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Airijoki Project Soil Geochemical Characterisation
Airijoki Project Soil Geochemical Characterisation.
About this update from Kendrick Resources Plc
[{"type":"text","content":"\n \n \n \n 29 March 2023\n \n \n \n \n \n \n \n \n \n Kendrick Resources Plc\n \n \n \n \n (\"Kendrick\" or the \"Company\")\n \n \n \n \n \n \n \n \n Airijoki Project Soil Geochemical Characterisation - Additional Targets\n \n \n \n \n \n \n Kendrick Resources Plc (LSE: KEN), a mineral exploration and development company with vanadium, nickel and copper projects in Scandinavia is pleased to provide shareholders with an update on a geochemical characterisation and targeting study recently completed on soil samples collected over its northern Airijoki licenses in Sweden.\n \n \n \n \n \n An Ionic Leach soil sampling programme was completed late last year to cover licence numbers 100 -104 to test for other metals in this vanadium-rich environment, the analysis of which has now been received and reviewed by the Company. Historic wide-spaced soil geochemistry had indicated the presence of copper mineralisation and the most recent study has highlighted the prospectivity of the Airijoki Project with the addition of copper-nickel- cobalt - gold - palladium anomalies and targets over and above the existing vanadium mineral resource and potential vanadium extensions.\n \n \n \n \n \n \n Highlights\n \n \n \n ·\n Four new exploration targets identified outside the main Vanadium trend.\n \n \n ·\n New targets are anomalous for copper, nickel, cobalt, gold, and palladium and are coincident with underlying airborne geophysical anomalism.\n \n \n ·\n Two of the copper, Nickel, cobalt, gold, palladium targets have been prioritised for immediate follow-up once weather permits.\n \n \n ·\n Two targets have estimated minimum strike lengths of approximately 2km and 1km.\n \n \n ·\n The Airijoki licences remain highly prospective for vanadium.\n \n \n \n \n \n Chairman of Kendrick Resources Colin Bird said \"The discovery of other targets for copper, gold, nickel, cobalt, and palladium within the suite of Airijoki licences is very encouraging particularly as the Project remains highly prospective for vanadium. Geophysics has proven successful at defining economic grades of vanadium mineralisation as evidenced by the 40Mt of Mineral Resource reported to date and, we have a number of kilometres of additional geophysical targets that will be drilled later this Year. The potential for the discovery of other met...