Kendrick Resources Plc provided an operational update for its Airijoki Project in Vittangi, Sweden. The Airijoki 200 license is located immediately to the northeast of the Airijoki 100 license in which the 44.3Mt JORC Inferred Vanadium mineral resource is estimated and is prematurely terminated between the license boundaries. The drill program targeted the magnetic anomaly produced from a Ground Magnetic Survey completed in March 2021, which coincided with the inferred mineral resource and extended through into the Airijoki 200 license.

A total of 1394 m were drilled from 8 holes and from visible observations and portable XRF (pXRF) point measurements taken every meter, the continuity of the vanadium mineralisation is confirmed. Anomalous vanadium concentrations were detected by pXRF in 7 out of the 8 holes. The mineralised samples have been dispatched to the laboratory for assay, to determine the V, and V2O5 concentrations in both whole rock and magnetic concentrate more accurately.

The assay results are expected to confirm continuity of the Vanadium mineralisation and the potential to significantly expand the current Vanadium resource at Airijoki and will be announced in due course once received and assessed by the Company. The technical information contained in this announcement has been reviewed, verified, and approved by Colin Bird, CC.ENG, FIMMM, South African and UK Certified Mine Manager and Director of Kendrick Resources plc, with more than 40 years' experience mainly in hard rock mining.