Mining Capital's Alastair Ford talks to Proactive London about Blencowe Resources PLC (LSE:BRES) which is advancing the Orom-Cross jumbo flake graphite project in Uganda.
He says graphite is yet to 'catch fire' in this latest round of commodity price rises which bodes well for the future of the firm. He says it's looking like they can dig it up - 'free digging' as it is called - without complications.
The firm announced today the appointment of Australian engineering firm Battery Limits to assist in the pre-feasibility study (PFS) of the Orom-Cross graphite project in Uganda.
Orom-Cross is a potential world-class graphite project both by size and end-product quality, with a high component of more valuable larger flakes within the deposit.