A “supergiant” gold ore deposit under an existing gold mine in China could be the world’s largest gold ore deposit. Officials estimate that the extent of the find could be 1,100 tons stretching as deep as 9,

A discovery of gold reserves, estimated to be worth $83 billion, was made in China last month. China is the world's largest gold producer, Reuters reports.

China's state media recently claimed that the world's largest gold deposit was discovered in the country's Pingjang County at $83 billion.

Officials say that a gold field deposit in Hunan province could yield over 1,000 tonnes of the precious metal.

Valued at approximately 600 billion yuan or US$83 billion, the discovery could be considered the largest and most lucrative reservoir of gold ever uncovered, surpassing the 900 metric tons estimated to lie within the mother of all gold reserves, South Deep mine in South Africa.

Chinese officials have announced the discovery of a massive deposit of high-quality gold ore, potentially worth around $83 billion, which could end up being the largest known deposit of the precious metal anywhere in the world.

According to Chinese state media, a high-quality gold deposit containing approximately 1,000 metric tons (1,100 US tons) of gold has been discovered in

A massive gold deposit, potentially the world's largest, has been discovered in Hunan Province, Central China, containing an estimated 1,000 metric tonnes of high-quality ore.

Chinese scientists have uncovered a "supergiant" deposit of high-quality gold ore hidden near some of the country's existing gold mines.