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Gold deposits found in Seruwawila: GSMB

18 October 2019 08:52 am - 6     - {{hitsCtrl.values.hits}}

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Geological surveys conducted recently have revealed a gold deposit of 100 sq. kilometres buried in an area centring Seruwawila, Geological Survey and Mine Bureau (GSMB) Chairman Asela Iddawela said.

The Chairman said he hoped to seek foreign investors willing to work in accordance with the policies and procedures adopted by the bureau to join with the GSMB to carry out further surveys based on the data and geological elements available.

GSMB Director-General Dr.C.H.E.R. Siriwardena also affirmed the presence of gold ore within the Seruwawila copper and iron deposit in an area of about 100 kilometres in Arippu and Kollakulam.

He also said further surveys are needed to ascertain the economical viability of the expected gold deposit and samples have to be analysed to see the possibility of finding palladium, platinum elements. If the survey reveals positive results foreign investors can be attracted to develop the ore. (Thilakarathna Dissanayaka)


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  Comments - 6

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  • BuffaloaCitizen Friday, 18 October 2019 10:41 AM

    All humbug, another ruse to pocket commissions. Remember Fowzie's adventure in Mannar basis for oil, he minted commissions enough for two generations of his family.

    Nath Friday, 18 October 2019 11:28 AM

    Please do not offer these resources to foreign "jackals". Just see what has happened to African countries.

    Raj Friday, 18 October 2019 02:53 PM

    Economically viable? Might be more economical to bring it from another planet or asteroid!

    Raj Friday, 18 October 2019 02:53 PM

    Economically viable? Might be more economical to bring it from another planet or asteroid!

    Raj Friday, 18 October 2019 02:54 PM

    Is this a ruse for someone to sell his land? Sure the land prices will be too hot to touch now!

    Sina Friday, 18 October 2019 04:54 PM

    Is it a deposit or find it someone keep it.


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