November 22, 2024 15:08 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
PM Modi bestowed Dominica's highest award at India-CARICOM Summit | 69-year-old Delhi man, a St. Stephen's alumnus, arrested for conning govt officers by posing as ex-IPS | 'Baseless': Adani Group denies US charges of bribery and fraud against Gautam Adani | AAP's first list of candidates for Delhi polls feature six turncoats | PM Modi is incapable to arrest Gautam Adani: Rahul Gandhi after tycoon charged with bribery and fraud in the US
Andhra Pradesh has 47.17 tonnes of total gold reserves
Gold resource
Photo courtesy: Wallpaper Cave

Andhra Pradesh has 47.17 tonnes of total gold reserves

| @indiablooms | 01 Aug 2023, 12:53 am

New Delhi: Andhra Pradesh has 47.17 tonnes of total resources—5.3 tonnes of proven & probable reserves and 41.87 tonnes of remaining resources—of Gold as primary metal as on April 1, 2020, according to Indian Minerals Year Book 2021.

As per gold investigations carried out by GSI in various parts of Andhra Pradesh, gold occurrences have been reported from the Ramagiri gold field, Penakacherla gold field, Jonagiri Schist Belt, Bisanattam to the south of Chigargunta - Bisanattam gold belt.

GSI has an estimated resource of 3.467 million tonnes of ore averaging 4.0 - 6.22 g/t Au in the Chigargunta area.

After the implementation of the MMDR Act, 2015, the geological reports on Chigargunta and Bisanattam Gold Mines Kolar Schist Belt Chitoor District, Andhra Pradesh have been handed over to the Andhra Pradesh government.

The resource estimated in Chigargunta Mine-1 is 1.6573 million tonnes of ore with an average of 5.20 ppm gold and the total resource estimated in Chigargunta block is 2.04 million tonnes with an average of 5.73 g/t up to 5th level (Chigargunta Mine 1 & 2).

The resource estimate in the Bisanattam block is 173478 tonnes of ore with an average grade of 4.70 g/t.

This information was given by Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi in a written reply in Rajya Sabha on Monday.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.