Blencowe announced late last week that they have received MSP Accreditation for the Orom-Cross Graphite project in Uganda - What does this mean?

Blencowe announced last week that its wholly owned Orom-Cross graphite project in Uganda has passed the key project screening test with the US’s Development Finance Corporation that should allow for a binding funding agreement for 50% of the DFS cost.

Blencowe have announced an MOU with two SPG specialists that would see the development of an in-country SPG facility, providing LOM off-take for the Orom-Cross project.

Helix completed their successful drilling campaign at Ingomar Dome resulting in Helium and Hydrogen shows. Whilst the primary objective was to discover Helium, the Hydrogen discovery could be more than a bonus as I’ll explain.

Goldstone continue the turn-around at its Homase gold project in Ghana with the development of additional heap leach pads. In addition, the company have announced the issue of Director Options based on key milestones and further progress

Blencowe announced this week they have converted the 600 tonne bulk graphite sample from Orom-Cross into a high quality graphite concentrate. The company are also advancing plans to establish an ‘in-country’ SPG facility.