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.
Comments
Peja,
Please explain to your followers that NA TASYA PRATIMA ASTI means there is no image of GOD and U guys are fooled to worship lifeless stones and objects just to be a part of fire...
God says there is only one God and U should worship this one God... and not associate partners with him...
Look for the TRUE GOD , If U are honest U will find him otherwise people like peja will deceive U in your whole life to worship the lifeless objects which will not benefit nor harm anybody.
33 crores plus one
Datta Peetha for Hindus, Kanakana Kindi at Sri Krishna Matta for Harijans. Are you ready Swamiji?????
99% of Hindus are not behind and interested in Ram temple and datta peeta but Bajrangies.....this terrorist groups should be given a lesson by the government.....
Shri Dattatreya was both god and guru for Hindus.
I do not understand the above sentence. Its looks funny while reading because how people accept every creations of god as GOD???
Worship the creator and not his creations.
What is dutta peeta? what about ram temple...is it closed chapter?
Bajrangies should understand that the both places are Muslims property...cannot take a centimeter from it....
It proved that he is the swamy for goons and criminals.
Hey cheater pejawara...
This land doesnot belong to your father, mind it and mind your own business....
Wonderful argument by Great Swamiji, any way, definitely that \DATTA PEETA\" belongs to Hindustanis, but not Criminal Goonda Looters, Swamiji looking and Listening you are Thinking These before Chaddi Now Lungi Cheating Looting for Gangasara, leave their Gangasara business to Master Charan. swamiji see all belongs to Hindustanis why are you simply listening some criminal goonds says for their benefit nothing else you great swamiji these goonda political looters are doing good for our great Nation!!!!!!!!! never and ever swamiji all are Self contribution only not for religion not for nation.
Hindustan Jindabad.."
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