Investor Conference Call

22 January 2021

BLENCOWE RESOURCES PLC 

("Blencowe" or the "Company")

Investor Conference Call

Blencowe Resources (BRES:LON), the graphite explorer developing the Orom-Cross jumbo flake graphite project in Uganda, is pleased to announce that it will host a shareholder conference call and Q&A via Zoom video conferencing at 10:00am BST / 6:00pm WST time on Monday 25 January 2021.

The call will be hosted by Blencowe's CEO Mike Ralston who will discuss the following topics:

·    Current status of the EV market and effect on battery metal demand, and forecast ahead

·    Potential mix of Blencowe's end products

·    Progress Blencowe have made to date at their Orom-Cross project

·    Work underway and planned in near term and remainder of 2021

To participate in this conference call, please use the following link to join the meeting:

https://us02web.zoom.us/j/83311263720

Alternatively, for phone conferencing only, participants may dial local UK number +442030512874 and enter meeting ID 833 1126 3720. 

Shareholders who wish to do so are invited to submit questions via email to [email protected]

The most recent copy of the Company's corporate presentation can be found at the following link:

https://blencoweresourcesplc.com/presentation/

Please note that until the Q&A session has begun that all participants will initially be muted without audio with the exception of Company management. A recording of the call will also be made available on the Company's website following the call.

**ENDS**

Contacts

Background

Orom-Cross is a potential world class graphite project both by size and end-product quality, with a high component of larger flakes identified from previous work performed. A 21-year Mining Licence was issued by the Ugandan Government in 2019 following extensive historical work on the deposit.

Orom-Cross presents as a large, shallow open pitable deposit, with an estimated resource in excess of 3 billion tonnes of graphite. Development of the resource is expected to benefit from a low strip ratio and free dig operations, thereby ensuring lower operating and capital costs.