Our Blog


Gold Deposits Worth PKR 800 Billion Discovered in Attock, Punjab

Gold Deposits Worth PKR 800 Billion Discovered in Attock, Punjab

Posted on 18-01-2025 ( 26 Days ago)

Major Gold Discovery in Attock Announced

Lahore: A groundbreaking discovery of gold deposits worth an estimated PKR 800 billion has been announced in Attock, Punjab. Former Punjab Minister for Mines and Minerals, Ibrahim Hassan Murad, shared the news, confirming the discovery spans a 32-kilometre stretch. The findings were validated by the Geological Survey of Pakistan (GSP) after extensive research and sampling.

Extensive Research Validates Gold Reserves

The GSP conducted sampling at 127 different sites across the region to confirm the presence of gold reserves. Murad shared the update on social media platform X, calling the discovery a major milestone in unlocking Punjab's mineral wealth.

“This discovery is groundbreaking and marks a crucial step toward unlocking the mineral wealth of Punjab,” Murad said.

Economic Potential and Government Plans

Current Punjab Minister for Mines and Minerals, Sardar Sher Ali Gorchani, also confirmed the find, estimating its international market value between PKR 600 billion and PKR 700 billion. The Punjab government is collaborating with Nespak and other firms for a detailed valuation of the reserves.

The discovery is expected to significantly boost Pakistan's economy, creating new revenue streams and economic growth opportunities for future generations.

Security Measures and Auction Plans

To address concerns about theft, Section 144 has been imposed in the region to prevent unauthorized activities near the mining sites. The government plans to auction the deposits within a month and has already formed an auction committee chaired by the Attock Deputy Commissioner.

International advertisements will be launched to attract global interest in the auction. The Punjab Cabinet is set to approve auction rules in an upcoming meeting next Tuesday.

A Transformative Discovery for Pakistan’s Economy

The discovery of gold in Attock is expected to transform both the local and national economy. With the potential to generate massive revenue, this milestone is seen as a beacon of hope for economic revitalization in Punjab and across Pakistan.