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newsMar 3, 20261:41

Locksley Resources' Antimony Discovery: A Game Changer

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Locksley Resources unveils exceptional antimony results from Desert Mine, with grades up to 16.9%. Samples confirm extended high-grade veins, boosting confidence in the sites geology. Drilling underway, targeting deeper zones. Antimony, a critical US mineral, could be sourced locally for the first time, with Locksley aiming to produce domestic products.

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Locksley Resources' Antimony Discovery: A Game Changer

Sydney News Today | 2 Min News | The Daily News Now!

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Sydney News Today | 2 Min News | The Daily News Now!Locksley Resources' Antimony Discovery: A Game Changer. Machine-transcribed; use the interactive transcript above to jump the player to any line.

0:00On March 3rd, here's the latest out of Sydney. Loxley resources just announced impressive results from surface grab samples at its desert antimony mine in California. The standout fine was 16.9% antimony with other strong hits at 13.82%, 11.54%, and 11.48%. These come from the company's Mojave project and highlight high grade mineral zones. The samples confirm the extension of rich antimony veins northward from old mining areas and above historic underground works. Each grab weighed between 2 and 3 kg and showed clear stiff-knight, the main antimony mineral. This mapping helps sharpen targets ahead of drilling. Management sees these as a big step forward, building confidence in the site's geology. Drilling kicked off last month, targeting deeper extensions of the known high grade zones. This work combined with underground surveys has revealed multiple potential structures. Antimony counts as a critical mineral for the United States, with almost no local supply right now.

1:04Loxley's project could fill that gap, especially since nearby mines don't produce it. The metal goes into electronics, fire retardants, and defense materials. The company plans to update its three-dimensional geological model with drill data and assays. They're also pushing a pilot processing plant and test work tied to government critical minerals programs, aiming to produce antimony products for the domestic market. This DNN story is thanks to our sponsor details in the description. Do not just fall asleep, drift into what you are listening to, S-O-L-I-S-O-L-Pillow.com.

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