The finding of an unprecedented gold deposit could give way to the transformation of world mining due to its billionaire value, all thanks to a team of geologists who worked in the Chinese province of Hunan.
Hunan’s geological office confirmed the discovery that occurred in November 2024 in the Wangu Gold field, located in Pingjiang County, as the chronicler reviews.
For it, new mineral prospecting technologies were used, such as the 3D geological modeling with which more than 40 veins were identified at great depths.
How much is the gold deposit discovered in China?
It is estimated that this deposit has 300 metric tons of gold located at a depth of 2,000 meters, although the estimates suggest that there may be more than 1,000 tons and each ton of rock contains up to 138 grams of gold, which makes it the largest deposit of this beautiful mineral.
Chen Rulin, an expert in mineral survey, emphasized “the quality of gold found and its strategic relevance for the mining industry.”
In addition to its large size, the Xinhuan state agency indicates that the estimated value of this deposit exceeds 83 million dollars.
Until shortly before this discovery, the largest gold deposit was in the South Deep mine, in South Africa with 900 metric tons, according to the DW medium.
