Quarterly Activities Report
Perth, July 30, 2025 AEST (ABN Newswire) - The Board of Locksley Resources Limited (
ASX:LKY) (LKYRF:OTCMKTS) is pleased to provide the following Quarterly Activities Report to 30 June 2025.
Highlights for the Quarter:
- Completion of drill permitting for both the Desert Antimony Mine and El Campo REE prospect within the Mojave Project, California
- Field mobilisation and mapping programs at Mojave, generating structural geology and mineralisation target maps/model for both Desert Antimony Mine and El Campo Targets
- Strategic U.S. alliances strengthened through appointment of critical minerals leadership, engagement with federal funding pathways and advances in academic and downstream research partnerships
- Successful quotation on the U.S. OTCQB market to expand North American investor reach
- Submission and acceptance of an expanded drilling Plan of Operations, prioritising Q3 2025 subsurface exploration
- Extensive 3D geological modelling completed to refine targets and support JORC Exploration Target groundwork at Mojave
MOJAVE CRITICAL MINERALS & REE PROJECT (California, USA)
Overview and Operations
During the quarter, Locksley Resources made significant progress at its Mojave Project, strategically located just 1.4 km from the Mountain Pass REE mine, the only active rare earths producer in the U.S. The focus remains on preparing for the Company's maiden drilling campaigns for both antimony and rare earth elements, with regulatory, technical and operational milestones achieved across both the Desert Antimony Mine (DAM) and El Campo prospects.
*To view the full Quarterly Report, please visit:
https://abnnewswire.net/lnk/P5R1YE24
About Locksley Resources Limited
Locksley Resources Limited (ASX:LKY) (OTCMKTS:LKYRF) is an ASX-listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across 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 of critical minerals for U.S.
Mojave Project
Located in the Mojave Desert, California, the Mojave Project comprises over 240 claims across two contiguous prospect areas, namely, the North Block-Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials' claims, highlighting the strong geological continuity and exploration potential of the project area.
In addition to rare earths, the Mojave Project hosts the historic "Desert Antimony Mine", which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With surface samples grading up to 46% Sb as well as silver up to 1,022 g/t Ag, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.
Locksley's North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.
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