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Gold deposits worth PKR 700 bn discovered in Pakistan's Punjab, claims govt

Punjab Minister for Mines and Minerals Sardar Sher Ali Gorchani says the Geological Survey of Pakistan launched a study on the gold deposits in Attock last year and discovered a huge quantity of gold there
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Pakistan's Punjab government on Tuesday claimed that they had discovered "massive gold deposits" worth over PKR 700 billion in the province.

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"We have discovered 2.8 million tola gold in Attock district of Punjab," Punjab Minister for Mines and Minerals Sardar Sher Ali Gorchani told reporters here.

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He said the Geological Survey of Pakistan launched a study on the gold deposits in Attock last year and discovered a huge quantity of gold there.

"The worth of gold deposits is PKR 600 bn-700 bn in the international market," the minister claimed.

He said the government had immediately formed rules for auctioning the gold reserves, and the process would begin in a month.

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The Geological Survey of Pakistan conducted sampling in 127 sites in Attock.

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