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Australia

Locksley ups the ante on US antimony drilling blitz

California’s desert expectation stuck in the Mojave Desert is only 1.4km away from the legendary Mountain Pass Rare Earths mine. Mountain Pass is managed by MP materials listed with NYSE and the country’s only business is the Nadir Earths mine.

Locksley’s wider Mojave project covers more than 250 claims and punches a few critical minerals. In the north, the historical desert antimony mines sit in the north block and the shoulders continue the floor of the MP materials. Locksley’s El Campo Prospect lies a few clicks at a rare Earths hot point in the south and already has drilling confirmations in the bag.

Although the desert mine has been asleep since 1937, it still holds its attractive power. In October last year, the company’s surface sampling revealed more than 1 kilogram of observation notes per 46 percent of antimony and per tone silver, which arranged the scene to focus a renewed discovery.

Since the US has zero domestic antimony production and mostly based on imports from China, Locksley’s project appears as a potential game exchange. Antimony is used in military class ammunition, semiconductors and metal alloys. After applying a ban on export for critical metal a year ago, China tried to find alternative materials to fill the void.

Soon, Locksley’s timing appears on the spot, which will bite the exercise towers to fresh targets and set the news flow to rise.

Although the discovery is still at an early stage in desert expectation, an exciting discovery program, with the demand for the latest high -grade Hitler and critical metals, will enable bettors to closely follow every move of Locksley.

Does your company on the ASX list do something interesting? Contact: Mattbirney@bullsnbears.com.au

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