Blencowe Resources Reports Positive Results from Uganda Graphite Deposit
Blencowe Resources, a London-listed company, has announced promising assay results from its Beehive deposit in Uganda. The shallow drilling program revealed significant graphite mineralization, reinforcing the continuity and potential of the deposit. The Beehive and Iyan deposits are part of the company's Orom-Cross graphite project, which aims to expand its resource base. The results indicate strong bulk grades and high-grade frequency, supporting the potential for bulk mining. The company plans to continue its exploration efforts and expects to update its mineral resource estimates soon.