Join our daily newsletter At The Bell to receive exclusive market insights
- Locksley Resources (LKY) resumes drilling at its Tottenham project in central New South Wales
- The program includes up to 10 reverse circulation (RC) drill holes covering around 2000 metres
- It will target and test the Laceys Tank prospect, Jimmy Woodser mine, Chris Watson deposit, Orange Plains mine and Bogan River mine
- Drilling will target significant electromagnetic (EM) anomalies and test Tottenham mineral resource extensions
- Locksley Resources shares are trading grey at 6 cents at midday AEDT
Locksley Resources (LKY) has resumed drilling at its Tottenham project in central New South Wales.
The program includes up to 10 reverse circulation (RC) drill holes for around 2000 metres across the Laceys Tank prospect, Jimmy Woodser mine, Chris Watson deposit, Orange Plains mine and Bogan River mine.
Locksley aims to target significant electromagnetic (EM) anomalies and test Tottenham mineral resource extensions.
At the Jimmy Woodser mine, drilling will test shallow mineralisation about historic workings, an EM anomaly down plunge to the northeast of the old workings, and a 2022 HeliTEM anomaly footwall to the old workings.
At the Orange Plains mine, drilling will test below a shallow intercept of 0.32 per cent copper, 0.20 grams per tonne (g/t) gold, and 3.16 per cent zinc from 38 metres.
Locksley will test the east end of a major historic EM anomaly at the Chris Watson deposit.
At the Bogan River mine, drilling aims to provide resource infill data surrounding hole TPRC0431, which returned 23 metres at 3.39 per cent copper from three metres.
Finally, at Laceys Tank, drilling will test HeliTEM anomalies from a 2022 survey and below prospecting pits along a mineralised fault zone.
Locksley Resources shares were trading grey at 6 cents at midday AEDT.
