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Home Business

Midas touch: GSI discovers 250 kg gold reserve near Jamshedpur in Jharkhand

by Navjeevan Express
6 years ago
in Business, mining
Reading Time: 2 mins read
0
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Midas touch: GSI discovers 250 kg gold reserve near Jamshedpur in Jharkhand
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NE NEWS SERVICE

RANCHI, JUNE 8

The Geological Survey of India (GSI) on Monday announced that it has discovered nearly 250 kg of gold resource beneath the earth in the Bhitar Dari Village of East Singhbhum District in Jharkhand state. The village is about 20 km. south of Jamshedpur town.

This has actually paved the way for auctioning of gold mines of this area, which would be carried out soon.

The resource bearing report was handed over by Janardan Prasad, Deputy Director-General, GSI SU: Jharkhand to Aboobacker Siddique P, Secretary (Mines), Government of Jharkhand on June 3, 2020.

“The mining stretch of Bhitar Dari-Hakegora areas has a mineable gold resource of nearly 250kg. During the course of work, 6 boreholes were drilled over a strike length of approx. 600 m. Resource assessment was done through analysis of 709 no. of core samples which augmented 340354.7(0.34 million tonnes) tonnes of gold ore with an average grade of 0.71 g/t with 0.4 g/t cut off and a total of 55196 tonnes of ore with an average grade of 1 g/t with 1 g/t cut off. The resource falls under 333 category, as per UNFC classification. GSI report also indicated that gold would have to be mined from up to a depth of nearly 150 metres in Bhitar Dari area,”  according to a G-3 stage report.

A team led by Pankaj Kumar, Director carried out the survey, mapping and sampling in Bhitar Dari since 2013-14 while Senior Geologists Abhishek Das and Nandu Khalkho carried out the drilling process in the year 2017-18 & 2018-19. Background for the present work lies with untiring efforts by the Geologists of the GSI since the F.S. 2009-10 when a G-4 stage investigation for gold in the Bhitar Dari- Gotigora-Hakegora areas was conducted along with detailed mapping, which lead to delineation of 600 m of potential zone in the area. Pankaj Kumar, Director was associated with the item since inception from F. S. 2009-10, as a Senior Geologist.

 

 

Tags: 250 kg goldAboobacker Siddique PBhitar Dari-Hakegora areasDeputy Director-GeneralGovernment of JharkhandGSI SU: JharkhandJanardan PrasadSecretary (Mines)
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