Locksley Resources: High-Grade Antimony Intersections at DAM
Key points
- Assay results confirm high-grade antimony mineralisation below historical workings
- Significant intersections include 4.0m @ 4.87% Sb and 33.51% Sb over 0.4m
- Drilling supports continuity of mineralisation and potential for larger system
Full summary
Locksley Resources Limited has reported assay results from its maiden diamond drilling program at the Desert Antimony Mine (DAM) in California. The drilling confirmed high-grade antimony mineralisation below the historical underground workings, with significant intersections including 4.0 metres grading 4.87% Sb and a peak of 33.51% Sb over 0.4 metres. The results support the continuity of mineralisation and suggest the presence of a larger hydrothermal antimony system. The Company is progressing with ongoing exploration activities and plans to refine the geological model and target future drilling opportunities.
Outlook
The Company believes the current drilling may only represent limited testing of a broader mineralised system with further potential for additional mineralisation along strike and at depth.
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