Gold rush hopes spark in Haveri as GSI identifies potential deposits | Hubballi News

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Gold rush hopes spark in Haveri as GSI identifies potential deposits

Haveri: Haveri district is witnessing growing discussion over whether the region, long known as the ‘land of cardamom fragrance’, could soon emerge as the ‘land of gold mines’.After gathering preliminary information on the district’s geological surface, the Geological Survey of India (GSI) has indicated the possible presence of gold and other mineral deposits at several locations.The agency has also initiated efforts to explore gold reserves in the district through authorised firms. Based on satellite imagery and related assessments, GSI has identified five zones in Haveri district as having potential mineral deposits. Detailed exploration activities are now underway at these locations, with aircraft-mounted equipment being deployed to detect and assess subsurface reserves.“A GSI team, working under the Union ministry of mines, will continue surveying various parts of Haveri and neighbouring districts for mineral resources until July 2026,” sources said.In 2024, gold exploration was conducted across the district. A report by Mining Tech Consultancy Services indicated possible deposits in areas such as Chinnikatti and Chinnamulagund, along with several other villages.In 2026, a fresh phase of exploration has begun. Deposits are suspected in Nagavanda in Rattihalli taluk, Kakol in Ranebennur taluk, Chinnikatti in Byadgi taluk, Salu Gudda (located 2km from Bisalahalli), and Sankrikoppa in Hangal taluk.“Gold exploration has been carried out in Haveri district several times in the past. However, at that time, gold prices were much lower. Mining would begin only if there was a certainty of finding at least 4g of gold per tonne of rock. Now, with prices soaring, even deposits of 1–2 grams per tonne are considered viable,” said an official from the department of mines and geology.“At first glance, deposits appear likely in Nagavanda, Kakol, Chinnikatti, Salu Gudda, and Sankrikoppa. A preliminary survey is in progress. If encouraging indicators emerge, the next step will be test excavation at the identified sites. Mining will begin only if these tests confirm the presence of gold,” the official added.“The process is carried out in stages known as G-1, G-2, G-3, and G-4. Certain companies are awarded contracts to carry out exploration, subject to approval by the Union ministry of mines,” another official explained.Quote“Five zones in the Haveri district have been identified, and exploration for gold and other mineral wealth is underway. The survey report will be submitted directly to the Union ministry of mines. At present, we do not have further details.”-Naveen PS, senior geologist, department of mines and geology



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