TIDMBRES

RNS Number : 3287W

Blencowe Resources PLC

17 August 2020

Date: 17 August 2020

Blencowe Resources PLC

("Blencowe" or the "Company")

Updated presentation on the company website

Please visit www.blencoweresourcesplc.com to view updated presentation.

For further information please contact:

 
  Blencowe Resources Plc 
   Sam Quinn (London Director) 
                                         www.blencoweresourcesplc.com 
                                         Tel: +44 (0)1624 681 250 
                                         info@blencoweresourcesplc.com 
 Brandon Hill Capital Limited 
  Jonathan Evans (Corporate Finance)     Tel: +44 (0)20 3463 5000 
                                         jonathan.evans@brandonhillcapital.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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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