Boab Metals (ASX: BML)

Boab Metals released an updated presentation in advance of their participation in the Diggers and Dealers Mining Conference held in Kalgoorlie, WA.

The presentation has been updated to include the newly acquired strategically located Manbarrum Zinc-Lead-Silver Project.

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Boab Metals	ASX: BML
Stage	Exploration + development
Metals	Lead, silver, zinc
Market Cap	A$58m @ 38c
Location	East Kimberley, WA, Northern Territory

 

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Boab Metals Issue an Updated Corporate Presentation

 

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Boab Metals (ASX: BML) released an updated presentation in advance of their participation in the Diggers and Dealers Mining Conference held in Kalgoorlie, WA.

The presentation has been updated to include the newly acquired strategically located Manbarrum Zinc-Lead-Silver Project, located close to their Sorby Hill development project at Sorby Hill, Western Australia.

 

Boab Metals Manbarrum Project

The Manbarrum Project is located within the Northern Territory, 25 km east of Boab’s flagship Sorby Hills Project . Both the Sorby Hills and the Manbarrum projects will soon be accessible all year round via a heavy duty sealed road currently under construction from the town of Kununurra, Western Australia.

 

Boab Metals management comments

“The acquisition of the Manbarrum asset is both a logical step and exciting strategic opportunity for the Company to grow its Resource base and further establish itself as a long-term mineral producer and economic contributor to the Kimberley region.

“The synergies between Manbarrum and Sorby Hills are clear. The location of Manbarrum with respect to Sorby Hills and its genetic relation to Sorby Hills will allow for the systematic exploration and economic evaluation of a highly prospective and underexplored geological domain.

“While our near-term focus will remain squarely on bringing Sorby Hills into production, the Company looks forward to exploring opportunities to leverage our experience at Sorby Hills to fully realise the value adding potential of the Manbarrum Project.”

Boab Managing Director and CEO, Mr Simon Noon

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For brevity, this summary has been redacted, to read the full Boab Metals news release, please click HERE

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Disclosure

At the time of writing the author holds shares in Boab MEtals bought in the market at the prevailing price on the day of purchase.

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