Locksley Uncovers 3km High-Grade Silver Corridor at Mojave Project
Locksley Resources has identified a significant high-grade silver and polymetallic mineralised corridor extending nearly 3km at its Mojave Project in California, marking a major step forward in its exploration strategy.
- High-grade silver assays up to 409g/t confirmed
- Polymetallic mineralisation includes copper, lead, and zinc
- Mineralised corridor extends approximately 3km from initial discovery
- Systematic exploration planned including mapping, geophysics, and drill targeting
- Project aligns with US critical minerals independence goals
Discovery of a Mineralised Corridor
Locksley Resources Limited (ASX – LKY) has announced a breakthrough at its Mojave Project in California, revealing a high-grade silver and polymetallic mineralised corridor that stretches nearly 3 kilometres from the initial discovery near the historic Desert Antimony Mine. Rock chip sampling has returned impressive assays, with silver grades reaching as high as 409 grams per tonne, alongside significant base metals including copper, lead, and zinc.
Polymetallic Potential and Geological Context
The discovery highlights a polymetallic quartz vein system, suggesting the presence of a large-scale hydrothermal system beneath the surface. Samples have shown copper concentrations up to 4.2%, lead and zinc up to 1.5%, indicating a complex mineral assemblage that could hold substantial economic value. The mineralised corridor extends from the Silver Prospect through to historical workings, including the Hendricks Shaft, reinforcing the project's potential as a polymetallic resource.
Advancing Exploration Strategy
In response to these encouraging results, Locksley plans a systematic exploration program encompassing detailed geological mapping, petrological and geochemical studies, and geophysical surveys such as Very Low Frequency Electromagnetics and Induced Polarisation. These efforts aim to delineate drill-ready targets along the northwest-southeast trending corridor, which will be critical for confirming the extent and grade of mineralisation at depth.
Strategic Importance and Market Positioning
The Mojave Project is strategically positioned within the United States’ critical minerals landscape, hosting not only silver and base metals but also rare earth elements and antimony. Given the geopolitical imperative to reduce reliance on foreign supply chains, particularly from China, Locksley’s integrated mine-to-market approach aligns well with US objectives for critical mineral independence and economic security.
Looking Ahead
While these surface sampling results are promising, the true economic potential of the mineralised corridor will depend on forthcoming drilling campaigns and further technical studies. The company’s CEO, Kerrie Matthews, emphasised the discovery’s complementarity to their core antimony strategy and the upside exposure it provides to precious and base metals within a single, high-quality project area.
Bottom Line?
Locksley’s Mojave discovery sets the stage for a pivotal exploration phase that could reshape its critical minerals portfolio.
Questions in the middle?
- What will initial drilling reveal about the depth and continuity of the mineralised corridor?
- How might the polymetallic nature of the system influence future project economics and processing methods?
- What geophysical survey results will best guide the next phase of exploration targeting?
