Serbian based mining exploration company Belkalhan confirms calcite and graphite large deposits and unique quality as new European resource base for industry. Belkalhan announced that it has confirmed its deposits footprint after a positive step up drill exploration within its key prospect in South Serbia.
Belkalhan Serbia announced it has confirmed its calcite and graphite mine potentials for further investments with future Joint Venture partner. With prospect location advantages and confirmed unique quality of raw material and its quantity, Belkalhan calcite and graphite mine could become a major source for European industry critical raw materials supply.
Intersected Deposits of Calcite as calcium carbonate resource has 99,99% purity and 98% whitenesses in the deposit line of 15m thickness and 125m height, the length of 720m of confirmed deposit which indicates extremely rare deposit quantity and quality which makes it a unique world resource.
The limestone cover also has 98,5% purity and 94% whiteness which makes it an ideal resource for number of industrial technology production processes. With its premium quality and whiteness the calcite & limestone reserves are perfect for pharmaceutical, chemical and food industry among others.
Confirmed deposits of calcite as carbonate source are 5.550 million tons, with additional exploitation surface area potential.
During our exploration drilling we located the graphite deposit line of 300m length and with various depth of deposited quantities. Preliminary results indicate on the high quality and pureness. Additional 4 million tons are being expected to be confirmed in ongoing field exploration. New drills results are being expected and expectations are high for graphite quality and reserves.
Potential JV partnership and investment will enable Belkalhan to integrate downstream into the manufacturing of calcite and graphite products for a number of high-growth markets including lithium ion batteries/EVs, fuel cells, graphene and nanomaterials, thermal management in consumer electronics, smart building products and fire retardants. Calcite deposits with unique European quality makes the mine one of the most attractive in Europe.