Locksley Announces Major Advancement at Mojave as Structural Mapping Expands Scale of Antimony Target with a 400% Increase in Target Strike Length

Core Insights - Locksley Resources has significantly expanded the scale of its target mineralized corridor at the Desert Antimony Mine (DAM) Prospect, indicating a sixfold increase in the target horizon, which enhances the potential for a larger mineralized system [1][2] - The company is advancing its Mojave Project in California, focusing on critical minerals such as rare earth elements and antimony, and is strategically aligned with U.S. domestic supply-chain initiatives [1][4] - A third phase of structural mapping is set to begin next month to further enhance geological understanding and identify new targets [3] Company Developments - The recent structural mapping has confirmed substantial exploration potential in the Mojave Project, validating the company's rapid exploration and development strategy [2] - The company has established a strategic collaboration with Rice University to develop DeepSolv™ for domestic processing of North American antimony, which is a key part of its U.S. Critical Minerals and Energy Resilience Strategy [4] - High-grade silver assays of up to 216 g/t Ag have been reported from the Hendricks Prospect, alongside anomalous levels of Zn, Pb, and Cu, indicating a broader polymetallic system [5] Industry Context - The Mojave region is emerging as a district-scale critical minerals hub, which is strategically aligned with accelerating U.S. onshoring policies [5] - The identification of lamprophyre dykes through regional mapping highlights the potential for additional critical mineral occurrences, including carbonatites [5]