Kendrick Resources (LSE:KEN) told investors that pXRF results from its latest drilling at the Teufelskuppe project in Namibia have delivered some of its strongest grade and width combinations to date.
The company has now completed 90 drill holes at the site, comprising 38 diamond and 52 reverse circulation holes, with sampled composites going to independent laboratories for certified assay.
Teufelskuppe is a carbonatite-hosted rare earth project in south-west Namibia in which Kendrick holds a 70% interest, and the company is working toward a maiden JORC (2012) Mineral Resource Estimate across the multiple sills and dykes that make up the deposit.
Results included continuous intercepts of 5.08% light rare earth oxides (LREO) over 20 metres and 4.85% over 23 metres, alongside peak grades reaching 6.98% LREO over 6 metres and 5.90% over 7 metres.
Kendrick also reported wider, lower-grade zones exceeding 2% LREO over spans up to 78 metres, which it said points to potential bulk high-grade tonnage.
The company is using pXRF readings, cross-checked against certified assays announced on 2 September, to build an in-house geological model and volumetric estimate ahead of converting the work into a JORC-compliant resource.
"The consistency of grade combined with excellent continuity of mineralisation over substantial widths remain the defining features of the Teufelskuppe deposit," said Colin Bird, Kendrick's chairman.
Two drill rigs remain active, expanding coverage across the sills and dykes of the Teufelskuppe carbonatite complex, with further infill diamond drilling underway.