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LKY - Locksley Resources

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Locksley Resources Limited is a minerals exploration company that was incorporated in 2018 for the purpose of identifying, exploring and developing copper and gold deposits in the world class Lachlan Fold Belt of New South Wales, Australia.

Locksley has recently entered into a tenement sale agreement to acquire a 100% legal and beneficial interest in the Tottenham Project. The Tottenham Project comprises three granted exploration licences (EL 6592, EL 6656 and EL 8384) located in the Cobar-Girilambone district in Central New South Wales, which are considered prospective for gold and copper.

Locksley has also applied for three exploration licences (ELA 6213, ELA 6262 and ELA 6265) in the surrounding area of the Tottenham Project which, upon grant, will also form part of the Tottenham Project.

The Tottenham Project contains an impressive group of gold and copper assets, including an Exploration Target at the Carolina and Mount Royal prospects that Locksley intends to drill test with the intent of defining and reporting Mineral Resources. Intermediate and greenfield stage prospects include those which have been identified and copper mineralization has been intersected, but further exploration is required to prove continuity.

It is anticipated that LKY will list on the ASX during July 2021.

 
Listing date8 July 2021 #
Company contact details Ph: +61 8 94810389
Principal ActivitiesMineral exploration with a primary focus on identifying, exploring and developing copper and gold deposits in New South Wales, Australia.
GICS industry groupTBA
Issue Price$0.20
Issue TypeOrdinary Fully Paid Shares
Security codeLKY
Capital to be Raised$5,000,000
Expected offer close date23 June 2021
UnderwriterNot underwritten. Barclay Pearce Capital Pty Ltd (Lead Manager)
 
LKY up and trading... opened at 22c, just above IPO price, and holding 21-22c
 
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