Iron Duke Project Supplementary Information

• Locksley acquires 100% interest in Iron Duke Project in New South Wales
• Located near Tottenham Project, supporting district-scale exploration
• Highly encouraging surface and drill hole results from copper & gold system
• Inferred Mineral Resource Estimate of 1.3 Mt @ 1.0% Cu and 0.6 g/t Au
• Drilling confirms mineralisation along 550 m strike length, open to the south and at depth

Locksley Resources Limited (ASX: LKY) has announced the acquisition of the Iron Duke Copper & Gold Project in New South Wales, Australia. The project is located near the company's Tottenham Project, which supports a district-scale exploration strategy in the Cobar region. The Iron Duke Project comprises two granted exploration licenses totaling 65 sub-blocks (188.3 km2) and hosts a copper and gold quartz-sulphide system within Girilambone Group sediments. The acquisition is structured with low upfront cost and milestone-based consideration aligned to asset value creation. The acquisition is expected to expand the Tottenham Project's Mineral Resources and provide immediate drill-ready targets. The company plans to complete a comprehensive technical review, undertake an initial 2,000 m drilling program, validate historical data, and progress toward a JORC resource.

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Locksley Resources Limited expects to expand its mineral resources and provide immediate drill-ready targets through the acquisition of the Iron Duke Copper & Gold Project.