🌟 CHINA UNCOVERS A GOLD MEGA-DEPOSIT
🇨🇳 A supergiant gold discovery in Hunan Province could be the largest on Earth — with potential reserves exceeding 1,000 metric tons (~$83 billion worth).
🔍 Key Details:
· Location: Wangu gold field, Hunan Province
· Confirmed reserves: ~300 tonnes (so far)
· Potential total: 1,000+ tonnes underground
· Ore quality: Up to 138g gold per tonne (extremely high grade)
· Status: Still under validation & drilling
🌍 Global Impact:
A find of this scale could:
· Boost China’s influence in gold markets
· Shift global supply dynamics long-term
· Inspire new exploration tech & strategies worldwide
💡 Crypto & Metals Angle:
More gold supply could ease price pressure — but also highlights scarcity narratives for Bitcoin (fixed supply) vs. gold (new discoveries still possible).
#Gold #China #Commodities #Mining #Bitcoin
