12-Pound Gold Nugget

January 18, 2013 by  

12-Pound Gold Nugget, A prospector made an extraordinary discovery yesterday, when he found an “incredibly rare” 12-pound (5.5-kilogram) gold nugget under only 23 inches of dirt. The total price for such a happy unearthing: a whopping $300,000. And he found it in a place where hundreds searched before, all thanks to state-of-the-art technology.

And it could be even more than that. At current market prices, 12 pounds of gold will get you 298,697 US dollars but, apparently it can reach a higher price because it’s such a weird discovery. Geologists are impressed by the finding, which looks like howling jackal to me.

The anonymous prospector discovered the nugget in a field near the city of Ballarat, located on the Great Dividing Range in the state of Victoria, Australia, by the Yarrowee River. It’s 8.66 inches (22 centimeters) on its longest side.

Cordell Kent, the owner of the Ballarat Mining Exchange Gold Shop, told the courier mail that the prospector was shocked by the discovery, just as much as himself: “He thought he had detected the bonnet of a car when he saw a glint of gold. He cleaned the top of it and the gold kept expanding and expanding… he saw more and more gold… he couldn’t believe what he was seeing

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