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Locksley Resources Announces Significant Expansion of its Exploration Program for both Rare Earths and Antimony After Increasing its Landholding to More than 40 Square Kilometers in California's Mojave Region
Prnewswire· 2025-09-15 12:35
Core Insights - Locksley Resources Ltd. is significantly expanding its exploration program in the Mojave Desert, increasing its landholding to 491 claims over more than 40 sq km, which includes 249 new claims adjacent to MP Materials, the only Rare Earths producing mine in North America [1][4]. Group 1: Company Expansion - The expansion of landholding is a pivotal step for Locksley Resources, enhancing its strategic position in the Mojave Critical Minerals Corner [1]. - The company is focusing on both existing antimony and rare earth elements, as well as exploring additional commodities identified on its larger landholding [3]. Group 2: Exploration and Development - A substantial historical shaft, over 15 meters deep, has been discovered during recent geological mapping, and the company is evaluating the composition of historically mined commodities [3]. - Locksley Resources is advancing its U.S. asset, the Mojave Project, targeting rare earth elements and antimony, and has initiated a strategic collaboration with Rice University for domestic processing of antimony [4]. Group 3: Market Positioning - With the U.S. Government's focus on securing domestic supply chains for critical minerals, Locksley is positioned to provide a mine-to-market solution for antimony and rare earths [2].