

Transline Tenement Location

Southern Hills / Fraser South Location

Boadicea Resources Ltd

November 2021

5