お知らせ • Jul 28
Kendrick Resources Plc Reports New Drill Results At Teufelskuppe Project
Kendrick Resources Plc provided further evidence of high-grade portable X-ray fluorescence analytical results over substantial mineralised package widths from diamond drill holes TKDD011 to TKDD013 at the Teufelskuppe 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. 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. Borehole ID, From (m), To (m), Width (m), Grade LREO (wt%): TKDD011 including 1.50, 1.50, 7.50, 9.75, 13.25, 16.52, 1.02, 8.25, 32.5, 34.5, 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, 7.25, 41.07, 1.07, 8.03, 4.03, 9.25, 62.07, 8.04, 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, 11.01, 3.75, 18.52, 1.75, 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. The predominant rare earths of economic value in the TK complex are light elements in the order Ce>La>Nd>Pr, with neodymium (Nd) and praseodymium (Pr) together providing an average 25% (by wt) of the ca. 3% wt% rare earth pool. HREO's average 0.15 wt% across surface and deeper carbonatites. These grades continue to position the TK carbonatite complex in the upper quartile on a global scale compared with the major producers of rare earths elsewhere. 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%. 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. Diversification of market supply to meet increasing manufacturing need is a recognised priority for most industrialised nations and international partnerships are being formed to diversify and protect supply chains for key industrial sectors, and to safeguard against supply disruptions. The Company is advancing JORC-2012 certification of the provisional and visible 14Mt surface mineral resource estimate for TK as announced on 11 May 2026. Recent drill results further underpin the confidence that these surface resources are only a modest fraction of the mineable total as indicated on 15 May 2026. Channel data, when tied-in with the results from boreholes provide ever-increasing certainty of both lateral continuity in surface rare earth mineralisation and the continuation of REE-rich resources at mineable depths well below the natural desert land surface. The Company projects a much larger resource for the overall project than is known at this time. Drill data is showing sub-surface geo-continuity thus offering a potentially significant resource upside. TK is developing into a prospective new source of commercial rare earth production for free-market economies and industrialised nations, and the combination therein of 59 Pr and 60 Nd remains the economic cornerstone of the Project. Development through to production will enable Namibia to realise and secure one of the largest newly recognised rare earth deposits in the world for defence and advanced technologies. The nearby presence of other intrusive carbonatites at Kieshohe, together with a defined in-house (non-JORC) Mineral Resource and established access and infrastructure, positions TK as a near-term development opportunity with exciting potential.