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Teufelskuppe – New Certified Drill Results

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Kendrick Resources Plc has announced new certified assay results from four diamond drill holes at the Teufelskuppe carbonatite complex, revealing high-grade Light Rare Earth Oxide (LREO) mineralization over significant widths. Notably, drill hole TKDD006 intersected 3.05 wt% LREO over 37.9 meters, TKDD007 returned 2.33 wt% LREO over 31.58 meters, and TKDD009 yielded 2.51 wt% LREO over 16.4 meters, demonstrating excellent continuity and consistent grades across three mineralised sills. These results further support the ongoing development of the Teufelskuppe project and the company's confidence in establishing a mineral resource.

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Kendrick Resources Plc is pleased to provide further certified assay results for an additional 4 diamond drill holes completed on three sills (TK3,4 & 5) at the Teufelskuppe ("TK") carbonatite complex.

High-grade certified assay results include TKDD006 returning a grade of 3.05 wt% LREO over 37.9m.

Mineralisation in the sills shows excellent continuity with notable LREO grades occurring over significant package widths including the abovementioned intercept together with TKDD007 returning 2.33wt% LREO over 31.58m and TKDD009 returning 2.51wt% LREO over 16.4.

Highlights

  • Peak intercepts of 3.12wt% LREO over 5.5m (TKDD007), 3.05wt% LREO over 37.9m (TKDD006) and 3.0wt% LREO over 5.47m (TKDD005).
  • Results provide additional data relevant to three mineralised sills at Teufelskuppe, TK3, 4 and 5.
  • Mineralisation continuity and consistent grade continue to be a characteristic of the TK Carbonatite Complex.

Colin Bird, Chairman of Kendrick Resources, commented: "Excellent results demonstrating continuity and a consistency in grade of LREOs further adds to the ongoing rapid development of the TK Project. With the recent announcement demonstrating the reliability of pXRF results as a preliminary indicator of potential, we remain confident that our programme at TK provides the best opportunity to build a mineral resource and establish a processing flow sheet at the earliest possible opportunity".

Table 1: Diamond Drill Hole Certified Assay Intercepts - Teufelskuppe Project

Borehole IDFrom (m)To (m)Mineralised Width (m)Grade (wt% LREO)
TKDD005 Including0.00 2.138.42 7.608.42 5.472.71 3.00
TKDD0060.0037.937.93.05
TKDD007 Including1.50 24.0633.08 29.5631.58 5.502.33 3.12
TKDD009 Including27.8 38.444.2 42.0716.4 3.672.51 2.92

Qualified Person

Development Plan Progress

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.

pXRF: X-ray fluorescence

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

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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