Locksley Resources Finds Thorium Anomalies at California Project
MT Newswires Live
Dec 10, 2025
Locksley Resources (ASX:LKY) found a thorium anomaly in the North Block claims following data processing of recently completed helicopter-borne magnetic and radiometric survey across the Mojave project in California, according to a Wednesday filing with the Australian bourse.
A second thorium anomaly was also defined, trending parallel and located 700 meters east of the El Campo prospect, the filing said.
The anomaly is a key indicator for potential rare earth element mineralization.
Structural interpretation is underway, with field teams set to verify the new anomalies, per the filing.
Shares rose 1% in midday trade on Wednesday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.