NEW DELHI: The Geological Survey of India (GSI) has discovered around 3,000 tonnes of gold worth Rs 12 lakh crore in Sonbhadra district of Uttar Pradesh.
2,943.26 tonnes and 646.16 kilograms of deposits have been found at Son Pahadi and Hardi village respectively.
The newly discovered reserve is expected to give a huge boost to the economy. The discovered reserves are five times more than the current reserve of the country.
The mines currently spread over an area of 108 hectares.
The area will now be demarcated. This will be followed by the process of e-tendering through which mining contracts will be awarded to interested companies, an official told reporters.
Officials are also trying to learn if other useful minerals such as uranium can be found within the area. An aerial survey for 15 days was conducted to see if any rare minerals can be located in the area.
It was in 1992-93 when GSI had started the work of finding reserves in this area.
It is worth mentioning that, survey and drilling activities carried out by GSI in different parts of Arunachal Pradesh. he GSI revealed that about 35% deposits of graphite of the country are found in Arunachal Pradesh. The country is now importing this mineral from other country and therefore, the State could be the leading producer of graphite in the country in future.
Secretary (Geology and Mining) Bidol Tayeng during a meeting last year had emphasized that the survey and drilling activities of the GSI be moved towards the Indo-China international border considering the fact that China was reportedly undertaking huge mining activities across the border in Tibet. The development of road towards the international border should be a boon for exploration of mineral in the international border.