#bres “several interested P1 investment partners have signed NDAs and are conducting due diligence”
Just let that sink in - the disconnect between current market cap and where it should be is just crazy.
🎬 @BlencoweRes' Chief Executive Mike Ralston provides an insight into the size and scale of the Orom-cross project.
Watch here ▶️ https://t.co/WF5Ppu0J7N
#BRES#Mining#Graphite#Uganda
🚨 Ontario just sent one of the clearest signals yet that the province intends to become a dominant global mining jurisdiction.
@agnicoeagle planned C$14 BILLION Ontario investment is enormous
This is a major endorsement of:
⛏ Prospectivity of Ontario gold belts
⚡ Faster permitting
🏗 Infrastructure development
🌎 Tier-1 jurisdictions
📈 Long-life district-scale gold systems
Importantly, the investment includes:
🔸 major exploration spend
🔸 mine expansions
🔸 accelerated project development
🔸 and a long-term commitment to Ontario through 2030.
For junior explorers operating in these emerging districts, this backdrop matters enormously.
#FCM Sunbeam Project sits within a highly prospective regional setting between significant Agnico-controlled interests and already hosts:
🥇 3 historic high-grade workings
🧭 >30km of interpreted mineralised structures
📍 Roy, Sunbeam & Pettigrew trends
🪨 Historic + modern drilling
📈 Expanding geological & geochemical understanding
Recent drilling at Roy has already demonstrated continuity of the mineralised package across multiple holes, while soil geochemistry, structural interpretation and high-grade surface sampling increasingly point toward the potential for a broader connected gold system developing across the property package, with further drill results still outstanding.
As major producers continue deploying billions into Ontario and securing future production pipelines, district-scale exploration plays in proven belts become increasingly strategically relevant.
https://t.co/gSzOBxVHhi
#Gold #Mining #Ontario #Exploration #JuniorMining
What happens when you intersect visible gold across multiple drill holes…on under 1% of a major structural system?
First Class Metals is starting to find out.
With just a fraction of the target tested so far, the Roy prospect is gaining momentum - and the story is just beginning.
More to come as assay results are pending… 👀
Watch the short animation and join in with the conversation here: https://t.co/pZO1swvaVA
#Gold #Mining #Exploration #Investing #NaturalResources
Seeing #fcm over subscribed today is only a good thing. I suspect positive news to follow by Monday on more gold showing…..
An easy hold and expecting some volatility this morning but moving blue after 9am
#FCM Visible gold confirmed in multiple holes at Roy (Sunbeam) — 12-hole, 1,030m drill programme complete, structure traced >300m strike.
Assays pending.
When we deliver more high-grade hits, this tiny ~£5m market cap junior will re-rate hard with 5-6 bag potential near term.
Ontario gold belt momentum building.
#gold
#FCM Absolutely incredible!!! 👏🏼
https://t.co/SRmEILqOpu
"Previous workers have
estimated that there could be
50,000-70,000t grading 13.0g/t
Au remaining in old workings."
That's a 10,000% rise in share price right there! 😲
First Class Metals Plc
#Gold#Platinum#Silver
Is #fcm the most undervalued Gold explorer on AIM? It’s starting to look that way. With a tiny market cap and an unbelievable asset it’s looking like a x5 uplift is on the cards from 2p
10p target near term here.
#FCM
History of Sunbeam where recently visible gold discovered
This is a past producing high grade gold mine
Previous drilling reported drill hole NS-21-03 - 93.3g/t Au over 0.44m (from 99.5m)
Previous estimates that there could be 50,000-70,000t 13.0g/t Au remaining in the old workings
Big one for $BRES: maiden Iyan JORC adds 16.9Mt @ 6.0% TGC
Total Orom-Cross now 43.0Mt (+66%). And now to come Beehive assays now coming through.
Next upgrade expected shortly 👀
#bres
“Maiden 16.9 Mt JORC Resource for Iyan Deposit”.
Key Details from the Announcement
• Resource Estimate: Blencowe has declared a maiden JORC-compliant mineral resource estimate of 16.9 million tonnes (Mt) for the Iyan Deposit.
• This adds to the project’s existing JORC resource (previously ~24-25Mt at ~6% TGC, per earlier estimates—now potentially expanded by ~70%).
What This Means for Blencowe Resources
Project Scale and De-Risking: Establishing a formal resource at Iyan confirms its viability as a “bulk blending” deposit, allowing Blencowe to mix higher-grade zones with larger tonnages for optimized mine planning. This enhances overall project economics (e.g., lower costs, longer mine life) as outlined in the recent Definitive Feasibility Study (DFS), which already highlighted low-capex, high-margin potential for natural flake graphite production.
• Strategic Timing: Graphite demand is booming due to EV batteries and energy storage, with non-China supply chains favored (e.g., recent US anti-dumping duties on Chinese graphite). Orom-Cross positions Blencowe as a key Western-aligned supplier, and this resource upgrade strengthens negotiations for offtake agreements, funding (e.g., debt/equity), and partnerships (discussions ongoing with majors like US DFC or Chinese firms).
• Stock Impact: This is a major catalyst that could drive share price momentum. BRES has been volatile but on an uptrend (trading ~10-12p recently, market cap ~£55-65M). Resource expansions often lead to re-ratings, especially in juniors—potentially supporting the 100% upside discussed earlier (to ~22-24p). However, small-caps are sensitive to market sentiment, commodity prices, and execution risks (e.g., funding needs, permitting).
• Next Steps: Expect integration into an updated overall Orom-Cross JORC resource (possibly soon), further DFS refinements, and progress on Beehive Deposit (next drilling target).
#BRES The Iyan deposit continues to show what you want to see in a scalable #Graphite project: consistency, thickness and mineralisation from surface.
Maiden JORC close. Beehive next.
Orom-Cross is evolving into a genuine multi-deposit resource.
#BRES near term catalysts 🔥
1 - Maiden Iyan JORC Resource Estimate (Imminent – this week
2 - Beehive Deposit Resource Update / Assays (Follow-on from Iyan, expected very near term
3 - Progress on P1 Funding / Offtake Announcements March / April
4 - Final US ITC Determination on Chinese Graphite AD/CVD Duties (Expected March 2026)
5 - Broader Technical / Downstream Validation (Ongoing H1 2026)
6 - Institutional / Strategic Interest / Takeover Speculation (Triggered by above)
Iyan JORC first (imminent catalyst), then Beehive/funding combo for legs higher, with US duties as macro kicker this month. Setup’s strong – warrant overhang gone, MMs thin, momentum building.
It’s been a massive week for #BRES but the Maiden Iyan JORC resource estimate is probably dropping this Monday! If that’s the case, buckle up because this could be the proper spark we’ve all been waiting for.
Could gap us toward 15-18p quick if numbers exceed (as assays suggest), then legs higher on follow-through. Im calling for 20p+ short-term on this alone, with Beehive next adding fuel.
If Monday’s the day, this is the catalyst that closes the discount and wakes ii’s/strategics properly. Retail’s been driving the run – now the real money follows.