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China discovers large gold mine

BEIJING: A large gold mine with an initially estimated gold reserves of 31.55 tonnes has been discovered in central China’s Henan province.

According to the provincial bureau of geology and mineral exploration and development, the mine is in Zhuzhuang Township in Tongbai County, Chinese media reported.

The estimated gold reserves at the mine is likely to exceed 50 tonnes by the end of this year after further exploration, it said.

For decades, Henan province has remained China’s second-largest gold producing region. In 2016, the local geology and mineral exploration authorities also discovered a large gold mine in Tongbai County. With a gold reserve of around 105 tonnes, the mine has 80 years of development potential.

courtesy: bolnews.com

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