Day after the information of the discovery of gold deposits estimated to be round 3,000 tonnes in Sonbhadra district of Uttar Pradesh, the Geological Survey of India (GSI) on Saturday rejected any such discovering and issued a clarification that the estimated reserve is about 160 kg.

Now, the query arises…how did the information unfold?

The marked area on the map shows Sonbhadra

The marked space on the map reveals Sonbhadra.Google Maps

An investigation by IANS revealed that the whole factor began after the correspondence between the mining division of Uttar Pradesh and the collector of Sonbhadra received leaked.

READ | No discovery of 3000-tonne gold deposits in UP’s Sonbhadra: GSI

IANS has a letter dated January 31, 2020, from the Directorate of Mines and Minerals (Mining Directorate) of Uttar Pradesh, which has estimated a complete of 2943.26 tonnes gold in Sona Pahadi block and 46.15 kg gold in Hardi block of Sonbhadra district. Thus, this letter states that there are more likely to be about 3,000 tonnes of gold in the district.

Prices of the safe haven yellow precious gold metal jumped 0.2 per cent to $1,751.80 an ounce after finance ministers in the heavily fiscal-affected eurozone and the International Monetary Fund (IMF) agreed to reduced Greece's long-term debt.

Reuters | Representational

This letter additionally states that the report of the public sale of minerals has been made obtainable by the GSI. The land is to be recognized earlier than the public sale of blocks of minerals. The seven-member staff has additionally been knowledgeable to extract the gold. In the letter, information has additionally been given on behalf of the District Magistrate (Collector) of Sonbhadra.

The GSI acknowledged that the organisation isn’t a celebration to the information experiences printed by varied media homes about the estimation of the quantity of gold.

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