Blencowe Resources (BRES) |

#BRES Blencowe Resources Plc – Export Approval for Bulk Samples

Highlights · Ugandan Government approves landmark one-off permit for Blencowe to export bulk sample graphite from Orom-Cross for key final testing · Underlines huge support for Orom-Cross advancement to production at all levels within the country · Blencowe has successfully completed two rounds of smaller sample metallurgical testing on Orom-Cross graphite during 2022, using technical […]

#BRES Blencowe Resources PLC – Metallurgical Test Work Update

Larger sample confirms same high quality end product as previous metallurgical test work. Highlights: · Blencowe successfully completes critical metallurgical test work on substantially up-scaled quantities of Orom-Cross composite mix, as per what was previously tested by SGS in Canada. · Results continue to highlight a high grade, low impurity concentrate can be delivered from Orom-Cross. […]

Alan Green covers Cora Gold #CORA & Blencowe Resources #BRES on this week’s Stockbox Research Talks

Blencowe Resources #BRES – Issue of Options

Issue of Options Blencowe Resources (LSE:BRES), the natural resources company focussed on the development of the Orom-Cross Graphite Project in Uganda, reports the issue of options (“Options”) to directors and senior management. Given the stage of development of the Company and to further align Directors and Senior Management with shareholders, the Company now announces the […]

Blencowe Resources #BRES – Strategic Investment by AIM-Listed Jangada Mines plc and Two Existing Major Shareholders

Blencowe Resources Plc (“Blencowe Resources” or the “Company”) (LSE: BRES) is pleased to announce a placing of 18,750,000 new ordinary shares (“Placing Shares”) at 4 pence per share to raise a total of £750,000 (“Placing”) from three existing shareholders. The placees will receive 1 warrant per 2 Placing Shares, exercisable at 8p for 3 years […]

#BRES Blencowe Resources Plc – Webinar call

Blencowe Resources (BRES:LON), is pleased to announce that it will be presenting a live investor webinar via Zoom conferencing on Tuesday 11th October 2022 at 12:30 pm UK time. The event will be hosted by First Equity Limited, with Blencowe’s CEO, Mike Ralston discussing the recent announcement regarding an approach from a strategic party in […]

Blencowe Resources #BRES – Approach from Potential Strategic Party in China

Blencowe Resources Plc (“Blencowe Resources” or the “Company”) (LSE: BRES) is pleased to announce it has received an approach from a group in China that has the potential to ultimately provide an offtake, funding and development scenario for its 100% owned Orom-Cross graphite project in Uganda. Highlights: Approach received from a strategic party in China […]

Blencowe Resources #BRES – Change of Registered Office

Change of registered office Blencowe announces today that the Company’s registered office address has changed to 167-169 Great Portland Street, Fifth Floor London, W1W 5PF.

Blencowe Resources #BRES – Definitive Feasibility Study Commences on Orom-Cross Graphite Project

Blencowe Resources Plc (“Blencowe Resources” or the “Company”) (LSE: BRES) is pleased to announce that it has commenced the Definitive Feasibility Study for its flagship Orom-Cross graphite project located in Uganda, East Africa. Highlights · Definitive Feasibility Study (DFS) commences with target completion date 2H-2023. · Engagement with specialist graphite engineering firm to manage the […]

Blencowe Resources #BRES – Pre-Feasibility Study Results for Orom-Cross

Pre-Feasibility Study (PFS) Highlights: o Net Present Value (post-tax) of US$482M, a 52% increase on previously reported Preliminary Economic Assessment (PEA) o IRR (post-tax) of 49% o 14-year mine life, which can be increased by additional drilling o US$499/t operating cost (FOB Mombasa port), underlining one of the lowest cost graphite projects worldwide o US$1,307/t weighted average sales price for […]