Australian Amateur Prospector Finds Massive Gold Nugget

Australian Amateur Prospector Finds Massive Gold Nugget

Australian Amateur Prospector Finds Massive Gold Nugget

An amateur prospector in the Australian state of Victoria has astonished experts by unearthing a gold nugget weighing 5.5kg.

The unidentified man, using a handheld metal detector, found the nugget on Wednesday, lying 60cm underground near the town of Ballarat.

Its value has been estimated at more than A$300,000 ($315,000: £197,000).

Local gold experts say gold has been prospected in the area for decades, but no such discovery had been made before.

"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 Cordell Kent, owner of the Ballarat Mining Exchange Gold Shop.

"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."

Cordell Kent Ballarat Mining Exchange Gold Shop A video of the Y-shaped nugget was posted on YouTube on Wednesday by user TroyAurum.

He wrote that the man who found it had said it "sounded like the bonnet of a car through the headphones.

"It was lying flat (broad side up) and he carefully dug it up."

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