Pakistan Hits Massive JACKPOT, claims to discover huge gold reserve in…, PM Shehbaz Sharif to…

The Pakistan’s Punjab government mining minister. Sher Ali Gorachani made a similar claim. Gorachani said that gold reserves worth approximately 700 billion Pakistani rupees exist in Attock.

Jan 21, 2025 - 17:30
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Pakistan Hits Massive JACKPOT, claims to discover huge gold reserve in…, PM Shehbaz Sharif to…

New Delhi: The Pakistan govt has beforehand made plenty of claims about discovering reserves of gold and other precious metals throughout the country. To recall, in 2015, the then High Minister Nawaz Sharif supplied the invention of trim reserves of iron, copper, and gold in town of Chiniot in Punjab, stating that these reserves would bring prosperity to Pakistan.

Lately, the Pakistan’s Punjab govt mining minister. Sher Ali Gorachani made a identical whisper. Gorachani stated that gold reserves value approximately 700 billion Pakistani rupees exist in Attock.

Per native media, the provincial minister acknowledged that 2.8 million tolas (approx. 32 metric a lot) of gold reserves trust been show in a 32-kilometer space in Attock. In step with recent market charges, the associated fee of this gold is estimated to be between 600 and 700 billion Pakistani rupees.

In a giant advise, used Punjab mining minister Ibrahim Hasan Murad claimed that gold reserves exist on the confluence of the Sindh and Kabul rivers in Attock. Talking to a deepest TV channel in Pakistan, he stated that during his tenure as minister, stories surfaced that some individuals trust been digging in the Attock space utilizing machinery.

Per Hasan Murad, when inquiries trust been made, it used to be published that individuals trust been browsing for gold there. Subsequently, Share 144 used to be imposed in the gap to ban gold exploration.

He acknowledged that the Geological Look of Pakistan had mild 500 samples from a 25-kilometer space, which confirmed the presence of gold there.

Where is the gold reserve situated in Pakistan?

Pakistan’s Ministry of Petroleum’s Mining Division at Saudi Arabia’s Future Minerals Forum in its characterize has acknowledged that the gold reserves in Pakistan will be found in Balochistan and Khyber Pakhtunkhwa, amounting to approximately 1.6 billion a lot.

The characterize states that Pakistan produces about 1.5 to 2 a complete bunch raw gold yearly.

It further mentions that with the completion of the “Reko Diq Venture” in Balochistan, Pakistan’s raw gold production may attain 8 to 10 a lot yearly throughout the next ten years.

Concerning silver production, the characterize implies that its reserves are also show in Balochistan.
The characterize states that silver mining in Pakistan is largely associated with the extraction of other metals, particularly copper and gold. The valuable production of silver is basically a byproduct of the production of these other metals.

Per the 2022-23 characterize by the Geological Look of Pakistan (GSP), an organization working under the Ministry of Vitality, efforts to seek out minerals and precious metals are underway at varied areas at some level of the country.

The characterize mentions that GSP is conducting be taught to seek out copper and gold deposits in Barit Hancoi in Gilgit-Baltistan, administered by Pakistan.

Additionally, GSP has been utilizing geochemical ways to analyze the presence of placer gold and other metals in the Attock district of Punjab and the Mansehra district of Khyber Pakhtunkhwa in Pakistan.

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