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Man finds massive gold nugget in Australia

Posted on Saturday, 19 January, 2013 | Comment icon 19 comments | News tip by: Still Waters


Image credit: Cordell Kent

 
An amateur prospector made the spectacular find using a metal detector and a lot of patience.

The nugget was found approximately 60cm underground near the town of Ballarat in Victoria, Australia. Weighing in at 5.5kg, the massive chunk of gold is valued at more than $300,000 and is the largest ever found by a prospector in the region. The unnamed man who discovered the nugget said that he'd been out with the detector and came across something that he initially believed to be a car bonnet until he dug it up.

"I have been a prospector and dealer for two decades, and cannot remember the last time a nugget over 100 ounces (2.8kg) has been found locally," said gold exchange shop owner Cordell Kent. "It's extremely significant as a mineral specimen. We are 162 years into a gold rush and Ballarat is still producing nuggets - it's unheard of."

"An amateur prospector in the Australian state of Victoria has astonished experts by unearthing a gold nugget weighing 5."

  View: Full article

 Source: BBC News


  Discuss: View comments (19)

   


 

Recent comments on this story
Comment icon #10 Posted by pallidin on 19 January, 2013, 16:44
Yeah, where there's one large nugget, there might be more. Wish I was there, to be honest. EDIT: Hey, I've never really prospected, except playing around, but does anyone know if such a large nugget is indicative of a thick vein of gold somewhere, say, within a mile or more. Or does that NOT infer that at all?
Comment icon #11 Posted by seeder on 19 January, 2013, 21:17
A fantastic find for a natural nugget, but think of the buried treasure you could be walking over all the time, in local fields and such places! "The Staffordshire Hoard" was found by a metal detector in a farmers field, and was worth 3.5 Million to the finders http://en.wikipedia.org/wiki/Staffordshire_Hoard and http://www.staffordshirehoard.org.uk/ And theres been quite a few other big ones in the UK too. So if you ever wanted a detector, just buy one now and get some exercise! Im searching ebay for one next! Some kid went detecting for the first time and probably wont need to work when he l... [More]
Comment icon #12 Posted by Lobotomy on 19 January, 2013, 23:46
I remember seeing an episode of the awesome Globe Trekker (formerly Lonely Planet) where some guy in Australia found one like three times the size of that one. They showed the cast of it in the show and I think it was called The Hand of Faith. I'm booking my plane ticket right now, so don't worry folks!
Comment icon #13 Posted by DKO on 20 January, 2013, 2:55
I remember seeing an episode of the awesome Globe Trekker (formerly Lonely Planet) where some guy in Australia found one like three times the size of that one. They showed the cast of it in the show and I think it was called The Hand of Faith. I'm booking my plane ticket right now, so don't worry folks! Three of the four largest nuggets have been found in Victoria, Australia. Plus the major gold rushes went on there. I might book a ticket too haha.
Comment icon #14 Posted by King Fluffs on 20 January, 2013, 12:24
I'd like to find something like that.
Comment icon #15 Posted by TheOtherSide1945 on 22 January, 2013, 7:05
surprised the critics arent on here saying its swamp gas.
Comment icon #16 Posted by Erudite Celt on 24 January, 2013, 6:35
@ pallidin' such a large nugget wont have come far from it's origonal source. I googled the area on google maps and a few things stand out.#1 its a very flat area. #2 it has few river sources but lots of small lakes and swamps. This is both good and bad, good because any gold carried to the area will remain in the area because it sits in a natural basin and cannot get washed away, bad because most of the gold will have settled in the bottom of the lakes and swamps "the very bottom". If I lived in the area I would be looking for traces of ancient water and river courses,the present drought in A... [More]
Comment icon #17 Posted by Erudite Celt on 24 January, 2013, 6:45
Jealous! Try Sultan in Snohomish County you might get lucky!!!
Comment icon #18 Posted by seeder on 24 January, 2013, 15:07
PS If you ever find naturally occurring gold in the UK don't tell any one and sell it because it is crown property and unlike treasure trove you will not get a penny from the government!!! Already had this idea firmly planned out if I ever do find a hoard! Even if its classed as Treasure you still need to wait till someone buys it before they pay you out, that may not be so quick in the current financial state of the UK either..
Comment icon #19 Posted by Mag357 on 26 January, 2013, 4:15
Great timing finding that nugget with the way gold prices are these days.


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