Significant Enlargement of Exploration Program

Locksley Resources accelerates and expands its exploration activities in the Mojave Project after substantial landholding growth and discovery of historic mining workings, positioning the company strongly in the critical minerals sector.

<ul><li>Significant expansion and acceleration of exploration program following increase in claim portfolio and discovery of a historic shaft at Mojave Project.</li><li>New targets include antimony, rare earth elements, and additional commodities confirmed by recent geological mapping and sampling.</li><li>Substantial historical workings (estimated >15m depth) discovered at Hendricks Prospect, providing new exploration opportunities.</li><li>Successful broker and analyst site visit showcased the scale of tenure and strategic location alongside MP Materials, highlighting potential for a mine-to-market solution.</li><li>Supports U.S. strategic aims for critical mineral independence with a focus on rare earths and antimony supply chain diversification.</li></ul>

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Significant Enlargement of Exploration Program