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Locksley Resources (OTCQB: LKYRF) has reported promising initial metallurgical test results from its Desert Antimony Mine (DAM) Prospect at the Mojave Project. The tests demonstrated antimony grades ranging from 27.5% to 39.1% with impressive recovery rates between 82.9% and 85.9% across six samples.
The results validate the project's potential to establish a domestic mine-to-market antimony supply chain, aligning with U.S. government priorities for critical mineral supply security. The company has partnered with Rice University to utilize their Deep Solv™ methodology for antimony extraction, advancing Locksley's U.S. Critical Minerals and Energy Resilience Strategy.
Locksley Resources (OTCQB: LKYRF) has announced a significant expansion of its exploration program in California's Mojave Desert following the addition of 249 new claims. The company's total landholding now encompasses 491 claims covering over 40 square kilometers of critical minerals-rich territory adjacent to MP Materials, North America's only active rare earths producer.
Recent geological mapping has revealed a substantial historical shaft estimated at over 15 meters deep. The company is currently evaluating the historical mining activities and commodity composition. Additionally, Locksley has formed a strategic collaboration with Rice University to develop DeepSolv™, aimed at domestic processing of North American antimony.
Locksley Resources (OTCQB: LKYRF) has significantly expanded its presence in California's Mojave Critical Minerals Corridor by staking 249 additional claims, bringing its total to 491 claims. The new claims are strategically positioned adjacent to MP Materials' Mountain Pass Rare Earth Mine, the only rare earths producing mine in the United States.
The expansion includes southeast claims encompassing favorable gneissic geology and northern claims located 3km from Dateline Resources Colosseum Gold Project. The company aims to explore antimony, rare earth elements (REEs), and polymetallic prospects. This strategic positioning enhances Locksley's potential for exploration discovery and downstream processing partnerships, aligning with U.S. government priorities for supply chain resilience.
Locksley Resources (OTCQB: LKYRF) has partnered with GreenMet, a Washington DC-based strategic advisory group, to advance its Mojave Critical Minerals Project in California. The partnership aims to position the project within key U.S. Government initiatives under the Defense Production Act, Inflation Reduction Act, and Department of Energy programs.
GreenMet's team includes Drew Horn, a former top US official and critical minerals strategy expert, Mark Green, former senior advisor to U.S. government agencies, and Retired General David Barrett. The partnership comes as the U.S. Department of Energy plans to issue $1 billion in funding opportunities for critical minerals and materials supply chains.
Locksley Resources (OTCQB: LKYRF) has entered into a strategic Research & Development Agreement with Rice University to develop domestic processing capabilities for U.S.-sourced antimony. The collaboration, centered around Locksley's Mojave Project, aims to address the critical supply chain gap in U.S. antimony processing.
The partnership involves two main initiatives: 1) Development of green hydrometallurgical extraction processes for antimony from mining feedstocks, and 2) Research on antimony-based materials for energy storage applications. This collaboration represents Locksley's implementation of its U.S. Critical Minerals and Energy Resilience Strategy, targeting both defense industry needs and next-generation energy storage systems.
Locksley Resources (OTCQB:LKYRF) announced plans to expand its geological and structural mapping program within the North Block of the Mojave Project in California. The company will focus on four priority areas, with two targeting rare earth elements (REE) potential and two focusing on antimony mineralization extensions from the Desert Antimony Prospect.
The program builds on the company's established REE potential at El Campo, which has shown high-grade rock chip results of up to 12.1% TREO and Nd/Pr up to 3.19%. The North Block's strategic location adjacent to MP Materials' Mountain Pass Mine, the only operating rare earths mine in the U.S., positions Locksley to potentially expand its critical minerals footprint across the underexplored 20 sq km area.
Locksley Resources (OTCQB: LKYRF) has appointed Tribeca Capital as its strategic advisor to strengthen its U.S. critical minerals strategy and downstream commercialization initiatives. The partnership aims to position Locksley as a key player in the U.S. global critical minerals supply landscape, particularly focusing on antimony and rare earth elements.
Tribeca Capital will provide strategic advisory services including guidance on downstream processing, technology collaborations, government engagement, funding programs, and product development initiatives. The firm will also facilitate introductions to potential advisory board members, technology partners, customers, government funding agencies, and international investor networks.
Locksley Resources (OTCQB: LKYRF) has submitted an expanded Plan of Operations to the U.S. Bureau of Land Management for its Desert Antimony Prospect within the Mojave Critical Minerals Project in California. The project is strategically located 3 kilometers northeast of MP Materials' Mountain Pass Mine, the only operating rare earths mine in the US.
The company's Desert Antimony Mine prospect features exceptional grades of up to 46% Sb and silver up to 1,022 g/t Ag, representing one of the highest-grade antimony occurrences in the US. The expanded drilling program, fully funded through a recent oversubscribed capital raising, aims to define a JORC Exploration Target. BLM approvals are expected this fall, with drilling to commence shortly after.
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