Mike Ralston, CEO of Blencowe Resources discusses their graphite project, the EV market and their opportunity

Episode 109,   Jan 06, 2021, 11:23 AM

Mike Ralston, CEO of Blencowe Resources #BRES discusses their graphite project, the EV market and their opportunity

Blencowe Resources #BRES is developing the Orom-Cross jumbo flake graphite project in Uganda.

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.