Former Punjab Minister for Mines and Minerals, Ibrahim Hassan Murad, has shared exciting news about a massive gold discovery in Attock. He announced that the deposit holds an estimated 2.8 million tolas of gold, valued at Rs800 billion.
Research Confirms the Gold Reserves
The Geological Survey of Pakistan (GSP) has validated the discovery through extensive research and sampling. According to Murad, the gold reserves span an area of 32 kilometres in the region. He shared this information on X (formerly Twitter), calling it a “groundbreaking” milestone for Pakistan’s economy.
Unlocking Pakistan’s Mineral Wealth
Murad emphasised the importance of this discovery, describing it as a step towards revitalising the economy. He stated that it could open new opportunities for future generations. Moreover, he highlighted the immense potential of Punjab’s natural resources, which are now gaining recognition.
Read more: Gold Rates Witness Massive Hike in Pakistan
Government Steps to Secure and Auction the Reserves
Punjab’s current Minister of Mines and Minerals, Sardar Sher Ali Gorchani, confirmed the findings and shared updates on government actions. He noted that the reserves are worth between Rs600-700 billion in the global market. Furthermore, the government has been working based on the GSP study, which began last year.
To prevent theft, Section 144 has been imposed in the area. Additionally, Nespak and other firms will assess the reserves’ exact value. Gorchani revealed that the gold would be auctioned internationally after a month.
The provincial government has already formed an auction committee, led by the Attock deputy commissioner. Moreover, the Punjab cabinet will approve auction rules in a meeting next Tuesday. This discovery could mark a turning point for Pakistan’s economy and attract global investment in its mineral sector.
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