Teufelskuppe – New Drill Results
Kendrick Resources Plc has announced new drill results from its Teufelskuppe Project, confirming shallow, high-grade rare earth element (REE) mineralisation. Drill hole TKDD004 returned an average grade of 2.30 wt% TREO over 5.50m, including higher-grade intervals. TKDD005 intersected 2.35 wt% TREO over 8.00m from surface, demonstrating continuity. TKDD006 showed extensive mineralisation with multiple high-grade intercepts, such as 3.40 wt% TREO over 2.50m, and intervening lower-grade sections averaging 2.04 wt% TREO over 20 metres. These results reinforce confidence in the project's scale and resource potential.
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Teufelskuppe - New High-Grade REE Drill Results Continue to Demonstrate Shallow Mineralisation and Strong Continuity
Kendrick Resources Plc is pleased to announce the latest portable X-ray fluorescence (pXRF) analytical results from diamond drill holes TKDD004 to TKDD006 at the Teufelskuppe ("TK") Project, further demonstrating the extensive, shallow and high-grade nature of rare earth element ("REE") mineralisation within the carbonatite complex.
The latest drilling continues to confirm broad zones of near-surface mineralisation together with multiple high-grade TREO intercepts, reinforcing the Company's confidence in the scale, continuity and resource potential of the TK Project.
Highlights
- TKDD004 intersected continuous near-surface REE mineralisation from surface to 5.50m, returning an average grade of 2.30 wt% TREO, including high-grade intervals of:
o 3.21 wt% TREO over 0.50m from 3.25m
o 3.61 wt% TREO over 0.75m from 4.75m
- TKDD005, designed to test shallow mineralisation, returned an intersection of 2.35 wt% TREO over 8.00m from surface, confirming the continuity of high-grade mineralisation close to surface.
- TKDD006 intersected an extensive mineralised zone characterised by multiple high-grade intervals, including:
o 3.40 wt% TREO over 2.50m from 3.25m
o 3.01 wt% TREO over 1.50m from 9.75m
o 3.33 wt% TREO over 2.75m from 17.25m
o 3.02 wt% TREO over 2.75m from 22.25m
o 3.00 wt% TREO over 3.75m from 32.75m
- These high-grade intervals in drill hole TKDD006 are hosted within broad zones of continuous REE mineralisation, with the intervening lower-grade sections returning an average grade of 2.04 wt% TREO across a combined 20 metres of drill intercept, highlighting the exceptional continuity of mineralisation throughout the hole.
- Drill core has been comprehensively logged and submitted for laboratory analysis to validate the pXRF results and support ongoing resource estimation.
- The results from TKDD004 to TKDD006 continue to demonstrate the consistency of high-grade REE mineralisation across the TK carbonatite complex and further enhance confidence in the project's potential to define a significant shallow rare earth resource.
Colin Bird, Chairman of Kendrick Resources, commented: "Further evidence of excellent continuity of mineralisation is enhanced by the presence of mineralised drill intercepts beginning at surface. Mineralisation is found occurring over substantial widths and it important to note that between the highlighted high-grade intercepts we have continuous mineralisation running at equally impressive grades relative to TK's peers at an average grade of approximately 2 wt% TREO. We will continue to update shareholders with further drill results."
Table 1: Notable pXRF Mineralised Intercepts in Drillholes TKDD004 to TKDD006
| Borehole ID | From (m) | To (m) | Mineralised Width (m) | Grade TREO (wt%) |
|---|---|---|---|---|
| TKDD004 Including | 0.00 3.25 4.75 | 5.50 3.75 5.50 | 5.50 0.50 0.75 | 2.30 3.21 3.61 |
| TKDD005 | 0.00 | 8.00 | 8.00 | 2.35 |
| TKDD006 | 0.00 2.25 3.25 6.00 9.75 11.50 15.0 17.25 20.25 25.25 28.25 30.0 32.75 36.75 | 1.75 3.0 5.75 9.50 11.25 14.50 16.0 20.0 25.0 28.0 29.5 32.5 36.5 37.75 | 1.75 0.75 2.50 3.50 1.50 3.00 1.00 2.75 4.75 2.75 1.25 2.50 3.75 1.00 | 1.93 1.73 3.40 1.90 3.01 2.40 2.60 3.33 1.90 3.02 2.00 1.90 3.00 2.34 |
Development Plan Progress
Economics and Markets
Rare earths are critical to specific modern technologies where no effective substitutes exist. Sustained demand for super magnets in electronics, renewable energy, and electric vehicles continues to push prices upwards and manufacturing need shows no sign of slowing. The global metals market is valued at approximately $18.2 billion with a Compound Annual Growth Rate (CAGR) of 7.6% (Intnl. Energy Agency, 2026). The present trends are further underpinned by demands for rare earths used in defence systems, medical imaging, telecommunications and advanced visual displays. All these sector demands underpin the commercial potential of the TK project.
Near-Term Development Plan for TK
Glossary:
Cone sheet: A type of ring intrusion with margins which dip inwards.
MRE: Mineral Resource Estimate
Parisite: A group of fluorcarbonates with typical mineral formula Ca(Ce/La/Nd/REE)2(CO3)3F2.
TREE: Total Rare Earth Elements; sum of LREE and HREE to a total of 17 elements.
LREO: Light Rare Earth Oxides including La2O3, CeO2, Nd2O3, Pr6O11, Sc2O3, Sm2O3, Eu2O3.
TREO: Total Rare Earth Oxides.
Wt % = Weight Percentage
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