Investegate |Blencowe Resources Announcements | Blencowe Resources: Results of Metallurgical Test Work investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Highlights · Stage Two drilling programme ahead of schedule, with over half of holes already completed. · Strong continuity of both grade and geology within both the Camp Lode and Northern Syncline zones · Likely JORC Resource upgrade expected to define a +10Mt Total Graphite Content within Measured and Indicated Resource categories for inclusion within forthcoming PFS · Increased tonnage and grades expected from the high-grade Northern Syncline and Camp Lode zones · Results of metallurgical test work due shortly from SGS in Canada - key input to commercial project studies Blencowe Resources Plc ( Blencowe Resources or the Company ) (LSE: BRES) is pleased to announce that the Stage Two drilling program that commenced in June is over halfway through, with full completion and demobilisation expected before end-July.
Uganda.
· Fully funded through existing cash resources.
· Previously drilled high grade zones in Northern Syncline and
Camp Lode to be included in new upgraded resource.
· Additional in-fill drilling to provide basis for mine planning, delivery of geotechnical and other information, for inclusion in Pre-Feasibility Study (PFS).
Blencowe Resources Plc ( Blencowe Resources or the Company ) (LSE: BRES) is pleased to announce the commencement of the Stage Two drilling program at Orom-Cross, designed to in-fill the recently announced JORC Resource and upgrade substantial tonnes into the Indicated and Measured categories. This additional program will progress Orom-Cross along its development path towards first production, and will be executed using the Company s in-country technical partners, ADT Drilling and Minrom Consulting. Additional resources will also be targeted in the current programme, with drilling also focusing on proven high grade areas, as yet