#BRES Blencowe Resources PLC – 7,000m Drilling Programme
Blencowe Resources Plc (LSE: BRES) is pleased to provide an update on its 7,000 meter drilling programme, currently underway at the Orom-Cross graphite project in Uganda. Drilling Programme Highlights: · Geotechnical Drilling Completed at Camp Lode: Four holes drilled (70m per hole), providing critical data for mine design and safety parameters. · Additional Drill […]
#BRES Blencowe Resources – Placing
Highlights · RAB Capital to invest £800,000 to become largest shareholder in Blencowe · 16,000,000 new ordinary shares to be issued at 5p · RAB Capital will hold 17,800,000 shares, being 10% of the enlarged share capital · Blencowe to use funds to fast-track Pre-Feasibility Study (“PFS”) at Orom-Cross graphite project and ongoing exploration work at Akelikongo nickel […]
#BRES Blencowe Resources – Updated Presentation
Blencowe Resources is pleased to announce the release of an updated presentation for the Company, highlighting ongoing work at both the Orom-Cross graphite project as well as the Akelikongo nickel project. The presentation can be found at this link: https://www.rns-pdf.londonstockexchange.com/rns/8784H_1-2022-4-10.pdf CEO, Mike Ralston, will be delivering a live webinar at 12 noon Monday 11 April, where […]
#BRES Blencowe Resources – Updated JORC Resource
Highlights · Total Resource increased by 50% (8.1Mt) to 24.5Mt at 6.0% TGC · 24.5Mt at 6.0% TGC contains sufficient Measured and Indicated Resource for the first 15 years life of mine · 340% (9.4Mt) increase in Indicated and Measured Resources to 13.2Mt, giving a higher level of accuracy and confidence in the deposits to be mined · Grade […]