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Locksley Resources Limited ( (AU:LKY) ) just unveiled an announcement.
Locksley Resources has reported exceptional assay results from a batch sampling program at the Desert Antimony Mine, part of its Mojave Project in California, with grades reaching up to 26.1% antimony and a combined weighted average of 18.7% from 287kg of material. The high-grade, primary antimony mineralisation at the site underpins plans for a 2026 pilot processing facility, promising operational efficiencies including reduced mass-pull, lower energy consumption, smaller plant footprint and simplified flowsheets, which collectively strengthen the company’s pathway to premium concentrate production and enhance its strategic positioning in critical U.S. defence supply chains.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
More about Locksley Resources Limited
Locksley Resources Limited is an ASX-listed resources company focused on the development of the Mojave Project in California, targeting high-grade antimony deposits. The company aims to produce premium antimony concentrates and downstream products such as antimony trioxide and trisulfide, which are critical materials for the U.S. defence industrial base.
Average Trading Volume: 7,713,764
Technical Sentiment Signal: Buy
Current Market Cap: A$64.4M
For detailed information about LKY stock, go to TipRanks’ Stock Analysis page.