Barclay Pearce Capital
- Jan 31, 2022
- 2 min read
Locksley Resources Ltd (ASX:LKY) Quarterly Activities Report Dec 2021
Carolina Deposit Diamond Drilling
The Carolina Deposit lies 9km ENE of Tottenham. Holes CAD001 to CAD006 were drilled in September 2021 for 1260.4m. All results have been received for the 2021 drilling. Holes TMD029 and TMD030 were drilled in late 2020 by private company Bacchus Resources Pty. Ltd. to test the down-dip extent of the Carolina Deposit. These holes have been recovered, and relogged to confirm the 2020 sampling. Additional sampling of mineralised material has occurred with all results received.
Orange Plains Deposit Diamond Drilling
TOD001 (303.5m)
This west directed hole located the fault that displaces the mineralised horizons between the Chris Watson and Orange Plains Deposits between 170 and 180m. The fault appears to trend north -south and subvertical. The fault zone is weakly mineralised with quartz veining and pyrite. A narrow sulphide zone was intersected at 80m that appears to be the attenuated western margin of the Orange Plains Deposit.
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