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Title: Prospector strikes ... 5.5kg gold (( 12 lb )) nugget --- in Ballarat, Victoria - S Australi
Source: heraldsun.com
URL Source: http://www.heraldsun.com.au/news/vi ... a/story-e6frf7kx-1226555879738
Published: Jan 18, 2013
Author: Jessica Evans
Post Date: 2013-01-17 17:46:43 by BorisY
Keywords: eureka, eureka, eureka
Views: 1813
Comments: 2

Prospector strikes 5.5kg gold nugget in Ballarat, Victoria

Jessica Evans

Herald Sun

January 18, 2013

Ballarat gold dealer Cordell Kent with the 5.5kg gold nugget. Picture: David Caird Source: Herald Sun

A 5.5kg gold nugget was found 60cm underground in bush near Ballarat. Picture: Cordell Kent from The Mining Exchange Gold Shop, Ballarat, Victoria Source: Supplied

A WHOPPING 5.5kg gold nugget worth up to $300,000 has been found in bush near Ballarat.

The "incredibly rare" nugget was found 60cm underground by a prospector, who wishes to remain anonymous, on Wednesday.

Ballarat Mining Exchange Gold Shop owner and dealer Cordell Kent said the prospector heard a faint noise on his detector and removed a dense pile of leaf mulch before he started digging.

"He thought he had detected the bonnet of a car when he saw a glint of gold," Mr Kent said.

"He cleaned the top of it and the gold kept expanding and expanding ... he saw more and more gold ... he couldn’t believe what he was seeing."

The nugget is worth about $282,000 in weight, but has an added premium because it is rare to find one over a kilogram, Mr Kent said.

Our top gold nuggets

"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.

"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."

MoreSee some of Australia's top gold nuggets

The nugget was found with a state of the art metal detector called a Minelab GPX-5000, marketed as the best in the world, which Mr Kent said made the find possible.

"There has been many prospectors that have walked past the exact place where the nugget was found and have missed it with an ordinary detector and did not have the technology to find it…that’s why this guy found it.

"This detector he used is the best there is, it goes deeper and further into the ground, better than others."

Mr Kent said the find was unique with the nugget measuring at its longest 220mm, 140mm wide and 45mm at its deepest point.

He said the find would increase the enthusiasm of existing and new prospectors to Ballarat and the central Victorian goldfields.

Mr Kent said the prospector's new fortune would be well spent.

“He’s a person that really deserves it.

“He rushed to tell his wife when he found it and she didn’t believe him at first. He is going to pay off a lot of bills and pay off his house - it’s a real life changer.

“We’ve got 800 local prospectors on our records. I cannot remember the last time we saw a nugget of this size.”

Jessica.evans@news.com.au


Poster Comment:

wow (1 image)

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#1. To: BorisY (#0) (Edited)

It looks like Roadrunner, kinda.



"We (government) need to do a lot less, a lot sooner" ~Ron Paul

Hondo68  posted on  2013-01-17   18:17:38 ET  (2 images) Reply   Trace   Private Reply  


#2. To: hondo68 (#1) (Edited)

Not quite as big as the multiple fifty to over one hundred pounders found in Sierra County and other parts of California. They actually found a large one encased in quartz matrix not too many years ago literally on the side of the highway. Some speculated it was put there by CalTrans.

Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET

mininggold  posted on  2013-01-18   13:59:39 ET  Reply   Trace   Private Reply  


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