‘Mountain’ of 22 million tonnes of gold found in Iran? Know the whole truth about this viral news that will blow America’s senses.

Nowadays a news is spreading like wildfire on social media and WhatsApp – “A treasure of 22 million tonnes of pure gold has been found under the ground in Iran! Now Iran’s poverty will go away and America will be shocked!”

As exciting as this news sounds, it is equally confusing. So has Iran really found the ‘golden bird’? Let us get to the bottom of the truth of this whole matter and know how much black is there in dal.

So what has been found in Iran?

Iranian officials have admitted that a huge deposit of gold has been found in a mine named Shidan in the country, but it is not ‘pure gold’ but ‘gold ore’.

What is the difference between ‘gold ore’ and ‘pure gold’?

Understand it in very simple language.

• Ore: This is a raw rock or stone in which a very small amount of gold is mixed. Imagine, only a few grams of gold comes out of one ton (1000 kg) of stone.
• Pure Gold: After passing this ore through big machines and difficult chemical processes, the real gold that is obtained is called ‘pure gold’.

So Iran has got that ‘raw rock’ worth 22 million tonnes, and not bricks of ‘pure gold’.

So is this discovery of no use?

No, it’s not like that at all! This discovery is very important for Iran. This is like a ‘lottery’ for Iran, which is struggling with international sanctions, from which it can benefit a lot in the future.

But, there are some buts:

1. Money, Technology and Time: It will take a lot of money, modern technology and many years to extract gold from this raw rock. This is not ‘Aladdin’s lamp’, which will yield gold as soon as it is rubbed.
2. How much gold will be extracted is not yet certain: No one knows yet how much pure gold will actually be extracted from that 22 million tons of rock. It may be too little.

Have America and Arab countries really ‘lost their senses’?

This thing is completely based on fabrication and speculation. Although this is a major discovery, it is not going to have any ‘immediate’ and ‘dramatic’ impact on the world gold market or politics.

So what is the truth of the news?

The truth is that Iran has found a potential ‘treasure’, but it will take a lot of time, money and effort to dig it up, clean it up and turn it into real gold.

Therefore, the next time you come across such a sensational news, do check its authenticity.