24th May 2021 13:06
Blencowe Resources PLC - natural resources company focused on the development of the Orom-Cross graphite project in Uganda - Says metallurgical test work currently underway at Orom-Cross is going "according to plan", and results to date confirm the "exceptional nature of the end product quality". Preliminary tests within stage two confirms potential to achieve a concentrate grade between 95% to 96% TGC with low impurities and high recoveries, from both the Northern Syncline and Camp lodes.
Executive Chair Cameron Pearce says: "We entered this metallurgical test work with the goal of achieving best possible results for each of the four critical items under review, namely delivery of a high grade concentrate with low impurities, high recoveries, and the preservation of large flakes. To achieve all of these together in an end product would be a stellar result as it would put Orom-Cross right up there with the better graphite projects worldwide. We are working through each parts of this exercise and the results to date are positive and we are very encouraged with the test work results"
Current stock price: 6.83 pence, up 9.3% on Monday
Year-to-date change: down 10%
By Paul McGowan; [email protected];
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