Unearthing Hidden Riches: Massive Gold Nugget Discovered in Secret Australian Location

 A gold prospector has found a gold nugget worth $4,000 buried two feet underground.

The prospector, known as Bill M, found the 50g nugget on a private property in the Ballarat area, south-west Victoria, last week. The exact location remains a secret.

He shared a photo of the nugget to Australian Facebook group Detecting Downunder.

‘Gold prospector “Bill M” found this gorgeous 50 gram nugget on private property in the Ballarat area,’ the post read.

  

The prospector, known as Bill M, found the 50g nugget (pictured) on a private property in the Ballarat area, south-west Victoria

This is straight from a main gold reef and Bill looks like he’s onto something special. It was found about two feet (60cm) down.’

A gold reef is where a large amount of gold is found encased underground in the rock it was formed in.

The community of treasure hunters weighed in on the find.

Just wondering what a nugget of that size is worth? one user asked.

The group administrator answered: ‘At the current gold price of $82 per gram, it’s worth around $4k. Not a bad pay day.’

‘Damn it I thought I buried deep enough!’ another user joked.

‘Wow what a find,’ someone else said.

It comes a year after a prospector found a two-kilogram nugget (pictured) – also in the Ballarat region 

It comes a year after a prospector found a two-kilogram nugget – also in the Ballarat region.

Mark Day, a prospecting gear supplier from Gold Ballarat, said it was the biggest nugget he’d heard of in decades.

‘I’ve been in this business for 25 years and this is the biggest find we have seen by one of our customers – that they’ve told me about anyway,’ he said.

Mr Day said he was shocked to hear of the size of the nugget, insisting the man, who was a regular customer of his, bring it in for him to see.

‘When he showed me the nugget here in the store he was shaking like a leaf. He didn’t know what to do with it. He hadn’t slept in three days.’

Buyers reportedly offered the man $160,000 for the nugget.

Australia’s Biggest Gold Finds

5 February 1869 – The Welcome Stranger 

The Welcome Home nugget on display in Ballarat’s Gold Museum 

The Welcome Stranger nugget is Australia’s biggest ever found. Discovered by prospectors John Deason and Richard Oates in the small town of Moliagul in Victoria, the nugget weighed a staggering 72kgs and 60cms in length. The find earned them £9,381 at the time.

9 June 1858 – The Welcome 

 The Welcome was discovered by a group of 22 miners at the Red Hill Mining Company site in Bakery Hill, Ballarat. The nugget spanned 53cms in length and weighed 68.2kgs. It was sold for £10,500 and ended up in the Crystal Palace in London before being sold to the Royal Mint in 1859.

26 September 1980 – The Hand of Faith 

This nugget is the largest in the world to be found by a metal detector. It was found by Kevin Hillier resting vertically just 30cm below the surface in Kingower, a small town in the Shire of Loddon, Victoria. It was eventually sold to the Golden Nugget casino in Las Vegas- where it is still on display to this day. It weighs 27.2kg and is 45cm in length.

1995- Normandy Nugget 

The nugget is the second largest gold nugget still in existence and was discovered in a creek bed near Kalgoorlie in Western Australia. It weighs 25.5kg and is 27cm in length. It’s now owned by the Newmont Mining Corporation is still currently on display at the Perth Mint museum.

18 December 1906  – The Poseidon

Named after the winning Melbourne Cup racehorse that year, the nugget was discovered in the gold mining town of Tarnagulla in Victoria and weighed 29.6kg. The area which The Poseidon went onto become known as Poseidon Lead after many more gold nuggets were discovered there.

Souce: https://www.dailymail.co.uk/

Related Posts

Aquí tienes más de 51 inspiraciones sinceras de manicura para tus próximas vacaciones

Los diseños de uñas en forma de corazón son verdaderamente versátiles y pueden adaptarse a diversos estados de ánimo, ocasiones y personalidades. Ya sea que estés celebrando el amor, te sientas particularmente romántico o simplemente …

Read more

“Zul, the Destroyer”: Unleashing Terror with Its Terrifying Tail Weapon

In the world of paleontology, there are remarkable discoveries that captivate the imagination and shed light on the іпсгedіЬɩe diversity of prehistoric creatures. One such discovery is the fossil of Zul, a dinosaur whose “destroyer’s legs” and a foгmіdаЬɩe …

Read more

Dunkleosteus: The Fossil of a Prehistoric Sea Lord

In the annals of prehistory, a сoɩoѕѕаɩ and bloodthirsty ргedаtoг reigned supreme beneath the waves — the Dunkleosteus, a sea lord whose fossilized remnants now command awe and fascination. Dwarfing even the foгmіdаЬɩe Megalodon and earning a reputation …

Read more

Rediscovering Florida’s Prehistoric Ocean Apex Predator

Scientists have recently ᴜпeагtһed a remarkable fossil of an ancient ɡіɡапtіс turtle that thrived in eагtһ’s oceans approximately 228 million years ago. Dubbed Eorhynchochelys sinensi, meaning first turtle with a beak, this extгаoгdіпагу creature was …

Read more

Exploring the Enigmatic Mysteries of a Remarkable 200-Million-Year-Old Dinosaur Fossil Discovery

In a ɡгoᴜпdЬгeаkіпɡ archaeological expedition, a team of paleontologists has recently ᴜпeагtһed a fossil dating back 200 million years, shedding light on a previously unknown ѕрeсіeѕ of dinosaur and unveiling a treasure trove of insights into the mуѕteгіeѕ …

Read more

Remarkable Discovery: Dinosaur Nest with Over 100 Eggs Found Near Mysterious Ancient Pathway

In a ɡгoᴜпdЬгeаkіпɡ archaeological discovery, a fossilized nest has ᴜпeагtһed a captivating chapter in prehistoric history, shedding light on a herd of ancient dinosaurs. The site, a treasure trove for paleontologists, reveals more than 100 well-preserved …

Read more

Leave a Reply

Your email address will not be published. Required fields are marked *