Geologists of which country recently discovered huge deposits of gold?

Answer 1

It is in Canada. following are the details:
Officials at Rubicon Minerals Corp. are optimistic recent findings of high-grade gold deposits on their McFinley Gold project in Red Lake could potentially lead to the development of a mine within the next five years.Red Lake is in northwestern Ontario, approximately 200 kilometres from the Ontario/Manitoba border. Placer Dome and Goldcorp both operate mines in the Red Lake area and it has been an active gold mining area since 1926.
VR

Answer 2

The news item as per site http://www.nob.on.ca/industry/mining/224426-03-Rubicon.asp
is of 2003.

Here is news clipping of 6th April,2004 from site :
http://www.gold.org/discover/news/article/232/
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Russian geologists make a golden discovery
06 April, 2004
Geologists in Russia have discovered huge deposits of around 1,000 tonnes in gold in an area prone to earthquakes.

Anatoly Zaitsev, Altai's top geologist commented on the discovery in Altai and claimed that undiscovered reserves could in fact be five times higher, according to the St Petersburg Times.

Russia has been cited as one of the greatest unexplored gold regions and reportedly undiscovered reserves of various precious metals in northern Altai could be around 60 million tons.

In addition Sukhoi Log, the second largest undeveloped gold deposit in the world could have around 1,029 tonnes of gold.

Exploration has already begun to uncover more gold reserves and Russia is now at the centre of attention of the big mining companies across the world.