19 December, 2022

Where are all the gold deposits in Serbia?

A few days ago, the President of Serbia, Aleksandar Vučić, told the citizens that one of the 80 largest gold deposits on the territory of our country was found in one of the poorest parts of Serbia.

This could be a deposit in Southeast Serbia, near the border with Bulgaria and Macedonia, where the Canadian research firm Medgold Resources found certain indicators that there is gold, about 19 tons.

In the middle of this year, Medgold bought 51 percent of the rights to the Tlamino Project from Fortuna Silver Mines for about three million dollars.

According to data from geological surveys, there are about 200 locations in Serbia with gold reserves that reach about 600 tons of the precious metal.

However, for now, gold is being mined at two locations. The largest deposit of gold is located in the vicinity of Bor and is mined by the Chinese Zijin from mine deposits in Majdanpek, Veliki Krivelje, Cerovo, Borska Reka and the largest of all, the Čukaru Peki mine, which was opened last year.

These are primarily copper mines, and copper ore is often accompanied by gold veins.

Despite this, research done by the American company Freeport McMoran together with the Canadian company Reservoir Minerals showed that there are about 98 tons of gold ore in the Chukaru Peki gold vein, although later reports speak of 81 tons of gold.

The Canadian company was later bought by the Chinese, which took over the exploitation rights of this deposit.

The only real gold mine was the Blagoje stone near Majdanpek, which has not been in operation for more than 20 years.

Recently, the story of the Potaj Čuka – Tisnica site near Žagubica was also started, where a deposit weighing about 19 tons of gold ore was found.

The company Avala Resorsiz, which is owned by the Canadian company Dundee Press Metals, has the rights here.

Apart from the mines, for hundreds of years adventurers have also been washing gold in the drifts of the Pek River and its tributaries, the Todoro River, Chubera, Brodica, Gložana, Vlasina, Nera and Rasina.

Eastern Serbia is located on the Timok magmatic complex, which is part of one of the largest metal-bearing belts in the world – TMB (Tethyan Metallogenic Belt), which stretches from Europe through Anatolia to Iran and contains rich deposits of copper ore and gold.

Apart from the surroundings of Bor and Majdanpek, gold is also currently extracted in the Lece mine near Medveđa, but it is primarily a lead and zinc mine.

Slightly smaller gold reserves are found in Western Serbia, about 27 tons in total.

At the beginning of the year, gold exploration rights were also granted in southwestern Serbia on the slopes of Mount Rogozna, on the slopes of Golija, Danas writes.

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