Business Areas / Gold

Overview

The Baldota Group has extended its operations into investigation of gold by acquiring a Reconnaissance Permit (RP) in the year 2001 over a region of 1233.05 sq km in the Gadag District of Karnataka. Gadag has considerable assets of gold and has the potential for forming into world class mines. The zone is worked widely by people for years and after that few organisations/offices have worked in the territory for gold for a considerable length of time. A century back, about 15 British organisations have worked in the region from 1902 to 1911, creating 13 separate mines and later ceased for different reasons.