China has announced the discovery of its largest single gold deposit since the founding of the People’s Republic in 1949, according to a report from the Ministry of Natural Resources.
The colossal find, located at the Dadonggou Gold Mine in the northeastern province of Liaoning, contains a staggering 1,444.49 tons of proven gold reserves. The deposit has been classified as a super-large, open-pit mine, instantly making it one of the most significant mineral discoveries in the nation’s history.
The state-run Global Times reported that the site has already successfully passed an economic feasibility assessment, which clears the immediate path for its eventual development.
Officials noted that the area above the 720-meter elevation holds an estimated 2.586 billion tons of ore, with an average gold content of 0.56 grams per ton.
The discovery is also being hailed as a model for future exploration efforts. The massive reserves were identified following an unusually
rapid, 15-month exploration process, which is being viewed as a blueprint for “short-cycle, high-quality” mineral surveys across the country.