Locksley Resources Limited Agreement with GreenMet to Advance US Government Engagement

Perth, Australia (ABN Newswire) - Locksley Resources Ltd (ASX:LKY) (OTCMKTS:LKYRF) is pleased to announce the engagement of GreenMet, a Washington D.C. based strategic advisory group, to support the advancement of the Company's Mojave Critical Minerals Project in California, USA. This partnership represents a significant milestone for Locksley, positioning the Mojave Project at the heart of the United States' national security and energy resilience strategy.

Highlights

- Locksley has engaged GreenMet, a Washington D.C. based group with connections to the highest levels of government and industry in the critical minerals sector, to advance its Mojave Critical Minerals Project

- GreenMet will position the Mojave Project within key U.S. Government initiatives under the Defense Production Act, Inflation Reduction Act and Department of Energy programs

- The GreenMet team is led by Drew Horn, a former top US official on strategic minerals and energy supply chain development, having served in the highest leadership assignments at The White House, Office of the Director of National Intelligence (ODNI), and the US Departments of Energy and Defense

- The partnership is targeting grant, loan, and offtake programs from the DOE, DoD, EXIM, and DFC to accelerate the Mojave Project's development, such as the DoE's recent announcement that it plans to issue funding opportunities totaling nearly US$1bn for critical minerals and materials supply chains

- This partnership strengthens Locksley's visibility with policymakers, investors and downstream industry participants in Washington D.C. and major U.S. financial hubs

- The Project's development is integrated with downstream collaboration at Rice University to advance U.S. based processing and technology for defense and energy

- Locksley is positioning to establish the first domestic antimony mine-tomarket secure supply chain in the United States, addressing a critical gap where currently 90-95% of refined supply comes from countries outside the U.S. alliance network

- Locksley's partnership with GreenMet is designed to directly align the Company mine-to-market strategy with these U.S. initiatives

U.S. Government Mandates a "Made in America" Strategy

The United States has elevated critical minerals to a national security priority. Recent legislation, including the Inflation Reduction Act (IRA) and the strategic use of the Defense Production Act (DPA), provides significant financial incentives and support for domestic production. These programs are designed to reduce the nation's reliance on foreign supply chains, which are often dominated by countries outside of the U.S. alliance network.

Locksley's partnership with GreenMet is designed to directly align the Company's mine-to-market strategy with these U.S. initiatives. This approach, which secures minerals at the source and builds advanced processing capabilities through U.S. based research, mirrors the very goals of these government mandates.

By positioning the Mojave Project to access these substantial funding and offtake programs, the Company is not only advancing the Project but also contributing to the establishment of the first domestic antimony processing capacity in the United States, a critical step toward U.S. energy and defense resilience.

About GreenMet and Leadership

GreenMet's advisory team is led by Drew Horn, a recognised authority on U.S. critical minerals strategy.

Mr Horn is the former top U.S official on strategic minerals and energy supply chain development. He has served in the highest leadership assignments at The White House, Office of the Director of National Intelligence (ODNI) and the U.S. Departments of Energy and Defense. Mr Horn 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. Prior to U.S. Government service he was a strategic management consultant at Deloitte. Mr Horn also spent ten years in uniform as a commissioned officer in the U.S Army Special Forces and the U.S. Marine Corps.

GreenMet's leadership also includes Nick Denno as Director of Operations and a highly decorated Special Forces Weapons Sergeant with more than 10 years of experience in special operations. The team combines government, defense, and finance expertise, uniquely positioning GreenMet to guide Locksley's U.S. Government engagement.

Chairman Nathan Lude commented:

"The appointment of GreenMet, under the leadership of Drew Horn alongside Nick Denno, and the GreenMet team, represents a step change for Locksley. Our mine-to-market strategy anchored by Mojave and our U.S. collaboration with Rice University fits directly into U.S. Government initiatives to secure resilient domestic 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 defence, technology and energy markets.

Head of GreenMet, Drew Horn commented:

"The United States is accelerating efforts to secure domestic sources of critical minerals for defense and energy systems, and Locksley's mine-to-market strategy is exactly what these initiatives are designed to support. The Mojave Project, coupled with Locksley's downstream collaboration with Rice University, has the potential to become a cornerstone of the U.S. supply chain. GreenMet is excited to partner with Locksley to help secure government funding support, policy alignment and downstream industry engagement."



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.



Source:
Locksley Resources Limited



Contact:
Nathan Lude
Chairman
Locksley Resources Limited
T: +61 8 9481 0389

News Provided by ABN Newswire via QuoteMedia

LKY:AU
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Locksley Names Industry Veterans CEO and COO to Fast-Track its US Mine-to-Market Effort

Locksley Names Industry Veterans CEO and COO to Fast-Track its US Mine-to-Market Effort

Locksley Resources Limited (ASX: LKY,OTC:LKYRF; OTCQB: LKYRF) announced the appointment of Kerrie Matthews as Chief Executive Officer (CEO) and Danny George as Chief Operating Officer (COO) of the company. The appointments are newly-created positions and significantly strengthen the company's executive leadership team at a pivotal time as Locksley advances the Desert Antimony Mine in Mojave . The two bring skill sets that can lead the company as it accelerates downstream processing and fast-tracks its mine-to-market solutions for antimony in the U.S. More information is available here: https:cdn-api.markitdigital.comapiman-gatewayASXasx-research1.0file2924-02998095-6A1285815&v=c2533a54e2514fb77a8f93f84db686e1125273e9

"The combined backgrounds of these two individuals in critical minerals, major project delivery and contract mining enable Locksley to address one of the most pressing US supply constraints: the absence of large-scale commercial antimony processing capacity," said Pat Burke , chairman of Locksley. "Their appointments significantly enhance our executive capability at a pivotal moment for Locksley, supporting our strategy to transform the historic Desert Antimony Mine into a modern, fully integrated mine-to-market supply chain for 100% Made in America Antimony."

Ms. Matthews is a highly accomplished executive leader with more than two decades of experience delivering significant and capital-intensive projects in the resources and infrastructure sectors. She has held leadership roles in the execution of BHP's US$3.8 billion South Flank Project and Iluka's A$1.8 billion Eneabba Rare Earths Refinery, Australia's first fully integrated rare earths refinery. She brings extensive expertise in governance, stakeholder alignment, cost optimization and regulatory engagement, alongside her proven record of aligning large scale projects with both commercial and government priorities.

Mr. George is an experienced senior executive with a global background spanning all phases of project execution across mining, energy and infrastructure. His past experience includes major projects with WSP, Fortescue, Mineral Resources, Thyssenkrupp and Ausenco, working with leading companies such as Vale, BHP and Hancock Prospecting. His track record includes copper and lithium concentrators, iron ore and coal export facilities, as well as emerging technology projects in hydrogen and green iron. His technical breadth and expertise in rapid project delivery, capital efficiency and large-scale project execution provide Locksley with the operational discipline and agility required to advance the Desert Antimony Mine project on an accelerated schedule.

The company also announced that Julian Woodcook has resigned as technical director to focus on his Managing Director role at Viking Mines Ltd. He has been instrumental in the rapid advancement of the Company's Mojave Project and will continue to offer strategic guidance to the company in a technical consulting capacity.

Locksley Resources ( https://www.locksleyresources.com.au ) is an Australian-based explorer focused on critical minerals and base metals, with assets in both the U.S. and Australia . The company is actively advancing its U.S. Asset, the Mojave Project, in California , targeting rare earths elements (REE) and antimony (The Desert Antimony Mine). The company also has a strategic collaboration with Rice University to develop DeepSolv™ for domestic processing of North American antimony. This agreement is a cornerstone of Locksley's U.S. Critical Minerals and Energy Resilience Strategy to accelerate "mine-to-market" deployment of antimony in the U.S.

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

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/locksley-names-industry-veterans-ceo-and-coo-to-fast-track-its-us-mine-to-market-effort-302566544.html

SOURCE Locksley Resources

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CEO & COO Appointed to Fast Track US Mine to Market Strategy

CEO & COO Appointed to Fast Track US Mine to Market Strategy

Locksley Resources (LKY:AU) has announced CEO & COO Appointed to Fast Track US Mine to Market Strategy

Download the PDF here.

Locksley Resources Limited  CEO and COO Appointed to Fast Track US Mine to Market Strategy

Locksley Resources Limited CEO and COO Appointed to Fast Track US Mine to Market Strategy

Perth, Australia (ABN Newswire) - Locksley Resources Ltd (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is pleased to announce the appointment of Ms. Kerrie Matthews as Chief Executive Officer (CEO) and Mr. Danny George as Chief Operating Officer (COO). These appointments significantly strengthen the Company's executive leadership team at a pivotal time as Locksley advances the Desert Antimony Mine ("DAM"), accelerates downstream processing and the mine-to-market solutions for antimony in the United States.

Ms. Kerrie Matthews - Chief Executive Officer

Ms. Matthews is a highly accomplished executive leader with over two decades of experience delivering nationally significant and capital-intensive projects in the resources and infrastructure sectors.

Her career highlights include senior leadership roles in the execution of BHP's US$3.8 billion South Flank Project and Iluka's A$1.8 billion Eneabba Rare Earths Refinery, the latter being Australia's first fully integrated rare earths refinery and a cornerstone of the nation's critical minerals strategy.

Ms. Matthews brings deep expertise in complex major project delivery, engineering study program execution, governance, stakeholder alignment, cost optimisation, and regulatory engagement. She has a proven track record of aligning large scale projects with both commercial and government priorities.

While recognised for her leadership on billion-dollar projects, Ms. Matthews strength lies equally in obilising teams and cutting through complexity to deliver fast-tracked outcomes. For Locksley, this capability ensures that DAM is advanced efficiently while building the framework for U.S. downstream processing an area where there are currently no large-scale commercial solutions in operation.

Mr. Danny George - Chief Operating Officer

Mr George is a seasoned senior executive with extensive global experience in feasibility studies and the execution of EPCM and EPC contracts across the mining and energy sectors. He has successfully delivered major projects with WSP, Fortescue, Mineral Resources, Thyssenkrupp and Ausenco, working with leading companies such as Vale, BHP and Hancock Prospecting. His track record includes copper and lithium concentrators, iron ore and coal export facilities, as well as emerging technology projects in hydrogen and green iron.

Danny's technical breadth and expertise in rapid project delivery, capital efficiency and large-scale project execution will provide Locksley with the operational discipline and agility required to advance the DAM Project into production at speed. His proven leadership in delivering high-value projects across multiple geographies equips the Company with the capability to manage both upstream ore development and downstream plant construction within an accelerated timeframe.

Strategic Importance

The appointments of Ms. Matthews and Mr. George provide Locksley with the executive leadership, experience, and technical expertise required to deliver a mine-to-market antimony solution in the United States. Importantly, both have proven ability to move quickly from study to execution, ensuring Locksley is positioned as a fast mover capable of delivering critical U.S. supply ahead of the curve. Their combined backgrounds in critical minerals, major project delivery, and contract mining directly address one of the most pressing U.S. supply chain constraints: the absence of large-scale commercial antimony processing capacity.

Following the Company's excellent metallurgical results at the Desert Antimony Mine, Locksley is now positioned to translate technical validation into commercial execution. In parallel with conventional mine development at DAM, the Company is actively assessing non-traditional mining and extraction methods to bring forward initial supply. This includes evaluating flexible and modular mining solutions, contract mining approaches, and low capital processing pathways that can be rapidly deployed to align with the immediate demand from the U.S. Government for secure antimony supply.

By advancing DAM with both traditional and innovative development methods, and by establishing downstream processing capacity, Locksley is uniquely placed to play a pivotal role in strengthening U.S. and allied supply chains. This strategy underpins Locksley's pathway to 100% Made in America Antimony and positions the Company to attract government and institutional support as part of broader initiatives to secure the supply of critical minerals essential for defense, energy transition, and advanced technology applications.

Resignation of Director

Technical Director, Julian Woodcock, has resigned to focus on his Managing Director role at Viking Mines Ltd. Mr Woodcock has played a key role in the accelerated progress of the Company's Mojave Project and will continue to provide strategic guidance as a technical consultant.

Pat Burke, Chairman Locksley Resources, commented:

"The appointments of Kerrie and Danny significantly enhance our executive capability at a pivotal moment for Locksley. Their leadership supports our strategy to transform the historic Desert Antimony Mine into a modern, fully integrated mine-to-market supply chain for 100% Made in America Antimony.

This positions Locksley to deliver value for shareholders while directly addressing one of the United States' most critical national security and energy transition priorities. I would like also sincerely to thank Julian for his services to Locksley during its critical formative period."

Next Steps

Locksley is progressing multiple parallel workstreams to accelerate the development of the Desert Antimony Mine ("DAM") and advance downstream processing:

- Financing and permitting applications underway to support near-term mine development

- Strategic partnerships and government engagement advancing to align Locksley's supply chain strategy with U.S. and allied national security priorities

- Technology pathways being progressed through Rice University's DeepSolv(TM) program and external ore supply agreements, positioning Locksley to establish commercial-scale antimony processing capacity in the U.S

- Non-traditional mining and extraction methods under evaluation to bring forward early supply and respond to immediate U.S. Government demand

These initiatives, together with the recently achieved 85.9% metallurgical recovery result at DAM, reinforce the Company's vision to establish a fully integrated mine-to-market supply chain for 100% Made in America Antimony.



About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: 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 in this highly prospective mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 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 significant surface sample results, 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.

Tottenham Project

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Locksley Resources Limited  Annual Report to Shareholders

Locksley Resources Limited Annual Report to Shareholders

Perth, Australia (ABN Newswire) - During FY25, Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) advanced its Mojave Critical Minerals Project in California and the 100% owned Tottenham Copper-Gold Project in New South Wales. Key outcomes included high-grade antimony results at Mojave, regulatory progress culminating in drilling approvals at El Campo (REE), a successful downhole EM program at Tottenham that defined new drill targets, a capital raise to fund field programs, and completion of an OTCQB listing to broaden U.S. investor access.

*To view the Annual Report, please visit:
https://abnnewswire.net/lnk/YNYTPU22



About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: 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 in this highly prospective mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 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 significant surface sample results, 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.

Tottenham Project

Locksley's Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation

News Provided by ABN Newswire via QuoteMedia

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