Gold Rush: 3,000-Tonne Gold Mine Found in UP, 5 Times That of India’s Reserves. And It’s Worth…

News 18 | Feb 22, 2020

The UP government has started the process for allocation of blocks where gold is said to be found.

As per the official letter of the Uttar Pradesh Directorate of Geology and Mining, 2,943.26 tonnes of gold reserve is said to be at Son Pahadi while 646.15 kilograms of gold is said to be at Hardi block. As per the World Gold Council, India currently has 626 tonnes of gold reserves. The new reserves are almost five times that amount and estimated at Rs 12 lakh crore.

The work for finding gold reserves in Sonbhadra started in the year 1992-93 after the Central Geological Survey of India took over. It was reportedly the British who first initiated the process to find gold reserve in Sobhadra region.

Speaking to the media, Dr Prithivi Mishra, who has worked for the Geological Survey of India in this regard and retired in 2011 said the gold reserve in the region is divided in two parts. Mishra had also revealed the information at the time of his retirement and claimed that there was a rock made of gold which is almost one kilometre long, 18 metres high and 15 metres broad.