Odisha identifies three gold mines with likely reserves of 1,586 kg

Odisha is home to three identified gold mines located in Deogarh, Keonjhar, and Gajipur, Mines Minister Bibhuti Bhushan Jena informed on Thursday. 

According to preliminary estimates, these mines together are believed to contain around 1,586 kilograms of gold.

The Minister stated that a high-level meeting has been scheduled on January 3 to deliberate on the future course of action. During the meeting, detailed discussions will be held on the modalities for auctioning the gold blocks.

Also Read: Odisha prepares to auction gold and 48 other mineral blocks

"Gold mines have been found out in Deogarh, Keonjhar, and Gajipur. These mines contain around 1,586 kilograms of gold. It will be explored further. Subsequently, discussions will be held on the modalities for auctioning the gold blocks," said Mines Minister Bibhuti Bhushan Jena.

Apart from gold, Odisha has identified extensive deposits of iron ore, bauxite, manganese, limestone, dolomite, graphite, copper, nickel, silver, titanium, vanadium, tin and rare earth elements (REE).

Graphite blocks have been identified in Kalahandi, Rayagada, Bolangir, Nayagarh and Deogarh districts, with notable resources at Lamer-Panga, Naringpanga, Rengali and Tamiya blocks. Several of these blocks are at G2 and G3 levels of exploration, indicating significant resource potential.