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Iran Discovers Massive Gold Deposit: 53.1 Million Tonnes of Sulphide Ore

Can't find much reliable facts on this. AI tells us ( I know, Ai ) sulfide and oxide Au deposits both run about 0.01 grams/ton. On average I suppose. So if Iran has accurately given the total ~60 M tons deposits, this results in less than a million OZ . And less than 4 B$ Au. about 1% of their GDP. Plus associated metals.

Not a world market shaking thing. And assuming they can make an economic go of it at ~0.3 grams /ton ( = ppm metric) they will have a boost to employment and support services.

If they have the water near there to work the process. Have you read about their water problems?
 
Can't find much reliable facts on this. AI tells us ( I know, Ai ) sulfide and oxide Au deposits both run about 0.01 grams/ton. On average I suppose. So if Iran has accurately given the total ~60 M tons deposits, this results in less than a million OZ . And less than 4 B$ Au. about 1% of their GDP. Plus associated metals.

Not a world market shaking thing. And assuming they can make an economic go of it at ~0.3 grams /ton ( = ppm metric) they will have a boost to employment and support services.

If they have the water near there to work the process. Have you read about their water problems?
There should be more information coming out soon as to how rich the deposit or deposits are.
 
Here are some other links for what it is worth:

Iran announces discovery of major gold deposit

https://www.newarab.com/news/iran-announces-discovery-major-gold-deposit



Iran Confirms New Large-Scale Gold Discovery By Abdul Moeed December 3, 2025

https://greekreporter.com/2025/12/03/iran-gold-discovery/



Iran announces discovery of major gold deposit

https://www.orepulse.com/news/Iran-announces-discovery-of-major-gold-deposit



Iran Announces Major Gold Find in South Khorasan Province: Report

https://newsable.asianetnews.com/wo...ince-report-articleshow-0r1ge9g#goog_rewarded
 
There are some other stories that have been out there for up to a week. No real reports about the richness of the find or finds out there yet.
 
Can't find much reliable facts on this. AI tells us ( I know, Ai ) sulfide and oxide Au deposits both run about 0.01 grams/ton. On average I suppose. So if Iran has accurately given the total ~60 M tons deposits, this results in less than a million OZ . And less than 4 B$ Au. about 1% of their GDP. Plus associated metals.

Not a world market shaking thing. And assuming they can make an economic go of it at ~0.3 grams /ton ( = ppm metric) they will have a boost to employment and support services.

If they have the water near there to work the process. Have you read about their water problems?
Iran Turns To Water Imports As Crisis Deepens

https://www.rferl.org/a/iran-water-crisis-import-neighbors/33613589.html

Iran's Water Crisis Nears Point Of No Return

Iran faces a severe water crisis due to decades of mismanagement and the worst drought in 60 years.

Tehran, home to 10 million people, has started water rationing, and officials warn of possible evacuations if the situation worsens.

Reservoirs are critically low, with some cities like Mashhad seeing dam capacities fall below 3 percent.

Experts call for urgent reforms and better water management, as current government measures are seen as insufficient to address the crisis.

https://www.rferl.org/a/iran-water-crisis-drought-tehran/33588345.html
 
I think its more hype and pipe dream.

The cost of extraction and processing per ton has to be less than what is recovered per tone of ore. The profit margin has to have a enough margin to handle gold price fluctuations. Sulfide and oxide gold deposits are not inherently easy, but their difficulty varies: oxides are often simpler (leachable), while sulfides present complex challenges like "locked gold," consuming cyanide and requiring complex flotation/smelting, making them harder but potentially richer. Oxide deposits are generally more straightforward to process, often through cyanide leaching if free gold is present, but sulfides need intensive pre-treatment like flotation to separate minerals before smelting, adding significant cost and complexity.

Also I do not think much Western foreign hedge fund capital will be flowing into Iran to develop the mine. Sanctions on Iran are comprehensive, multi-layered restrictions imposed by the UN, US, EU, and other nations, targeting its nuclear & missile programs, energy sector, financial system, and entities like the IRGC, prohibiting arms/tech transfers, freezing assets, and imposing travel bans to pressure Iran on nuclear compliance and regional activities, impacting its oil, trade, and currency.

At present I can not see a viable preposition in the making. Russia and China through Iran under the bus. Russian and china has their own gold reserves to invest in. Half of Arab word is at odds with Iran. So a notable ore deposit discovery but ground not breaking.

Crow
 
Metallogeny of volcanogenic massive sulfide deposits of Iran Jan Peter

2018, Ore Geology Reviews

https://www.academia.edu/38502166/Metallogeny_of_volcanogenic_massive_sulfide_deposits_of_Iran

Barite Replacement as a Key Factor in the Genesis of Sediment-Hosted Zn-Pb±Ba and Barite-Sulfide Deposits: Ore Fluids and Isotope (S and Sr) Signatures from Sediment-Hosted Zn-Pb±Ba Deposits of Iran. Minerals 2024, 14, 671

argue that barite is a common mineral in Iranian sediment-hosted Pb-Zn deposits [1]. They conclude that barite is a key mineral and usually overprinted by later stages of sulfide mineralization.

https://www.mdpi.com/2075-163X/15/6/634

Exploration complexity: Different tectonic settings mean varied mineralization styles. Does this mean there is pocket zones of the better sulfides with gold?????????

Environmental concerns: Sulfide mining can generate acid mine drainage if not managed properly.

Economic potential: Large-scale deposits (like the gold sulfide discovery) could reshape Iran’s mining industry.

Scientific interest: Isotope and fluid chemistry studies provide insights into ore genesis and regional metallogeny
 

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Finding a "massive gold deposit" is very cool....but in reality it doesn't
mean squat until they can get it out of the ground and turn it into usable
currency.
 
Finding a "massive gold deposit" is very cool....but in reality it doesn't
mean squat until they can get it out of the ground and turn it into usable
currency.
Time will tell what is really there. There is currently a lack of water and perhaps mining know how to bring it to the level of usable currency.
Interesting that there are few real reports on what is there etc. after a week or so.
Example of mining issues in Iran today:
Iran coal mine blast caused by methane leak kills 51 and injures 20

Several workers feared trapped in mine in South Khorasan province Arpan Rai

Sunday 22 September 2024

https://www.independent.co.uk/news/...ine-blast-khorasan-death-latest-b2616879.html
 
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Weve ruined any ties with Iran we could have had so only Russia would benefit from this.
Won't help us.
No real news update yet on the deposit / deposits quality.
 

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