TIDMBRES

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

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 
 
  Sam Quinn (London Director)    +44 (0)1624 681 250 
                                 info@blencoweresourcesplc.com 
 Investor Enquiries             Tel: +44 (0) 7891 677 
  Sasha Sethi                    441 
                                 sasha@flowcomms.com 
 Tavira Financial               Tel: +44 (0)20 7100 
  Jonathan Evans                 5100 jonathan.evans@tavira.group 
 First Equity Limited           Tel: +44 (0)20 7330 
  Jason Robertson                1883 
                                 jasonrobertson@firstequitylimited.com 
 

Twitter: https://twitter.com/BlencoweRes

LinkedIn: 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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END

NRAUUSUROSUNUAR

(END) Dow Jones Newswires

June 22, 2023 08:49 ET (12:49 GMT)

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