Photo: Screenshot from China Media Group

The Ministry of Natural Resources announced on Friday a major mineral exploration breakthrough, as China has successfully delineated the first thousand-ton-level, low-grade super-large gold deposit — the Dadonggou Gold Mine — in the Liaodong region, Northeast China's Liaoning Province, with a total proven gold metal content of 1,444.49 tons, making it the largest single gold deposit discovered since 1949, China Media Group (CMG) reported.

The Ministry of Natural Resources said that the entire Dadonggou Gold Mine area above the -720-meter elevation has proven reserves of 2.586 billion tons of gold ore, with a total gold metal content of 1,444.49 tons and an average grade of 0.56 grams per ton, per the report.

According to CMG, the Dadonggou Gold Mine is another super-large low-grade open-pit gold mine discovered in China. It has currently passed the economic feasibility assessment for development and utilization, with promising expected benefits. During the exploration process, nearly a thousand staff members collaborated on the work, shortening the exploration timeline to 15 months and pioneering a domestic precedent for "short-cycle, high-quality" gold mine exploration.

Global Times