1,000-ton gold reserve discovered in China's Kunlun mountains: Report

Chinese geologists have reported the discovery of a potentially large gold deposit in the Kunlun Mountains of Xinjiang Uyghur Autonomous Region. This newly identified deposit is described as a belt of scattered gold veins that could yield over 1,000 tons of gold if further exploration confirms its extent and economic viability. However, the discovery remains at an early stage, with estimates still theoretical until extensive drilling can verify the continuity, grade, and depth of the deposit. Only a portion of the gold present is expected to be economically mineable. This find is the third reported 1,000-ton-plus gold deposit in China within the past year, following discoveries in Liaoning and Hunan provinces. The Liaoning deposit, while large, is low-grade and would require moving vast amounts of ore to extract gold, impacting profitability. The Wangu field deposit is geologically promising with some very high-grade samples but is located at great depths, making mining costly. These discoveries come amid China’s intensified geological exploration efforts aimed