Locksley Resources Engages GreenMet to Advance its Critical Minerals Initiative with U.S. Government Entities

- Locksley Resources (ASX: LKY; OTCQB: LKYRF) announced it has engaged GreenMet, a Washington DC based strategic advisory group, to support the advancement of the Company's Mojave Critical Minerals Project in California . This partnership represents a significant milestone for Locksley as GreenMet is expected to position the Mojave Project within key U.S. Government initiatives under the Defense Production Act, Inflation Reduction Act and Department of Energy programs.

"This partnership is targeting grant, loan and offtake programs from a number of US governmental entities that can accelerate the Mojave Project's development," said Nathan Lude , chairman of Locksley. He pointed to the recent announcement by the U. S. Department of Energy of its plans to issue funding opportunities totaling one billion dollars for critical minerals and materials supply chains. "This appointment significantly enhances our ability to access U.S. government and institutional support while further validating Mojave as a critical U.S. project for defense, technology and energy markets," he added.

He noted the partnership strengthens Locksley's visibility with policymakers, investors and downstream industry participants in Washington DC and major US financial hubs.

The GreenMet team is headed by Drew Horn , a former top US official and recognized authority on U.S. critical minerals strategy. He has held senior roles in the U.S. government, advising on the implementation of the Defense Production Act and other federal programs designed to strengthen American industrial and defense supply chains. His expertise lies in securing funding and offtake support for projects that address strategic vulnerabilities in critical minerals.

GreenMet's leadership also includes Mark Green , former senior advisor to U.S. government agencies and private capital markets and Retired General David Barrett , who brings extensive sector experience and high-level relationships across the U.S. national security community. This combination of government, defense and finance experience uniquely positions GreenMet to guide Locksley's U.S. government engagement.

More information is available at: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02983635-6A1280075&v=4a466cc3f899e00730cfbfcd5ab8940c41f474b6 and at the company's website: https://www.locksleyresources.com.au .

About Locksley Resources Limited

Locksley Resources is an Australian-based explorer focused on critical minerals and base metals, with assets in both the United States and Australia . The company is actively advancing exploration of its US asset, the Mojave Project, targeting rare earth elements (REEs) and antimony. Located in the Mojave Desert in California , the Project comprises more than 250 claims. The North Block area directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials' claims. In addition to rare earths, the Mojave Project hosts the historic "Desert Antimony Mine," which last operated in 1937. The United States currently has limited domestic antimony production and demand for the metal runs high due to its essential role in defense systems, semiconductors and metal alloys. Locksley's position is strengthened by rising geopolitical urgency to diversify supply chains away from China , the global leader in both REE and antimony production. The Company's Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security..

Contact: Beverly Jedynak , Beverly.jedynak@viriathus.com , 312-943-1123; 773-350-5793

Cision View original content: https://www.prnewswire.com/news-releases/locksley-resources-engages-greenmet-to-advance-its-critical-minerals-initiative-with-us-government-entities-302538257.html

SOURCE Locksley Resources

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Locksley Resources Limited  Strengthens Leadership to Accelerate Growth Strategy

Locksley Resources Limited Strengthens Leadership to Accelerate Growth Strategy

Perth, Australia (ABN Newswire) - Locksley Resources Ltd (ASX:LKY) (OTCMKTS:LKYRF) is pleased to announce the appointment of Mr Pat Burke as Non-Executive Chairman. Mr Burke brings proven experience and success in advancing rare earth element (REE) projects and has significant corporate governance expertise, ASX listed leadership experience and a strong track record in the resources sector.

In his role as Executive Chairman of Meteoric Resources NL (ASX:MEI), MC ~$370m, he oversaw the transformative acquisition and advancement of the Caldeira ionic clay REE project in Brazil, one of the world's largest high grade ionic clay rare earth deposits. Mr Burke was actively involved in all aspects of the project's initial progression, including negotiations with government agencies, local partners and funders.

He is a qualified lawyer, with over 20 years legal and corporate advisory experience. Mr Burke's legal expertise is in corporate, commercial and securities law. His corporate advisory experience includes identification of acquisition targets, deal structuring and financing and project development.

He has held Board roles across numerous ASX companies, as well as AIM and NASDAQ-listed companies, including Mandrake Resources and Vulcan Energy Resources.

Locksley is entering a significant growth phase as it advances its Mine to Market Strategy. In conjunction with Mr Burke's appointment, Mr Nathan Lude will transition from Chairman to the newly created role of Head of Strategy, Capital Markets & Commercialisation. This reflects the Company's focus on advancing its U.S. minerals projects, processing pathways and downstream critical minerals and technology initiatives. In this role Mr Lude will dedicate his time to:

Downstream Technology & Commercialisation

- Coordinating Locksley's collaboration with Rice University to fast-track antimony extraction, processing and energy storage innovation

- Securing commercial licensing opportunities, pilot site identification, and deployments

- Driving the establishment and contributions of Locksley's U.S. subsidiary and Advisory Board

Strategic Partnerships & Government Engagement

- Building strategic partnerships and alliances with U.S. defense, energy, and targeted technology sectors

- Coordinating engagement through GreenMet, including submissions to U.S. federal and state government programs and funding opportunities such as the DOE, DoD, and EXIM Bank

Capital Markets & Investor Growth

- Overseeing marketing, investor relations, and public relations

- Coordinating with ASX funds and investors, while expanding the U.S. investor base via OTCQB

- Assessing growth pathways to OTCQX, NASDAQ, SPAC structures, and Frankfurt listing

Mr Lude commented:

"Locksley has rapidly advanced its growth strategy in recent months, advancing both upstream project development and new downstream opportunities. This change allows me to focus on our Mine to Market initiatives in the U.S., where our projects and partnerships can meaningfully strengthen America's critical minerals supply chain. With Pat leading the Board, drawing on his experience and success in identifying and advancing the Meteoric REE opportunity and his deep industry knowledge on critical minerals, I can dedicate my time to building the business foundations for Locksley's next phase of investor growth."

Mr Burke commented:

"Locksley's integrated approach from resource development through to downstream processing and advanced applications is well aligned with the current U.S. focus on secure, strategic critical minerals supply chains. I look forward to working with the Board and management to advance the Company's portfolio and deliver value for shareholders."



About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY) (OTCMKTS:LKYRF) is an ASX-listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development of critical minerals for U.S.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 240 claims across two contiguous prospect areas, namely, the North Block-Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials' claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project hosts the historic "Desert Antimony Mine", which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With surface samples grading up to 46% Sb as well as silver up to 1,022 g/t Ag, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

Locksley's North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

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