Economic Potentiality of New Gold Mineralisation in South Kolar Schist Belt

Auriferous zones are confined to ductile shear zones in the mafic unit (metabasalt/metagabbro) as well as in the felsic unit ('Champion gneiss'). The occurrence of significant gold mineralisation in the' Champion gneiss' comprising quartzo-feldspathic schist is being reported for the first time.

Low grade (about 4 grammes per tonne) gold reserve of the order of 4.7 million tonnes under all categories (probable+possible) in the new prospect has been established.