Gold Mining Tips

In March 2023, an amateur gold prospector found large gold nuggets while searching with a low budget metal detector.  The 'once-in-a-life-time' find was made in the Victoria's 'Golden Triangle' in Australia. The nugget, which weighed 4.6kg of rock and gold, and contained 2.6kg of gold, would be worth around $224,395 with current gold prices.  It is no surprise that a large gold nugget was found in this location as it was a popular goldfield during the 1850s gold rush in the country, and has produced many large gold nugget finds.  What was surprising, however, is that the gold nugget was found using a basic metal detector. The Metal Detector Used  The unique feature about this find is that the amateur gold prospector was only using a cheap, low budget metal detector known as the Minelab Equinox 800   Getting the Nuggets Valued The man, who did not want to give his name, took the nugget to a local gold mining store to have the nugget valued.  The store owne...

    Facebook   YouTube   Share   Blog   Linktree    by Goldminingtips Admin What is a gold nugget? A gold nugget is a naturally occurring piece of native gold. They are formed deep underground at high temperatures and are brought to the surface through weathering and erosion.  Nuggets are often found in placers, which are deposits of sand and gravel where gold has been concentrated by the action of water. What is the largest gold nugget ever found? The largest gold nugget ever found is the Welcome Stranger, which was discovered in Moliagul, Victoria, Australia in 1869.  It weighed over 2,520 troy ounces (78 kg; 173 lb) and yielded over 2,284 troy ounces (71.0 kg; 156.6 lb) of pure gold. Unfortunately, like many large nuggets, it was melted down. What is the largest surviving gold nugget? The largest surviving gold nugget is the Canaã nugget, also known as the Pepita Canaã.  It was found in the Serra Pelada Mine in Brazil in 1983 and...