Teufelskuppe – New Drill Results
Kendrick Resources Plc has announced significant high-grade rare earth element (REE) drill results from its Teufelskuppe Project, with drillhole TKDD012 intersecting 3.47 wt% LREO over 47.5m, including higher-grade sections of 5.17 wt% over 21.0m and 4.92 wt% over 7.0m. Other drillholes also showed continuous mineralisation, with TKDD011 returning 2.24 wt% over 33.0m and TKDD013 yielding 2.14 wt% over 35.0m. These results demonstrate continuity and impressive mineralised widths, reinforcing the project's potential as a significant source of commercial rare earth production.
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Kendrick Resources Plc is pleased to provide further evidence of high-grade portable X-ray fluorescence ("pXRF") analytical results over substantial mineralised package widths from diamond drill holes TKDD011 to TKDD013 at the Teufelskuppe ("TK") Project.
High-grade results derived from three separate mineralised bodies forming part of the Teufelskuppe carbonatite complex reveal continuous REE mineralisation over impressive mineralised package widths including borehole TKDD012 returning a grade of 3.47 wt% LREO over 47.5m.
Highlights
- The three drillholes returned continuous mineralised intercepts of 2.24 wt% over 33.0m (TKDD011), 3.47 wt% over 47.5m (TKDD012) and 2.14 wt% over 35.0m (TKDD013).
- Drillhole TKDD012 continuous intercept of 3.47 wt% LREO over 47.5m included mineralised sections grading at 5.17 wt% over 21.0m and 4.92 wt% over 7.0m.
- Drillhole TKDD011 continuous intercept of 2.24 wt% LREO over 33.0m included internal mineralised intercepts of 3.62 wt% over 1.75m, 2.98 wt% over 2.25m, 2.50 wt% over 4.0m. The mineralised zone started from a depth of 1.5m below surface.
- Drillhole TKDD013 continuous mineralised intercept of 2.14 wt% over 35.0m included internal mineralised sections of 3.0 wt% over 3.25m, 2.94 wt% over 1.50m and 2.75 wt% over 3.0m. Mineralisation started from surface.
Colin Bird, Chairman of Kendrick Resources, commented: "We are very satisfied with the results of the most recent drilling displaying high-grade mineralisation over good lengths at grades in a consistent range from more than to 2 wt% to more than 4.0 wt% LREO. Consistency of grade and continuity of mineralisation are proving to be characteristic features of the TK Project. We will continue to complete a drill hole every few days and report to shareholders as new results become available"
| Borehole ID | From (m) | To (m) | Width (m) | Grade LREO (wt%) |
|---|---|---|---|---|
| TKDD011 Including | 1.50 1.50 7.50 9.75 13.25 16.5 21.0 28.25 32.5 | 34.50 4.75 9.00 11.25 15.75 18.75 25.0 30.0 34.5 | 33.0 3.25 1.50 1.50 2.50 2.25 4.00 1.75 2.00 | 2.24 2.65 2.97 2.27 2.29 2.98 2.50 3.62 2.80 |
| TKDD012 | 5.25 | 6.50 | 1.25 | 1.73 |
| 10.5 | 11.5 | 1.00 | 2.56 | |
| 14.5 | 14.75 | 0.25 | 6.26 | |
| Including | 30.5 30.5 37.25 41.0 71.0 | 78.0 34.0 39.25 62.0 78.0 | 47.5 3.50 2.00 21.0 7.00 | 3.47 3.22 2.24 5.17 4.92 |
| TKDD013 Including | 0.00 0.00 4.25 11.0 13.75 18.5 21.75 25.75 27.5 | 35.0 3.25 7.50 12.75 17.5 20.25 24.75 26.0 29.0 | 35.0 3.25 3.25 1.75 3.75 1.75 3.00 0.25 1.50 | 2.14 2.36 3.00 2.54 1.86 2.40 2.75 3.48 2.94 |
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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