Blencowe Resources successfully completes graphite pre-qualification test program at Orom-Cross
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Description
Mike Ralston, CEO of Blencowe Resources (LON:BRES), welcomes successful completion of the final stage of a graphite pre-qualification test program at Orom-Cross. In this interview, investors will learn: - What completion of the 600 tonne commercial scale test work on Orom-Cross graphite concentrate now means for the project - Plans for testing of the company's battery-ready graphite by tier one Asian potential customers - What definitive feasibility study milestones BRES has now achieved - How strong relationships have been built with key partners - How offtake agreements for Orom-Cross Graphite material are progressing Reasons to add Blencowe Resources to your watchlist: - Orom-Cross is a potential world class graphite project both by size and end-product quality - A 21-year Mining Licence for the project was issued by the Ugandan Government in 2019 - BRES is now within the Definitive Feasibility Study phase as it works towards first production - Is now in discussions with a range of customers and finalising offtake agreements - Project will effectively be de-risked ahead of project financing and construction - Development of the resource is expected to benefit from a low strip ratio and free dig operations, meaning lower operating and capital costs Mike Ralston, CEO of Blencowe Resources, was interviewed by Andrew Scott for focusIR. #BRES #Graphite #Mining
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