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EE_
17th January 2013, 11:53 AM
Amateur prospector finds massive gold nugget in Australia
Published January 17, 2013
FoxNews.com

http://www.weeklytimesnow.com.au/images/uploadedfiles/editorial/pictures/2013/01/17/gold1.jpg
http://i.dailymail.co.uk/i/pix/2013/01/17/article-2263873-16FDE624000005DC-582_634x327.jpg

An amateur prospector is looking to cash in after uncovering a massive gold nugget in Australia, estimated to be worth more than $300,000.

The golden discovery was made at a prospecting area outside Ballarat in the country’s Southeast area, and weighs 177 ounces, ABC News reports.

The prospector, who wished to remain anonymous, found the nugget with a metal detector and has turned to a gold shop owner for help in finding a buyer.

Cordell Kent, who owns The Mining Exchange Gold Shop in Ballarat, told ABC News that out of 800 prospectors on his books, only a few have ever found a nugget that weighs more than 100 ounces.



Read more: http://www.foxnews.com/world/2013/01/17/amateur-prospector-finds-massive-gold-nugget-in-australia/#ixzz2IGQdigis

mamboni
17th January 2013, 12:40 PM
Krickey!!!!

collector
17th January 2013, 12:49 PM
The Australian IRS is very happy as well especially since he's gone public with his new find

Dogman
17th January 2013, 12:50 PM
Now that is the stuff of dreams! {0}

The nugget of course!

EE_
17th January 2013, 12:57 PM
Someone will put a gps tracking device on his vehicles to see where he goes to mine for more.

I wouldn't go public until I was sure there was no more to be found...may take years.

Meteor gold?

willie pete
17th January 2013, 02:17 PM
shrimp on the barbie for everyone

Serpo
17th January 2013, 02:21 PM
Yes the stuff is just lying around here just waiting to be picked up............

Glass
17th January 2013, 02:53 PM
Quite a different looking form to the nuggets found around the western parts. Perhaps the soil is more loamy there than the sand we have here. It looks very solid and smooth like it was cast.

Lasseters reef is still out there somewhere..... waiting for someone to rediscover it.

chad
17th January 2013, 02:55 PM
if i lived in au every weekend would be spent out there. you guys have the opportunity.

BrewTech
17th January 2013, 03:19 PM
The Golden Yam!

Glass
17th January 2013, 03:53 PM
Maybe if I lived around ballarat I might. It's a long drive to gold land here in WA. The gold fields are a good 7 - 8 hours drive. Tough country out there and it's been picked over extensively. Lots of abandoned mines out there.

When I was a kid we did a bit of opal hunting out neer Coolgardie. The land was littered with small tailings mounds from Gold rush days. You had to watch out for shafts because sometimes you couldn't see them for overgrowth and bush litter, especially if you was short like me. I remember this one time, walking around and suddenly hearing this muffled noise of rocks falling, then the ground around me started cracking. I ran like the wind I can tell you.

Some of the best fossicking is in the Marble bar area. There are still a lot of good nuggets to find out there. Mostly < 1 ouncers. I have a friend who's pretty keen to get out there and have a look. He was prodding me just last week about going out there this year for a fossick. He's pretty keen on lasseters reef, having paid many many hundred of dollars for transcripts and such that were written about lasseters adventures. Now those adventures happened somewhere near the West Australian, South Australian, NT borders. That's extremely inhospitable country and I would not want to end up going there instead. I think you would need a bit of a expedition convoy to go out there and get back safely. I don't think 2 people would make it.

Jersey Thursday
17th January 2013, 05:03 PM
Is a nugget like that worth more whole than the sum of the gold?

In other words, if he sold hunks of it to refiners (quietly, without his picture plastered up for every tax collector to see) would he have been better off?

madfranks
17th January 2013, 05:06 PM
Is a nugget like that worth more whole than the sum of the gold?

In other words, if he sold hunks of it to refiners (quietly, without his picture plastered up for every tax collector to see) would he have been better off?

Good question. There's no doubt about the rarity of a solid gold nugget weighing 177 oz. I bet there are enough interested millionaires out there who would want it like that, instead of bullion form.

BTW, it's my dream to find something like that.

osoab
17th January 2013, 06:14 PM
That's not a nugget. This is a nugget.

http://www.goldnuggetsales.com/images/MGN.jpg


"Beyers & Holtermann Specimen" - Worlds Largest Single Mass of Gold. 630 Pounds of Gold in Matrix, containing an estimated 3,000 Troy Ounces of Gold

gunDriller
17th January 2013, 06:19 PM
if i lived in au every weekend would be spent out there. you guys have the opportunity.

if i was a kangaroo i'd be stuffing my pouch with gold nuggets.