Quirky News

  • 18 January 2013, 11:20

Amateur treasure hunter finds huge nugget

An amateur prospector hit the jackpot in Australia after unearthing a rare 5kg gold nugget worth an estimated 130,000.

The unidentified man was searching a popular site in the town of Ballarat with a hand-held metal detector when he struck gold.

It is thought to be one the biggest finds in the area for more than two decades.

The prospector, who does not wish to be named, found the Y-shaped deposit at a depth of a little over 60cm before he carefully dug it up.

"A lot of people think Victoria's goldfields are dead and that there's none left, but he has worked in an area where a lot of people have worked in the past and he's been rewarded," explained the town's gold shop owner Cordell Kent.

"We have 800 prospectors on our books and only a couple of those have ever found a nugget over 100oz.

"There have only been one or two big pieces and they were found a long time ago. There's nothing like digging up money, it's good fun."

Ballarat was a key site in Australia's gold rush in the mid-1800s, helping transform the country's economy.

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