Adding to the intrigue, several samples were taken from areas showing visible copper mineralisation, including malachite staining along quartz veins. One standout rock chip delivered 117g/t silver alongside 3.1 per cent copper, confirming copper is a meaningful component of the system rather than just background noise.
In total, Locksley says it has now collected close to 400 rock chip samples across the North Block, with more than 260 taken along the newly interpreted mineralised corridor. With multiple samples now in the bag, the company has a solid foundation to start prioritising targets rather than simply chasing isolated anomalies.
Strategically, the silver discovery slots neatly alongside Locksley’s core antimony ambitions. The Mojave project also hosts the historic Desert Antimony mine, one of the highest-grade known antimony occurrences in the United States. At a time when the country has no domestic antimony production, coupled with growing demand from defence, semiconductor and alloy markets, ongoing development of Locksley’s Mojave project has generated a great deal of attention in Washington.
Locksley Resources managing director Kerrie Matthews said: “Defining a 3km mineralised trend with surface results of up to 409 g/t silver and 1.5 per cent copper is a highly encouraging outcome. Importantly, this discovery complements our core antimony development strategy and gives exposure as a diversified U.S. critical minerals company.”
To sharpen the picture, Locksley says it plans to roll out detailed geological mapping along the corridor, backed by petrology and geochemistry, which the company will run in parallel with a review of its induced polarisation and electromagnetic surveys. The aim is to zero in on high-priority, drill-ready targets and test whether the broad surface footprint stacks up as a coherent, high-grade system at depth.
For a company already positioned at the intersection of geopolitics and critical minerals, the emergence of a large silver-rich corridor in Mojave could prove a timely bonus for Locksley.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
