Former caretaker minister of Minerals of Punjab, Ibrahim Hassan Murad, revealed the discovery of massive gold reserves in Attock City, Punjab. The Pakistan gold reserves, valued at approximately Rs800 billion, have brought a glimmer of hope for the financially struggling nation.
Punjab Gold Mining News: A $287 Million Jackpot
According to the former minister, the reserves amount to a staggering 28 million tolas of gold, valued at $287 million in the international market. These gold deposits stretch over a 32-kilometer area in Attock, as confirmed by the Geological Survey of Pakistan findings. The survey involved collecting samples from 127 locations, showcasing the untapped potential of Attock mineral resources.
Murad expressed optimism that this discovery could significantly contribute to Pakistan’s economic recovery and create opportunities for future generations. This gold discovery in the Indus River region also underscores Punjab’s vast natural resource wealth.
Section 144 in Attock to Curb Illegal Mining
In light of the discovery, the government has imposed Section 144 in Attock to prevent illegal gold mining in Punjab. Reports suggest that local residents often collect gold particles when the water level in the Indus River drops during winter. This precaution aims to ensure that these gold reserves in Pakistan are utilized for the nation’s benefit rather than exploited illegally.
Economic Impact of Gold Discovery in Pakistan
While the discovery of these gold deposits is promising, there is no official confirmation from the government regarding this potential jackpot. However, if properly managed, these gold reserves in Attock could play a pivotal role in addressing Pakistan’s challenges with inflation, unemployment, and foreign exchange deficits.
Stay tuned for more updates on this exciting Attock gold discovery and its implications for the country.
