Punjab has struck gold once again with the discovery of new reserves at three locations: Mianwali, Tarbela, and Sutlej. This comes right after the announcement of substantial gold deposits in Attock, showcasing the province's rich mineral potential.
Valued in Billions, Awaiting In-Depth Surveys
Government sources indicate that the newly discovered gold reserves could be worth billions of rupees. The National Engineering Services Pakistan (Nespak) has been tasked with conducting thorough surveys of these sites to evaluate the extent and viability of gold extraction. Authorities have mentioned that Punjab Chief Minister Maryam Nawaz will soon receive a comprehensive briefing on these discoveries. Following the successful model in Attock, an international auction will be organized to invite bids for mining rights, ensuring a transparent and efficient process.
Recent Discovery: Rs800 Billion Gold in Attock
This news follows a groundbreaking announcement earlier this week, confirming gold reserves in Attock valued at an astonishing Rs800 billion. Former Punjab Minister for Mines and Minerals Ibrahim Hassan Murad disclosed that the Geological Survey of Pakistan (GSP) had verified the existence of 2.8 million tolas of gold along a 32-kilometer stretch in the district. Extensive research and sampling from 127 locations in the area validated these findings, marking a significant achievement for Pakistan’s mining sector. "This is a crucial moment for unlocking Pakistan's mineral wealth," Murad remarked, expressing optimism that the discovery would drive economic growth and benefit future generations.
Government’s Plan for Responsible Extraction
Sardar Sher Ali Gorchani, the current Minister for Mines and Minerals in Punjab, has confirmed the discovery in Attock and highlighted the government's dedication to responsible extraction practices. He mentioned that the government intends to engage Nespak and other international firms to assess the true value of the reserves, which is estimated to be between Rs600-700 billion in the global market. To ensure transparency and accountability, all mining activities will be carried out through a competitive bidding process.
A New Dawn for Punjab’s Economy
These discoveries position Punjab to emerge as a key player in the global gold market. The combined potential of the reserves located in Attock, Mianwali, Tarbela, and Sutlej could significantly impact the region, fostering economic growth, generating employment opportunities, and drawing in international investments. As additional surveys and studies are conducted, Pakistan may be on the brink of a mining revolution that could reshape its economic landscape.
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