Kendrick raises £1.76m for Namibia uncommon earths mission

London-listed Kendrick Sources has raised about £1.76-million by means of the difficulty of 25.2-million new bizarre shares to advance growth of its Bonya uncommon earths mission.

The corporate notes {that a} drilling programme is at the moment beneath means on the mission with the purpose of delivering a maiden joint ore reserves committee-compliant useful resource by the tip of the third quarter of this yr.

The Bonya mission includes two separate carbonatite sheeted complexes, the Teufelskuppe and the Keishohe uncommon earth carbonatites.