Punjab Minister for Minerals Sardar Sher Ali Gorchani has announced the discovery of 2.8 million tola gold in a 32-kilometer-wide area of Attock, valued between Rs600-700 billion in the global market.
The revelation comes as the Punjab government works with the Geological Survey of Pakistan to confirm the reserves.
Speaking to an Urdu daily, Gorchani stated that further verification of the reserves’ value would involve hiring Nespak and other firms. He added that the gold deposits would be auctioned next month, with an international advertisement campaign planned to attract bidders.
The minister said that an auction committee, chaired by the Attock deputy commissioner, has already been established, and rules for the auction process will be presented to the Punjab cabinet for approval in its next meeting.
The minister also highlighted incidents of illegal gold extraction in the area, prompting the Punjab government to impose Section 144 to prevent further theft. The situation is now under control, with no recent reports of unauthorized activity.
