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Gold deposits worth more than $83 billion discovered in China

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Chinese geologists have discovered extra-large gold reserves at a deposit in the central province of Hunan. This was reported by Xinhua with reference to the geological department of the region, UNN reports.

Details

According to experts, the value of the discovered resources is approximately 600 billion yuan (over $83 billion).

The publication notes that geologists have discovered more than 40 gold deposits with reserves of 300 tons at a depth of two thousand meters under the Wanggu deposit in Pingjiang County.

New ore exploration technologies such as 3D geological modeling were used at the Wanggu deposit. Gold was also found during drilling around the peripheral areas of the site, which opens up new prospects.

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