National Resources Limited (NRL) has announced the discovery of gold and copper deposits in the Chagai district of Balochistan.
The message was made by NRL chairman and Lucky Cement CEO Muhammad Ali Tabba under Pakistan Minerals Investment Forum 2025 in the presence of Prime Minister Shehbaz Sharif and Army Chief Asim Munir.
NRL is a 100% privately owned Pakistani company, a subsidiary of Fatima fertilizer, Liberty Mills and Lucky Cement. It received its investigative license in October 2023.
According to Tabba, investigation across the license area led 500 square kilometers to the identification of 16 potential mineral sites in the last 18 months. Advanced drilling has begun at the Tang Kore location.
So far, NRL has completed 13 diamond drill holes covering 3,517 meters, all showing signs of mineralization. Results from the first six boreholes confirmed strong mineral zones near the surface.
The original samples revealed copper content between 0.23% and 0.48%, gold in the range from 0.09 to 0.14 grams per year. Ton and silver between 1.3 and 6.21 grams per Ton – equivalent to combined copper values of 0.28% to 0.56%.
NRL plans to start advanced drilling in Tang Kore in May 2025, followed by a nine 43-101 technical report at the end of the year. This will be followed by 3-4 years of further investigative and feasibility studies.
In addition to Copper-Gold Exploration, NRL has secured a lead-zinc license next to an existing mine with a completed bankable opportunity survey. The company also conducts a metal value examination to assess the possibilities of treating downstream treatment.
NRL emphasized its commitment to the local community and supported clean water, education, healthcare and jobs. The company said that more than 90% of its workforce is locally employed.
NRL collaborates with the Balochistan government and Special Investment Facilitation Council (SIFC) to secure two additional investigative licenses, supported by a $ 100 million fund. It has also signed an appointment morandum with OGDC to work in newly leased areas.
