RE: News on Kieshöhe5 Jun 2026 07:22
Wow this could be very dramatic. Reads incredibly well and as anticipated Kieshöhe could eclipse Teufelskuppe. Doesn’t get much more positive than this statement:
Colin Bird, Chairman, commented:
"These results mark an important milestone in the development of the Bonya Rare Earth Project and significantly enhance our view of the potential scale of the district.
Historically, Teufelskuppe was considered the dominant discovery within Bonya. However,
our ongoing assessment of Kieshöhe
grades and, importantly, the fact that every borehole ended in
mineralised carbonatite gives us growing confidence that Kieshöhe may represent a much larger rare earth system.
Whilst Teufelskuppe remains a highly significant rare earth project, current evidence suggests Kieshöhe could ultimately possess greater tonnage potential. The possibility that both projects form part of an extensive mineralised district opens up an exciting opportunity to define a rare earth resource of truly world-class scale.
With average grades of 1.51 wt% TREO placing Kieshöhe in the upper quartile of comparable hard-rock rare earth projects globally, together with high-grade intercepts of up to 5.46 wt% TREO, we believe the project has the potential to become a strategically important rare earth asset in its own right.
Accordingly, we have intensified exploration and drilling activities across both Kieshöhe and Teufelskuppe. Our objective is to define a combined resource capable of supporting one of the most significant rare earth developments globally and establishing Bonya as a strategically important future source of critical minerals. At the time of releasing the recent in-house valuation, we had not received the KH drill results and thus KH is assigned no value in the valuation report.
The plan remains to integrate the two projects which will significantly enhance the overall project value and the contribution of Bonya in the rare earth arena."