Australian Prospector Unearths 8-Pound Gold Nugget- Worth Nearly $200,000!

Found with a Metal Detector, the Gold Nugget above has Been Dubbed "Friday's Joy"

Found with a Metal Detector, the Gold Nugget above has Been Dubbed “Friday’s Joy”

Another extremely large gold nugget  has been discovered with a metal detector! Just recently (August, 2016), a detecting hobbyist was hunting a field in Central Victoria, Australia, when his detector went crazy. He thought it was just a horseshoe, but decided to dig it up anyway. To his amazement, the detectorist (who wishes to remain anonymous) saw something huge shimmering below him! “As I scraped away the clay and dug deeper, I couldn’t believe my eyes. This wasn’t an old piece of steel. I had just unearthed a colossal gold nugget – a once in a lifetime find! I didn’t think nuggets of this size were still around.” The 8-pound nugget was found 12 inches deep, and has been estimated upwards of $190,000.

Is this a “Mini Gold Rush?”

Interestingly, the man says this field is a worked-over area, but he found a 9-ounce nugget the day before. That’s why he returned to the area in hopes of finding more. The prospector will also be sharing the nugget’s proceeds with his hobbyist friends. He explained that they all previously agreed that they would split any royalties if treasure was ever found. This gold nugget find is creating a worldwide craze, according to Australian news reports. Rita Bentley, from the Prospectors and Miners Association, said she believes there will be a mini gold rush in Australia. Says Bentley, “I would imagine there will be some new people who thought, ‘I’ve always wanted to try that,’ and this will be what pushes them over the edge. Buy a detector and a miner’s right and get out there!” It’s incredible to know that there are nuggets of gold out there this size these days. In fact, a huge gold nugget was found in Northern California not too long ago. If you’ve always wanted to try your hand at gold prospecting, NOW is the TIME!

 

Related Article: Gold Nugget Hunting with a Metal Detector

Find Gold Nuggets with the Tesoro Vaquero Metal Detector

Do you live in a U.S. state where gold is commonly found? (*See list below.) If so, what are you waiting for? There’s never been a better time to start prospecting for gold with a metal detector! Gold-hunting metal detectors have become so efficient and easy to use—anyone with the desire to look for gold can get to it. These detectors are also very affordable, making this hobby accessible to kids, seniors, beginning detectorists, etc. Gold detectors are built with a ground balance feature that cancels out the mineralization in the soil. This offers superior performance in detecting small and large nuggets and both conductive and non-conductive (gold) ore veins.

Tesoro Vaquero Gold Metal Detector

Tesoro Metal Detectors Vince Gifford visits metaldetector.com

Tesoro Metal Detectors Vince Gifford visits metaldetector.com Pictured left to right: Daniel Bernzweig, Michael Bernzweig both from MetalDetector.com, Vince Gifford of Tesoro Electronics

Tesoro is known as a U.S. manufacturer of high-quality metal detectors for both land and water. At $446, the Tesoro Vaquero is the lowest priced gold nugget hunting metal detector in the Tesoro line-up. Owners of the Tesoro Vaquero metal detector rate it with flying colors, saying it consistently detects gold nuggets, relics, jewelry and coins. That is the beauty of the Tesoro Vaquero—not only does it detect gold nuggets, it is an all-around metal detector for hunting coins, silver and all metal targets. Experts recommend that you consider what your hunting purposes will be before purchasing a detector. If you have the desire to look for coins or hunt the beach, for instance, a multi-purpose unit such as Tesoro Vaquero would be right for you. Other Tesoro Vaquero features include discrimination to filter the trash and a Push Button Pinpoint mode.

See: Tesoro Vaquero Metal Detector Reviews

View: All models of Tesoro Metal Detectors

*Gold is commonly found in the following states: Alaska, Arizona, Arkansas, California, Colorado, Florida, Idaho, Louisiana, Mississippi, Montana, Nebraska, Nevada, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington, and Wyoming.

Get Ready for Gold Prospecting with the Fisher Gold Bug Metal Detector!

Gold prospecting season is here, so if you’ve ever dreamt of finding gold—it’s time to make your dream reality! The latest gold hunting metal detectors (which are relatively inexpensive, by the way) offer gold-finding capabilities never before available to amateurs and newbies. Men and women, boys and girls are heading out to areas where gold can be found. The metal detector most proficient at finding gold is a sensitive, deep-seeking instrument with ground balance that is specifically designed for prospecting.

Fisher Gold Bug Metal Detector

Among the most affordable gold prospecting detectors on the market, the Fisher Gold Bug offers sophisticated features—and has a proven track record for detecting gold nuggets, ore veins, gold float and other forms of the precious metal. The Fisher Gold Bug is easy to operate, which is perfect for new prospectors. Even if you are new to the scientific principles of metal detection, you can still find gold! Gold Bug’s deep-seeking capabilities will detect even the smallest nuggets in highly mineralized soil. It features computer-assisted ground balance, pinpointing mode and a large user-friendly LCD display which reports ground conditions and target alert. The Fisher Gold Bug is highly regarded by reviewers as one of the easiest to use gold detector at a most affordable price.

See: Fisher Gold Bug Metal Detector Reviews