A fortunate gold hunter struck it rich when he unearthed a valuable gold nugget worth $4,000 buried just two feet under the ground. The prospector, going by the name Bill M, discovered the 50g nugget in the Ballarat region of south-west Victoria. The exact spot where he found this treasure remains undisclosed. Bill M proudly shared a picture of his incredible find on the Australian Facebook group Detecting Downunder, showcasing the beautiful 50 gram nugget he unearthed on private property in Ballarat.
Bill M, a well-known prospector, discovered a 50g nugget on a privately owned piece of land in the Ballarat area of south-west Victoria. This nugget was found close to a main gold reef, hinting that Bill may have stumbled upon something truly special buried about two feet (60cm) below the surface. A gold reef is a location where a significant amount of gold is buried underground within the rock formation.
The news of Bill’s find sparked excitement among the community of treasure hunters, with many curious to know the value of a nugget of this size. One user inquired about its worth, to which the group administrator replied that, based on the current price of gold at $82 per gram, the nugget is valued at around $4,000. A nice little payday indeed!
One user humorously commented, “Darn, I thought I had buried deep enough!” while another simply marveled at the incredible find, saying, “Wow, what an incredible discovery.”
A year after a miner discovered a two-kilogram nugget in the Ballarat region, another big nugget has been unearthed. Mark Day, who supplies prospecting gear in Gold Ballarat, described it as the largest nugget he has heard of in decades. He was surprised by the size when the regular customer who found it brought it into his store, shaking with excitement. Reportedly, buyers offered $160,000 for the nugget. This recent find adds to Australia’s history of significant gold discoveries, such as the famous Welcome Stranger nugget found on 5 February 1869.
The Welcome Stranger nugget, proudly showcased at the Gold Museum in Ballarat, holds the title of Australia’s largest nugget ever discovered. Found by John Deason and Richard Oates in the charming town of Moliagul, Victoria, this impressive nugget tipped the scales at 72kgs and measured 60cms in length. The discovery brought in a hefty sum of £9,381 for the lucky prospectors.
Fast forward to 9 June 1858, The Welcome nugget made its grand entrance when a group of 22 miners unearthed it at the Red Hill Mining Company site in Bakery Hill, Ballarat. This nugget measured 53cms in length and weighed a hefty 68.2kgs. It fetched an impressive £10,500 in a sale and eventually made its way to the Crystal Palace in London before finding its permanent home at the Royal Mint in 1859.
On September 26, 1980, the Hand of Faith nugget was discovered by Kevin Hillier using a metal detector. This impressive find, the largest of its kind in the world, was found just 30cm below the surface in Kingower, a quaint town in the Shire of Loddon, Victoria. The nugget, weighing 27.2kg and measuring 45cm in length, was later sold to the Golden Nugget casino in Las Vegas, where it remains on display today.
In 1995, the Normandy Nugget was discovered in a creek near Kalgoorlie, Western Australia. Weighing 25.5kg and measuring 27cm in length, it is the second largest gold nugget in existence. The Newmont Mining Corporation now owns this impressive specimen, which can be viewed at the Perth Mint museum.
On December 18, 1906, a massive gold nugget known as The Poseidon was found in the town of Tarnagulla, Victoria. Weighing 29.6kg, it was named after the Melbourne Cup racehorse that won that year. The discovery led to the area being dubbed Poseidon Lead due to the numerous other gold nuggets found there.
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