(OTCQX: LKYRF) • (ASX: LKY)
Sector: Mining
Locksley Resources is a minerals exploration company focused on critical metals and rare earth elements, operating across Australia and the United States. Their flagship Mojave Project in California lies adjacent (~1.4 km) to the Mountain Pass rare earth mine, giving strategic proximity to existing infrastructure and processing capacity. The company targets antimony, rare earth elements (REEs), copper, gold, and base metals. Their Australian assets include the Tottenham Project in New South Wales, spanning ~470 km² of prospective ground for copper and gold. Locksley also emphasizes innovation in downstream processing and strategic partnerships to advance domestic supply chains for defense, energy, and technology.
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In a world increasingly defined by technological advancement and geopolitical complexity, securing a domestic supply of critical minerals is no longer optional, it's essential. Locksley Resources is answering that call. With a project located just 1.4km from the only operating rare earths mine in the United States, our company is strategically positioned to play a central role in reshoring America's rare earth and antimony supply chains.
Locksley Resources is listed on the ASX and OTCQX, with a mission to unlock secure U.S. supply of rare earths and antimony. We are advancing exploration at our Mojave Project in California, a Tier 1 location next to existing infrastructure, federal support, and direct downstream opportunity.
We operate with a focus on:
El Campo sits at the heart of a globally strategic corridor for rare earth elements. Just 1.4km from the Mountain Pass Mine, North America's only active REE producer. El Campo offers immediate geological prospectivity and national relevance. With rock chip grades up to 12.1% TREO and a defined 860m mineralised horizon, this fully permitted target is ready for drilling in Q3 2025.
The Desert Antimony Prospect builds on the legacy of one of California's few historical antimony mines. With surface assays as high as 46% Sb and outcropping quartz-calcite-stibnite veins, this project offers both exceptional grade and scale potential. Locksley is advancing drilling and permitting to reintroduce domestic antimony production to the U.S. market.
The Project is located in the Cobar-Girilambone district
Located in Central NSW in the highly prospective Lachlan Fold
Belt Cobar-Girilambone district and includes a 30 km strike length of
Volcanic Hosted Massive Sulphide (VHMS) copper corridor.
Tottenham comprises of four granted Exploration Licences
(EL 9307, EL 6592, EL 6656 and EL 8384) and covering an area of
approximately 470km2. All Tenements granted until 2026.
The review will assess potential to grow the project’s resource base, following previous exploration success. Drilling conducted between 2021 and 2023 outlined a JORC 2012 compliant inferred mineral resource of 9.86Mt @ 0.72% Cu, 0.22g/t Au, 2g/t Ag at a 0.3% Cu cut off across the Carolina and Mount Royal – Orange Plains deposits. Notable high-grade intercepts suggest strong potential for further resource expansion.
Carolina and Mount Royal – Orange Plains are situated within an under-explored and prospective land package containing 50km total strike length of a Volcanic Hosted Massive Sulphide (VHMS) copper corridor.
A thorough evaluation of all available geological and geophysical data, including geophysics, soil and rock chip sampling, and historic drilling, will form the basis for a near-term exploration plan. High-priority drill targets have already been identified.
PATRICK BURKE: Non-Executive Chairman - Mr Burke has significant corporate governance expertise, ASX listed leadership experience and a strong track record in the resources sector. He is a qualified lawyer, with over 20 years legal and corporate advisory experience. Mr Burke's legal expertise is in corporate, commercial and securities law. His corporate advisory experience includes identification of acquisition targets, deal structuring and financing, and project development. He has held Board roles across numerous ASX companies, as well as AIM and NASDAQ-listed companies; including Meteoric Resources, Vulcan Energy Resources and Province Resources. In his role as Executive Chairman of Meteoric Resources NL, he oversaw the transformative acquisition and advancement of the Caldeira ionic clay REE project in Brazil, one of the World's largest high grade ionic clay rare earth deposits. Mr Burke was actively involved in all aspects of the project's initial progression including negotiations with government agencies, local partners and funders.
KERRIE MATTHEWS: Chief Executive Officer - Ms. Matthews is a highly accomplished executive leader with over two decades of experience delivering nationally significant and capital-intensive projects in the resources and infrastructure sectors. Her career highlights include senior leadership roles in the execution of BHP's US$3.8 billion South Flank Project and Iluka's A$1.8 billion Eneabba Rare Earths Refinery, the latter being Australia's first fully integrated rare earths refinery and a cornerstone of the nation's critical minerals strategy. Ms. Matthews brings deep expertise in complex major project delivery, engineering study program execution, governance, stakeholder alignment, cost optimisation, and regulatory engagement. She has a proven track record of aligning large scale projects with both commercial and government priorities. While recognised for her leadership on billion-dollar projects, Ms. Matthews strength lies equally in mobilising teams and cutting through complexity to deliver fast-tracked outcomes. For Locksley, this capability ensures that DAM is advanced efficiently while building the framework for U.S. downstream processing an area where there are currently no large-scale commercial solutions in operation.
DANNY GEORGE: Chief Operating Officer - Mr George is a seasoned senior executive with extensive global experience in feasibility studies and the execution of EPCM and EPC contracts across the mining and energy sectors. He has successfully delivered major projects with WSP, Fortescue, Mineral Resources, Thyssenkrupp and Ausenco, working with leading companies such as Vale, BHP and Hancock Prospecting. His track record includes copper and lithium concentrators, iron ore and coal export facilities, as well as emerging technology projects in hydrogen and green iron. Danny's technical breadth and expertise in rapid project delivery, capital efficiency and large-scale project execution will provide Locksley with the operational discipline and agility required to advance the DAM Project into production at speed. His proven leadership in delivering high-value projects across multiple geographies equips the Company with the capability to manage both upstream ore development and downstream plant construction within an accelerated timeframe.
STEVE WOODHAM: Non-Executive Director - Over 30 years in exploration, development, and corporate leadership. Founding director of Centaurus, YTC Resources (Aurelia), and LFB Resources. Former Managing Director of Kingwest and Tellus Resources
BEVAN TARRATT: Non-Executive Director - Specialist in ASX company recapitalisations, acquisitions, and restructuring. 20+ years' experience in accounting, corporate finance, and broking/
Corporate Office: Level 1, 3 Ord Street, West Perth WA 6005
Email: info@locksleyresources.com.au
Phone: +61 8 9481 0389
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