Quote from the survey, "Shevchenkivske deposit of lithium-bearing pegmatites of the albite-spodumene type is located in the Velykonovoselivskyi district of the Donetsk region, one kilometer away from the village Shevchenko. Shevchenkivske deposit is a series of steeply dipping pegmatite veins of the spodumene-albite type. Ore bodies have an average thickness of 40 m and a length of 600–700 m. According to the estimated reserves of lithium oxide, the deposit is considered large. The content of lithium oxide is typical for this industrial type of deposits, i.e. in the range of 1,1–1,5%. Most of the lithium is associated with spodumene and to a lesser extent (3,7% of the total content) with petalite [4]. The total yield of concentrate is 22,8%. The average content of lithium oxide in the concentrate is 4,9%. This concentrate corresponds to the grade C1. According to the scale of ore mining and the quality of ores, Shevchenkivske deposit can be considered as primary object for the formation of the lithium industry of Ukraine."
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EUR Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held
