News....23 Jan 2026 15:12
Kendrick Resources PLC - Scandinavia-focused mineral exploration and development company - Enters into option to acquire no less than a 70% stake in rare earth assets in Namibia. "The two license areas are known as Twyfelskupje and Keishohe and are hosted within a carbonatite and alkaline intrusive structural corridor," Kendrick adds. The option has been agreed with Bonya Exploration Pty Namibia and an exclusivity is valid until May 19. Kendrick adds: "Work will commence immediately on assaying, currently available but unassayed core, further trenching and identification of drilling targets. Kendrick will concurrently carry out all necessary legal, financial and regulatory checks before determining whether to exercise the option."