Boadicea Resources non-executive shows confidence in multi-commodity exploration strategy

Boadicea Resources Ltd (ASX:BOA) non-executive director Domenic De Marco has demonstrated his faith in the company’s multi-commodity exploration strategy with an on-market share purchase. De Marco acquired 25,000 shares at 22.5 cents per share on March 30 in a direct interest, increasing the total number of shares to 360,500 – comprising 334,500 in a direct interest and 26,000 in an indirect interest. Dome-like structure at Koongulla The company has identified a dome-like feature that may represent a target for Telfer-style copper-gold mineralisation at Koongulla project in Western Australia's Paterson Province. It is relatively shallower than expected with an initial estimation of 200 metres to 250 metres of cover. Recognition of the dome feature provides a key exploration target for copper-gold mineralisation like several other key deposits within the Paterson Province. These include: Newcrest’s (ASX:NCM) Telfer (32 million ounces gold, 1 million tonnes copper); Calibre and Magnum deposits (1.6 million ounces gold, 127,000 tonnes copper, 1.2 million ounces silver) – Antipa Minerals Ltd (ASX:AZY)/Rio Tinto Ltd (ASX:RIO) JV; and Minyari (551,000 ounces gold, 22,800 tonnes copper) - Antipa.  Five exploration targets have also been identified for copper-gold mineralisation within the Koongulla tenements through airborne geophysical survey interpretation.