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RCS - Blencowe Resources - CEO Interview

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RNS Number : 6336D  Blencowe Resources PLC  22 June 2023

 

22June 2023

BLENCOWE RESOURCES PLC

("Blencowe" or the "Company")

 

CEO Video Interview

 

Blencowe Resources (BRES:LON), is pleased to share a recent interview with CEO
Mike Ralston on the Proactive Investors platform.

 

Within this video interview, Blencowe CEO Mike Ralston provides further detail
relating to the recently announced positive metallurgical test work results
from Orom-Cross by the leading Chinese graphite technical specialist
laboratory (based at Wuhan University) where open cycle floatation tests
produced recoveries between 92-94% (previously 90%) and concentrate grades
consistently ranging  between 95-98% for all graphite mesh sizes.

 

In the interview, Mr. Ralston also updates on progress with securing a $5
million grant from the US International Development Finance Corporation
("DFC").

 

Click on the link below to watch:
https://www.youtube.com/watch?v=tgdVG1lvlZM&ab_channel=ProactiveInvestors
(https://www.youtube.com/watch?v=tgdVG1lvlZM&ab_channel=ProactiveInvestors)

Interested investors can also sign up to the Blencowe Newsletter at the
following link:

https://blencoweresourcesplc.us13.list-manage.com/subscribe?u=ba87c801d05702dc7b8d75a3b&id=bd90aec04f

For further information, please contact:

 Blencowe Resources Plc          www.blencoweresourcesplc.com (http://www.blencoweresourcesplc.com)

 Sam Quinn (London Director)     +44 (0)1624 681 250

                                 info@blencoweresourcesplc.com

 Investor Enquiries              Tel: +44 (0) 7891 677 441

 Sasha Sethi                     sasha@flowcomms.com

 Tavira Financial                Tel: +44 (0)20 7100 5100 jonathan.evans@tavira.group

                               (mailto:jonathan.evans@tavira.group)
 Jonathan Evans

 First Equity Limited            Tel: +44 (0)20 7330 1883

 Jason Robertson                 jasonrobertson@firstequitylimited.com

 

 

 

Twitter: https://twitter.com/BlencoweRes (https://twitter.com/BlencoweRes)

 

LinkedIn: https://www.linkedin.com/company/blencowe-resources/
(https://www.linkedin.com/company/blencowe-resources/)

 

 

 

Background

 

Orom-Cross Graphite Project

 

Orom-Cross is a potential world class graphite project both by size and
end-product quality, with a high component of more valuable larger flakes
within the deposit.

 

A 21-year Mining Licence for the project was issued by the Ugandan Government
in 2019 following extensive historical work on the deposit and Blencowe is
moving into the Definitive Feasibility Study phase shortly as it drives
towards first production.

 

Orom-Cross presents as a large, shallow open-pitable deposit, with a maiden
JORC Indicated & Inferred Mineral Resource deposit of 24.5Mt @ 6.0% Total
Graphite Content. Development of the resource is expected to benefit from a
low strip ratio and free dig operations, thereby ensuring lower operating and
capital costs.

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