Locksley Resources Limited · ASX:LKY
Locksley Resources — Investor Presentation (April 2022)
26 slides from Locksley Resources's investor presentation, Apr 1, 2022
Slide 1: Locksley Resources Limited April 2022
For personal use only Carolina Mine Circa 1900 LOCKSLEY RESOURCES LIMITED APRIL 2022 ACN 629 627 144
Slide 2: Disclaimer
2 Disclaimer For personal use only 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
Slide 3: Disclaimer: Competent Persons Statement
3 Disclaimer For personal use only Competent Persons Statement The information in this report related to Exploration Results is based on information compiled by Ian Cooper BSc(Hons) BE(Mining) MSc, MAUSIMM, (member # 106609). Mr Cooper has over 35 years’ experience in the mineral and mining industry
Slide 4: A Team That Delivers
4 A Team That Delivers Passionate management with a track-record of generating shareholder returns… For personal use only Steve Woodham Adam Giles Steve Brockhurst Ian Cooper Managing Director Non Executive Chair Non Executive Director Operations Manager • Mr Woodham has over 30 years’ • Adam was th
Slide 5: Executive Summary
5 Executive Summary Project is in the highly prospective Lachlan Fold Belt, Cobar-Girilambone district… For personal use only • Australian exploration company with the purpose of identifying and assessing resource opportunities within Australia • Focused on the exploration and development of the min
Slide 6: Corporate Overview
6 Corporate Overview Shareholder Breakdown For personal use only (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 Dec 2021) $2.84m Freehold Property Ownership $100,000 Enterprise Value (31 Dec 2022) $5.5m
Slide 7: Tottenham Project Overview
7 Tottenham Project For personal use only Overview • Australian mineral exploration company • Focused on the exploration and development of Copper & Gold Deposits • Located in the highly prospective Lachlan Fold Belt, NSW • Multiple Known Deposits 4 Granted Exploration Licences • 470km2 Land Package
Slide 8: Highly Prospective Lachlan Fold Belt & Tottenham district
8 Highly Prospective Lachlan Fold Belt & Tottenham district For personal use only 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 GOL
Slide 9: Tottenham Project 50km of prospective horizon
9 Tottenham Project 50km of prospective horizon For personal use only Multiple historic prospects have been drilled and returned encouraging copper-gold intersections that require further testing. Significant results include: Bogan River 16m @ 6.94% Cu from 3m (TPRC043) Ace 2m @ 1.26% Cu from 25m (A
Slide 10: Besshi Type Cu/Au/Zn/Ag Deposits
10 Beshhi Type Cu/Au/Zn/Ag Deposits For personal use only Tottenham Deposits are considered to be Besshi - Type sulphide Cu-Au-Zn deposits, modified by deformation. Besshi - Type deposits are named after deposits on the southern Japanese island of Shikoku. The mineralisation in these systems is typi
Slide 11: Tottenham Resource 2022
11 Tottenham Resource 2022 For personal use only Prospect Tonnes (Mt) Cu (%) Cu (kt) Au (g/t) Au (koz) Ag (g/t) Ag (koz) Carolina 2.68 1.1 29.2 0.4 33 1 109 Mount Royal 7.18 0.6 41.6 0.2 34 2 402 Total 9.86 0.7 71 0.2 66 2 511 Tottenham, inferred mineral resource estimate above a 0.3% Cu cutoff. Not
Slide 12: Carolina Deposit
12 Carolina Deposit For personal use only 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.
Slide 13: Carolina Deposit
13 Carolina Deposit For personal use only Carolina Resource of; 2.68Mt at 1.1% Cu, 0.4 g/t Au & 1 g/t Ag for 29.2Kt Cu and 33koz Au & 109koz Ag. Deposit remains open to the north and at depth. Visual validation of drill holes against model grade (Source: SnowdenOptiro)
Slide 14: Mount Royal - Orange Plains Deposit
14 Mount Royal - Orange Plains Deposit For personal use only Largest 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 for grain transport. Mineralisation occurs as west plun
Slide 15: Mount Royal - Orange Plains Deposit
15 Mount Royal - Orange Plains Deposit For personal use only JORC 2012 Compliant Resource 7.18Mt at 0.6% Cu, 0.2g/t Au & 2g/t Ag for 41.6kt Cu and 34koz Au & 402koz Ag. Tottenham area, drilling and resource domains
Slide 16: Bogan River Mine
16 Bogan River Mine For personal use only 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 o
Slide 17: Jimmy Woodser
17 Jimmy Woodser For personal use only 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. Be
Slide 18: Ace Mine
18 Ace Mine For personal use only 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. Strong untested EM conductor below previous drilling that may be along stri
Slide 19: Carolina to Larkins
19 Carolina to Larkins For personal use only 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. Total magnetic intensity background with interpreted VTEM anomal
Slide 20: Burdenda
20 Burdenda For personal use only Anomalous Geochemistry Magnetic and electromagnetic (EM) anomalies present on EL6656. Area along trend from Carolina and larkins prospects. Previous hole TMAC045 returned elevated copper and zinc with 10m @ 460ppm Cu from 12m and 4m @ 383ppm Cu from 28m. Drilling in
Slide 21: CZ Deposit Depth Extensions
21 CZ Deposit Depth Extensions For personal use only The adjoining tenement 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 Copp
Slide 22: Locksley's Growth Strategy
22 Locksley’s Growth Strategy For personal use only Organic / Exploration Growth • Multiple Geophysics Anomalies • Multiple Exploration Targets • Significant exploration potential, with resources that remain open • Active Exploration Program for 2022, including, airborne EM, gravity surveys, air-cor
Slide 23: Pipeline of Prospects
23 Pipeline Project is in the highly prospective Lachlan of Prospects Fold Belt, Cobar-Girilambone district… For personal use only PRODUCTION BOGAN RIVER - MOUNT ROYAL – ORANGE PLAINS, DEVELOPMENT CAROLINA SCOPING, FEASIBILITY & RESOURCE DEFINITION Ace Mine, Nelson Mine, Underlay Mine, Effies Ace Mi
Slide 24: Contact
24 Contact For personal use only 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
Slide 25: Appendix A – Regional Producers and Deposits
25 APPENDIX A – Regional Producers and Deposits For personal use only 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 ann
Slide 26: Historic ASX Announcements
26 Historic ASX Announcements For personal use only ❖ Exploration Update ASX: LKY 1 April 2022 ❖ 9.8Mt RESOURCE AT TOTTENHAM ASX: LKY 1 April 2022 ❖ QUARTERLY ACTIVITIES REPORT AND APPENDIX 5B: LKY 31 January 2022 ❖ EXPLORATION UPDATE: LKY 19 January 2022 ❖ TOTTENHAM DRILLING RESULTS SUPPORT RESOURC
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