Business
World’s largest gold deposit discovered in Siberia – Small Caps
Three years after buying the Sukhoi Log gold deposit in Siberia via auction from the Russian government, mining giant PJSC Polyus this week claimed it is sitting…
Three years after buying the Sukhoi Log gold deposit in Siberia via auction from the Russian government, mining giant PJSC Polyus this week claimed it is sitting on the worlds largest stockpile of the precious metal.
An October audit by the gold producer has estimated a maiden ore reserve at the flagship greenfields project located in Siberias isolated Irkutsk region to total approximately 540 tonnes of ore for 40 million ounces of gold grading at an average 2.3 grams per tonne.
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