A deposit with 11 tons of gold reserves has been discovered in the Czech Republic
A deposit with gold reserves of nearly 11 tons has been discovered near the town of Zlaté Hory in northeastern Czechia. According to experts' estimates, the development period for the deposit will be 15 years: three years allocated for preparatory work, 10 years for extraction, and another two years for closing the site and land reclamation.
Deposit with 11 tons of gold reserves discovered in the Czech Republic
A large deposit has been discovered near the town of Zlaté Hory in northeastern Czech Republic. According to preliminary data from the state-owned enterprise DIAMO, the deposit contains gold reserves of almost 11 tons.
In addition to gold, the ores in the deposit area also contain copper and zinc. According to experts' calculations, by processing 200 thousand tons of ore per year, it is possible to extract 265 tons of copper and 1,556 tons of zinc. Currently, tests are also being conducted to determine whether there is gallium in the deposit.
According to the project, the mine is planned to operate for 10 years. However, the total duration of the project is 15 years: three years allocated for preparatory work, 10 years for extraction, and another two years for closing the mine and land reclamation. If new reserves are identified as a result of additional geological exploration, the operation period of the mine may be extended.
In addition, the project also envisages attracting additional investments for the development of the region. However, their amount and directions have not yet been determined. Nevertheless, a final decision on launching the mine has not yet been made. For this, detailed research and additional geological exploration work must be conducted, and the environmental impact of mining activities must be assessed. In particular, experts will need to study the potential impact on water sources, noise and dust levels, the load on roads, and the safety of blasting operations.