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Locksley Resources Limited reports exploration and corporate developments for its LKYLY American depositary receipt and related traded securities. The company is an Australian-based critical minerals explorer advancing the Mojave Project in California, where its work targets rare earth elements and antimony, including the Desert Antimony Mine.
Recurring updates include antimony assays, surface and underground sampling, mapping of mineralized structures, drilling preparation and results, and broader mineralization work such as silver and copper-bearing corridors within the Mojave claims. Company news also covers capital raisings, its U.S. mine-to-market antimony strategy, and downstream processing collaborations, including DeepSolv™ work with Rice University for North American antimony processing.
Locksley Resources (OTCQX: LKYRF, LKYLY ADR, ASX: LKY) reported maiden drilling at the Desert Antimony Mine confirming high-grade antimony below historical underground workings. Significant results include a peak 33.51% Sb over 0.4m, plus 4.0m @ 4.87% Sb and 1.4m @ 5.62% Sb.
Mineralized veins were intersected about 90m below existing workings, supporting continuity of surface stibnite mineralization and informing future drill targeting. The project is positioned within a U.S. critical mineral supply chain strategy focused on antimony and rare earths.
Locksley Resources (OTCQX: LKYRF / ADR: LKYLY) reported high-grade antimony assays from surface grab sampling at the Desert Antimony Mine on March 3, 2026, with a peak value of 16.90% Sb.
Surface earthworks identified extensions of stibnite-bearing veins along strike and above historical underground workings; maiden diamond drilling is underway to refine geometry and evaluate resource potential.
Locksley Resources (OTCQX: LKYRF / ADR: LKYLY) reported that underground mapping at the Desert Antimony Mine within its Mojave Project identified a new exploration corridor, the Beefeater Shear, mapped at widths of 10–15 meters. The Stage III review combined high-resolution underground mapping and regional structural analysis.
Management said the Beefeater Shear shares structural timing with the DAM vein system, that radiometric targets were validated, and that targeted sampling and drilling will follow to confirm mineralization and economic potential.
Locksley Resources (OTCQX: LKYLY) reported high-grade antimony results from a batch sampling program at the DAM deposit, Mojave Project, California on Feb 3, 2026.
Three batches (total 287kg) returned weighted averages of 25.7% Sb, 21.3% Sb, and 11.4% Sb. Prior late-2025 work included a 325kg sample and a 68.1% Sb premium concentrate. Locksley says it is pursuing a mine-to-market strategy with downstream partnerships to rebuild U.S. antimony supply chains.
Locksley Resources (OTCQX:LKYRF / OTC:LKYLY / ASX:LKY) reported confirmation of a continuous, high-grade silver corridor at its Mojave Project in California after surface reconnaissance and rock-chip sampling across the North Block. The company said the mineralized trend now measures 3 km and returned surface assays up to 409 g/t silver and 1.5% copper, extending known high-grade mineralization beyond the initial discovery. Management described the result as an advancement of its exploration strategy and complementary to its antimony and critical-minerals focus, with a staged exploration program planned to further evaluate the opportunity.
Locksley Resources (ASX: LKY / ADR: LKYLY) completed an oversubscribed placement raising approximately A$17 million via new shares priced at A$0.24 per share to Australian, U.S. and international investors on Dec 8, 2025.
Cornerstone participation from established U.S. institutional investors was cited as a strategic endorsement of Locksley's U.S. "Mine to Market" critical minerals plan, which targets the Mojave Project (REE) and the Desert Antimony Mine and includes a collaboration with Rice University on DeepSolv™ for domestic antimony processing. Settlement is expected on or around Dec 11, 2025 and new shares will rank equally with existing ordinary shares.