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New gold deposit discovered in Russian Siberia

(Xinhua)

18:42, February 21, 2013

VLADIVOSTOK, Feb. 21 (Xinhua) -- A new gold deposit has been discovered Russia's Siberian republic of Yakutia, the RIA Novosti news agency reported Thursday.

The Gora Rudnaya deposit in the republic's Aldan District may hold about 200 metric tons of gold, according to experts cited by the news agency.

The deposit has already been registered with the Federal Agency for Subsoil Usage. It will be auctioned shortly after its value is determined.

The Republic of Yakutia, a vast Siberian land of taiga and permafrost, is known for its vast gold and diamond reserves.

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