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Blencowe Resources PLC

Investor Presentation Aug 17, 2020

5345_rns_2020-08-17_f2899526-59f7-45a6-a8ad-dd2ee86bd13d.html

Investor Presentation

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National Storage Mechanism | Additional information

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

[email protected]
Brandon Hill Capital Limited

Jonathan Evans (Corporate Finance)
Tel: +44 (0)20 3463 5000

[email protected]

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 [email protected] or visit www.rns.com.

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