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Locksley Resources Announces Breakthrough Antimony Recovery Results from Rice University Collaboration

(Positive)
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Locksley Resources (OTCQX: LKYRF) reported major advances in antimony recovery from its DeepSolv™ collaboration with Rice University. Raw ore grading 9–12% Sb was upgraded to an 89–93% Sb product, while 65–70% Sb concentrates yielded 91–96% Sb products.

According to Locksley Resources, Rice also produced phase-pure antimony oxide and directly electrodeposited pure metallic antimony from DeepSolv-dissolved ore, supporting a potential integrated mine-to-market processing pathway for U.S. antimony within the company’s Mojave Project-focused critical minerals strategy.

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Positive

  • Raw ore 9–12% Sb upgraded to 89–93% Sb products
  • 65–70% Sb concentrates yielded 91–96% Sb products
  • Phase-pure antimony oxide recovered under optimized lab conditions
  • Pure metallic antimony recovered via electrodeposition from DeepSolv™ solutions
  • Results support integrated mine-to-market antimony processing pathway in the U.S.

Negative

  • None.
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SAN BERNARDINO, Calif., July 9, 2026 /PRNewswire/ -- Locksley Resources Limited (ASX: LKY; OTCQX: LKYRF) announced that raw ore containing 9-12% antimony was successfully upgraded to an 89% Sb-containing recovered product in the most recent laboratory work that advances the DeepSolv™ technology, a collaboration between the company and Rice University.

Further optimization increased the product concentration to up to 93% Sb. Testing on antimony concentrates containing approximately 65-70% Sb also produced recovered products grading approximately 91-96% Sb.

The Rice team has also successfully recovered phase pure antimony oxide from raw ore under optimized laboratory conditions, an important step in demonstrating the potential for DeepSolv™ technology-based processing to produce higher-value antimony products from Locksley's antimony feedstocks.

In a further positive development, electrodeposition testing has demonstrated recovery of pure metallic antimony directly from raw ore dissolved using DeepSolv™ technology. "This result is particularly significant as it supports the potential for an integrated processing pathway, progressing from laboratory dissolution of antimony-bearing ore through to the recovery of high-purity antimony oxide and metallic antimony products," said Kerrie Matthews, Managing Director and CEO of Locksley Resources. Additional information can be found here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03109511-6A1333169&v=undefined.

She added that these latest results demonstrate that DeepSolv™ processing technology has potential to unlock a cleaner and more flexible antimony recovery of both antimony oxide and metallic antimony products from ore and concentrates.

Locksley's collaboration with Rice University, internationally recognized for its leadership in advanced materials, nanotechnology and sustainable process engineering, forms a key pillar of Locksley's broader mine-to-market strategy.

Locksley Resources (https://www.locksleyresources.com.au) is focused on critical minerals in the U.S. The company is actively advancing the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley is executing a mine-to-market strategy for antimony, aimed at reestablishing domestic supply chains for critical materials, underpinned by strategic downstream technology partnerships with leading U.S. research institutions and industry partners. This targeted approach, combined with resource development with innovative processing and separation technologies, positions Locksley to play a role in advancing U.S. critical materials independence.

Cision View original content:https://www.prnewswire.com/news-releases/locksley-resources-announces-breakthrough-antimony-recovery-results-from-rice-university-collaboration-302821961.html

SOURCE Locksley Resources

FAQ

What antimony recovery results did Locksley Resources (OTCQX: LKYRF) announce on July 9, 2026?

Locksley Resources reported upgrading 9–12% Sb ore to 89–93% Sb products and 65–70% Sb concentrates to 91–96% Sb. According to Locksley Resources, these DeepSolv™ results from Rice University show efficient antimony upgrading from both raw ore and concentrates under laboratory conditions.

How does the DeepSolv™ technology collaboration with Rice University benefit Locksley Resources (LKYRF) antimony strategy?

The DeepSolv™ collaboration underpins a potential integrated route from ore dissolution to high-purity antimony products. According to Locksley Resources, Rice’s work on oxide and metallic antimony recovery supports a mine-to-market strategy for antimony within U.S. critical materials supply chains and downstream partnerships.

What did Rice University achieve in recovering antimony oxide for Locksley Resources (LKYRF)?

Rice University recovered phase-pure antimony oxide from raw ore under optimized lab conditions. According to Locksley Resources, this demonstrates DeepSolv™-based processing could produce higher-value antimony oxide products from the company’s feedstocks, potentially enhancing flexibility in future antimony product offerings if successfully commercialized.

How was pure metallic antimony produced in the Locksley Resources (LKYRF) and Rice University work?

Electrodeposition tests recovered pure metallic antimony directly from DeepSolv™-dissolved raw ore. According to Locksley Resources, this step complements oxide recovery and supports the potential for a fully integrated processing pathway yielding both antimony oxide and metallic products from ore and concentrates.

What is Locksley Resources’ Mojave Project and how does it relate to antimony and REEs?

The Mojave Project in California targets rare earth elements and antimony as critical minerals. According to Locksley Resources, the project anchors a U.S.-focused mine-to-market strategy, combining resource development with innovative processing technologies like DeepSolv™ to support domestic critical materials independence.

Why are the July 2026 DeepSolv™ antimony results important for Locksley Resources (LKYRF) investors?

The results indicate laboratory success in upgrading ore and concentrates to high-grade antimony products and recovering pure oxide and metal. According to Locksley Resources, this supports its strategy to develop cleaner, flexible antimony processing, which may be significant for future U.S. supply chain positioning if scaled.