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Locksley Resources Limited ( (AU:LKY) ) has provided an announcement.
Locksley Resources Limited has secured a drilling permit from the Bureau of Land Management for its El Campo Rare Earths Prospect in the Mojave Critical Minerals Project, USA. This marks a significant advancement in the project’s development, with drilling anticipated to commence in the September quarter of 2025. The approval aligns with recent federal guidance on critical minerals, highlighting the strategic importance of the El Campo Prospect, which is located near the only active rare earth mining and processing facility in the U.S. The initiative is expected to enhance Locksley’s operational capabilities and industry positioning in the critical minerals sector.
More about Locksley Resources Limited
Locksley Resources Limited is a company operating in the mining industry, focusing on the exploration and development of rare earth elements. The company is strategically involved in projects that aim to capitalize on critical mineral resources, particularly in the United States.
Average Trading Volume: 11,772,531
Technical Sentiment Signal: Buy
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