One step closer to lithium exploration says Ultra-Balkans company representative

29. November 2012. / News Serbia Energy

Nenad Loncarevic, senior geologist from “Ultra-Balkans doo”, which operates in Serbia as a daughter company of Canadian company “Ultralithium Inc.” said that they are exploring possibilities of finding new deposits of boron and lithium in the territory of Blace, Lađevci, Preljina, Valjevo, Trnava and Koceljeva.

According to him, information communicated by some foreign media, including Kurir that new deposits have been found in this region can not be regarded as true yet.

– We have completed the first phase of geophysical exploration and for now we have some encouraging preliminary results that justify further investment. So far there is no question of the discovery of new deposits of lithium in the mentioned territories – he commented on our text “lithium deposits discovered in Serbia.”

Source Serbia Energy Magazine

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