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Locksley Resources Adds 249 Additional Claims to Landholding of More than 40 sq km of Highly Prospective Critical Minerals Ground in California's Mojave Region
MTIMTI(US:MTX) Prnewswire·2025-09-11 12:20

Core Insights - Locksley Resources Limited has expanded its strategic footprint in the Mojave Critical Minerals Corridor by staking an additional 249 claims, bringing the total to 491 claims [1][2]. Group 1: Expansion and Strategic Positioning - The new claims are adjacent to Locksley's existing tenement position and MP Materials landholding, which includes the Mountain Pass Rare Earth Mine [2]. - The expansion strengthens Locksley's competitive positioning in a key critical minerals region in the U.S., with increasing demand for antimony and rare earth elements (REEs) driven by U.S. supply chain security initiatives [3]. - The southeast claims encompass favorable gneissic geology, which is significant for potential REE-bearing carbonatites and other mineralization styles [4]. Group 2: Exploration Opportunities - The northern claims are located 3 km from Dateline Resources' Colosseum Gold Project, indicating multiple commodity opportunities in the area [5]. - Several new claims directly adjoin the Mountain Pass larger claim package, enhancing exploration discovery potential and long-term commercialization pathways [5]. Group 3: Strategic Collaborations - Locksley Resources is focused on critical minerals and base metals, actively advancing its Mojave Project in California, targeting REEs and antimony [6]. - The company has announced a strategic collaboration with Rice University to develop DeepSolv™ for domestic processing of North American antimony, marking a step in its U.S. Critical Minerals and Energy Resilience Strategy [6].