Feb 26 • 17:23 UTC 🇱🇹 Lithuania Lrytas

It’s hard to imagine, but there could be tons of gold rising from the depths of the earth

A massive gold deposit, potentially containing over a thousand tons of gold, has been discovered beneath an existing mine in China's Hunan province, which could represent the largest gold find in history with a market value exceeding 72 billion euros.

A significant geological feature has been identified in Hunan province, China, where the Wangu gold mine is located, displaying an enormous open pit that has been gradually deepening over time. This mine has a history of gold extraction, but recent geological assessments suggest that the surface layers may have been almost entirely depleted, leading experts to believe that a substantial reserve of gold lies deeper underground. It has been projected that more than 1,000 tons of gold could exist below the mine’s current operations, making it a potential treasure trove, if confirmed, would not only be the largest gold deposit ever found but could also represent the largest collection of any precious metal in history, with an estimated market value exceeding 72 billion euros. Traditionally, gold is perceived as a rare metal due to its scarcity on the Earth's surface, an idea that has ingrained itself within human culture over thousands of years. However, scientists like Professor Matthias Willbold argue that gold is not particularly rare on Earth as a whole; it is primarily rare at the surface level. With 99.9% of the Earth’s precious metals believed to reside within the Earth’s core, the discovery in Hunan may redefine our understanding of gold’s availability and distribution, prompting further exploration and potentially reshaping gold markets globally.

📡 Similar Coverage