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Friday, September 14, 2012

Sarawak gold mine may be one of world`s richest

One of the richest gold mines in the whole world may possibly be found in Jugan Hills of Central Bau, Sarawak, if metallurgy tests are correct.

According to tests conducted by Canada based mining company Olympus Pacific Materials Inc, an estimated 50 million tonnes of gold may be extracted from the area.

This is almost similar to what is produced by Grasberg gold mine in the Indonesian province of Papua-currently the larget gold mine in the world-which can produce up to 48 million tonnes of gold.

Central Bau is a large and historic goldfield with an established gold resource, which has been mined intermittently and has yielded 71 million tonnes since the mid-19th Century.

The Bau Goldfield lies within the Borneo metalliferous belt, which contains several other productive gold mining camps, including Kelian, Mamut (gold and copper) and Mt.Muro.

Preliminary results from metallurgy tests conducted by Olympus Pacific indicate that Jugan Hills alone is capable of producing 17 million tonnes of gold.

(Source: The Sun, 13th Sept 2012)

#Penemuruai`s comment: Silent is golden.

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