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Blencowe Resources plc

Blencowe Resources CEO Mike Ralston Orom-Cross jumbo graphite project presentation

Blencowe Resources plc (LON:BRES) CEO Mike Ralston talks though the April 2020 Orom-Cross jumbo graphite project presentation.

Blencowe Resources is developing the Orom-Cross jumbo flake graphite project uganda.

Orom-Cross is a potential world class graphite project both by size and end-product quality, with a high component of larger flakes identified from previous work performed. A 21-year Mining Licence was issued by the Ugandan Government in 2019 following extensive historical work on the deposit.

Orom-Cross presents as a large, shallow open pitable deposit, with an estimated resource in excess of 3 billion tonnes of graphite. 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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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.