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China makes historic discovery by finding a huge gold deposit valued at R$498 BILLION!

Written by Roberta Souza
Published 11/12/2024 às 10:03
china - gold deposit - mining
Photo/reproduction: Disclosure

Huge Gold Deposit with Potential of 1.100 Tons Located in Wangu Region, Hunan Province, China!

A China starred in one of the biggest recent discoveries in the mineral sector. Researchers announced the location of a huge gold deposit in the region of Wangu, Hunan Province, estimated at a gross value of $ 498 billion. The discovery was made by the Hunan Provincial Geological Survey (GBHP) and reported by state media, attracting widespread global attention.

To date, more than 1,000 cases have been confirmed. 330 tons of gold at a depth of 2 meters. However, estimates suggest that the reserve could reach impressive 1.100 tons when exploring up to 3 meters depth. This number places the deposit among the largest and most profitable ever identified, with high-quality samples.

Technological innovation drives mineral exploration in China

The discovery is attributed, in part, to the use of advanced technologies such as 3D geological modeling. This technique allows the creation of detailed maps of the geological and geochemical structure of the area, facilitating the precise identification of mineral reserves. According to the president of GBHP, Liu Yongjun, innovation represents a major achievement for the country’s mineral exploration strategy.

Since 2020, China has been stepping up investments in mineral exploration, especially in promising regions such as Hunan. The application of modern technology has proven to be a differentiator, increasing the possibilities of success in future prospects, according to brasilfinanceiro.

China consolidates itself as a global power in gold production

In addition to the direct financial impact, the discovery consolidates China as one of the major global players in gold production. New drilling in areas close to the deposit indicates the possibility of other large reserves in the region.

Get ready for Chinese gold: a market revolution

This unprecedented discovery will transform the gold mining landscape and profoundly impact the global market. With cutting-edge technology and impressive reserves, China is positioning itself as an undisputed giant in this strategic sector.

Follow closely the developments of this news that promises to shake the foundations of the commodities market.

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Roberta Souza

Petroleum Engineer, postgraduate in Commissioning of Industrial Units, specialist in Industrial Corrosion. Get in touch to suggest an agenda, advertise job vacancies or advertise on our portal. We do not receive resumes

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