Largest gold deposit in the world worth $83 billion found in China
- Thread starter EVIE/BEE
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Help Support Prospecting Australia:
At 375 tonnes China is the world's largest gold producer, followed by Russia. But Australia is 3rd.... and 314 tonnes is nothing shabby! 
Much better place to prospect too!At 375 tonnes China is the world's largest gold producer, followed by Russia. But Australia is 3rd.... and 314 tonnes is nothing shabby!
Most of it is 12 miles beneath the surface apparently.
Good luck with that Mr Ping.
BRINGS TO MIND... is there a drilling rig that can drill that deep??
Good luck with that Mr Ping.
BRINGS TO MIND... is there a drilling rig that can drill that deep??
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A while back we were befriended by a drilling team working on the Tanami.
They were after rare earths and were not interested in gold.
They showed us the cores that were laid out in order representing a kilometer of drilling.
Thin bands of gold could be seen from several depths.
The drillers then went down another metre and showed us the core. It broke apart at a thin layer of gold that covered the whole face.
How extensive the gold deposits are and whether or not they could be mined at a profit was not apparent, but there are certainly deep deposits of gold under the Tanami and deep drilling seems to be a routine practise.
They were after rare earths and were not interested in gold.
They showed us the cores that were laid out in order representing a kilometer of drilling.
Thin bands of gold could be seen from several depths.
The drillers then went down another metre and showed us the core. It broke apart at a thin layer of gold that covered the whole face.
How extensive the gold deposits are and whether or not they could be mined at a profit was not apparent, but there are certainly deep deposits of gold under the Tanami and deep drilling seems to be a routine practise.
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