Mike Ralston of Blencowe Resources discusses the Graphite Market as they appoint Battery Limits for PFS

Mike Ralston CEO of Blencowe Resources #BRES discusses the Grapahite Market as they appoint Experienced Technical firm Battery Limits to provide Specialised Engineering Services and Project Management Expertise to its 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.

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.