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Beehive Returns 92.55m @ 6.83% TGC from Surface
Blencowe Resources Plc has announced exceptional drilling results from its Beehive Deposit at the Orom-Cross graphite project in Uganda, with Hole L238B returning 92.55 meters true width at 6.83% TGC from surface, including high-grade zones of up to 10.95% TGC. This significant intercept confirms Beehive as a thick, continuous, near-surface graphite system, enhancing confidence in the project's scale and robustness. The company has completed approximately 182 step-out and exploration holes across Beehive and the nearby Iyan deposit, with further assay results expected to materially expand the mineralised footprint and support an updated JORC Mineral Resource Estimate. Blencowe also noted strong interest from potential offtake partners and is well-capitalised following a recent £3.0 million fundraise. Disclaimer*
About this update from Blencowe Resources Plc
[{"type":"text","content":"\n\nDate: 23 December 2025 \n \nBlencowe Resources Plc\n(\"Blencowe\" or the \"Company\"),\n \nBeehive Returns 92.55m @ 6.83% TGC from Surface, Confirming Scale and Continuity at Orom-Cross\nExceptional drilling results continue to validate this world class deposit\n \nBlencowe Resources Plc (LSE: BRES) is pleased to report the first deep-hole assay results from the newly identified Beehive Deposit, located approximately 3kms from the existing Northern Syncline and Camp Lode deposits at the Orom-Cross graphite project in Uganda. Along with these other deposits Beehive sits within the existing Mining License (ML1959).\nThe Company is pleased to announce an exceptional drilling result from Beehive Deposit where early indications of a strong system have now been materially exceeded by the latest assay results from Hole L238B.\nHole L238B returned 92.55m (True Width) @ 6.83% TGC from surface to 120.60m, including multiple high-grade zones. This outstanding intercept confirms Beehive as a thick, continuous, near-surface graphite system and represents one of the most significant results generated at Orom-Cross to date.\nThis result is the first of over 100 Beehive holes to be reported, with further results to follow.\n \nBeehive Deposit - Key Drill Result\nHole L238B: 92.55m (TW) @ 6.83% TGC [0.00-120.60m]\nincluding:\n· 15.89m @ 9.42% TGC\n· 8.38m @ 10.95% TGC\n \nGeological Interpretation\nThe intersection demonstrates continuous graphite mineralisation from surface, extending well beyond the ~30m oxide boundary and confirming strong grade continuity at depth. The thickness and consistency of mineralisation in Hole L238B significantly enhances confidence in the scale and robustness of the Beehive Deposit.\nThese results support the interpretation of Beehive as a large, laterally extensive system with the potential to materially contribute to future resource growth at Orom-Cross, sitting within the existing Mining License. Beehive is a new discovery with zero previous drilling to date.\n\n \nStrategic Context\nGlobal demand...