Symons Hill Ni-Cu Project WA (E28/1932 - 100% Boadicea) 


The Symons Hill Project is located within the Fraser Range Province of Western Australia, east of Norseman and approximately 200 kilometres southeast of Kalgoolie and covers an area of 73 square kilometres.


The company's exploration licence adjoins to the northeast, the Mining Licence hosting the world class Nova-Bollnger nickel-copper discovery. Nova-Bollinger is ownded by the Independence Group NL after it completed the $1.8 billion takeover of the previous owner, Sirius Resources, during late 2015. Interestingly, corporate activity has heightened in the Fraser Range region since the takeoverof Sirius culminating in the $20 million takeover of Winrward Resources by Independence in October 2016. As a result of this corporate activity the only independently owned Exploration Licences remaining around Nova-Bollinger held by listed exploration companies are those held by Boadicea and Matsa Resources.


Boadicea's geophysical consultants have completed processing the Moving Loop Electromagnetic (“MLEM”) geophysical data collected during December 2017 over the SH-04, SH-07, SH-12 and SH-13 Targets.


The completed MLEM program comprised surveying of an initial three (SH-07, SH-12 & SH-13) of eight priority targets located within the highly under-explored northern part of the project area (Figure 1). These targets were selected using the Company’s high quality proprietary datasets and model criteria refined from Boadicea and competitor exploration results. Importantly, the northern part of the project area (Targets SH-07 to SH-13) had previously not been subjected to detailed on-ground exploration.

The fourth target was SH-04, which is located in the southern part of the project area (Figure 1), and where the completed program was designed to follow-up MLEM anomalies defined in early 2017.


Figure 1 - Symons Hill Project - Location of priority northern targets and December 2017 MLEM survey coverage over high resolution gravity image


Results - Overview

The MLEM data has been processed by the Company’s consultants with multiple significant anomalies (conductors) being generated at the SH-12 Target.

The MLEM geophysical technique is designed to detect accumulations of minerals that will conduct an electrical charge such as sulphide nickel – copper mineralisation. This geophysical technique is used extensively in basemetal mineral exploration and was a significant contributor to the discovery of the nearby Nova-Bollinger nickel-copper mine. It must be noted however that other minerals such as barren sulphides and graphite can also generate EM anomalies and only drill testing can determine the significance of generated anomalies.

As a result of the completed survey, SH-12 has been upgraded to prospect status and named “Bell Ringer”. In addition to the encouraging results at Bell Ringer, a potentially interesting “end of line” conductor has also been generated at the SH-13 target where further MLEM surveying will now be required to determine its significance. No anomalies of significance were generated at the SH-04 and SH-07 targets.

Bell Ringer (SH-12) Prospect Results

MLEM surveying at the Bell Ringer prospect has successfully returned encouraging results with subsequent modelling of the data resulting in the identification of four conductors of various size, orientation and conductance as shown in Figure 2 and detailed in Table 1.

 Table 1 - Symons Hill Project – Bell Ringer Prospect - Details of Defined EM Conductors 

Conductor Name





Modelled Length





Modelled Depth Below Surface





Modelled Dip





Conductance (siemens)






Figure 2 - Symons Hill Project – Bell Ringer Prospect – (A) Imaged plan of Ch 34 Z component EM response showing the position of the C1 & C2 anomalies; (B) Plan of modelled conductor plates; and (C) 3D view of key C1 & C2 conductor plates.  

Based on the Nova-Bollinger deposit model, the Company is very encouraged by these results, especially in the light of coincident aeromagnetic and gravity anomalism, which was the reason the target was originally selected. It is noted that due to the depth and orientation of the defined anomalies, no surface geochemical expression would be expected.  

While there is no doubt that the generated EM anomalies warrant drill testing, the Company is currently organising some additional Electromagnetic surveying to first refine the geophysical models. This work is expected to be undertaken during February with a follow-up announcement, including results and drill target details, being made soon afterwards.