Kendrick Resources (LSE:KEN) has reported mineralogical and metallurgical results from the Teufelskuppe carbonatite complex, known as the TK project, in Namibia.
The company said analysis confirmed that rare earth elements at the project are hosted primarily in fluorocarbonate minerals including bastnäsite and parisite.
According to Kendrick, more than 95% of the rare earth content identified is contained within minerals that are amenable to established processing methods.
Certified assay results also showed relatively low concentrations of thorium and uranium. Kendrick said the levels rank within the lowest quartile when compared with other hard-rock rare earth projects globally.
The company expects the lower levels of radioactive elements to have implications for the design of the project’s processing flowsheet and potentially for capital expenditure, operating costs, environmental management and permitting. These remain company expectations rather than established project outcomes.
Kendrick is continuing technical and exploration work at Teufelskuppe, including diamond and reverse circulation drilling aimed at defining the depth and extent of the carbonatite mineralisation.
The company also plans to upgrade the project’s mineral resource estimate to JORC (2012) standards.
More about Kendrick Resources PLC
Kendrick Resources Plc is a mineral exploration and development company focused on acquiring and advancing mineral resource projects through exploration and technical studies.
Its strategy includes progressing projects towards production through joint ventures, other arrangements or asset sales. Its current portfolio includes the Bonya Rare Earth Project in Namibia and the Blue Fox licence in northwest Zambia.
At Teufelskuppe, the company is exploring carbonatite mineralisation containing light rare earth elements, including neodymium and praseodymium.
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