Locksley Resources Limited's Investment Overview Presentation
In a significant development for the mining industry, Australian-based explorer Locksley Resources Limited has made a remarkable discovery at their Mojave Project in California. The project, which hosts the historic "Desert Antimony Mine" that last operated in 1937, has yielded surface samples containing up to 46% antimony and up to 1,022 grams per tonne of silver. This makes the Desert Mine prospect one of the highest-grade known antimony occurrences in the United States.
Locksley Resources Limited, an ASX-listed company, is focused on critical minerals in the United States of America. The company's Chairman, Nathan Lude, can be reached at +61 8 9481 0389 for further information.
The discovery comes at a time when the United States has no domestic antimony production, yet demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. The Mojave Project is poised to align with U.S. strategic objectives around critical mineral independence and economic security, with a maiden drilling program planned.
The Mojave Project spans over 240 claims across two contiguous prospect areas: North Block-Northeast Block and the El Campo Prospect. Notably, the North Block directly abuts claims held by MP Materials, the company that operates the Mountain Pass Mine – the world's largest rare earth element (REE) mine. El Campo lies along strike of the Mountain Pass Mine.
The geopolitical urgency to diversify supply chains away from China, the global leader in both REE and antimony production, strengthens Locksley Resources' North American position. The company is actively advancing exploration across the Mojave Project.
However, the current main shareholders of Locksley Resources Limited and their shareholdings are not publicly disclosed in available sources. For more information, please contact Nathan Lude at the provided number.
This news is provided by ABN Newswire via QuoteMedia.
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