In an exciting development for Pakistan’s economy, substantial gold reserves valued at approximately Rs800 billion have been discovered in the Attock region of Punjab. The discovery, announced by Sardar Sher Ali Gorchani, the provincial minister for Mines and Mineral, reveals an astonishing 2.8 million tolas of gold buried beneath the ground. This groundbreaking find follows a detailed geological survey conducted by the Geological Survey of Pakistan, with confirmation from the National Engineering Services Pakistan (NESPAK).

The reserves are located at the confluence of the Kabul and Indus Rivers, a location that could hold immense economic potential for the country. Gorchani emphasized that the discovery marks a turning point in Pakistan’s mining sector and could provide a significant boost to the national economy.

Following this revelation, a high-level committee has been established to oversee the process of auctioning off the mining rights for these reserves. The project will require approval from the provincial cabinet, with further steps to be taken once the green light is given. The government is optimistic about the opportunity to capitalize on these newfound resources, which could strengthen Pakistan’s economic position both domestically and internationally.

As gold prices fluctuate globally, this discovery could not have come at a more opportune time. Although local gold prices have seen a slight decline recently, the long-term economic outlook remains bright. With such a valuable resource now under its control, Pakistan may be poised to reap the benefits of its rich mineral deposits for years to come.