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

  • 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

  • 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

  • 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

  • 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.