Locksley Resources Antimony & REE Project secures key appointment to lead critical minerals strategy

• Strategic U.S. focused Critical Minerals initiatives launched for the Mojave Antimony and Rare Earths Project in California
• Project targets Antimony (Sb) and Rare Earth Elements (REEs) including NdPr and Cerium, designated as critical by the U.S. Government
• Locksley Resources appoints experienced geologist and geophysicist Allister Caird to lead its critical minerals strategy
• Caird has over 15 years’ experience across academic, technical, and operational resource roles
• He will spearhead its federal collaboration submissions, and potential strategic partnerships with US research and processing groups

Special Report: Locksley Resources has appointed highly experienced geologist and geophysicist Allister Caird to lead its critical minerals strategy, which is centred around development of its Mojave project in California.

Mojave project

The Locksley Resources (ASX:LKY) Mojave project is immediately adjacent to MP Materials’ high-grade Mountain Pass mine and processing facility, which is the only active REE processor in the US. Mountain Pass produces ~15% of global REE supply and has the potential to host numerous REE deposits.

Highlighting this, five of the 25 rock chip samples collected at the El Campo prospect returned high grade results of between 3.74% and 9.49% total rare earth oxides within a six-metre wide mineralised zone.

Mojave is prospective for valuable magnet REEs such as neodymium and praseodymium, as well as antimony with rock chips having returned grades of up to 17%. Importantly, both REE and antimony have been designated as critical minerals by the U.S. government,

LKY is currently proceeding formal engagement with US federal initiatives such as a submission to EXIM Bank to support US content and financing, FAST-41 with federal permitting acceleration application in preparation, an application to support US based processing and strategic metals development under DPA Title III.

Collaboration discussions are also underway with the Department of Energy and National Laboratory for REE separation R&D and antimony purification.

Mojave comprises 260 claims covering 20.9km2 that is spread between the North East and North claim blocks.

Allister Caird has over 15 years’ experience across academic, technical, and operational resource roles, including a senior research position at Australian national science agency CSIRO.

He has a proven record in multidisciplinary exploration and geological  systems modelling, leading field and laboratory-based programs in complex environments including remote  exploration in both the Arctic and Africa, combining cross-disciplinary research, focused on advancing the understanding of complex geological systems.

Importantly for Locksley Resources, his extensive background in applied research, particularly through his time at CSIRO and other leading exploration groups, places him in a strong position to develop the company’s rare earths and antimony initiative with US national laboratories and potential downstream partners.

“We are excited to welcome Allister to the Locksley team. His combination of technical depth, government research experience and project leadership is exactly what we need as Mojave progresses toward a vertically integrated US aligned development model,” chairman Nathan Lude said.

“Mr Caird will begin immediately and will spearhead Locksley’s federal collaboration submissions, and potential strategic partnerships with US research and processing groups.”

This article was developed in collaboration with Locksley Resources, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.