Locksley Resources Limited Provides Exploration Update
parts of EL9307. The main area to be flown is immediately east of and along trend from the CZ Deposit. The prospective trend is thought to run from the CZ Deposit towards the Mount Royal Deposit with disruption by folding and faulting and is obscured by recent cover. The smaller survey area to the north of Tottenham covers the core of the regional Orange Plains Anticline and a copper occurrence known as the Lacys Tank Prospect. Xcalibur have advised Locksley that adverse weather has delayed the Locksley surveys to mid-June. EL9400 Grant: Locksley Resources announced that ELA6454 has been granted as Exploration Licence 9400 by Regional NSW Mining,
Exploration and Geoscience (MEG) for a period of six years. This 56 unit licence, (162.4 kilometer square), is located 15km northwest of the town of Bendemeer in northern NSW.