Blencowe Resources PLC Appointment of Battery Limits (2605Y)
January 13 2022 - 2:00AM
UK Regulatory
TIDMBRES
RNS Number : 2605Y
Blencowe Resources PLC
13 January 2022
Date: 13 January 2022
Blencowe Resources Plc
("Blencowe" or the "Company")
Blencowe Appoints Battery Limits to lead PFS on Orom-Cross
Graphite Project in Uganda
Blencowe appoints Experienced Technical firm Battery Limits to
provide Specialised Engineering Services and Project Management
Expertise to its Orom-Cross Graphite Project Pre-Feasibility
Study.
Blencowe Resources Plc (" Blencowe" or the "Company") (LSE:
BRES) is pleased to announce the appointment of highly regarded
Australian Engineering firm Battery Limits to assist the Company in
the completion of the Orom-Cross Graphite Project Pre-Feasibility
Study.
Highlights
-- Battery Limits is a highly experienced graphite project development engineering firm.
-- Battery Limits has completed Feasibility Studies for several
tier one graphite projects internationally.
-- Extensive graphite project experience in East Africa.
Battery Limits is one of the most experienced graphite project
development engineers internationally, with extensive experience in
East African graphite projects. Battery Limits has been selected to
assist the Company on the basis of this relevant project experience
which includes:
-- Armadale Capital - Lindau Mahenge Tanzania Graphite feasibility study
-- MRC - Munglinup Graphite Australia DFS
-- International Graphite - downstream processing DFS
-- Graphex Chilalo Graphite - PFS update, PFS and scoping
studies and DFS metallurgy and process engineering
-- Volt Resources - Bunyu Graphite Tanzania FS, PFS, scoping studies
-- Armadale Capital - Lindau Mahenge Tanzania Graphite scoping study
-- BlackEarth Minerals - Maniry Graphite Madagascar scoping study
-- Black Rock Mining - Mahenge Graphite Tanzania PFS
-- Magnis Resources - Nachu Graphite Tanzania PFS
-- Triton Mineral - Ancuabe Graphite Mozambique scoping study
Blencowe considers this previous project experience, and in
particular the East African graphite knowledge, highly beneficial
to Battery Limits assisting in the development of Orom-Cross
project.
Battery Limits will lead the Pre-Feasibility Study and will
ultimately sign off on the Study, thus providing key credibility to
all parties concerned. Study aspects of process engineering and
process plant design, capital and operating cost estimates,
management of ongoing metallurgical testwork, infrastructure and
project implementation will all be undertaken by Battery
Limits.
Specialised sub-consultants in Uganda and South Africa will be
assisting with tailings storage design, geotechnical and
hydrological studies under supervision of Battery Limits.
Executive Chairman Cameron Pearce commented:
"We are both pleased and privileged to have a technical partner
with the capabilities and experience of Battery Limits helping us
to deliver the PFS, due for completion around mid-2022. Our
Orom-Cross graphite project continues to move towards first
production in the medium term and their involvement will help
provide a stronger operational and commercial model."
For further information please contact:
Blencowe Resources Plc www.blencoweresourcesplc.com
Sam Quinn Tel: +44 (0)1624 681 250
info@blencoweresourcesplc.com
Investor Relations Tel: +44 (0) 7891 677 441
Sasha Sethi sasha@flowcomms.com
First Equity Limited Tel: +44(0)20 7330 1833
Jason Robertson jasonrobertson@firstequitylimited.com
Twitter https://twitter.com/BlencoweRes
LinkedIn https://www.linkedin.com/company/72382491/admin/
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 coarse 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 studies 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 16.3Mt @ 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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