Locksley resources appoints retired air force general to advisory board

SAN BERNARDINO, Calif. - Locksley Resources (ASX:LKY; OTCQX:LKYRF), currently trading at $0.02 with a beta of 1.66 indicating higher market volatility, announced Tuesday the appointment of Major General (Ret.) Peter J. Lambert to its advisory board as the company advances its critical minerals strategy in the United States. According to InvestingPro data, the company has demonstrated strong returns over the past three months despite operating in a challenging market environment.

Lambert brings over 30 years of experience in intelligence, defense and technology integration from his U.S. Air Force career and subsequent executive role at General Dynamics Information Technology.

The appointment comes as Locksley continues development of its Mojave Project in California, which focuses on rare earth elements and antimony extraction. These minerals are considered strategically important for various industrial and defense applications.

"Peter’s appointment to the Locksley Advisory Board comes at a pivotal time for the United States as the country seeks to secure and strengthen its domestic supply of critical minerals," said Kerrie Matthews, Locksley’s Chief Executive Officer, in a press release statement.

According to the company, Lambert’s expertise will support Locksley’s efforts in systems integration, strategic capability development, government engagement, and risk intelligence.

Locksley Resources describes itself as pursuing a "mine-to-market" strategy for antimony, aiming to establish domestic supply chains for critical materials through partnerships with U.S. research institutions and industry partners.

The company’s Mojave Project represents part of broader efforts to reduce U.S. dependence on foreign sources for critical minerals used in various technological and defense applications.

In other recent news, Locksley Resources Limited has entered into a Research & Development Agreement with Rice University. This collaboration is focused on developing domestic processing capabilities for U.S.-sourced antimony. The partnership aims to address the current lack of commercial-scale antimony processing in the United States. As part of this initiative, the company plans to develop environmentally friendly extraction processes for antimony from its Mojave Project. Additionally, the research will explore applications for antimony-based materials in energy storage systems. These recent developments highlight Locksley Resources Limited’s commitment to advancing technology in the field of antimony processing and energy storage.

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