Locksley Resources is exploring for REE and Antimony at their Mojave project in California, USA. The Mojave project is next door to Mountain Pass, US's only producing REE mine, and one of the highest grade mines globally. Last week, Dateline Resources had their Colosseum REE Mine endorsed by Donald Trump and is expected to have their permitting process expedited to secure America's needs for critical minerals.
"The resumption of mining at Colosseum Mine supports efforts to bolster America's capacity to produce the critical materials needed to manufacture the technologies to power our future… Interior continues to support industries that boost the nation's economy and protect national security."
"These endorsements highlight the strategic significance of the Colosseum Project for U.S. national interests"
Significance for Locksley's Mojave project:
Original guidance for drilling approvals was a costly process that could take 12 months but the recent Executive Order may expedite permitting due to the strategic importance of Antimony and REE. The company now anticipates streamlined permitting opportunities via the NationalEnergy Dominance Council (NEDC).
Previous sampling results at Mojave include:
• Rock chip assays returning up to 46% antimony (Sb)• Eight samples with over 17% Sb, and 18 samples above 1.4% Sb • High-grade silver assays, including up to 1,022 g/t Ag • Polymetallic mineralization, with elevated lead, zinc, and copper
Prospective horozon for REE at their El Campo prospect expends over 860m with 7 samples returning grades over 1% and 5 samples returning over 3% with one sample grading 12.1% REE.
