The Market Online - At The Bell

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.

lky by the numbers
More From The Market Online

Blaze Minerals fired up over discovery of significant Dinokwe copper anomaly

Blaze Minerals has discovered a significant copper-in-soil anomaly during its ongoing soil sampling campaign on the…

Alma Metals has major drilling program underway at Briggs copper project

Alma Metals has a major infill drilling program underway at its Briggs copper project in central…
The ASX Today feature image with a red bear (FALL) silhouette beside The Market Link column branding.

The ASX Today: Oz inflation still surging, all but guaranteeing more rate hikes – and more red days

Welcome to HotCopper‘s The ASX Today, it’s Wednesday in Week 18, I’m Seja Al Zaidi.

Western Ridge Resources begins exploration earthworks at Keystone project

Western Ridge Resources is preparing for the first modern exploration campaign at Keystone in Nevada in…