Please visit www.blencoweresourcesplc.com to view updated presentation. 

 

For further information please contact:

Blencowe Resources Plc Sam Quinn (London Director)	www.blencoweresourcesplc.com Tel: +44 (0)1624 681 250 info@blencoweresourcesplc.com
Brandon Hill Capital Limited Jonathan Evans (Corporate Finance)	Tel: +44 (0)20 3463 5000 jonathan.evans@brandonhillcapital.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.