What's Happening?
Locksley Resources Limited has identified a high-grade mineralized silver corridor at its Mojave Project in California. The discovery, confirmed through reconnaissance and surface rock chip sampling, extends
nearly 3 kilometers and includes high-grade silver mineralization with assay results up to 409 g/t silver. The project also shows significant base metal mineralization, including copper, lead, and zinc, enhancing the project's overall prospectivity.
Why It's Important?
The discovery of a high-grade silver corridor at the Mojave Project represents a significant advancement for Locksley Resources, potentially increasing the project's value and attractiveness to investors. The presence of multiple commodities, including silver and base metals, positions the project as a diversified critical minerals opportunity in the U.S. This could have implications for the domestic supply of strategic minerals, supporting national interests in resource independence.
What's Next?
Locksley Resources plans to advance the exploration of the silver and base metals opportunity through a systematic exploration program. This will include detailed geological mapping, petrological and geochemical studies, and the delineation of high-priority drill-ready targets. The company aims to continue its exploration activities in parallel with ongoing projects at the Desert Antimony Mine and El Campo prospects.
