Recent downhole electromagnetic (DHEM) surveying at Locksley Resources Limited’s Tottenham Copper Project, near the township of Tottenham in New South Wales, has identified strong off‐hole conductors from drillholes TORC024 and TORC029.
These responses, observed outside the existing Orange Plains – Mount Royal mineral resource, support the concept of a new mineralised ribbon or horizon that may represent a previously unknown third mineralised zone.
The Tottenham Project currently has a JORC (2012) compliant inferred resource of 9.86Mt at 0.72 per cent Cu and 0.22g/t Au across the Carolina and Mount Royal – Orange Plains deposits.
The identified conductors coincide with a parallel magnetic anomaly to the south‐east of the current resources, further indicating the potential for a significant resource expansion.
