Core Insights - The gold exploration project in the Lunshan area of Jurong City, Jiangsu Province, is set to commence, with the Jiangsu Provincial Geology Bureau's Third Geological Brigade responsible for the mineral drilling services [2] - Jiangsu Provincial Geotechnical Engineering Survey and Design Institute Co., Ltd. has won the bid for the project, with a contract amount of 4,545,000 yuan [2] - Historical geological work in the 1980s indicated the potential for gold deposits in the Lunshan area, leading to further exploration efforts [2] - The project is part of a broader national strategy to enhance mineral exploration, with the goal of confirming the Lunshan area as a medium-sized gold mining site with reserves exceeding 5 tons [2] - Current geological assessments indicate that the gold deposits are located hundreds of meters underground, with surface materials showing no gold content [2] Industry Context - The process from mineral discovery to extraction involves several stages, including preliminary surveys, detailed investigations, exploration, feasibility studies, and approvals, indicating a lengthy and rigorous procedure [3] - The primary focus for the Lunshan gold mine at this stage is to deepen geological exploration to better understand the mineral deposits and enhance resource estimation, with mining plans not yet in place [3]