Blencowe Resources PLC Updated Corporate Presentation
May 19 2021 - 5:34AM
RNS Non-Regulatory
TIDMBRES
Blencowe Resources PLC
19 May 2021
Date: 19th May 2021 Blencowe Resources Plc
("Blencowe" or the "Company")
Updated Corporate Presentation
Blencowe Resources Plc ("Blencowe Resources" or the "Company")
(LSE: BRES), the natural resources company focussed on the
development of the 100% owned Orom-Cross Graphite Project in
Uganda, is pleased to advise an updated corporate presentation has
been uploaded to the Company's website and can be found here:
https://blencoweresourcesplc.com/presentation/
The presentation provides information on the recent maiden JORC
resource, current ongoing and fully funded work programs and a
broader overview of the increasingly buoyant graphite market,
driven by the continued expansion of the EV market.
For further information please contact:
Blencowe Resources Plc
Sam Quinn www.blencoweresourcesplc.com
Investor Relations Tel: +44 (0)1624 681 250
Sasha Sethi info@blencoweresourcesplc.com
Tel: +44 (0)7891 677 441
sasha@flowscomm.com
Brandon Hill Capital Limited Tel: +44 (0)20 3463 5000
Jonathan Evans jonathan.evans@brandonhillcapital.com
First Equity Limited Tel: +44(0)20 7330 1883
Jason Robertson jasonrobertson@firstequitylimited.com
Background
Orom-Cross is a potential world class graphite project both by
size and end-product quality, with a high component of larger
flakes identified from previous work performed. A 21-year Mining
Licence was issued by the Ugandan Government in 2019 following
extensive historical work on the deposit.
Orom-Cross presents as a large, shallow open pitable deposit,
with an estimated resource in excess of 3 billion tonnes of
graphite. Development of the resource is expected to benefit from a
low strip ratio and free dig operations, thereby ensuring lower
operating and capital costs.
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