Kendrick Resources Initiates Phase II Drilling at Bonya Rare Earth Project
London, UK – Kendrick Resources Plc (LSE: KEN), an emerging mineral exploration and development firm, has announced the official launch of Phase II drilling at its Bonya rare earth project, focusing on the Teufelskuppe (TK) and Keishohe (KH) carbonatites.
The decision to advance to this next phase follows detailed reconnaissance and a comprehensive analysis of historical exploration data, including channel sampling and drilling reports. Kendrick has identified drill collar locations to substantiate historic non-JORC (2012) Mineral Resource Estimates. This proactive step is motivated by the consistently high-grade rare earth element (REE) assays recorded from past exploration efforts at both TK and KH sites.
“We are excited about the substantial insights gained from our initial data review, which proved crucial for our strategic planning,” stated Colin Bird, Executive Chairman of Kendrick Resources Plc. “Given the quality of prior exploration work, we are accelerating our drilling efforts at targeted sites. This could significantly enhance shareholder value, and we will keep our shareholders informed as we obtain new results.”
Key Highlights:
Teufelskuppe (TK)
- All eight identified REE carbonatite intrusions (TK1A, TK1B, TK2–TK7) within the Teufelskuppe cone sheet complex will undergo drilling.
- Each TK intrusion is marked by notably high REE grades.
- The drilling initiative aims to confirm the structural orientation of the cone sheets, which will inform closely spaced drilling necessary for establishing a maiden JORC (2012) Mineral Resource Estimate.
Keishohe (KH)
- A similar drilling program has commenced at the nearby KH complex, known for its numerous mineralized bodies resulting from extensive cone sheet formations, signaling the potential for a significant rarer resource.
- KH has previously yielded high-grade mineralization from multiple drilling sites, further indicating its potential.
Additional Studies
- Kendrick has commissioned a digital elevation model (DEM) to assess the volume of above-ground mineralization at TK, as well as high-resolution orthophotos for both the TK and KH licenses to assist in future development planning.
- Expert consultants from the U.S. will perform an array of petrological studies, utilizing advanced techniques like electron microprobe analysis and X-ray diffraction, aimed at refining metallurgical testing and enhancing the understanding of mineralogical characteristics.
In close proximity to key high-grade cone sheets, Kendrick has also identified various mineralized breccias, with observable REE-bearing veins and rock fragments suggesting additional resource potential. Bulk samples are being collected for further analysis, with particular attention on dry ore sorting tests to create a high-grade pre-concentrate.
Background on the Bonya Project
The Bonya Rare Earth Project consists of two contiguous carbonatite complexes, Teufelskuppe (TK) and Keishohe (KH), located in Namibia. Historical exploration results have been documented in a recent study published in the Geological Magazine, affirming both the validity and quality of the data collected.
The TK carbonatite exhibits an impressive average grade of 3.1% total rare earth oxides (TREO) across 295 whole-rock samples, with central zones revealing even higher concentrations. This resource is characterized by significant amounts of valuable elements such as Neodymium (Nd) and Praseodymium (Pr), enhancing the project’s attractiveness against global benchmarks.
Economic Prospects
With global demand for rare earth elements rising – driven by industries ranging from technology to defense – the Twyfelskupje project is positioned as a strategically significant source of Nd and Pr, addressing the imperative of diversifying supply chains away from dominant suppliers.
For further inquiries, please contact:
Kendrick Resources Plc
Chairman: Colin Bird
Tel: +44 2039 616 086
For more information, visit Kendrick Resources.
Source: Original Source
