More gold reserves worth billions found in Pakistan

ISLAMABAD: Good news for the people of Punjab, as gold deposits have been confirmed at three additional locations within the province, Mianwali, Tarbela and Sutlej.

The discovery follows the earlier confirmation of gold deposits in Attock.

According to government sources, the value of these newly discovered gold deposits is likely to be worth several billion rupees. The National Engineering Services Pakistan (NESPAK) has been tasked with conducting a detailed survey of the sites to determine the scale and feasibility of extraction.

Officials plan to soon brief Punjab Chief Minister Maryam Nawaz on the latest findings and the steps required for extraction. Following the Attock model, an international auction will be held to invite bids for mining rights, ensuring transparency and efficiency in the process.

Earlier this week, the surprise discovery of gold deposits – worth Rs800 billion – was claimed by former Punjab Minister for Mines and Minerals Ibrahim Hassan Murad. According to Murad, the Geological Survey of Pakistan (GSP) has confirmed the presence of 2.8 million tola gold in a 32-km area in Attock.

In a post on X (formerly Twitter), Murad called the discovery a “tremendous” moment, highlighting the significant potential of Punjab’s natural resources. GSP confirmed the discovery and conducted extensive research, including sampling from 127 locations across the region.

“This milestone marks a significant step towards unlocking Pakistan’s mineral wealth,” Murad said, expressing hope that the discovery will further economic revival and open up new opportunities for future generations.

Sardar Sher Ali Gorchani, the current Punjab Minister for Mines and Minerals, confirmed the discovery of 2.8 million tola gold in Attock. Speaking to a private TV channel, he explained that the findings were based on a detailed study conducted by the Geological Survey of Pakistan, which included fieldwork that continued until last year.

The provincial minister further revealed that the government plans to hire the services of NESPAK and other firms to verify the true value of the reserves, which he estimates to be Rs600-700 billion in the global market.