Boab Metals Limited (ASX:BML)

Boab Metals: Advancing Toward Near-Term Lead, Silver Production in Western Australia


Boab Metals (ASX:BML) is a base and precious metals explorer and developer progressing toward a final investment decision (FID) on its Sorby Hills project, a world-class lead-silver deposit. Boab Metals is poised to capitalize on the rising demand for lead and silver, delivering value to shareholders and supporting the global transition to sustainable energy systems.

The Sorby Hills project is strategically located 150 km from Wyndham Port providing access to excellent infrastructure, and green power from the Ord River hydroelectric plant. Boab Metals combines technical expertise, sustainable practices, and robust financial planning to advance the Sorby Hills project, which is slated to produce high-grade lead-silver concentrate through conventional open-pit mining.

Location map of Boab Metals' Sorby Hills project

Boab Metals owns 75 percent of the Sorby Hills Project, with the remaining 25 percent held by Henan Yuguang Gold & Lead Co., China's largest lead smelting and silver producer. The project boasts a substantial, high-quality resource base of 47.3 million ton resource base at 4.3 percent lead equivalent (123 g/t silver equivalent), including 53 million ounces of contained silver, all with significant exploration upside.

Company Highlights

  • Boab Metals is an ASX-listed base and precious metals explorer and developer with a flagship project poised for near-term production.
  • The Sorby Hills project, Boab’s flagship asset, boasts a high-quality 47.3 Mt resource at 4.3 percent lead equivalent (123 g/t silver equivalent), including 53 Moz contained silver, and is in Western Australia, 50 km northeast of Kununurra.
  • Strong economics underpin the project with an NPV (8 percent) of AU$411 million and an IRR of 37 percent, as confirmed by the completed FEED study. Life-of-mine operating cash flow of AU$1.1 billion with an average annual EBITDA of AU$126 million. Competitive C1 cash cost of US$0.36/lb payable lead (after considering silver credits).
  • Binding offtake and prepayment agreements with Trafigura.
  • Access to green hydroelectric power and existing environmental approvals enhance the project’s sustainability credentials and support reduced operational costs.
  • Committed to community engagement, Boab Metals fosters strong relationships with local stakeholders and supports regional development initiatives.
  • Expert leadership with a proven track record in exploration and development of mining assets

This Boab Metals profile is part of a paid investor education campaign.*

Click here to connect with Boab Metals (ASX:BML) to receive an Investor Presentation

BML:AU
The Conversation (0)
Boab Metals Limited

Boab Metals Limited

Advancing toward near-term lead and silver production in Western Australia

Advancing toward near-term lead and silver production in Western Australia Keep Reading...
Extension of Option to Acquire 100% of Sorby Hills

Extension of Option to Acquire 100% of Sorby Hills

Boab Metals Limited (BML:AU) has announced Extension of Option to Acquire 100% of Sorby HillsDownload the PDF here. Keep Reading...
EPBC Approval Granted for Sorby Hills

EPBC Approval Granted for Sorby Hills

Boab Metals Limited (BML:AU) has announced EPBC Approval Granted for Sorby HillsDownload the PDF here. Keep Reading...
Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

Boab Metals Limited (BML:AU) has announced Quarterly Activities/Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...
Completion of Capital Raising

Completion of Capital Raising

Boab Metals Limited (BML:AU) has announced Completion of Capital RaisingDownload the PDF here. Keep Reading...
A$6 Million Placement to Advance the Sorby Hills Project

A$6 Million Placement to Advance the Sorby Hills Project

Boab Metals Limited (BML:AU) has announced A$6 Million Placement to Advance the Sorby Hills ProjectDownload the PDF here. Keep Reading...
Silver and copper bars with "5 Top Canadian Mining Stocks" text overlay.

Top 5 Canadian Mining Stocks This Week: Honey Badger Silver Shines with 63 Percent Gain

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.On Monday (April 27), the Canadian government and Prime Minister Mark Carney announced the creation... Keep Reading...
Lynette Zang, gold and silver bars.

Lynette Zang: Silver Fuse, Gold Anchor — This Currency Lifecycle is Ending

Lynette Zang, founder and CEO of Zang International, explains what gold and silver are saying about the world today, noting that while spot prices for the precious metals are down, they are on track to eventually assume their true fundamental value. "What I really want people to understand is... Keep Reading...
Stacks of shiny silver bars labeled "fine silver" and "999" purity.

ASX Silver Stocks: 5 Biggest Companies in 2026

Investor interest in primary silver-mining stocks is high in 2026 alongside the silver price, which rose to new records of AU$171.85 and US$121.82 in late January.Silver's recent performance is supported by its dual role as a precious and industrial metal.Economic and geopolitical uncertainty in... Keep Reading...
Two silver bars rest on a blue background with white financial chart lines; text reads: FINE SILVER 999.9.

Silver Institute: Sustained Supply Deficit Exposes Market to Squeezes

The global silver market is entering its sixth consecutive year of a supply deficit, but the underlying mechanics of the shortage have fundamentally shifted. According to the Silver Institute’s latest World Silver Survey, produced alongside London-based consultancy Metals Focus, the market will... Keep Reading...
Silver bars, coins, calculator, pen and US dollars arranged on a wooden table.

Silver Price Update: Q1 2026 in Review

Silver achieved the hitherto unthinkable feat of triple-digit prices in the first quarter of 2026.The rise came as the silver market benefited from both expanding industrial uses and strong safe-haven demand. However, economic and geopolitical uncertainty brought about by the US-Iran war, as... Keep Reading...

Interactive Chart

Latest Press Releases

Related News