Locksley Resources outlines copper expansion plan for Greater Tottenham district in NSW
Locksley Resources announced a growth strategy that will develop its 9.86 Mt Tottenham copper resource in New South Wales. The plan combines existing reserves with new exploration targets to increase production across the region.
First reported 1 hour ago · latest update 1 hour agoThe combined Greater Tottenham project sits within the Girilambone Basin of the well-known Lachlan Fold Belt, a region that hosts some of NSW’s most significant copper and gold operations. With neighbours including the Cobar mining district and the Tritton and Mineral Hill operations, Locksley finds itself in a postcode with a serious mining pedigree.
The renewed copper push follows Locksley’s recent decision to pull the pin on further exploration at its Mojave critical minerals project in California, where a sharp 57 per cent collapse in antimony prices and disappointing geological continuity prompted a rethink.
Rather than pouring more money into its Desert Antimony Mine and El Campo rare earths prospects, the company has opted to preserve its US claims at minimal cost and redirect its firepower towards opportunities with greater commercial potential.
With its Australian copper ambitions now firmly in the spotlight, Locksley has traded the uncertainty of early-stage US exploration for an established NSW copper resource, a swag of promising drill targets and a sizeable stretch of largely underexplored ground. If the next round of drilling can turn some of those targets into additional tonnes, Greater Tottenham could provide the company with a compelling springboard into Australia’s copper development ranks.
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Locksley fires up copper growth push across NSW heartland
Locksley Resources has unveiled a copper growth strategy at its Greater Tottenham district in NSW. The plan combines its 9.86Mt Tottenham resource with the newly optioned Iron Duke project, covering 1000sqkm.
1 hour agoLocksley fires up copper growth push across NSW heartland
Locksley Resources has unveiled a copper growth strategy at its Greater Tottenham district in NSW. The plan combines its 9.86Mt Tottenham resource with the newly optioned Iron Duke project, covering 1000sqkm.
1 hour ago