Barclay Pearce Capital
- Nov 13, 2025
- 2 min read
Locksley Resources (ASX:LKY): Locksley Advances Toward U.S. Antimony Production
🔍 Positioned at the heart of America’s critical minerals strategy
Locksley Resources Limited is pleased to announce advancements with its U.S. Mine-to-Market strategy. The Company has delivered numerous key technical milestones including a LiDAR underground survey, metallurgical processing updates, a Bulk Sample, underground workings assessment and maiden Exploration Target (JORC 2012).
📌 Why It Matters:
These milestones have provided Locksley with the confidence to fast track the redevelopment plans and initiate extraction studies of mineralisation at the Desert Antimony Mine (DAM) Prospect.
📌 Investor Highlights:
- Expressions of Interest (EOI) initiated with U.S engineering contractors to commence with extraction of mineralisation at the DAM mine, marking the start of development and positioning Locksley as a near-term U.S. antimony producer
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DAM underground access assessment confirms the structural stability and accessibility of the historical workings, supporting safe re-entry and phased mine development planning towards future development
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325 kg bulk sample delivers a high head grade of 7.6% to 7.8% Sb with flotation testwork underway and supported by the initial sighter testwork completed on a 23.1kg sample at 9.6% Sb which delivered a 68.1% Sb premium concentrate (see ASX Announcement 22 September 2025), meeting industrial and defence specifications
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Establishes a pathway to deliver 100% American made mine-to-metal antimony supply chain, positioning Locksley as a strong contributor in restoring U.S. critical mineral independence
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Leveraging recent EXIM Bank LOI for US $191m and U.S. policy momentum, the Project aligns directly with federal initiatives to rebuild American processing capability for defence and energy systems
👉 View the full announcement here.
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