Locksley Resources (ASX:LKY) has expanded its strategic footprint within the Mojave Critical Minerals Corridor in the US, following the staking of an additional 249 claims, increasing its landholding to more than 40km2.
The new claims, adjacent to Locksley’s existing tenement position and adjoining MP Materials landholding include the Mountain Pass Rare Earth Mine.
The new claims secure additional acreage abutting the recently identified antimony, rare earths, and polymetallic mineralisation.
Technical Director Julian Woodcock says this expansion enhances the company’s footprint in a region central to US critical minerals security.
“With additional ground abutting our existing claims and adjoining the MP Materials Mountain Pass larger claim package, we are exceptionally well-positioned to advance a diversified pipeline of exploration and downstream opportunities across antimony, rare earths, other critical minerals and precious metals potential,” Woodcock says.
Locksley, which has a market capitalisation of $74.31 million, will prioritise completing registration activities of the new claims, as well as compile and integrate new geological data from the expanded tenure.
Upon completion, stream sediment and rock chip sampling programs will be designed across the area with the aim to be carried out in Q4 2025.
Locksley will also undertake a systematic exploration program targeting antimony, rare earths, and polymetallic anomalies. Concurrently, permitting will be advanced to fast-track drilling approvals.
The Mojave Project, located in the Mojave Desert, California, comprises over 250 claims across two contiguous prospect areas.
Locksley Resources is a critical minerals explorer in the US focused on rare earths and antimony discoveries.
Write to Aaliyah Rogan at Mining.com.au
Images: Locksley Resources
