Boadicea Resources (ASX:BOA) has expanded its lithium portfolio with the addition of the Two Tanks and Cat Camp lithium projects in Western Australia.
The company also plans to explore these new projects for Electric Vehicle commodities of nickel, copper, cobalt, and lithium, as well as gold projects in Queensland.
The two new projects are significant due to their proximity to other lithium projects in the region and their potential for producing high-grade lithium.
The company is planning to begin drilling at the Two Tanks project in CYQ2 2023 and on-ground exploration activities at the Cat Camp project in CYQ2 2023 as well.
Following the announcement, shares of Boadicea Resources (ASX:BOA) were up 1.22%.