KGF-like Gold Reserves Discovered in Andhra Pradesh's Kadiri Region

• A central government survey identified significant gold reserves in the Kadiri region of Sri Sathya Sai district, Andhra Pradesh, comparable to KGF.
• Preliminary reports suggest approximately 16 tonnes of gold reserves across ten areas, with 10 tonnes near Jaukal, 4 tonnes in Ramagiri, and 2 tonnes in Boksampalli.
• The reserves are spread over 97.4 square kilometers, with an average of four grams of gold per tonne of soil, making mining economically viable.
• The central government advised composite permissions for investors, and the state government plans to auction 1,000 hectares for mining soon.
• Mining operations are expected to boost industrial development, create thousands of jobs, and bring economic impetus to the Kadiri region, with environmental regulations to be strictly enforced.

Why It Matters: Massive KGF-like gold reserves found in Andhra Pradesh's Kadiri region promise significant economic growth and job creation.