An unidentified amateur gold prospector made the find of a lifetime in Ballarat, Australia, when his trusty metal detector discovered an enormous nugget of gold 60 centimeters below the surface. Evaluated at the Ballarat Mining Exchange Gold Shop, the nugget weighed 12 pounds and is estimated to be worth more than $300,000. While the prospector votes to keep his identity anonymous, Ballarat Exchange owner Cordell Kent spoke with reporters on the find. According to Kent, the gold nugget was discovered 20 miles from downtown Ballarat thanks to the prospector's advanced Minelab GPX-5000 metal detector.
Friday, January 18, 2013
12 Pound Gold Nugget Valued $300000 Discovered In Australia
12-Pound Gold Nugget Found In Ballarat, Australia, Could Be Worth More Than $500,000 ,There's gold in them thar Ballarat, Australia. Really big gold. A 12-pound gold nugget, worth perhaps $500,000, was dug up Wednesday by a prospector using a $6,000 metal detector, local news site the Courier reported. A good investment, we'd say. The identity of the prospector and exact location of the find remain secret, but the Courier wrote that the man took the mega-nugget to the Ballarat Mining Exchange Gold Shop to confirm his incredible fortune. Shop owner Cordell Kent said the nugget was unearthed nearly two feet below the land surface. Melted down, the "nugget" would be worth about $300,000, but its rarity multiplies its value, Kent said.
12-pound Gold Nugget found in Australia
An Australian man has found a 12-pound gold nugget in a town known for a gold rush in the 1850s.
The prospector, whose name is not being revealed for privacy reasons, discovered his find in an area of Austrailia known as the "Golden Triangle," near the town of Ballarat, Reuters reported.An unidentified amateur gold prospector made the find of a lifetime in Ballarat, Australia, when his trusty metal detector discovered an enormous nugget of gold 60 centimeters below the surface. Evaluated at the Ballarat Mining Exchange Gold Shop, the nugget weighed 12 pounds and is estimated to be worth more than $300,000. While the prospector votes to keep his identity anonymous, Ballarat Exchange owner Cordell Kent spoke with reporters on the find. According to Kent, the gold nugget was discovered 20 miles from downtown Ballarat thanks to the prospector's advanced Minelab GPX-5000 metal detector.
The prospector, whose name is not being revealed for privacy reasons, discovered his find in an area of Austrailia known as the "Golden Triangle," near the town of Ballarat, Reuters reported.An unidentified amateur gold prospector made the find of a lifetime in Ballarat, Australia, when his trusty metal detector discovered an enormous nugget of gold 60 centimeters below the surface. Evaluated at the Ballarat Mining Exchange Gold Shop, the nugget weighed 12 pounds and is estimated to be worth more than $300,000. While the prospector votes to keep his identity anonymous, Ballarat Exchange owner Cordell Kent spoke with reporters on the find. According to Kent, the gold nugget was discovered 20 miles from downtown Ballarat thanks to the prospector's advanced Minelab GPX-5000 metal detector.
The identity of the prospector and exact location of the find remain secret, but the Courier wrote that the man took the mega-nugget to the Ballarat Mining Exchange Gold Shop to confirm his incredible fortune. Shop owner Cordell Kent said the nugget was unearthed nearly two feet below the land surface. Melted down, the "nugget" would be worth about $300,000, but its rarity multiplies its value, Kent said
$300,000 Gold Nugget Found in Australia
Hi, I'm trying to decide between getting a Pulse detector and a Gold Bug II (Also there is the new "Gold Bug Pro" I think it's called - is that better than the "Gold Bug II"? - They are still available on eBay). I like gold detecting but not sure exactly where - in the water or on the ground - I don't mind digging
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What are the advantages of buying M70 Silver Eagle coins over normal Silver Eagle coins..? Discover how to start your own online coin shop and start receiving FREE M70 Silver Coins through your mailbox each month.
Silver Buy the Asset, Not the Story
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MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Robert Kiyosaki :Learning to use DEBT wisely is the key to Wealth
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Robert Kiyosaki : I use Debt to buy Assets
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Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
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