The euphoria over the claim that around 3,000 tonnes of gold reserves, worth Rs 12 trillion, have been discovered in Uttar Pradesh’s Sonbhadra district could not last even 24 hours, with the Geological Survey of India (GSI) clarifying on Saturday there had been no such discovery.
The GSI, headquartered in Kolkata, rebutted the claims of the Uttar Pradesh Directorate of Geology and Mining (UPDGM), and said “miscommunication” must have led to the wrong reporting of facts.
M Sridhar, director general of the GSI, said nobody in the agency gave any such data. He said 52,806 tonnes of gold ore was found in Sonbhadra district during the exploration work in 1998-2000. From this reserve, only 160 kg of gold can be extracted.
“There must have been some miscommunication of facts because of which the gold ore deposits have been overestimated. We have written a letter to Uttar Pradesh (UPDGM), stating the facts. The GSI has not estimated such kind of vast resource of gold deposits in Sonbhadra,” Sridhar said.
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The UPDGM had said on Friday that gold deposits were found in Son Pahadi and Hardi areas of the district. Sridhar said while gold ore was found in the area during the GSI’s exploration work in 1998-2000, it had told the state government about the discovery in November last year.
Under the new regulation, which came into effect from 2015, the GSI has to inform the state government when ore deposits are discovered. Earlier, no such action was mandatory. In its report, the GSI estimated that only 3.03 gm of gold can be extracted from a tonne of ore. It also clarified that even the extraction amount was tentative and could not be established for certain.
Moreover, Sridhar said the deposits were spread across only 0.5 sq km in forest land, which made the mining of ore economically unviable. “When there are several mines nearby, we can club it into a block and then it makes sense to mine the ore. But in this case, the deposits are too small to make it viable for any company to mine it,” he said. The GSI usually prioritises its exploration work based on the needs of the Centre. While strategic minerals like tin, cobalt, lithium, beryllium, germanium, gallium, indium, tantalum, niobium, selenium, and bismuth are atop the list in GSI exploration, gold is another commodity on its priority list.
According to the World Gold Council, India has reserves of 630 tonnes of gold.
Abdus Sami Qasmi, a resident of Seelampur here, was arrested from Uttar Pradesh's Hardoi district. He has been arrested as part of an ongoing investigation into the conspiracy to form a terror organisation and to launch terror attacks in the country, NIA officials said.
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NIA National Investigation Agency
after BJP election
NIA National Intolerance AgainstMinorities
No wonder ...its MODIFIED Govt
Given the prevalent political and socio-cultural situation in India, more such false-flag arrests on fake charges can be expected. And after years of rotting in jail, in the absence of solid proof they will be acquitted.
Its business as usual. Hey! we need to distract people from the shortfalls of the current regime! We have no other way for an escape!
Now Ghar Vapsi, Cow politics, Love Jihad, Reservation politics, Achhe din failed, they using NIA for political gain.
Before they use SIMI and now easy to say ISIS. Muslims are scapegoats since no power.
A cleric has been arrested by NIA officials on SUSPICIOUS that \ HE MIGHT (MIGHT) BE PLANNING TERROR ATTACKS IN THE COUNTRY\" -
Suspicious...Might- But there are many Criminal who already bark about committed crime openly.... Why no arrest!"
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