The Recent Discovery of The Largest Gold Deposit on Earth
China is claiming the discovery of the largest gold deposit ever found, buried deep beneath the Wangu goldfields in Hunan Province. Described in headlines as a “supergiant” gold discovery, the deposit is being promoted with extraordinary figures despite still being in an early exploration phase. This article breaks down the real geology behind the Wangu goldfield, explaining how ancient subduction processes created deep orogenic gold systems similar to Victoria’s goldfields, why the gold itself is geologically young, and how surface workings failed to reveal the true scale of mineralisation. We explore what deep drilling up to two kilometres actually means for mining costs, why much of the gold is refractory and locked in sulfides, and why calling this the largest gold discovery in the world at this stage is scientifically irresponsible. This is a grounded, geology-driven look at hype versus reality in modern gold exploration.











