Locksley Accelerates U.S. Critical Minerals Program with Expanded Desert Antimony Drilling
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.
Locksley Resources (OTCQB: LKYRF) ha presentato un Piano di Operazioni ampliato al Bureau of Land Management degli Stati Uniti per il suo progetto Desert Antimony Prospect all'interno del Mojave Critical Minerals Project in California. Il progetto è strategicamente situato a 3 chilometri a nord-est della miniera Mountain Pass di MP Materials, l'unica miniera di terre rare operativa negli USA.
Il sito Desert Antimony Mine dell'azienda presenta grade eccezionali fino a 46% Sb e argento fino a 1.022 g/t Ag, rappresentando una delle più alte concentrazioni di antimonio negli Stati Uniti. Il programma di perforazione ampliato, completamente finanziato grazie a una recente raccolta fondi sovrasottoscritta, ha l'obiettivo di definire un Target di Esplorazione JORC. Le approvazioni del BLM sono previste per questo autunno, con l'inizio delle perforazioni subito dopo.
Locksley Resources (OTCQB: LKYRF) ha presentado un Plan de Operaciones ampliado a la Oficina de Administración de Tierras de EE. UU. para su proyecto Desert Antimony Prospect dentro del Mojave Critical Minerals Project en California. El proyecto está estratégicamente ubicado a 3 kilómetros al noreste de la mina Mountain Pass de MP Materials, la única mina de tierras raras en operación en EE. UU.
El prospecto Desert Antimony Mine de la compañía presenta grados excepcionales de hasta 46% Sb y plata hasta 1,022 g/t Ag, representando una de las ocurrencias de antimonio de mayor ley en EE. UU. El programa de perforación ampliado, financiado completamente mediante una reciente ronda de capital sobresuscrita, apunta a definir un Objetivo de Exploración JORC. Se esperan aprobaciones del BLM este otoño, con el inicio de la perforación poco después.
Locksley Resources (OTCQB: LKYRF)는 캘리포니아의 Mojave Critical Minerals Project 내 Desert Antimony Prospect에 대한 확장된 운영 계획을 미국 토지관리국(Bureau of Land Management)에 제출했습니다. 이 프로젝트는 미국 내 유일한 희토류 광산인 MP Materials의 Mountain Pass 광산에서 북동쪽으로 3킬로미터 떨어진 전략적 위치에 있습니다.
회사의 Desert Antimony Mine 탐사 지역은 안티몬 46% 및 은 1,022 g/t Ag에 이르는 탁월한 등급을 보유하고 있어 미국 내 최고 등급 안티몬 광상 중 하나입니다. 최근 초과 청약된 자본 조달을 통해 전액 자금이 마련된 확장된 시추 프로그램은 JORC 탐사 목표를 정의하는 것을 목표로 합니다. BLM의 승인은 이번 가을에 예상되며, 승인 직후 시추가 시작될 예정입니다.
Locksley Resources (OTCQB : LKYRF) a soumis un Plan d'Opérations élargi au Bureau de Gestion des Terres des États-Unis pour son projet Desert Antimony Prospect dans le cadre du Mojave Critical Minerals Project en Californie. Le projet est stratégiquement situé à 3 kilomètres au nord-est de la mine Mountain Pass de MP Materials, la seule mine de terres rares en exploitation aux États-Unis.
Le prospect Desert Antimony Mine de la société présente des teneurs exceptionnelles allant jusqu'à 46 % Sb et jusqu'à 1 022 g/t Ag en argent, représentant l'une des occurrences d'antimoine à plus haute teneur aux États-Unis. Le programme de forage élargi, entièrement financé grâce à une récente levée de fonds sursouscrite, vise à définir une cible d'exploration JORC. Les approbations du BLM sont attendues cet automne, avec un début des forages peu après.
Locksley Resources (OTCQB: LKYRF) hat einen erweiterten Betriebsplan beim US Bureau of Land Management für das Desert Antimony Prospect im Mojave Critical Minerals Project in Kalifornien eingereicht. Das Projekt befindet sich strategisch günstig 3 Kilometer nordöstlich der Mountain Pass Mine von MP Materials, der einzigen betriebenen Seltenen-Erden-Mine in den USA.
Das Desert Antimony Mine-Vorkommen des Unternehmens weist außergewöhnliche Gehalte von bis zu 46% Sb und Silber bis zu 1.022 g/t Ag auf, was eine der hochgradigsten Antimonlagerstätten in den USA darstellt. Das erweiterte Bohrprogramm, das vollständig durch eine kürzlich überzeichnete Kapitalerhöhung finanziert wird, zielt darauf ab, ein JORC-Erkundungsziel zu definieren. Die Genehmigungen des BLM werden für diesen Herbst erwartet, mit Bohrbeginn kurz danach.
- Strategic location near the only operating US rare earths mine
- Exceptional antimony grades up to 46% Sb and silver grades up to 1,022 g/t Ag
- Recently completed oversubscribed capital raising fully funds the expanded program
- Strong geopolitical tailwinds due to US focus on reducing China dependence for critical minerals
- BLM approval still pending for expanded operations
- No current production - historic mine last operated in 1937
The submission marks a significant step as Locksley accelerates its activities for this area, which is located three kilometers northeast of MP Materials' Mountain Pass Mine, the only currently operating rare earths mine in the US.
"We believe our location positions us extremely well to take advantage of America's drive to secure domestic supply chains for critical materials," said Nathan Lude, chairman of Locksley. "This expanded program follows our recent oversubscribed capital raising, which fully funds the expanded program and subsequent exploration initiatives."
Recent structural mapping and enhanced 3D modeling have enlarged the target footprint for drilling and support the objective of defining a JORC Exploration Target via further evaluation. BLM approvals are anticipated this fall with site preparation and drilling expected to commence rapidly thereafter.
More specific information on the drilling program can be found here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02974555-6A1276668&v=4a466cc3f899e00730cfbfcd5ab8940c41f474b6.
Locksley Resources is an explorer focused on critical minerals, with assets in the
The Mojave Project is located in the Mojave Desert in
In addition to rare earths, the Mojave Project hosts the historic "Desert Antimony Mine", which last operated in 1937. Despite the
The company's North American position is strengthened by the rising geopolitical urgency to diversify supply chains away from
Contact: Beverly Jedynak, Beverly.jedynak@viriathus.com, 312-943-1123; 773-350-5793 (cell)
View original content:https://www.prnewswire.com/news-releases/locksley-accelerates-us-critical-minerals-program-with-expanded-desert-antimony-drilling-302520415.html
SOURCE Locksley Resources
FAQ
What are the antimony grades at Locksley Resources' (LKYRF) Desert Antimony Mine?
Where is Locksley Resources' Mojave Project located?
When does Locksley Resources (LKYRF) expect to begin drilling at the Desert Antimony Prospect?
How is Locksley Resources' expanded drilling program being funded?
Why is Locksley Resources' Desert Antimony Project strategically important?
