Well… It looks like I’ve been on a wild-goose-chase. It seems that my 7/64″ key was miss-sized. I should have realised that Master, being an American company, uses Imperial sizes. I spent a few minutes with a diamond file and converted an old 3mm key until it fitted. The lock is now ready for gutting.
Thank you for all your suggestions and interest, I’ll go and find the remainder of my humble pie.