# LKY: Locksley's Greater Tottenham Copper Growth Strategy Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lky-locksley-s-greater-tottenham-copper-growth-strategy--696ad429-ca72-4da2-8071-55d366978ac0 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03152775 Publisher: asx Original announcement: 2026-10-14T22:44:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-14T23:04:36.545Z Atlas analysis updated: 2026-10-14T23:04:36.545Z - Company: Locksley Resources Limited - Ticker: LKY - Exchange: ASX - Region: New South Wales - Primary commodity: Copper - Secondary commodities: Gold, Silver - Document categories: Other, Resource update - Extracted: 2026-10-14 23:04:37 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Locksley Resources has announced a 'Greater Tottenham Copper Growth Strategy' focused on expanding its copper-gold resource base in New South Wales. The strategy involves two pillars: resource growth through targeted drilling and increasing economic viability through metallurgical and mineability studies. Reasoning: The document outlines a strategic framework and portfolio review rather than reporting new technical results, though it references existing resource bases. - Positive factor: Defined two-pillar strategy for resource growth and economic viability - Positive factor: Integration of historical datasets to target high-conviction brownfields - Positive factor: Existing resource foundation at Tottenham and Iron Duke - Negative factor: No new assay results or updated resource figures provided in this release Facts used in scoring: 5 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document discusses the upcoming consolidation and update of the Mineral Resource Estimate for the Greater Tottenham project. Evidence · text > Independent Mineral Resource Estimation work is underway to consolidate validated datasets ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Resource Estimates (5) ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lky-locksley-s-greater-tottenham-copper-growth-strategy--696ad429-ca72-4da2-8071-55d366978ac0#fact-resource-facts-0) Iron Duke · copper Historical result Needs review: historical\_restatement #### Identity - Project: Iron Duke - Commodity: copper - Region: australia\_nsw - Reported Region: New South Wales - Ticker: LKY #### Resource scope - Estimate type: resource - Reporting standards: other - Resource group id: resource:8cffd8171c2175e624da #### Resource Data - Category: inferred - Tonnes: 1300000 - Grade: 1 - Grade Unit: % #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-05-19T00:00:00.000Z #### Dates - Event date: 2026-10-14T00:00:00.000Z Reasoning: Restatement of a JORC 2004 historical resource. - Negative factor: Historical resource Evidence · text > Iron Duke hosts a historical JORC 2004 inferred Mineral Resource of 1.3 Mt @ 1.0% Cu and 0.6g/t Au #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lky-locksley-s-greater-tottenham-copper-growth-strategy--696ad429-ca72-4da2-8071-55d366978ac0#fact-resource-facts-1) Iron Duke · gold Historical result Needs review: historical\_restatement #### Identity - Project: Iron Duke - Commodity: gold - Region: australia\_nsw - Reported Region: New South Wales - Ticker: LKY #### Resource scope - Estimate type: resource - Reporting standards: other - Resource group id: resource:8cffd8171c2175e624da #### Resource Data - Category: inferred - Tonnes: 1300000 - Grade: 0.6 - Grade Unit: g/t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-05-19T00:00:00.000Z #### Dates - Event date: 2026-10-14T00:00:00.000Z Reasoning: Restatement of a JORC 2004 historical resource. - Negative factor: Historical resource Evidence · text > Iron Duke hosts a historical JORC 2004 inferred Mineral Resource of 1.3 Mt @ 1.0% Cu and 0.6g/t Au #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lky-locksley-s-greater-tottenham-copper-growth-strategy--696ad429-ca72-4da2-8071-55d366978ac0#fact-resource-facts-2) Tottenham · copper #### Identity - Project: Tottenham - Commodity: copper - Region: australia\_nsw - Reported Region: New South Wales - Ticker: LKY #### Resource scope - Estimate type: resource - Reporting standards: jorc - Qualified person names: Jeremy Peters - Resource group id: resource:8ad1f17b1dcf70240f38 #### Resource Data - Category: indicated - Tonnes: 9860000 - Grade: 0.73 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-14T00:00:00.000Z Reasoning: Existing JORC 2012 resource baseline. Evidence · text > Tottenham hosts a JORC 2012 Mineral Resource of 9.86 Mt @ 0.73% Cu, 0.22 g/t Au and 2 g/t Ag #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lky-locksley-s-greater-tottenham-copper-growth-strategy--696ad429-ca72-4da2-8071-55d366978ac0#fact-resource-facts-3) Tottenham · gold #### Identity - Project: Tottenham - Commodity: gold - Region: australia\_nsw - Reported Region: New South Wales - Ticker: LKY #### Resource scope - Estimate type: resource - Reporting standards: jorc - Qualified person names: Jeremy Peters - Resource group id: resource:8ad1f17b1dcf70240f38 #### Resource Data - Category: indicated - Tonnes: 9860000 - Grade: 0.22 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-14T00:00:00.000Z Reasoning: Existing JORC 2012 resource baseline. Evidence · text > Tottenham hosts a JORC 2012 Mineral Resource of 9.86 Mt @ 0.73% Cu, 0.22 g/t Au and 2 g/t Ag #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lky-locksley-s-greater-tottenham-copper-growth-strategy--696ad429-ca72-4da2-8071-55d366978ac0#fact-resource-facts-4) Tottenham · silver #### Identity - Project: Tottenham - Commodity: silver - Region: australia\_nsw - Reported Region: New South Wales - Ticker: LKY #### Resource scope - Estimate type: resource - Reporting standards: jorc - Qualified person names: Jeremy Peters - Resource group id: resource:8ad1f17b1dcf70240f38 #### Resource Data - Category: indicated - Tonnes: 9860000 - Grade: 2 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-14T00:00:00.000Z Reasoning: Existing JORC 2012 resource baseline. Evidence · text > Tottenham hosts a JORC 2012 Mineral Resource of 9.86 Mt @ 0.73% Cu, 0.22 g/t Au and 2 g/t Ag #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.