Operational Update on the Airijoki Project
Kendrick Resources, a mineral exploration and development company focusing on vanadium, nickel, and copper projects in Scandinavia, has provided an update on its Airijoki Project located in Vittangi, Sweden.
Highlights:
- A total of 8 holes drilled, covering 1394 meters.
- Confirmed vanadium mineralization approximately 2km from the northern boundary of the current 44.3Mt Mineral Resource, which contains over 100,000 tonnes of V(2) O(5).
- The drilling has now covered two of the total seven licenses in the project’s larger land package.
- The next steps include exploring the remaining five licenses, which have potential for both vanadium and copper.
- The company has also brought on an external metallurgical engineer with experience in vanadium, who will work in collaboration with Dr. E Kirby, a Non-Executive director, to oversee future tests.
Colin Bird, Executive Chairman of Kendrick Resources, stated that the latest drill program results mark a significant progression in their effort to further establish the vanadium resource in the Airijoki Project. He emphasized the project’s potential as the team prepares for more comprehensive testing.
About the Drilling Program:
The Airijoki 200 license is situated directly northeast of the Airijoki 100 license. The former license’s boundaries somewhat overlap with the latter, where the estimated 44.3Mt JORC Inferred Vanadium mineral resource is situated.
The drilling targeted a magnetic anomaly identified from a Ground Magnetic Survey done in March 2021. This anomaly aligned with the inferred mineral resource and stretched into the Airijoki 200 license.
Out of the total drilled holes, 7 displayed anomalous vanadium concentrations through portable XRF (pXRF) point measurements.
The collected mineralized samples are currently undergoing laboratory assays to determine the concentrations of V and V(2) O(5) more precisely. Kendrick Resources will release these results once they’ve been thoroughly evaluated.
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