The mine is situated about 80 Kms, North of world class Hutti Gold Mine. The area was explored by GSI & HGML. HGML has got Mining Lease (ML No: 1305) for 55.75 Ha. Mining activity held at Mangalur Gold Mine by HGML between 12-02-1976 to 11-02-1996. MGM was closed on 26-04-1996 due to non-Viability and due to heavy (52,000 lts/ hr) seepage of water in the mine. Applied for the renewal of the mining lease and application is in process at the Govt. It is planned to explore the deposit by detailed exploration by exploratory mining and deep diamond drilling.