en.Wedoany.com Reported - In Namibia's Bonya rare earth district, London-listed Kendrick Resources, through reanalysis of historical drill holes, has preliminarily identified its Kieshöhe target as having significant rare earth discovery potential on par with its flagship Teufelskuppe project.
Systematic portable X-ray fluorescence analysis completed re-assays on seven previously untested historical drill holes, revealing an average total rare earth oxide (TREO) grade of 1.51%, dominated by high-value light rare earth elements (including neodymium and praseodymium). Each drill hole terminated in mineralized carbonatite or related rare earth-bearing veins, indicating the system remains open at depth. The average drill hole depth exceeds 85 meters, with all holes ending in massive carbonatite or mineralized veins.
Kendrick reports that Kieshöhe's grade ranks in the top quartile among hard rock rare earth projects globally. Company Chairman Colin Bird stated that these results mark an important milestone in the development of the Bonya rare earth project and significantly enhance the company's view of the region's potential scale. He noted that historically, Teufelskuppe was considered the dominant discovery within Bonya, but ongoing evaluation of Kieshöhe increasingly suggests this view may be too conservative. The widespread mineralization, high grades, and the fact that every drill hole terminated in mineralized carbonatite give the company growing confidence that Kieshöhe may represent a larger rare earth system.
Bird emphasized that while Teufelskuppe remains a very important rare earth project, current evidence indicates Kieshöhe may ultimately have greater tonnage potential. The two projects may form part of a broadly mineralized area, opening up the possibility of defining a truly world-class rare earth resource.
With an average TREO grade of 1.51% and high-grade intervals reaching up to 5.46% TREO, Kendrick believes the project itself has the potential to become a strategically important rare earth asset. Accordingly, the company has intensified exploration and drilling activities at Kieshöhe and Teufelskuppe. The company's goal is to define a combined resource to support one of the world's most significant rare earth developments, positioning Bonya as a strategically important source of future critical minerals.
Bird added that when releasing the recent internal valuation, the company had not yet received Kieshöhe drilling results, and therefore no value was assigned to Kieshöhe in the valuation report. The plan remains to integrate the two projects to significantly enhance overall project value and Bonya's contribution to the rare earth sector.
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