Last checked at 22 Jan 2021 13:07
22 January 2021
BLENCOWE RESOURCES PLC
("Blencowe" or the "Company")
Investor Conference Call
Blencowe Resources (BRES:LON), the graphite explorer developing the Orom-Cross jumbo flake graphite project in Uganda, is pleased to announce that it will host a shareholder conference call and Q&A via Zoom video conferencing at 10:00am BST / 6:00pm WST time on Monday 25 January 2021.
The call will be hosted by Blencowe's CEO Mike Ralston who will discuss the following topics:
· Current status of the EV market and effect on battery metal demand, and forecast ahead
· Potential mix of Blencowe's end products
· Progress Blencowe have made to date at their Orom-Cross project
· Work underway and planned in near term and remainder of 2021
To participate in this conference call, please use the following link to join the meeting:
https://us02web.zoom.us/j/83311263720
Alternatively, for phone conferencing only, participants may dial local UK number +442030512874 and enter meeting ID 833 1126 3720.
Shareholders who wish to do so are invited to submit questions via email to info@blencoweresourcesplc.com
The most recent copy of the Company's corporate presentation can be found at the following link:
https://blencoweresourcesplc.com/presentation/
Please note that until the Q&A session has begun that all participants will initially be muted without audio with the exception of Company management. A recording of the call will also be made available on the Company's website following the call.
**ENDS**
Contacts
Blencowe Resources Plc
Sam Quinn (London Director)
| www.blencoweresourcesplc.com
info@blencoweresourcesplc.com +44 (0)1624 681 250
|
Investor Enquiries Sasha Sethi
| Tel: +44 (0) 7891 677 441 sasha@flowcomms.com
|
Brandon Hill Capital Limited Jonathan Evans
| Tel: +44 (0)20 3463 5000 jonathan.evans@brandonhillcapital.com |
First Equity Limited Jason Robertson | Tel: +44 (0)20 7330 1883 jasonrobertson@firstequitylimited.com |
Background
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.