Locksley Resources Limited strengthens US defense supply chain strategy with new appointment

Locksley Resources Limited strengthens US defense supply chain strategy with new appointment

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Perth, Australia (ABN Newswire) – Locksley Resources Ltd (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) has announced the appointment of Ms Stacy Newstead to its Advisory Board as Strategic Advisor – Materials Strategy. Stacy Newstead brings expertise in U.S. defense materials to advance Locksley’s critical minerals and commercialization initiatives.

HIGHLIGHTS

– Stacy Newstead appointed strategic advisor to the Locksley Advisory Board

– Ms. Newstead currently serves as Materials Strategy and Risk Manager at Lockheed Martin, overseeing risk mitigation of the U.S. supply chain for critical materials used in advanced defense systems

– More than two decades of experience in the defense, critical minerals and advanced materials sectors, including leadership roles at Huntington Ingalls Industries, Textron Systems and Evolution Energy Solutions –

– Expertise in US Department of Defense acquisition, systems manufacturing and production, materials engineering, supply chain risk mitigation, critical component supply chains, and state and federal involvement in manufacturing facilities

– Appointment strengthens Locksley’s U.S. government initiatives and supports commercialization of U.S. antimony and rare earth supply chains

– Locksley submitted a U.S. Government White Paper funding request under the Defense Production Act Title III DPA to advance project financing position and accelerate pioneer status in restoring the domestic antimony industry and the strength of the U.S. supply chain

Ms. Newstead currently serves as a Materials Strategy and Risk Manager at Lockheed Martin, where she leads initiatives to secure domestic and related sources of key materials essential to U.S. defense production and national security. Her work focuses on assessing and mitigating material, price and geopolitical risks in complex supply chains that support critical technologies including munitions, batteries and space systems.

Ms. Newstead is a highly talented executive with more than 20 years of experience in the U.S. government, defense and industrial sectors. Her previous roles include senior program leadership at Huntington Ingalls Industries and Textron Systems, as well as Chief Executive Officer of the US subsidiary of Evolution Energy Minerals (ASX:EV1), where she led onshoring initiatives for graphite and advanced battery materials.

Her appointment strengthens Locksley’s position at the intersection of critical minerals, defense and national security strategies, and provides invaluable insight into U.S. policy, financing and opportunities for industry cooperation. This strengthens the company’s ability to collaborate with U.S. partners and access federal programs to support domestic critical mineral supply chains, furthering Locksley’s mine-to-market strategy for U.S. antimony and rare earths.

Kerrie Matthews, CEO of Locksley, commented:

“Stacy’s appointment represents another important step in strengthening our U.S. advisory capabilities. Her deep knowledge of defense equipment supply chains, combined with her leadership at Lockheed Martin, brings exceptional strategic value to Locksley as we advance our mine-to-market development of U.S. antimony and rare earths.”

“Her perspective on material safety and risk will help guide our engagement with U.S. industry and government stakeholders as we scale from pilot to commercial operations.”

Mrs Newstead commented:

“Restoring secure, transparent, and domestically critical mineral supply chains is essential to both U.S. defense readiness and the broader energy transition. Locksley’s integrated mine-to-market model and U.S. operating footprint position it as a key contributor to these national goals. I am honored to support the team’s strategy and growth trajectory.”

About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX-listed explorer focused on critical minerals in the United States of America. The company is actively advancing exploration of two key assets: the Mojave project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly promising mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project includes more than 250 claims spread across two contiguous prospect areas, the North Block/Northeast Block and the El Campo Prospect. The North Block is directly adjacent to MP Materials’ claims, while El Campo lies along the Mountain Pass Mine strike and is surrounded by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project is home to the historic “Desert Antimony Mine,” which last operated in 1937. Although the United States currently has no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospectus represents one of the highest known antimony occurrences in the US

Locksley’s North American position is further strengthened by the increasing geopolitical urgency to diversify supply chains away from China, the global leader in both REE and antimony production. With the first drilling program now planned, the Mojave project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

Tottenham project

Locksley’s Australian portfolio includes the advanced Tottenham Copper-Gold Project in New South Wales, targeting VMS-style mineralization

Source:
Locksley Resources Limited

Contact:
Kerrie Matthews
General manager
Locksley Resources Limited
T: +61 8 9481 0389
Kerrie@locksleyresources.com.au

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