Blencowe Resources PLC Updated Corporate Presentation

TIDMBRES

Blencowe Resources PLC

19 May 2021

   Date: 19th May 2021                             Blencowe Resources Plc 

("Blencowe" or the "Company")

Updated Corporate Presentation

Blencowe Resources Plc ("Blencowe Resources" or the "Company") (LSE: BRES), the natural resources company focussed on the development of the 100% owned Orom-Cross Graphite Project in Uganda, is pleased to advise an updated corporate presentation has been uploaded to the Company's website and can be found here:

https://blencoweresourcesplc.com/presentation/

The presentation provides information on the recent maiden JORC resource, current ongoing and fully funded work programs and a broader overview of the increasingly buoyant graphite market, driven by the continued expansion of the EV market.

For further information please contact:

 
  Blencowe Resources Plc 
   Sam Quinn                      www.blencoweresourcesplc.com 
   Investor Relations             Tel: [phone] 
   Sasha Sethi                    [e-mail] 
 
                                  Tel: [phone] 
                                  [e-mail] 
 Brandon Hill Capital Limited   Tel: [phone] 
  Jonathan Evans                 [e-mail] 
 

First Equity Limited Tel: [phone]

Jason Robertson [e-mail]

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.

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May 19, 2021 06:34 ET (10:34 GMT)