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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].
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
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].