Locksley Resources targets US critical minerals demand as it expands targets at Mojave Project
Locksley Resources Ltd (ASX:LKY, OTCQB:LKYRF) technical director Julian Woodcock talked with Proactive's Stephen Gunnion about the company’s exploration activities at its Mojave Project in California, targeting critical minerals including rare earth elements and antimony. Woodcock explained that the project is strategically located adjacent to MP Materials’ Mountain Pass Mine — the only rare earth mine currently producing in the United States. The proximity to such a key domestic supply source underscores Mojave’s potential importance, especially amid rising US efforts to secure critical mineral supply chains. The company recently completed structural mapping across the Desert Antimony and El Campo prospects. Woodcock said this had enabled the development of a 3D geological model that is helping define drill targets more precisely. “It’s significantly improved our understanding,” he noted. Locksley has secured drilling permits for five holes at El Campo and three at the Desert Antimony Mine, with plans to expand the latter to up to 15 holes. Samples have shown rare earth oxide grades of up to 12.1% and neodymium-praseodymium concentrations of 3.2%, with antimony samples grading as high as 46%. “We’re funded for this drilling,” Woodcock said, adding that the company is in discussions with US agencies around potential involvement. For more insightful updates like this, head to Proactive’s YouTube channel. Don’t forget to like the video, subscribe, and enable notifications to stay updated on future content. #LocksleyResources #MojaveProject #RareEarths #CriticalMinerals #Antimony #USMining #MPMaterials #ExplorationDrilling #Neodymium #Praseodymium #MineralSupplyChain #ASXResources #ProactiveInvestors
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