Blencowe Resources Plc · LSE:BRES
Blencowe Resources — Investor Presentation (April 2021)
6 slides from Blencowe Resources's investor presentation, April 2021
Slide 1: Developing the Orom-Cross Graphite Project
LSE: BRES Developing the Orom-Cross Graphite Project Leveraged into the fast-growing Electric Vehicle market 1
Slide 2: Project Overview
PROJECT OVERVIEW • Orom-Cross flake graphite project was acquired in April 2020 for £2m • Further £2m raised to fund an extensive work programme in 2020 • Orom-Cross was granted a 21-year mining licence in 2019 and has the scope to become a world class graphite project both by size and by end produc
Slide 3: Recent High Grade Drilling Results
RECENT HIGH GRADE DRILLING RESULTS • Orom-Cross 1,950m diamond drilling programme completed in 2H 2020. • Designed to deliver a maiden JORC (2012) Standard Mineral Resource to cover initial 10 year mine life and to deliver samples for Phase Two met test work. • Confirms expectations that Orom-Cross
Slide 4: JORC Mineral Resource
JORC MINERAL RESOURCE Mineral Resources - Area Material Resource Cut-off Tonnage (t) Mt SG %GC %TC Category Grade Inferred 4% GC 3 517 350 3.5 2.18 5.86 6.09 Weathered Indicated 4% GC 1 941 840 1.9 2.18 5.60 5.82 Northern Syncline Measured Not reported Subtotal 4% GC 5 459 190 5.4 2.18 5.77 5.99 Inf
Slide 5: Orom-Cross Work Programme
OROM-CROSS WORK PROGRAMME Q2 2021 – Stage 2 Resource Drilling Q2 2021 - Phase 2 metallurgical Studies Phase (2021/22) test work targeting • Targeting 20Mt Resource with 10Mt as • 3Q 2021: Internal Concept Study (PEA) – Indicated (first 10 years life of mine) • 96-97% TGC (total graphite content) fir
Slide 6: Why Invest into Blencowe Resources
WHY INVEST INTO BLENCOWE RESOURCES 2-3 billion tonnes graphite Tier One Near to surface – low operating costs Uganda a good location to develop long term resource project Project Safe Long High 96-97% TCG concentrate Term Quality End Low Impurities / large flakes Location Product Leveraged Low marke
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