Teufelskuppe – New Drill Results
Kendrick Resources Plc has announced new drill results from its Teufelskuppe Project, reporting high LREO grades over substantial mineralised widths. Diamond drill holes TKDD014 to TKDD018 intersected continuous mineralisation ranging from 10.50m to 36.75m, with notable grades including 2.24 wt% LREO over 36.75m in TKDD016, 2.87 wt% LREO over 33.75m in TKDD015, and 4.77 wt% LREO over 19.25m in TKDD017. These results are consistent with previous findings and reinforce the company's belief in the project's potential in the rare earth elements market.
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Kendrick Resources Plc is pleased to provide further portable X-ray fluorescence ("pXRF") analytical results reporting high LREO grades over substantial mineralised package widths from diamond drill holes TKDD014 to TKDD018 at the Teufelskuppe ("TK") Project.
High-grade results derived from one hole (TKDD014) intersecting LREO mineralisation in the TK4 sill, two holes (TKDD015 & TKDD017) drilled into the TK1 dyke mineralised structure, one hole (TKDD016) intersecting mineralisation in the TK5 sill and one hole (TKDD018) targeting the TK7 sill. All mineralised bodies intersected significant mineralisation of continuous package widths ranging from 36.75m to 10.50m including 2.24 wt% LREO over 36.75m, 2.87 wt% LREO over 33.75m and 4.77 wt% LREO over 19.25m.
Highlights
- TKDD014 drilled as part of a fence of holes into sill structure TK4 intersected LREO mineralisation over a continuous package width of 35.75m at 2.03 wt$ LREO from 0.25m depth
- TKDD015 intersected bands of high-grade mineralisation of 3.39 wt% over 2m and 4.19 wt% LREO over 2.50m at 24.25m and 29.75m respectively before intersecting a continuous mineralised package of 33.75m at 2.87 wt% LREO from 46.50m depth. The hole ended in mineralisation.
- TKDD016 intersected 36.75m of continuous LREO mineralisation at a grade of 2.24 wt% from a depth of 7.0m. The drill hole successfully intersected mineralisation in the TK5 sill.
- TKDD017 achieved impressive intercepts in the TK1 dyke structure with peak intercepts of 4.77 wt% LREO over 19.25m from 21.75m. The continuous mineralised package included an intercept of 5.80 wt% LREO from29.0m.
- TKDD018 achieved two notable intercepts into the TK7 sill of 2.35 wt % over 15.25m from 3.25m and 2.45 wt% LREO over 10.5m from 21.75m depth.
Colin Bird, Chairman of Kendrick Resources, commented: "Again this is a pleasing set of results consistent with previously reported numbers and the regular appearance of higher grades over significant intervals is becoming a common feature of the complex. The theme of consistency continues and every new set of results endorses our belief that the project progresses towards superiority in the emerging REE arena."
| Borehole ID | From (m) | To (m) | Width (m) | LREO Grade (wt%) |
| TKDD014 | 0.25 | 36.0 | 35.75 | 2.03 |
| TKDD015 Including Including Including | 24.25 29.75 38.25 46.5 46.5 46.5 55.75 62.25 73.75 77.5 | 26.25 32.25 41.50 80.25 70.00 53.75 61.25 70.00 80.25 80.25 | 2.00 2.50 3.25 33.75 23.50 7.25 5.50 7.75 6.50 2.75 | 3.39 4.19 2.33 2.87 2.71 3.75 3.26 2.16 4.60 8.18 |
| TKDD016 Including | 7.00 26.75 36.75 | 43.75 31.25 41.50 | 36.75 4.50 4.75 | 2.24 2.68 2.80 |
| TKDD017 Including | 14.75 21.75 21.75 29.00 | 17.00 41.00 25.50 41.00 | 2.25 19.25 3.75 12.00 | 4.04 4.77 3.43 5.80 |
| TKDD018 | 3.25 21.75 | 18.5 32.25 | 15.25 10.50 | 2.35 2.45 |
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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