Blencowe Resources Launches Major Drilling at Orom-Cross
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Blencowe Resources Launches Major Drilling at Orom-Cross

Blencowe Resources Plc (GB:BRES) has released an update.

Blencowe Resources Plc has launched a significant 6,700-meter drilling program at its Orom-Cross graphite project in Uganda, aiming to expand its JORC Standard Resource and Reserves. This effort is expected to enhance production volumes and extend the mine’s life, positively impacting the project’s economics and the forthcoming Definitive Feasibility Study. The drilling campaign, guided by Minrom Consulting and executed by ADT Africa, is a critical step towards increasing Blencowe’s graphite output to meet rising market demand.

For further insights into GB:BRES stock, check out TipRanks’ Stock Analysis page.

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