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Updated February 22nd, 2020 at 16:11 IST

Sonbhadra Gold Discovery: UP Deputy CM says reserves will make India financially strong

Speaking of the gold discovery in Uttar Pradesh's Sonbhadra, Deputy CM Keshav Prasad Maurya said that the gold reserves will make India financially strong

Reported by: Gloria Methri
Uttar Pradesh
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Speaking of the massive gold discovery in Uttar Pradesh's Sonbhadra, Deputy Chief Minister Keshav Prasad Maurya said on Saturday that the 3000-tonnes of gold reserves will help in making India financially strong.

"This will help in making India financially strong. The state government is happy with this news," Keshav Prasad told the reporters in Varanasi.

On Friday, Geological Survey of India and Directorate of Geology and Mining (DGM) of Uttar Pradesh, had estimated gold reserves of around 3,000 tonnes in Sonabhadra district.

READ | 3000-tonne Gold Deposits Found In UP's Sonbhadra; Makes Indian Reserve World's 2nd Largest

3000-tonne gold deposits found in Sonbhadra

In a massive gold rush, the Uttar Pradesh Directorate of Geology and the Mining and Geological Survey of India on Friday, February 21, discovered two gold mines which collectively amount to 3,350 tonnes of gold ore.

The two ores - located at Son Pahadi and Hardi village in Uttar Pradesh put together could be more than five times India's current gold reserves which is around 626 tonnes, as per records. The UP government is mulling on putting the gold deposits on lease for mining, said District Mining Officer KK Rai.

READ | Sonbhadra Gold Discovery: Hardeep Singh Puri Says, 'Reserve Will Catalyse Growth'

'Gold reserve will catalyse growth'

Earlier in the day, Union Minister of Housing and Urban Affairs Hardeep Singh Puri said that this discovery will catalyse the growth of the district. This development also makes India’s gold reserve the second largest in the world. 

Hardeep Singh Puri in a tweet said, “India will now have the world's 2nd largest gold reserves. The massive Gold discovery in Sonebhadra will further catalyze the growth of this beautiful aspirational district, bring positive change in the lives of the people & usher an era of transformation.” 

READ | RBI Matches Growth Forecast With Economic Survey; '6%,' Says Guv Das With FM Sitharaman

GSI now looking for Uranium

A day after discovering nearly 3,000 tonnes of gold reserves in Uttar Pradesh's Sonbhadra, the Geological Survey of India (GSI) is now conducting a survey to find uranium in the region, officials said on Saturday.

The survey is being conducted with the help of an aeromagnetic system through helicopter in the Kudri hill region of Sonbhadra. Survey has also begun in the neighbouring states, they added.  

"Tonnes of uranium are expected to be found in the Kudri hill region. The GSI team has dug the hill at three locations for uranium samples," an official involved in the survey said.

"Efforts are on to measure the exact depth of uranium reserves. A team of officials of the Department of Atomic Energy is engaged in the task," the official said.

READ | Gold Prices Rise Rs 111 On Weak Rupee, Silver Falls Rs 67

(With inputs from ANI) 

 

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Published February 22nd, 2020 at 16:11 IST

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