Locksley Resources (ASX:LKY) said surface exposure mapping at the Desert antimony mine, within the Mojave project in California, led to high-grade antimony assay results with a peak value of 16.9% grade of antimony, according to a Tuesday Australian bourse filing.
The samples were collected from earthworks conducted during preparation for the maiden drilling program.
Its shares rose 3% in recent trading on Tuesday.
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.