Locksley Resources Limited (AU:LKY) has released an update.
Locksley Resources Limited has announced drilling approvals for its high-grade El Campo ‘lode’ at the Mojave Project, adjacent to the US’s only operating rare earth element mine. The company has expanded its land claims by 5.7km², bolstering its position in a promising area for rare earth elements. With a solid cash position of $2.3 million after the quarter’s exploration activities, Locksley is poised for its next phase of development.
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