Locksley Hits High-Grade Antimony Below Historic Workings
Event summary
- Maiden drill program at Desert Antimony Mine confirms high-grade mineralization 90m below historical underground workings.
- Peak intersection of 33.51% Sb over 0.4m in hole DADD005A.
- Six of eight drill holes returned significant antimony intersections.
- Results support continuity of mineralization for future targeting.
- Antimony designated as critical mineral by U.S. government with limited domestic production.
The big picture
Locksley's discovery comes as the U.S. seeks to secure domestic supply chains for critical minerals like antimony, which is essential for defense and advanced materials. The find positions the company to potentially capitalize on government priorities around mineral independence, though commercialization will require significant capital and technological development. The Mojave Project's dual focus on REEs and antimony suggests a strategic bet on diversified critical mineral portfolios.
What we're watching
- Resource Expansion
- How Locksley will scale up drilling to define a larger mineralized zone.
- Processing Strategy
- Whether innovative separation technologies can economically extract high-grade antimony.
- Market Positioning
- The pace at which Locksley can establish itself as a primary U.S. antimony supplier.
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