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 […]

#BRES Blencowe Resources Plc – Update on Orom-Cross Graphite Project

Blencowe is pleased to deliver an update to the market in regards to work streams progressing on the Company’s flagship Orom-Cross graphite project in Uganda. Highlights Phase Two drilling program was completed in early August; all samples have been prepped and are in transit to laboratories in Australia for assaying. Blencowe continues to target a […]

Blencowe Resources #BRES – Orom-Cross Graphite Project – Drilling Progressing to Plan

Highlights Stage Two drilling programme over halfway completed and ahead of schedule Expected to define a +10Mt TGC Measured and Indicated Resource with increased tonnage and grades expected from the high-grade Northern Syncline and Camp Lode zones Blencowe Resources Plc (“Blencowe Resources” or the “Company”) (LSE: BRES) is pleased to announce that the Stage Two […]

Blencowe Resources #BRES – Metallurgical Test Work delivering Positive Results for Blencowe’s Orom-Cross Project

Blencowe Resources Plc (“Blencowe Resources”) (LSE: BRES) is pleased to announce that metallurgical test work currently underway at graphite specialist SGS Lakefield (Toronto) is going according to plan and results to date confirm the exceptional nature of the end product quality. This is considered critical to the overall Project as a high quality end product provides the […]

Blencowe Resources Plc (BRES) – Stage Two Drilling Program Commences

Stage Two Drilling Program Commences at Orom-Cross Graphite Project Highlights: Stage Two 2,200m (74 holes) diamond drilling program underway in Uganda. Designed to define a +10Mt TGC Measured and Indicated Resource from existing 16.3Mt. Fully funded through existing cash resources. Previously drilled high grade zones in Northern Syncline and Camp Lode to be included in […]

Blencowe Resources #BRES warrant exercise raises £26,250

Blencowe Resources, the natural resources company focused on development of the Orom-Cross Graphite Project in Uganda, is pleased to announce that it has received warrant exercise notices in respect of 437,500 ordinary shares (the “Warrant Shares”) from warrant holders. The aggregate proceeds from the exercise of the Warrant Shares are £26,250. An application has been […]

Cadence Minerals and the next Commodity Supercycle

There is little doubt that historians will conclude that the global impact of COVID-19 represents the worst crisis since the Great Depression. The pandemic is leaving deep and enduring scars on the global economy, taxing health and medical services to the limit, depriving children of education, while decimating sectors of commerce and industry and in […]

Blencowe Resources #BRES CEO Mike Ralston talks to StockBox Media

Blencowe Resources #BRES CEO Mike Ralston talks to StockBox Media about the Orom Cross Graphite project, with some 2-3mt near to the surface. As the company moves towards a maiden JORC resource number, Mike looks at the the huge potential offered by the project, and how the area sampled and met tested represent just 0.5% […]