BOA RESOURCES LTD — Interim / Quarterly Report 2012

Jan 13, 2013

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14 January 2013

ACTIVITIES REPORT DECEMBER QUARTER 2012

Highlights

• Boadicea Resources (BOA) listed on ASX 11 October 2012.

• Boadicea Resources is the only listed exploration company whose Symons Hill licence adjoins the licence of Sirius Resources Nova Nickel–Copper discovery.

• A geological review of past exploration by Boadicea Resources and other exploration companies at Symons Hill has revealed areas of anomalous Nickel within our licence.

• An extensive soil sampling program covering the entire Symons Hill licence has recently been completed.

• Geological investigations have commenced on our Leonora projects at Murrin Murrin and Calypso.

• A Prospectus is being finalized for a one for one option issue at one cent per option.

Boadicea Resources Ltd. ACN 149 582 687 Suite 2, 25 Koornang Rd. Carnegie, Victoria 3163 Australia. Phone: +61 3 95693467 Fax: +61 3 95723762 E: cdudley@access.net.au

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Symons Hill Project

Boadicea Resources Symons Hill Project in the Fraser Range is located immediately adjacent to the Nova discovery of Sirius Resources.

The Symons Hill Project is east of Norseman and approximately 200 kilometres southeast of Kalgoorlie in Western Australia, and covers an area of 123 square kilometres.

The Fraser Range has received a significant upgrade in its prospectivity with the discovery of the Nova Nickel-Copper discovery by Sirius Resources.

Boadicea Resources has obtained a copy of the publicly available geochemistry via WAMEX and reviewed the data and its relevance to Boadicea’s planned exploration at Symons Hill. The data has been plotted on available aeromagnetics and a number of interesting areas and anomalous Nickel values within the Boadicea licence have been identified.

Boadicea Resources has recently completed an extensive soil sampling program of approximately 600 samples covering the entire Symons Hill licence. This sampling will follow up on the anomalous areas defined to date. Analytical results and interpretation are expected by the end of February 2013.

Murrin Murrin Project

Boadicea Resources Murrin Murrin Project comprises a number of Mining and Prospecting licences located east of Leonora in Western Australia.

An extensive search of past exploration reports has recently been completed which indicates that modern, systematic exploration has not been undertaken over these licences.

The prospectivity of the area is evidenced by numerous shallow historic workings and the recent announcement by Kumarina Resources Ltd of significant gold intersections at their Malcolm/Challenger project approximately 7 kilometres to the north of our licences.

A field trip to geologically map the licences is proposed in the next quarter which will form the basis of a detailed soil and rock chip sampling program.

Calypso Project

The Calypso Project comprises three prospecting licences located 22 kilometres east of Leonora in Western Australia.

Boadicea has commenced data compilation whereby past drilling results by previous exploration companies are being digitized in order to produce a 3D model for evaluation and proposed drilling program.

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Corporate

Boadicea Resources was listed on ASX on 11 October 2012 and became one of the best performing floats of 2012.

The Company is in the final stages of completing a Prospectus for a one for one Option Issue at one cent to all shareholders at a record date to be announced.

Competent Person: The comments regarding the geology, prospectivity and exploration results, in this report, have been made and/or reviewed by Simon Coxhell and Bruce Uren (Members of Australasian Institute of Mining and Metallurgy), who are consultants for Boadicea Resources Ltd. Mr Coxhell and Mr Uren have sufficient experience, relevant to the style of mineralization and type of deposit under consideration and to the activity which they have undertaken to qualify as Competent Persons as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) and consent to the inclusion in this report of the matters reviewed by them in the form and context in which they appear.

For further information please contact:

Clarke Dudley Managing Director