Blencowe Resources #BRES – Over-Subscribed £2m Capital Raise

Company now fully funded through next 12 months of Project development, including Pre-Feasibility Study Highlights; Ø Over-Subscribed £2m fund-raise, including subscriptions from Blencowe Board Ø Orom-Cross now fully funded through to completion of PFS Ø Outlook for graphite market continues to strengthen, driven by EV sector Blencowe Resources (LSE: BRES) (Blencowe or the Company) is […]

#BRES Blencowe Resources – Corporate Presentation

Blencowe Resources (LSE:BRES) is pleased to announce a new Corporate Presentation has been uploaded on the ‘Investors’ section of the Company’s website (www.blencoweresourcesplc.com), incorporating information on the recently announced and highly positive Preliminary Economic Assessment.   For further information please contact:   Blencowe Resources Plc Sam Quinn Investor Relations Sasha Sethi www.blencoweresourcesplc.com Tel: +44 (0)1624 […]

Blencowe Resources #BRES – Orom-Cross PEA Shows Potential for Long Life, Highly Profitable Graphite Project

Results of internal Preliminary Economic Assessment (“PEA”) demonstrate compelling case for the development of a major new graphite project, paving the way for a Pre-Feasibility Study. Highlights  Low operating costs and robust financials for mining operation: · Net Present Value (NPV 8 ) of US$317M / IRR 49% over 13-year life of mine from 2025. · Average nameplate production of […]