(www.investorideas.com Newswire) a repost on the investment platform about breaking Critical Minerals and Antimony Stock News for Locksley Resources Ltd (ASX: LKY,
OTCQX: LKYRFFSE: X5L)
Locksley Resources Limited (ASX: LKY,
OTCQX: LKYRF; OTCQX ADR: LKYLY) announced that the company has begun drilling diamonds at the high-grade Desert Antimony Mine (DAM), located within the company’s Mojave Project in California.
Drilling follows the successful completion of on-site activities, including the necessary earthworks and construction of drilling platforms. During these site preparations, the company also conducted detailed surface survey mapping that provided critical geological data and confirmed the orientation and continuity of the primary stibnite veins at the surface.
More information is available here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03059509-6A1313161&v=undefined.
Kerrie Matthews, Managing Director and CEO of Locksley said: “The start of drilling at DAM is a significant milestone for us. We have strong momentum as we take decisive action to unlock a potential asset that could play a major role in reshaping the future of critical minerals supply.” She noted that the commencement of drilling reflects a strong technical foundation and focuses on high-confidence target areas.
In parallel with our drilling program, we are also conducting downstream metallurgical testing work, which will provide representative materials to Rice University and the Department of Energy to support evaluation of pilot-scale processing and strengthen strategic positioning within critical mineral supply chains,” Matthews said.
Antimony is designated by the U.S. government as a critical mineral, with limited domestic production. The Desert Antimony Mine represents a rare opportunity to establish a primary, high-quality antimony source in the US, aligned with national security, defense and advanced materials supply chains.
Locksley Resources (https://www.locksleyresources.com.au) focuses on critical minerals in the US. The company is actively advancing the Mojave Project in California, focusing on rare earth elements (REEs) and antimony. Locksley is executing a mine-to-market strategy for antimony focused on restoring domestic supply chains for critical materials, supported 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.
Contact:
Beverly Jedynak
beverly.jedynak@viriathus.com
312-943-1123; 773-350-5793 (cell)
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