3,000-tonne Gold reserve; UP’s Sonbhadra turns attracts global attention
Uttar Pradesh

3,000-tonne Gold reserve; UP’s Sonbhadra turns attracts global attention

Agency News

Gold mine in Sonbhadra: The work on finding the gold deposits in UP's Sonbhadra had been going on for the past two decades, an official said.

Sonbhadra, UP: After finding Gold deposits estimated to be around 3,000 tonnes, Uttar Pradesh’s Sonbhadra district has become the centre of attraction of the world.

The Gold mine will worth around Rs 12 lakh crore in view of current market price of gold. The Geological Survey of India (GSI) has discovered a huge reserve of the precious metal on Friday. The will come around five times of the current gold reserve of India. India currently has only 626 tonnes of gold reserves, according to the statistics given by the World Gold Council.

The gold deposits were found in Son Pahadi and Hardi areas here, district mining officer KK Rai said on Friday.

Work on finding gold reserves in Sonbhadra was started almost two decades back in 1992-93 by the Geological Survey of India, he said, adding that auctioning of these blocks through e-tendering would start soon.

The deposits in Son Pahadi are estimated to be around 2,943.26 tonnes, while that at Hardi block are around 646.16 kilogram, the official said. He added that besides gold, some other precious minerals have also been found in the area.

Earlier, British had tried to find the gold reserves in the Sonbhadra region. Now this place is more in the news in the name of Naxalism. Sonbhadra is the second largest district of Uttar Pradesh. Sonbhadra shares borders with Madhya Pradesh to the West, Chhattisgarh to the South, Jharkhand to the South-east and Bihar to the east.