Locksley Resources Identifies Antimony at California Project; Shares Surge 42%

Locksley Resources (ASX:LKY) identified antimony from a recent sampling program conducted at the Mojave project in California, according to a Thursday filing with the Australian bourse.

Rock chips collected from the previously producing Desert antimony mine yielded up to 8.3% and 11.2% antimony, the filing said. The mining firm has mobilized an exploration team to follow up on the high-grade sample.

Shares of Locksley Resources surged nearly 42% in recent Thursday trade.

Price (AUD): $0.03, Change: $+0.010, Percent Change: +41.67%