In his position as Government Chairman of Meteoric Sources NL (ASX:MEI), MC ~$370m, he oversaw the transformative acquisition and development of the Caldeira ionic clay REE challenge in Brazil, one of many world’s largest excessive grade ionic clay uncommon earth deposits. Mr Burke was actively concerned in all facets of the challenge’s preliminary development, together with negotiations with authorities companies, native companions and funders.
He’s a professional lawyer, with over 20 years authorized and company advisory expertise. Mr Burke’s authorized experience is in company, business and securities regulation. His company advisory expertise consists of identification of acquisition targets, deal structuring and financing and challenge growth.
He has held Board roles throughout quite a few ASX corporations, in addition to AIM and NASDAQ-listed corporations, together with Mandrake Sources and Vulcan Vitality Sources.
Locksley is getting into a major progress section because it advances its Mine to Market Technique. Together with Mr Burke’s appointment, Mr Nathan Lude will transition from Chairman to the newly created position of Head of Technique, Capital Markets & Commercialisation. This displays the Firm’s concentrate on advancing its U.S. minerals initiatives, processing pathways and downstream vital minerals and expertise initiatives. On this position Mr Lude will dedicate his time to:
Downstream Expertise & Commercialisation
– Coordinating Locksley’s collaboration with Rice College to fast-track antimony extraction, processing and power storage innovation
– Securing business licensing alternatives, pilot web site identification, and deployments
– Driving the institution and contributions of Locksley’s U.S. subsidiary and Advisory Board
Strategic Partnerships & Authorities Engagement
– Constructing strategic partnerships and alliances with U.S. protection, power, and focused expertise sectors
– Coordinating engagement by means of GreenMet, together with submissions to U.S. federal and state authorities packages and funding alternatives such because the DOE, DoD, and EXIM Financial institution
Capital Markets & Investor Progress
– Overseeing advertising and marketing, investor relations, and public relations
– Coordinating with ASX funds and buyers, whereas increasing the U.S. investor base by way of OTCQB
– Assessing progress pathways to OTCQX, NASDAQ, SPAC constructions, and Frankfurt itemizing
Mr Lude commented:
“Locksley has quickly superior its progress technique in current months, advancing each upstream challenge growth and new downstream alternatives. This variation permits me to concentrate on our Mine to Market initiatives within the U.S., the place our initiatives and partnerships can meaningfully strengthen America’s vital minerals provide chain. With Pat main the Board, drawing on his expertise and success in figuring out and advancing the Meteoric REE alternative and his deep trade data on vital minerals, I can dedicate my time to constructing the enterprise foundations for Locksley’s subsequent section of investor progress.”
Mr Burke commented:
“Locksley’s built-in strategy from useful resource growth by means of to downstream processing and superior purposes is effectively aligned with the present U.S. concentrate on safe, strategic vital minerals provide chains. I stay up for working with the Board and administration to advance the Firm’s portfolio and ship worth for shareholders.”
About Locksley Sources Restricted:
Locksley Sources Restricted (ASX:LKY) (OTCMKTS:LKYRF) is an ASX-listed explorer centered on vital minerals in america of America. The Firm is actively advancing exploration throughout the Mojave Mission in California, concentrating on uncommon earth parts (REEs) and antimony. Locksley Sources goals to generate shareholder worth by means of strategic exploration, discovery and growth of vital minerals for U.S.
Mojave Mission
Positioned within the Mojave Desert, California, the Mojave Mission includes over 240 claims throughout two contiguous prospect areas, specifically, the North Block-Northeast Block and the El Campo Prospect. The North Block instantly abuts claims held by MP Supplies, whereas El Campo lies alongside strike of the Mountain Cross Mine and is enveloped by MP Supplies’ claims, highlighting the robust geological continuity and exploration potential of the challenge space.
Along with uncommon earths, the Mojave Mission hosts the historic “Desert Antimony Mine”, which final operated in 1937. Regardless of america presently having no home antimony manufacturing, demand for the steel stays excessive because of its important position in protection techniques, semiconductors, and steel alloys. With floor samples grading as much as 46% Sb in addition to silver as much as 1,022 g/t Ag, the Desert Mine prospect represents one of many highest-grade identified antimony occurrences within the U.S.
Locksley’s North American place is additional strengthened by rising geopolitical urgency to diversify provide chains away from China, the worldwide chief in each REE & antimony manufacturing. With its maiden drilling program deliberate, the Mojave Mission is uniquely positioned to align with U.S. strategic goals round vital mineral independence and financial safety.
