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Myanmar's largest gold deposit found in ethnic Karen area
Jan 14, 2012, 8:16 GMT
Yangon - Myanmar's largest gold deposit has been discovered by US satellite Landset 7, a geologist told local media Saturday.
'I have been searching for that gold deposit for a long time and now I can confirm it,' retired professor Soe Thein was quoted in the Flower News. 'It can produce a thousand tons of gold for hundreds of years.'
The deposit covers a large area in the eastern part of the country that includes the ethnic Karen state, the report said.
'There was a historical evidence that people were using manual methods to extract gold in the dynasty of King Mindon in that area,' Soe Thein said.
There are 22 working gold mines in Myanmar, according to the mine department.
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