China unearths massive gold deposit worth €80 billion

Hunan province in China has discovered a supergiant gold deposit beneath the Wangu field, potentially holding over 80 billion euros worth of the precious metal. The find, detailed in recent reports, could reshape China's position as a global leader in gold reserves.

Explosive discovery: potential 1,000+ tonnes of gold

Drilling has revealed over 40 gold veins at depths of approximately 2,000 meters, confirming around 300 tonnes of reserves. However, 3D subsurface models suggest the deposit could extend to 3,000 meters and contain over 1,000 tonnes of gold – a figure that dwarfs many known deposits.

The ore's grade is exceptionally high, averaging 138 grams of gold per tonne of rock, significantly exceeding the 8-10 g/t typical of high-quality mines. This