Blencowe Resources (LSE: BRES) reports final assay results from shallow drilling at its Beehive deposit, part of the Orom-Cross Graphite Project in Uganda.
Results from 110 holes confirm thick, near-surface graphite mineralisation with strong continuity, consistent grades, and multiple high-grade zones. Many holes ended in mineralisation, supporting further depth potential in line with previous drilling to ~100m.
Step-out drilling highlights additional upside to the west and south, while the deposit now spans ~1.2km strike and 480m width.
With assaying complete, modelling is advancing ahead of a maiden Beehive JORC resource and an updated Orom-Cross resource.
