Locksley Resources Limited · ASX:LKY
Locksley Resources — CLSA Australia Exploration Access Day 2022
25 slides from Locksley Resources's conference presentation, June 2022
Slide 1: Reviving Tottenham
Carolina Mine Circa 1900 REVIVING TOTTENHAM LOCKSLEY RESOURCES LIMITED June 2022 ACN 629 627 144 CLSA Australia Exploration Access Day
Slide 2: Disclaimer
2 Disclaimer For Consideration This presentation has been prepared by Locksley Resources Limited (“Locksley Resources”). This document contains background information about Locksley Resources current at the date of this presentation. The presentation is in summary form and does not purport to be all
Slide 3: Summary
3 Summary • Australian exploration company with the purpose of identifying and assessing resource opportunities within Australia • Focused on the exploration and development of the mineral resources at Tottenham NSW within the highly prospective Lachlan Fold Belt. • Historic Production from the Boga
Slide 4: Corporate Overview
4 Corporate Overview Shareholder Breakdown Locksley Resources listed on the ASX in July 2021 (July 2021) ASX Code LKY Shares in Issue 56,000,001 Options in Issue 9,000,000 Market Capitalisation ( $0.15 ) $8.4m Cash at Bank (31 Mar 2022) $2.33m Freehold Property Ownership $100,000 Enterprise Value (3
Slide 5: Tottenham Project
5 Tottenham Project • Located in the highly prospective Lachlan Fold Belt, central NSW • Infrastructure in place. Access by sealed roads and unsealed shire roads. Rail access to Tottenham. Town with grid power, sealed airstrip, school, police, hospital. • Multiple Known Deposits 4 Granted Exploratio
Slide 6: Highly Prospective Lachlan Fold Belt & Tottenham district
6 Highly Prospective Lachlan Fold Belt & Tottenham district CSA Mine 2 Resources 434kt Cu & 5.8Moz Ag MT BOPPY GOLD 7 Production c. 50Ktpa Cu Production – 41koz Au TRITTON COPPER OPERATIONS 10 Resources. 584kt Cu, 336koz Au & 5Moz Ag Production Guidlines FY22 – 19kt Cu PEAK GOLD OPERATIONS 3 Resourc
Slide 7: Beshhi Type Cu/Au/Zn/Ag Deposits
7 Beshhi Type Cu/Au/Zn/Ag Deposits TOTTENHAM DEPOSITS are considered to be Besshi - Type sulphide Cu-Au-Zn deposits, modified by deformation. These are named after deposits on the southern Japanese island of Shikoku. The mineralisation is typically copper-rich with lesser zinc, silver, gold and coba
Slide 8: Tottenham Project
8 Tottenham Project Multiple prospects have returned copper-gold intersections that require further testing. Majority of drilling has targeted shallow oxide deposits only. Significant results include: Bogan River 16m @ 6.94% Cu from 3m (TPRC043) Ace 2m @ 1.26% Cu from 25m (ACRC002) Jimmy Woodser 24m
Slide 9: Tottenham Mineral Resource Estimate June 2022
9 Tottenham Mineral Resource Estimate June 2022 Deposit Oxidation State Tonnes (Mt) Cu (%) Au( g/t) Ag (g/t) Cu (kt) Au (koz) Ag (koz) Oxide 0.13 0.63 0.10 1.21 0.8 0.4 5.1 Transitional 0.25 1.15 0.38 1.22 2.9 3.1 9.8 Carolina Fresh 2.31 1.11 0.41 1.33 25.6 30.4 98.8 Subtotal 2.68 1.09 0.39 1.31 29.
Slide 10: Carolina Deposit
10 Carolina Deposit Carolina is the most consistently mineralised deposit, containing significant intersections such as: • 20m @ 2.1% Cu, 0.4g/t Au from 10m (CLRC004) • 2.18m @11.2% Cu, 2.8g/t Au from 184.6m (TMD002) • 1.35m @11.3% Cu, 2.1g/t Au from 236.9m (TMD015) • 4.19m @ 5.7% Cu, 1.6g/t Au from
Slide 11: Carolina Deposit
11 Carolina Deposit Carolina Resource at 0.3% Cu cut off: 2.68Mt at 1.09% Cu, 0.39 g/t Au & 1 g/t Ag for 29kt Cu and 33koz Au & 109koz Ag Infill drilling required to the south. Deposit remains open to the north and at depth. Visual validation of drill holes against model grade, long section looking
Slide 12: Mount Royal - Orange Plains Deposit
12 Mount Royal - Orange Plains Deposit Largest historic mine in the field with workings to 106.5m, (350’). Site of the main historic smelter. 55km railway extension built from Tullamore to service this mine in 1916, remains in place. Mt Royal Mine and Smelter c1919 (Tottenham Historical Society)
Slide 13: Mount Royal - Orange Plains Deposit
13 Mount Royal - Orange Plains Deposit Bogan River Mineralisation occurs as west plunging sulphide ribbons with significant extension Mt Royal Chris Watson potential. EM and Drilling indicate two Orange Plains more potential sulphide ribbons. Prime target for additional resources. Tottenham area, %m
Slide 14: Mount Royal - Orange Plains Deposit
14 Mount Royal - Orange Plains Deposit JORC 2012 Compliant Resource Bogan River at 0.3% Cu cut off Mount Royal 7.18Mt at 0.58% Cu, 0.15g/t Au Chris Watson & 2g/t Ag for 41.6kt Cu and Orange Plains 34koz Au & 402koz Ag. Tottenham area, drilling and resource domains (Source: SnowdenOptiro)
Slide 15: Bogan River Mine
15 Bogan River Mine Bogan River is a high grade, historic mine, 2km north of Tottenham. Mine developed to 70m vertical. Area faulted continuation of Mount Royal Deposit. Mineralisation disrupted by N-S faulting. All drilling north directed, hence faulting poorly located. Much of the historic drillin
Slide 16: Jimmy Woodser
16 Jimmy Woodser Jimmy Woodser is a historic mine, 6km east of Tottenham. Abundant azurite, malachite, tenorite, pyrite, chalcopyrite, bornite on mine dumps. Malachite in former railway cutting to east of North Shaft. Broad low grade intercepts in all 7 previous drill holes. Mineralisation as dissem
Slide 17: Ace Mine
17 Ace Mine The Ace Mine is a historic mine 3km south of Tottenham. Workings developed to 98m. No drilling since shallow RC in 2000, before EM surveys. Historic RC tested immediately about old workings for oxide material. Strong untested EM conductor below previous drilling. Priority diamond drill t
Slide 18: Carolina to Larkins
18 Carolina to Larkins Continuous 10km long zone of coincident magnetic and airborne VTEM anomalies to the north of the Carolina Deposit. Area largely under cover. Very sparsely tested with deepest hole only 138m. Drilling problems forced this hole to be abandoned before reaching target depth. Total
Slide 19: Burdenda
19 Burdenda Anomalous Geochemistry Magnetic and electromagnetic (EM) anomalies present on EL6656 under cover. Area along trend from Carolina and Larkins prospects. Previous hole TMAC045 returned elevated copper and zinc with 10m @ 460ppm Cu from 12m & 4m @ 383ppm Cu from 28m. Drilling delayed by flo
Slide 20: CZ Deposit Depth Extensions
20 CZ Deposit Depth Extensions The CZ Deposit (Helix) lies just to the west of Locksley’s EL8384, 35km NW of Tottenham and has a current announced resource of 2.03 Mt @ 2.0% Cu, 0.3g/t Au (HLX ASX release 11 June 2019, Interim Maiden Resource at Collerina Copper Project) The currently defined deposi
Slide 21: Airborne EM Survey
21 AIRBORNE EM SURVEY Airborne electromagnetic, (EM), surveys have been highly successful in locating sulphide copper deposits in the region such as Tritton and Constellation. Prospective trend between Tottenham and CZ Deposit obscured by recent cover. Surveys can detect sulphide bodies up to 300m b
Slide 22: Pipeline of Prospects
22 Pipeline Tottenham Project is in the highly prospective of Prospects Lachlan Fold Belt, Cobar-Girilambone district… PRODUCTION DEVELOPMENT BOGAN RIVER - MOUNT ROYAL – ORANGE PLAINS, CAROLINA SCOPING, FEASIBILITY & RESOURCE DEFINITION Ace Mine, Nelson Mine, Underlay Mine, Effies Ace Mine, Jimmy Wo
Slide 23: Locksley Resources Limited
Drilling TORC017 October 2021 23 Contact LOCKSLEY RESOURCES LIMITED ACN 629 672 144 Mr Stephen Woodham Managing Director Locksley Resources Limited M – +61 417 293 449 E – woodhams@locksleyresources.com.au W – https://locksleyresources.com.au/
Slide 24: Appendix A – Regional Producers and Deposits
24 APPENDIX A – Regional Producers and Deposits Locksley Resources 1 PEEL MINING LTD 6 TRITTON COPPER OPERATIONS 10 • www.locksleyresources.com.au • www.peelmining.com.au • www.aerisresources.com.au • ASX annoncement – 1 April 2022 • ASX annoncement – 29 November 2021 • ASX annoncements – 3 August 2
Slide 25: Historic ASX Announcements
25 Historic ASX Announcements Exploration Update ASX: LKY 1 April 2022 9.8Mt RESOURCE AT TOTTENHAM ASX: LKY 1 April 2022 QUARTERLY ACTIVITIES REPORT AND APPENDIX 5B ASX: LKY 31 January 2022 EXPLORATION UPDATE ASX: LKY 19 January 2022 TOTTENHAM DRILLING RESULTS SUPPORT RESOURCE DEFINITION A
Locksley Resources — CLSA Australia Exploration Access Day 2022 on 6ix