Locksley Advances Toward U.S. Antimony Production

Locksley Resources (ASX: LKY) advances toward near-term antimony production in the U.S., achieving key technical milestones, progressing project financing, and positioning as a critical minerals leader.

<ul><li>Development planning and early-stage financing underway to establish U.S. antimony production at the Desert Antimony Mine (DAM) with support from a recent US$191m EXIM Bank LOI.</li><li>Expression of Interest initiated with U.S. engineering contractors; underground access confirmed as stable and accessible for phased mine development.</li><li>Bulk sample testwork returns high grades (7.6%–7.8% Sb), validating processing pathway for premium concentrate; meeting industrial and defence standards.</li><li>Exploration Target at DAM estimated between 772,000 and 1,382,000 tonnes at 2.5% to 4.9% Sb, equating to 19,400 to 67,700 tonnes of antimony metal (JORC 2012), with additional drilling and mapping scheduled.</li><li>Integrated mine-to-market strategy aligns with U.S. policies to restore critical mineral processing capability, supported by downstream partnerships and advanced technology initiatives.</li></ul>