Engineers believe the new discoveries suggest Chinese gold reserves could be much larger than previously thought.

China has discovered a rare gold deposit in the Kunlun Mountains near the western border of Xinjiang Uygur autonomous region, according to government geologists involved in the survey. Initial estimates suggest its total gold reserves could exceed 1,000 tonnes. “The outline of a thousand-tonne-scale gold belt in West Kunlun, Xinjiang, is now taking shape,” wrote He Fubao, a senior engineer with the Kashgar Geological Team, and his colleagues in a paper published on November 4 in the…

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