The Galeschinskoye deposit (Kremenchug) is an iron ore deposit of the Kremenchug magnetic anomaly , it is not being developed - a reserve raw material base, it contains rich, mainly martite , martite- hematite , partly carbonated ores with an average Fe content of 58.2% among oxidized ferruginous quartzites. Rich ores compose small-sized stratiform, lenticular, and irregularly shaped bodies among glandular quartzites subjected to ancient weathering. Explored reserves of 220 million tons. The ore bodies of rich ores can be traced up to 1000 m in the fall.
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