Locksley Resources is ramping up its exploration efforts at the Mojave Project in California following a major land acquisition and the discovery of a significant historical mining shaft, signaling new opportunities in critical minerals.
- Substantial expansion of Mojave Project landholding adjacent to MP Materials
- Discovery of a historical mining shaft over 15 meters deep at Hendricks Prospect
- Accelerated and enlarged exploration program targeting antimony, rare earths, and other commodities
- Recent broker and analyst site visit highlights strategic positioning and geological potential
- Initial sampling and geological mapping underway with detailed plans forthcoming
Strategic Expansion in a Critical Minerals Hotspot
Locksley Resources Limited (ASX, LKY) has announced a significant enlargement and acceleration of its exploration program at the Mojave Project, located in California’s mineral-rich Mojave Desert. This move follows a substantial increase in the company’s landholding, which now directly abuts MP Materials, a leading rare earths producer. The expanded tenure enhances Locksley’s footprint in a region of growing strategic importance amid global efforts to secure critical mineral supply chains.
Discovery of a Historical Shaft Spurs New Targets
During recent geological mapping, Locksley’s team uncovered a previously undocumented historical mining shaft within the North Block of the Mojave Project, now named the Hendricks Prospect. Estimated to be over 15 meters deep, this shaft and its associated underground workings represent a promising new exploration target. Initial grab samples have been collected and submitted for laboratory analysis to determine the specific commodities extracted historically, potentially expanding the project’s commodity scope beyond antimony and rare earth elements.
Focused Exploration on Multiple Fronts
The company is accelerating its exploration activities to capitalize on this discovery and the enlarged land position. The expanded program will not only continue to target high-grade antimony and rare earth elements at known prospects such as the Desert Antimony Mine and El Campo but will also investigate additional commodities indicated by the new findings. Geological mapping data is being integrated to refine targeting ahead of a follow-up sampling campaign and maiden drilling program.
Engaging Stakeholders and Highlighting Potential
Locksley recently hosted a site visit for brokers and analysts, providing firsthand exposure to the scale and geological promise of the Mojave Project. The visit underscored the company’s strategic positioning alongside MP Materials and its commitment to advancing exploration in a critical minerals corridor that aligns with U.S. government priorities for domestic supply chain security. Chairman Pat Burke emphasized the company’s readiness to deliver a mine-to-market solution for antimony and rare earths, commodities essential for defense, technology, and clean energy sectors.
Looking Ahead
With the groundwork laid through expanded claims, new discoveries, and stakeholder engagement, Locksley is poised to provide a detailed exploration roadmap in the coming weeks. The company’s efforts could significantly contribute to diversifying critical mineral sources away from dominant global suppliers, particularly China, and enhance shareholder value through strategic resource development.
Bottom Line?
Locksley’s expanded Mojave exploration sets the stage for a pivotal chapter in critical minerals supply amid shifting geopolitical landscapes.
Questions in the middle?
- What will the assay results from the Hendricks Prospect reveal about commodity potential?
- How quickly can Locksley advance from exploration to drilling and resource definition?
- What partnerships or funding opportunities might emerge given the project’s strategic location?