Blencowe Resources #BRES relinquishes Akelikongo Nickel Project to focus on Orom-Cross

Blencowe Resources Plc (“Blencowe Resources” or the “Company”) (LSE: BRES) announces that is has terminated its agreement with SIPA Resources (“SIPA”) with respect to the Akelikongo nickel project. The decision by Blencowe to terminate the agreement means it is no longer required to issue US$350,000 of shares  to SIPA as part of the consideration following […]

#BRES Blencowe Resources – Investor Webinar Call

Blencowe Resources (BRES:LON), is pleased to announce that it will host a shareholder conference call and Q&A via Zoom conferencing this Wednesday 27 July 2022 at 12:00 pm UK time. The call will be hosted by Blencowe’s CEO, Mike Ralston who will discuss the Company’s recently announced pre-feasibility study (“PFS”) and strategy moving forward. Registration […]

#BRES Blencowe Resources – Research Note

Blencowe Resources (“Blencowe” or the “Company”) (BRES:LON), is pleased to note the publication of a new research note by First Equity Limited on the Company’s Orom-Cross graphite project, located in Uganda. In the note, First Equity Limited, using the new PFS numbers, have updated their risked valuation model, based upon a revised NPV8 of $482m […]

Blencowe Resources #BRES – Updated Corporate Presentation

Blencowe Resources (BRES:LON), is pleased to announce that an updated corporate presentation has been uploaded to the ‘Investors’ section of the Company’s website incorporating updates relating to its Orom-Cross graphite project with regard to the Pre Feasibility Study. The presentation can be found at this link : https://www.rns-pdf.londonstockexchange.com/rns/9443S_1-2022-7-19.pdf The Company’s website address is www.blencoweresourcesplc.com **ENDS** Contacts […]

Blencowe Resources #BRES – Major Milestone as Blencowe Delivers Substantial Pre-Feasibility Study for Orom-Cross Graphite Project

Highlights Pre-Feasibility Study (PFS) completed on time and under budget. PFS indicates a robust, long-term, profitable graphite mining operation at Orom-Cross. Highlights include: Initial life of mine 14 years which can be further incremented by additional drilling. Net Present Value (post-tax) of US$496M / IRR (post-tax) of 50%. Operating cost (FOB Mombasa port) of US$499/t, […]

#BRES Blencowe Resources – Half-year Report

The Company is pleased to announce its Interim Results for the six-month period to 31 March 2022. Electronic copies of the report will be available at the Company’s website www.blencoweresourcesplc.com For further information please contact:   Blencowe Resources Sam Quinn   www.blencoweresourcesplc.com Tel: +44 (0) 1624 681 250 info@blencoweresourcesplc.com   Investor Enquiries Sasha Sethi Tel: +44 […]

#BRES Blencowe Resources – Blencowe Continues to Deliver Exceptional Results from Metallurgical Test Work for Orom-Cross Graphite Project

Highlights   Final Stage 5 metallurgical test results underline a high quality end-product as concentrate from Orom-Cross Graphite Project in Uganda. Composite mix from both deposits delivers a 96-97% LOI concentrate, with battery sales entry level at 94% LOI. Specific attributes highlight Orom-Cross concentrate as particularly desirable to end-users. Technical Data Sheets (TDS) for all […]

#BRES Blencowe Resources – Airborne EM Program Commences at Akelikongo Nickel Project

Highlights ·    Blencowe commences exploration program at synergistic nickel sulphide project ·    Substantial 3,200-line kilometres of survey to be conducted ·    Partnering with highly regarded Airborne survey firm in SkyTEM Aps ·    Targeting increased definition of several targets identified in project data review Blencowe Resources Plc (“Blencowe Resources” or the “Company”) (LSE: BRES) is pleased to announce the commencement […]

#BRES Blencowe Resources – Investor Evening – Thursday 12 May 2022

Blencowe Resources would be pleased to welcome current shareholders and potential investors to an Investor Evening on Thursday 12 May 2022 in the City of London. The event will take place from 6pm for a 6:30pm start in The Partner Room at The Counting House, 50 Cornhill, EC3V 3PD – this is close to Bank […]