#BRES Blencowe Resources PLC – Fundraise of £1.12m and Exercise of Options at 6p
Blencowe Resources Plc (LSE: BRES), the natural resources company advancing the Orom-Cross graphite project in Uganda, is pleased to announce that it has completed an aggregate fundraise of £1,120,000 through a placing of £1,020,000 and the exercise of Board options to raise a further £100,000. The Company completed a placing of 21,473,683 new ordinary shares […]
#BRES Blencowe Resources PLC – Updated Corporate Presentation
Corporate Presentation Blencowe Resources Plc (LSE: BRES), advancing the large-scale, high-quality Orom-Cross graphite project in Uganda, is pleased to release its latest corporate presentation, offering a detailed update on the Project’s development and upcoming milestones. Presentation Highlights: · Definitive Feasibility Study (DFS) near completion, targeted for Q4 2025 · PFS delivered post-tax NPV8 of […]
#BRES Blencowe Resources PLC – Appointment of Project Finance Adviser
Blencowe Resources Plc (LSE: BRES) is pleased to advise that has signed a mandate with WaterBorne Capital, an independent South African corporate advisory firm with deep expertise in structuring project finance solutions for African mining developments. As Blencowe completes the Definitive Feasibility Study (“DFS”) at its Orom-Cross graphite project in Uganda and prepares for first […]
#BRES Blencowe Resources PLC – Completion of Orom-Cross DFS Programmes
Blencowe Resources Plc (LSE: BRES) is pleased to provide an update on progress within the Definitive Feasibility Study (“DFS”) at its Orom-Cross graphite project in Uganda. The Company has now completed all major infrastructure workstreams within the Definitive Feasibility Study (“DFS”) alongside the recent drilling campaign, which was the largest in the Company’s history. This […]
#SVML Sovereign Metals LTD – Kasiya Test Pit Rehabilitation Trials Results
KASIYA TEST PIT REHABILITATION TRIALS DELIVER EXCEPTIONAL FIRST YEAR RESULTS · Rehabilitation trials achieve 5x crop yield improvement – demonstrating superior post-mining land productivity versus traditional farming · Critical DFS input delivered – land rehabilitation strategy now de-risked for integration into mining schedule, back-filling, mine closure and post-mining land use with empirical data to inform […]
#SVML Sovereign Metals Limited – Mining Method and Fleet Design Finalised for DFS
Mining Method and Fleet Design Finalised for DFS · Mining fleet design finalised as part of ongoing Definitive Feasibility Study work at Kasiya · Fleet specifically engineered for large-scale dry mining operations following the results of the successful pilot phase mining trials · No drilling, blasting, crushing or milling required at Kasiya resulting in low […]
#SVML Sovereign Metals Limited – DFS Progressing with Completion of Geotech Program
DFS PROGRESSING WELL WITH COMPLETION OF GEOTECHNICAL PROGRAM · Extensive DFS-level geotechnical investigations completed across all critical infrastructure locations · Over 400 individual tests conducted covering mining infrastructure, TSF and raw water dam · Preliminary findings confirm favourable subsurface conditions aligned with regional geology · Consistent stratigraphy and suitable subsurface conditions to enable more standardised foundation […]
#BRES Blencowe Resources PLC – Receipt of US$0.75 million from DFC
Blencowe Resources Plc (LSE: BRES) is pleased to announce receipt of a further $0.75 million tranche of grant funding from the US International Development Finance Corporation (“DFC”), bringing total funds received under the overall US$5.0 million technical assistance grant to $4.75 million (95%). The final tranche of $0.25 million will be paid upon completion of […]
#BRES Blencowe Resources PLC – Deep Drilling at Northern Syncline
Blencowe Resources Plc (LSE: BRES) is pleased to report the successful completion of three deep drill holes at the Northern Syncline, following on from the recently reported success at the Beehive target. The Northern Syncline drilling complements earlier results from Beehive and reinforces the potential for a materially larger resource base at depth, supporting longer […]
#BRES Blencowe Resources PLC – Further US$0.5M Grant Funding Received From DFC
Blencowe Resources Plc (LSE: BRES) is pleased to announce receipt of the latest disbursement of $0.5 million from the US International Development Finance Corporation (“DFC”), taking total funds received under the overall US$5.0 million technical assistance grant to $4.0 million. This grant funding is non-dilutive and comes with no requirement to repay under any circumstances. […]