Blencowe Resources Plc (LSE: BRES) provides an update on new assay results from shallow drilling at its Beehive deposit, part of the Orom-Cross graphite project in Uganda. The latest results highlight thick, near-surface mineralisation with strong grades and consistent continuity across multiple drill holes, reinforcing the potential for bulk mining.
The drilling programme continues to demonstrate scale, with mineralisation extending across a wide area and remaining open in multiple directions. These findings support ongoing resource modelling as the company advances toward a maiden JORC Mineral Resource for Beehive.
