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Another gold rush looms with more Victorian land open for exploration

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cmtoo 29-Oct-19, 15:44	Another gold rush looms with more Victorian land open for exploration Victoria is primed for a new gold rush as the state government throws open 1500 square kilometres of land for international companies to probe for the precious metal. Authorities estimate there is still $150 billion worth of gold in the ground with only half the gold across Victoria thought to have been discovered. The new area for exploration lies to the east and north-east of Bendigo. The broader Bendigo region is estimated to hold 32 million ounces of gold, according to the geological survey of Victoria. Across Victoria about 80 million ounces of gold have been discovered since the rush began in the 1850s. From The Age

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cmtoo
29-Oct-19, 15:44

Another gold rush looms with more Victorian land open for exploration

Victoria is primed for a new gold rush as the state government throws open 1500 square kilometres of land for international companies to probe for the precious metal.

Authorities estimate there is still $150 billion worth of gold in the ground with only half the gold across Victoria thought to have been discovered.

The new area for exploration lies to the east and north-east of Bendigo.

The broader Bendigo region is estimated to hold 32 million ounces of gold, according to the geological survey of Victoria.

Across Victoria about 80 million ounces of gold have been discovered since the rush began in the 1850s.

From The Age

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