Locksley Drills Rare Earths Near Mountain Pass

0:00Loxley resources just spun up the drill rig at their Mojave project in California, kicking off the first-ever drilling at the El Campo Rare Earth, prospect. It's only 6.5 kilometers southeast of MP Materials Mountain Pass Mine, the sole operating Rare Earth spot in the U.S. They're testing surface mineralization that hit up to 12.1% total Rare Earth oxides with four diamond holes along a nine, 100 meter stretch. This program's chasing sheared carbonate height hosted Rare Earths, the same set of powering mountain pass for over 70 years. Loxley's technical director says it'll give the first underground data on continuity to shape the project's future. Meanwhile, they're using one rig efficiently after wrapping drills at their nearby desert antimony prospect. The push fits the U.S. drive for homegrown critical minerals, vital for defense, national security, and robotics. A hit here could lock Loxley into that national supply chain, cutting reliance on foreign sources right next to a government-backed giant.

1:02They're also waiting on assays from the antimony drilling, where surface grabs top to 46% antimony. Plus, they teamed with Rice University to make stable battery-grade antimony graphite using a simple solvent process, eyeing pure defense grade metal. With drills turning a mountain passes shadow, Loxley stacking Rare Earth and antimony plays to fuel America's mineral boom, potentially turning, prospects into major domestic winds. That wraps Sydney News today, brought to you with AI.