A deposit of high-quality gold ore containing around 1,000 metric tons (1,100 US tons) of yellow metal has been found in central China, valued at 600 billion yuan or US $83 billion, the Chinese state media reported.
The founding of the reservoir was announced by the Geological Bureau of Hunan Province which detected 40 gold veins within a depth of 2 kilometres (1.2 miles) in the northeast county of Pingjiang, according to Science Alert.
The discovery could be considered the largest and most lucrative reservoir of gold ever uncovered, surpassing the over 900 metric tons of gold reserves to lie within the South Deep mine in South Africa.
These 40 veins were thought to contain 300 metric tons of gold with further 3D modelling suggesting additional reserves could be found at a depth of 3 kilometres. The gold is expected to be eight times heavier than the Statue of Liberty, as per Live Science.
