Locksley Resources Limited has secured firm commitments from sophisticated and institutional investors to raise A$1.47 million by issuing 36,666,665 new shares at A$0.04 per share. The successfully oversubscribed placement will finance an ambitious exploration campaign at the Mojave Project in California, USA. With exploration activities now fully funded, company personnel are mobilizing on site to verify priority targets and prepare for an extensive drilling program planned for the September quarter of 2025, contingent on receiving the necessary Bureau of Land Management permits. The exploration initiative will focus on two key targets. At the El Campo Prospect, the company is set to drill six reverse circulation (RC) holes targeting Total Rare Earth Oxides (TREO) with potential grades up to 12.1%, while the Desert Antimony Mine will see three RC drill holes aimed at testing high-grade antimony mineralisation, with grades reaching up to 46%. In addition to drilling, the exploration team will conduct follow-up mapping, rock chip sampling, and detailed geophysical and geochemical studies to further delineate the resource potential across high-priority antimony, rare earth, polymetallic, and copper targets in the region. Locksley Resources Limited is also actively advancing multiple U.S. federal submissions and collaborative efforts to accelerate permitting processes and unlock further opportunities in the critical minerals sector. The Mojave Project, which spans nearly 21 square kilometers across two contiguous claim blocks, is strategically located near one of the world’s highest-grade rare earth element mines. Previous rock-chip tests have returned promising grades, including up to 9.49% TREO at the REE prospects and up to 11.2% antimony at the Desert Antimony Mine, further underpinning the project's potential. The news has sparked mixed sentiment among market observers. Supporters view the capital raise and fully funded exploration campaign as a strong endorsement of Locksley Resources Limited’s strategic direction. They highlight the operational readiness and promising early-stage results from the Mojave Project as catalysts for future share price appreciation. However, skeptics caution that the company remains in the exploration phase, and significant market risks persist, particularly concerning the dependency on timely permitting and the inherent uncertainties of early-stage mineral exploration. This divergence in views reflects the balance between the exciting prospect of critical minerals development and the typical risks that accompany exploration activities.