Australia's Locksley Resources rises on option to buy copper-gold project in NSW

Sky Metals

14/05/2026 02:03

** Shares of diversified miner Locksley Resources LKY.AX rise 7.4% to A$0.145, on track for best day since mid-April

** Co secures option to buy 100% of Iron Duke Copper & Gold Project in New South Wales from a unit of Sky Metals SKY.AX

** Says initial consideration will be A$500,000  ($362,750.00) on exercise of option

** SKY shares climb 4.8% to hit highest level since April 21

** YTD, LKY down 26.9%, while SKY up 175%

($1 = 1.3784 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))