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 9,800 feet below the surface. The find also shows promise as that of a high-quality producer of gold.

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

Hunan Gold Corp. have surged by their 10% limit for two days in a row after a sizable gold resource was discovered in central China’s Hunan province.

China has discovered what is being called the world's largest gold deposit, valued at $83 billion, located 12 miles underground in Pingjiang County, according to state media.

China finds world’s largest gold deposit worth over £63 billion - Wangu goldfield deposit in Hunan province could yield over 1,000 tonnes of precious metal