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Locksley Resources Announces Significant Expansion of its Exploration Program for both Rare Earths and Antimony After Increasing its Landholding to More than 40 Square Kilometers in California's Mojave Region

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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) ha annunciato una significativa espansione del proprio programma esplorativo nel deserto di Mojave, in California, dopo l'aggiunta di 249 nuove rivendicazioni. Il patrimonio fondiario totale dell'azienda comprende ora 491 rivendicazioni che coprono oltre 40 chilometri quadrati di territorio ricco di minerali critici, adiacente a MP Materials, l'unico produttore attivo di terre rare in Nord America.

Recenti mappature geologiche hanno rivelato un pozzo storico sostanziale stimato oltre 15 metri di profondità. L'azienda sta attualmente valutando le attività minerarie storiche e la composizione delle materie prime. Inoltre, Locksley ha stretto una collaborazione strategica con la Rice University per sviluppare DeepSolv™, finalizzato al processamento domestico dell'antimonio nordamericano.

Locksley Resources (OTCQB: LKYRF) ha anunciado una expansión significativa de su programa de exploración en el desierto de Mojave, California, tras la incorporación de 249 nuevas reclamaciones. La tenencia total de la empresa abarca ahora 491 reclamaciones que cubren más de 40 kilómetros cuadrados de territorio rico en minerales críticos, adyacente a MP Materials, el único productor activo de tierras raras en Norteamérica.

Los mapeos geológicos recientes han revelado un importante pozo histórico estimado por encima de 15 metros de profundidad. La empresa está evaluando actualmente las actividades mineras históricas y la composición de las materias primas. Además, Locksley ha formado una colaboración estratégica con la Universidad Rice para desarrollar DeepSolv™, orientado al procesamiento doméstico de antimonio norteamericano.

Locksley Resources (OTCQB: LKYRF)가 캘리포니아 모하비 사막에서 탐사 프로그램의 상당한 확장을 발표했습니다. 이는 249개의 신규 청구권의 추가에 따른 것이며, 회사의 총 토지는 이제 491개의 청구권으로 40제곱킬로미터가 넘는 자원-기능성 지역을 포함합니다. 이는 MP Materials 바로 인접해 있으며, 북미에서 유일한 활동하는 희유족 생산자입니다.

최근 지질 매핑은 깊이가 15미터를 넘어설 것으로 추정되는 상당한 과거의 광구를 보여주었습니다. 회사는 현재 역사적 채굴 활동과 원자재 구성에 대해 평가 중입니다. 또한 Locksley는 DeepSolv™를 개발하기 위해 라이스 대학과 전략적 협력을 형성하여 북미 안티몬의 국내 가공을 목표로 하고 있습니다.

Locksley Resources (OTCQB: LKYRF) a annoncé une expansion significative de son programme d'exploration dans le désert de Mojave, en Californie, suite à l'ajout de 249 nouvelles revendications. La superficie totale détenue par l'entreprise couvre désormais 491 revendications sur plus de 40 kilomètres carrés de territoires riches en minéraux critiques, adjacents à MP Materials, le seul producteur actif nord-américain de terres rares.

Des cartographies géologiques récentes ont révélé une cheminée historique importante estimée à plus de 15 mètres de profondeur. L'entreprise évalue actuellement les activités minières historiques et la composition des matières premières. De plus, Locksley a formé une collaboration stratégique avec l'Université Rice pour développer DeepSolv™, destiné au traitement domestique de l'antimoine nord-américain.

Locksley Resources (OTCQB: LKYRF) hat eine signifikante Erweiterung seines Explorationsprogramms in der Mojave-Wüste in Kalifornien angekündigt, nach der Hinzufügung von 249 neuen Ansprüchen. Das gesamte Landbesitz der Firma umfasst nun 491 Ansprüche, die sich über mehr als 40 Quadratkilometer erstrecken und angrenzend an MP Materials liegen, dem einzigen aktiven Produzenten von Seltenen Erden in Nordamerika.

Jüngste geologische Kartierungen haben eine wesentliche historische Schächte von über 15 Metern Tiefe offengelegt. Das Unternehmen bewertet derzeit die historischen Bergbauaktivitäten und die Zusammensetzung der Rohstoffe. Zusätzlich hat Locksley eine strategische Zusammenarbeit mit der Rice University zur Entwicklung von DeepSolv™ geschlossen, mit dem Ziel, Nordamerikas Antimon im Inlandsbereich zu verarbeiten.

Locksley Resources (OTCQB: LKYRF) أعلنت عن توسيع كبير في برنامج الاستكشاف في صحراء موهافي بجنوب كاليفورنيا عقب إضافة 249 مطالبة جديدة. تشمل الحيازة الإجمالية للشركة الآن 491 مطالبة تغطي أكثر من 40 كيلومتراً مربعاً من الأراضي الغنية بالمعادن الحيوية والمتاخمة لـ MP Materials، المنتج الوحيد للمعادن النادرة في أمريكا الشمالية.

أظهرت المسوحات الجيولوجية الحديثة وجود بئار تاریخیة كبيرة يُقدر عمقها بأكثر من 15 متراً. تقوم الشركة حالياً بتقييم أنشطة التعدين التاريخية وتكوين الخام. بالإضافة إلى ذلك، شكلت Locksley تعاوناً استراتيجياً مع جامعة رايس لتطوير DeepSolv™، بهدف معالجة Antimony الأمريكي داخلياً.

Locksley Resources(OTCQB: LKYRF) 宣布在加利福尼亚莫哈维沙漠的勘探计划显著扩张,前提是增加了 249 个新矿权。公司现有的总土地面积为 491 个矿权,覆盖超过 40 平方公里的关键矿物资源区,紧邻 North America 唯一的稀土生产商 MP Materials。

最新的地质制图显示了一个 历史井道,深度估计超过 15 米。公司正在评估历史采矿活动及商品组成。此外,Locksley 已与莱斯大学(Rice University)建立战略合作,开发 DeepSolv™,目标是在北美进行镉镩等元素的国产化加工。

Positive
  • Strategic location adjacent to MP Materials, North America's only rare earths producing mine
  • Significant expansion to 491 claims covering 40 sq km of prospective critical minerals territory
  • Discovery of substantial historical mining shaft indicating previous mineral extraction
  • Strategic collaboration with Rice University for antimony processing technology development
Negative
  • Early-stage exploration with no confirmed mineral resources yet
  • Uncertainty about historical shaft's mineral composition and economic viability

SAN BERNARDINO, Calif., Sept. 15, 2025 /PRNewswire/ -- Locksley Resources Ltd. (ASX: LKY; OTCQB: LKYRF) announced it will significantly expand its exploration program at its significantly increased landholding in the Mojave Desert. Earlier this month the company announced the addition of 249 additional claims at the site, which abuts areas currently controlled by MP Materials, the only Rare Earths producing mine in North America. These new claims bring the company's total landholding to 491 claims encompassing more than 40 sq km of highly prospective critical minerals. Additional details can be found here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02993242-6A1283793&v=c2533a54e2514fb77a8f93f84db686e1125273e9

"The substantial expansion of our landholding within the Mojave Critical Minerals Corner marks a pivotal step in Locksley's growth," said Pat Burke, Chairman of Locksley Resources. He reported that last week brokers and analysts visited the site, affording Locksley an excellent opportunity to highlight both the scale of the tenure, as well as the strategic importance of its position in this area.

"With the U.S. Government increasingly focused on securing domestic supply chains for critical minerals, Locksley is well positioned to deliver a mine-to-market solution for antimony and rare earths," Burke said.

The expanded program will be focused on exploration of both the existing antimony and rare earths elements prospects as well as targeting additional commodities that have been identified on Locksley's larger land holding. A substantial historical shaft has been discovered during a surface geological and structural mapping campaign recently undertaken by Locksley at Mojave. The shaft depth and the extent of the underground workings are being further evaluated and is estimated at more than 15m. Locksley is determining the composition of the commodities that were historically mined.

Locksley Resources (https://www.locksleyresources.com.au) is an Australian-based explorer focused on critical minerals and base metals, with assets in both the U.S. and Australia. The company is actively advancing its U.S. asset, the Mojave Project, in California, targeting rare earth elements (REEs) and antimony. The company has also announced a strategic collaboration with Rice University to develop DeepSolv™, for domestic processing of North American antimony. The agreement is the first step in the initiation of Locksley's U.S. Critical Minerals and Energy Resilience Strategy to accelerate "mine-to-market" deployment of antimony in the U.S.

Contact: Beverly Jedynak, Beverly.jedynak@viriathus.com, 312-943-1123; 773-350-5793 (cell)

Cision View original content:https://www.prnewswire.com/news-releases/locksley-resources-announces-significant-expansion-of-its-exploration-program-for-both-rare-earths-and-antimony-after-increasing-its-landholding-to-more-than-40-square-kilometers-in-californias-mojave-region-302555904.html

SOURCE Locksley Resources

FAQ

What is the new size of Locksley Resources' (LKYRF) landholding in the Mojave Desert?

Locksley Resources has expanded its landholding to 491 claims covering more than 40 square kilometers of critical minerals-rich territory in the Mojave Desert.

Where is Locksley Resources' (LKYRF) Mojave Project located relative to other mining operations?

The Mojave Project is located adjacent to MP Materials, which is currently the only rare earths producing mine in North America.

What was discovered during Locksley Resources' recent geological mapping campaign?

During recent geological mapping, Locksley Resources discovered a substantial historical shaft estimated to be more than 15 meters deep. The company is currently evaluating the composition of historically mined commodities.

What is Locksley Resources' partnership with Rice University focused on?

Locksley Resources has partnered with Rice University to develop DeepSolv™, a technology for domestic processing of North American antimony, as part of their U.S. Critical Minerals and Energy Resilience Strategy.

What are the main minerals that Locksley Resources (LKYRF) is exploring for in the Mojave Project?

Locksley Resources is primarily exploring for rare earth elements (REEs) and antimony at the Mojave Project.
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