Locksley Resources Limited · ASX:LKY
Locksley Resources — IMARC International Mining and Resources Conference & Expo 2023
15 slides from Locksley Resources's conference presentation, Nov 1, 2023
Slide 1: IMARC - Mojave Rare Earth Project USA
For personal use only IMARC International Mining and Resources Conference & Expo ICC Sydney November 1, 2023 MOJAVE RARE EARTH PROJECT - USA Within 1.4km of the only producing Rare Earth Mine in USA Mountain Pass is one of the richest deposits of rare earth elements in the world
Slide 2: Disclaimer
DISCLAIMER For personal use only FOR FORWARD LOOKING COMPETENT PERSONS CAUTIONARY CONSIDERATION STATEMENTS STATEMENT STATEMENT VISUAL This presentation has been prepared by Locksley This presentation may include forward-looking The information in this document that relates to Estimates described in
Slide 3: Shareholdings
SHAREHOLDINGS SHAREHOLDER BREAKDOWN CURRENT STRUCTURE For personal use only UNIQUE REE OPPORTUNITY ASX Code LKY Highly Prospective Shares on Issue 146,666,665 REE Project Options on Issue1 18,700,000 Adjacent to the Market Capitalisation ($0.041) $6.0m Giant High-Grade Mount Pass Mine Cash at Bank (
Slide 4: Mojave Project Overview
MOJAVE PROJECT OVERVIEW For personal use only Portfolio of Rare Earths projects located in California USA Mojave Project comprises of 201 claims referred to as the El Campo Prospect and the North Block & South Block Claims are surrounded & abutting the Mountain Pass mine claims Mountain Pass is one
Slide 5: Mojave Project Overview
MOJAVE PROJECT OVERVIEW For personal use only The Mojave North Block lies just 1.4 km to the northeast of the Mountain Pass Mine Proven metallurgy & ore processing evident at the Mountain Pass Mining operations Mountain Pass is one of the highest grade REE mines in the world and the only producing f
Slide 6: Mojave Project - 12.1% TREO
MOJAVE PROJECT - 12.1% TREO For personal use only Multiple REE targets identified within claim areas Five (5) rock-chip samples initially collected at the El Campo Prospect returned high grade TREO results of 3.74% to 9.49% within a 6-metre-wide mineralised zone Stream sediment sampling returned ano
Slide 7: Rockchip – Mapping Data – El Campo
ROCKCHIP – MAPPING DATA – EL CAMPO For personal use only Surface sampling program returned very high-grade assays up to 12.1% (121,388 ppm) Total Rare-Earth Oxide (TREO’s) and 3.19% (31,940 ppm) NdPr The mapping and sampling program identified an 860m long interpreted prospective horizon associated
Slide 8: Rockchip – Mapping Data – El Campo
ROCKCHIP – MAPPING DATA – EL CAMPO For personal use only Historic prospecting pits developed on REE gossan The surface expression of the sampled gossan was seen as an oxide stain shedding down slope in detailed drone orthomosaic imagery but could not be traced further than 46m under a steep scree sl
Slide 9: Rockchip – Mapping Data – El Campo
ROCKCHIP – MAPPING DATA – EL CAMPO For personal use only South-West dipping structure Interpreted to be a pre-existing favourable structural horizon with REE rich fluids from a nearby carbonatite Higher than background radioactivity due to elevated Thorium identifies the mineralisation using simple
Slide 10: Rockchip – Mapping Data – El Campo
ROCKCHIP – MAPPING DATA – EL CAMPO For personal use only Mineralized structure dips at 45-70 degrees to the south-west Significant down dip strike extent of high-grade structure within the claims The El Campo ‘lode’ runs close to parallel to the footwall of the mapped prospective horizon 10
Slide 11: Stream Sediments – North Block
STREAM SEDIMENTS – NORTH BLOCK For personal use only Highly Anomalous TREO Results from the Stream Sediment Sampling Program Conducted Over the North Block Seven (7) stream sediment samples returned assays ranging from 0.103% to 0.26% TREO (2,600ppm) Six (6) catchment areas have been identified as p
Slide 12: REE Global Demand
REE GLOBAL DEMAND For personal use only The total demand for Rare Earth Oxides (REOs) is expected to increase from 208,250 metric tons in 2019 to a forecasted 304,678 metric tons by 2025 In 2021, the REE market was worth around $7 billion, which is projected to reach almost $15.5 billion by 2030 73%
Slide 13: Future of REE
FUTURE OF REE REE are likely to remain an important part of our future For personal use only – from quantum computing and material sciences, to medical applications and advances in green technology The growth of wind farms will continue to drive demand for neodymium and dysprosium used in wind turbi
Slide 14: Tottenham Project Overview
TOTTENHAM PROJECT OVERVIEW For personal use only RECENT DRILLING AT TOTTENHAM RETURNED UP TO 5.03% COPPER AND 0.53G/T GOLD Recent results received for 18 RC drillholes totalling 3,267m Drilling was designed to add to known resources and extend into new areas Global Inferred JORC Mineral Resource sta
Slide 15: Locksley Resources Limited
LOCKSLEY RESOURCES For personal use only LIMITED ACN 629 627 144 Mr David Ward BSc Head Geologist Locksley Resources Limited (ASX:LKY) E: david@locksleyresources.com.au W: www.locksleyresources.com.au 15
Locksley Resources — IMARC International Mining and Resources Conference & Expo 2023 on 6ix