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Gold mine with some 98.2 thousand tons of proven reserves discovered in Iran

Business Materials 23 July 2013 16:10 (UTC +04:00)

Azerbaijan, Baku, July 23/ Trend, N. Umid/

The third biggest gold mine of Iran's north-west region with some 98.212 thousand tons of proven reserves discovered in West Azerbaijan province's Piranshahr, official of Industry, Mine and Trade department of West Azerbaijan, Akbar Taheri said, IRNA reported.

According to the report, the mine's area reaches some 36 square kilometers and the gold reserves' purity is about 38.1 grams per each ton.

The mine's probable reserves hits 196.224 tons, the report said.Two other gold mines of West Azerbaijan province located in Takab.

Iran's gold reserves are estimated to be over 340 tons, IRNA quoted deputy head of the Geological Survey of Iran Behrouz Borna as saying on May 25.

Fifteen gold mines are being operated across the country, and two others will be added in the current year, Borna said.

Iran ranks 12th in Asia and 42nd in the world in terms of gold reserves, he added.

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