Boadicea Resources: Completes 95pc acquisition of Koongulla Project
- Boadicea Resources has completed the 95 per cent acquisition of the Koongulla Project in the Paterson Province of northern Western Australia
- The company paid a total of $15,000 and a five per cent free carry of the costs until it decides to mine
- The Paterson Province is home to a number of world-class projects including Newcrest’s 32 million ounce Telfer gold mine
- Then the company has committed to funding $75,000 for exploration in the first year
- Exploration activities, including data review and surveys, scheduled to begin later this year
- Company shares are up 5.26 per cent and are trading for 20 cents each
