Amateur prospector unearths 1.2kg gold nugget in NSW outback

Summarised from 2 outlets · Updated 27 Oct, 03:50 · Archive

An amateur prospector near Tibooburra in NSW has found a 1.2kg gold nugget worth up to $200,000.

An anonymous amateur prospector has discovered a 1.2kg gold nugget near Tibooburra in the remote north-west corner of New South Wales. The nugget, named Tibooburra Spud, was found at Mt Stuart Station after the prospector had been digging for several days when his metal detector picked up a faint signal.

The nugget is flecked with quartz and contains about 940g of pure gold. At current spot prices, the discovery is worth between $150,000 and $160,000, though the prospector believes a collector could pay as much as $200,000 for the extraordinary specimen.

The prospector nearly missed the find. He revealed that the metal detector signal was faint for the size of the piece, and he had almost walked straight past it, initially fearing it might be nothing more than 'a painted rock'. Once he dug down to about 100mm, he said, 'the machine was squealing'. The prospector captured the moment of discovery on video, documenting the excavation from the first scrapes of dirt to lifting the hefty prize into view.

How it is being reported

• Amateur prospector finds 1.2kg gold nugget worth up to $200,000 near Tibooburra in NSWIncredibly, the lucky prospector almost missed unearthing the nugget — then feared it was ‘a painted rock’. WATCH THE VIDEOThe West Australian · 27 Oct, 03:15
• Amateur prospector finds 1.2kg gold nugget worth up to $200,000 near Tibooburra in NSWIncredibly, the lucky prospector almost missed unearthing the nugget — then feared it was ‘a painted rock’. WATCH THE VIDEOPerth Now · 27 Oct, 03:14

In this story: Tibooburra · Mt Stuart Station · NSW

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