‘Once in a lifetime find’: Man finds rock containing 2.6kg of gold in Australia valued at US$160k

The amateur gold prospector, who did not want to be identified, discovered the 4.6kg rock in Victoria’s “Golden Triangle”. - SCREENGRAB FROM 9 NEWS AUSTRALIA/YOUTUBE

MELBOURNE (The Straits Times/Asia News Network): One man hit pay dirt when he found a rock containing 2.6kg of gold, valued at A$240,000 (US$160,000) in Australia.

The amateur gold prospector, who did not want to be identified according to local media, discovered the 4.6kg rock in Victoria’s “Golden Triangle”.

A gold prospector is someone who searches for gold.

The man was reportedly using a Minelab Equinox 800 metal detector, a budget model that retails for about A$1,200, when he made the discovery.

Victoria’s “Golden Triangle” is an area that stretches from Ballarat across to Bendigo and up to St Arnaud, and is known for gold discoveries dating back to the 1800s.

The man took the rock to gold trader Darren Kamp, a prospecting equipment retailer in Victoria, to have it valued.

Kamp, who has been in the gold industry for 43 years, said the rock is the “biggest gold specimen” he has seen.

“He said, ‘Do you think there’s A$10,000 worth?’ And as soon as it hit my hand, I said, ‘try A$100,000’,” Kamp told Australian TV news network 9News.

“And he said, ‘Oh wow, the wife’s going to be happy with that’.”

The man then told Kamp that he had actually only brought in half the rock, leaving the other half at home.

After valuing the rock, Kamp bought it.

“I was just gobsmacked... It’s a once in a lifetime find,” said Kamp in a BBC report.

The BBC said Australia is estimated to have the world’s largest gold reserves, with many of the world’s biggest nuggets found in the country.

In 1869, a 72kg gold nugget was found near Moliagul in Victoria. Today, such a nugget could reportedly fetch about A$6.8 million.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Australia , gold , prospector


Next In Aseanplus News

Asean News Headlines at 9pm on Saturday (June 10, 2023)
Myanmar to release over 100 million fish fingerlings for resources conservation
Asean food security reserve board discusses solutions to address food-related issues
Two wildlife poachers arrested, 34 macaques bound for Laos freed, police say
Brunei makes call for regional cooperation to tackle transboundary haze
Rare Chinese Buddha statue up for auction at Bonhams in Paris
Three witnesses give statements at PAC's LCS proceedings
32kg of heroin bound for Australia seized at Bangkok Port
Philippines ride-hailing firm Angkas criticised for ad that trivialises incest, rape
16-year-old Singapore boy charged with criminal intimidation after allegedly pointing knife at victim

Others Also Read