SCCL to explore gold, copper deposits in Karnataka, signs agreement

SCCL, the Singareni Collieries Company Limited, is set to explore gold and copper deposits in Karnataka's Devadurga Block, spanning Raichur and Yadgir districts, through a new agreement with the Karnataka Department of Mines & Geology (DMG). The exploration licence for the 199.13 sq.km block was secured through the Government of India’s mineral auction process.

The agreement, signed in Bengaluru on Thursday, will see SCCL complete the exploration of the block within a five-year period. SCCL's Director of Projects & Planning, K. Venkateshwarlu, highlighted that this marks the first time the company is undertaking such a scale of mineral exploration outside Telangana, leveraging its extensive expertise in geological surveys and mineral exploration.

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