Barclay Pearce Capital
- Nov 27, 2025
- 1 min read
Locksley Resources (ASX:LKY): Drill Program Operations Commence at El Campo
🔍 Positioned at the heart of America’s critical minerals strategy
Locksley Resources Limited is pleased to provide a significant operational update for its Mojave Project in California, confirming that the project has now transitioned into the drilling program phase.
📌 Investor Highlights:
- Activities have commenced for Locksley’s maiden drilling campaign at the El Campo Rare Earths Prospect, marking the start of the high-impact exploration phase
- The required reclamation bond for the Desert Antimony Mine (DAM) has been accepted by the Bureau of Land Management (BLM), triggering full approval for the expanded drilling program
- Earthworks and drill site preparation underway at El Campo, with El Campo drilling to be followed immediately by equipment mobilisation to the DAM antimony prospect
- Back-to-back drilling programs ensure a continuous flow of exploration news and data through Q1 and Q2, 2026
- These parallel advancements clear the path for testing both high-grade REE targets (up to 12.1% TREO1) and the expanded Antimony Exploration Target at DAM
👉 View the full announcement here.
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