Barclay Pearce Capital

Oct 10, 2025
2 min read

Locksley Resources (ASX:LKY): 400% Increase in Antimony Target Strike Length

🔍 Positioned at the heart of America’s critical minerals strategy

Locksley Resources Limited is pleased to announce a major advancement at its Mojave Project in California.

📌 Why It Matters:

Recent structural mapping has dramatically expanded the target mineralised corridor at the Desert Antimony Mine (DAM) Prospect and identified a parallel structural target, enhancing the potential for a larger mineralised system across multiple mineralised zones. This expanded target has the potential to strengthen Mojave’s position as a strategic U.S. critical minerals hub, aligned with accelerating domestic supply-chain initiatives.

📌 Investor Highlights:

Structural mapping expands target mineralised corridor at Desert Antimony Mine (DAM) fourfold to 1.2 km, dramatically increasing the exploration target footprint and scale potential
New parallel structural target zone identified 150m west of the main DAM structure, indicating the potential for a multi-zone system
Updated 3D geological model defines seven priority follow up surface sampling targets, supporting imminent exploration targeting and JORC Exploration Target work
Regional mapping identifies lamprophyre dykes, highlighting potential for additional critical mineral occurrences including carbonatites
Mojave emerging as a district-scale critical minerals hub, strategically aligned with accelerating U.S. onshoring policies
Third phase structural mapping program to commence late November to continue building geological understanding of the project and identify new targets
High-grade silver assays up to 216 g/t Ag returned from Hendricks Prospect, alongside anomalous Zn, Pb, and Cu, indicating a broader polymetallic system

👉 View the full announcement here.

BPC - The right people with the right solutions make for brilliant results.

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Barclay Pearce Capital Management Pty Ltd ACN 619 189 847 | AFSL: 503261

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Barclay Pearce Capital Asset Management | ACN: 661 805 250 | CAR: 1302665

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© 2025 Barclay Pearce Capital - BPC | All Rights Reserved

Disclaimer

Barclay Pearce Capital Management Pty Ltd is the holder of an Australian Financial Services Licence (Number: 503261). The information provided on this website is general in nature only and does not constitute personal advice. The information has been prepared without taking into account you or your company’s objectives, financial situation or needs. Before acting on any information on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. You should seek independent financial advice and read the relevant disclosure statements or other offer documents prior to making an investment decision about a financial product. The material contained on the website is for information purposes only and should not be construed as an offer or solicitation or recommendation to buy or sell financial products.

Barclay Pearce Capital acknowledges the Traditional Owners of the land where we work and live, the Gadigal of the Eora Nation and pays our respects to Elders past, present and to the children of today who are the Elders of the future. We celebrate the stories, culture and traditions of Aboriginal and Torres Strait Islander Elders of all communities who also work and live on this land.

Barclay Pearce - The right people with the right solutions make for brilliant results.

Privacy Statement
Financial Services Guide
Research Policy
Complaints Management Policy
Scam Alert

Barclay Pearce Capital acknowledges the Traditional Owners of the land where we work and live, the Gadigal of the Eora Nation and pays our respects to Elders past, present and to the children of today who are the Elders of the future. We celebrate the stories, culture and traditions of Aboriginal and Torres Strait Islander Elders of all communities who also work and live on this land.

Barclay Pearce Capital Management Pty Ltd ACN 619 189 847 | AFSL: 503261

Barclay Pearce Capital Investment | ACN: 667 428 480 | CAR: 1303113

Barclay Pearce Capital Asset Management | ACN: 661 805 250 | CAR: 1302665

Barclay Pearce Capital | ACN: 671 103 254

Barclay Pearce Capital Communications | ACN: 659 740 217

Barclay Pearce Capital Events | ACN: 661 642 726

Barclay Pearce Capital UK LTD | CRN: 15953103

© 2025 Barclay Pearce Capital - BPC | All Rights Reserved

Disclaimer:

Barclay Pearce Capital Management Pty Ltd is the holder of an Australian Financial Services Licence (Number: 503261). The information provided on this website is general in nature only and does not constitute personal advice. The information has been prepared without taking into account you or your company’s objectives, financial situation or needs. Before acting on any information on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. You should seek independent financial advice and read the relevant disclosure statements or other offer documents prior to making an investment decision about a financial product. The material contained on the website is for information purposes only and should not be construed as an offer or solicitation or recommendation to buy or sell financial products.

Barclay Pearce Capital acknowledges the Traditional Owners of the land where we work and live, the Gadigal of the Eora Nation and pays our respects to Elders past, present and to the children of today who are the Elders of the future. We celebrate the stories, culture and traditions of Aboriginal and Torres Strait Islander Elders of all communities who also work and live on this land.