Australian man finds gold nugget worth KES 8.7 million
10 March 2015, 08:24
Sydney - A prospector in Australia found a gold nugget weighing 2.7kgs, and worth a whopping KES 8,789,000, a Melbourne-based newspaper reported Tuesday.
Mick Brown was scanning an area in Wedderburn, Victoria with a metal detector when he made the find several weeks ago, The Age said.
He dubbed it "Fair Dinkum." The nugget is estimated to be worth 135,000 Australian dollars (approximately US$103 400).
Brown told the newspaper he thought he was facing a "big molten blob of copper" when his metal detector went off.
But a few centimetres below the surface parts of the nugget were visible.
"I thought bugger me, it is, it's bloody gold," Brown was quoted as saying in the report.
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He said hoped to sell the nugget to a private collector, pay off his debt and spend money on his wife and children.
Wedderburn is located in Victoria's the so-called golden triangle, the centre of a gold rush in the mid-1800s.
The area is popular with amateur prospectors and several have found large nuggets.
In 1981, a man found a nugget weighing a record 8kgs at Wedderburn.
The nugget dubbed the Pride of Australia was stolen from a Melbourne museum a decade later and never recovered.