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Pin to quick picksBlencowe Resources Media (BRES)

Blencowe Resources PLC: Site for Downstream Processing Operations

Blencowe Resources PLC: Site for Downstream Processing Operations

Share Price Information for Blencowe Resources (BRES)

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7.50    -0.10 (-1.32%)
Bid:
7.30
Ask:
7.70
Spread: 0.40 (5.479%)
Market Cap: £36.93m
BRES Live PriceLast checked at - London Stock Exchange

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Blencowe Resources successfully completes graphite pre-qualification test program at Orom-Cross

Mike Ralston, CEO of Blencowe Resources (LON:BRES), welcomes successful completion of the final stage of a graphite pre-qualification test program at Orom-Cross.

In this interview, investors will learn:

- What completion of the 600 tonne commercial scale test work on Orom-Cross graphite concentrate now means for the project

- Plans for testing of the company's battery-ready graphite by tier one Asian potential customers

- What definitive feasibility study milestones BRES has now achieved

- How strong relationships have been built with key partners

- How offtake agreements for Orom-Cross Graphite material are progressing.

Reasons to add Blencowe Resources to your watchlist:

- Orom-Cross is a potential world class graphite project both by size and end-product quality

- A 21-year Mining Licence for the project was issued by the Ugandan Government in 2019

- BRES is now within the Definitive Feasibility Study phase as it works towards first production

- Is now in discussions with a range of customers and finalising offtake agreements.

- Project will effectively be de-risked ahead of project financing and construction,

- Development of the resource is expected to benefit from a low strip ratio and free dig operations, meaning lower operating and capital costs.

Mike Ralston, CEO of Blencowe Resources, was interviewed by Andrew Scott for focusIR.