CM Maryam Reveals Significant Placer Gold Evidence in Rivers

News Desk

ISLAMABAD: Punjab Chief Minister Maryam Nawaz announced on Thursday that there is “significant evidence” of “sufficient quantities” of placer gold in the province’s five major rivers.

This revelation was made during her address at the Pakistan Minerals Investment Forum, which aims to attract both domestic and foreign investment in the mining sector.

During the forum, attended by the chief ministers of Balochistan and Sindh, as well as KP Governor Faisal Karim Kundi, CM Nawaz emphasized the potential of Punjab’s mineral resources.

She stated that the discovery of placer gold could significantly boost the local economy and create job opportunities, highlighting the province’s untapped natural wealth.

This announcement comes at a time when Pakistan is seeking to enhance its economic stability through resource development.

The identification of placer gold could not only attract investment but also position Punjab as a key player in the mining industry, potentially leading to increased exports and foreign exchange earnings.

Looking ahead, the government plans to conduct further geological surveys and assessments to quantify the gold reserves and develop a strategic framework for mining operations.

The next steps will involve engaging with international investors and mining experts to explore the feasibility of extraction and processing.