A gold prospector, Mick Brown was scanning with a metal detector prospecting for gold in the Victoria State of Australia and hit the jackpot when he struck gold, as reported by Malaysia’s Sun Daily. The 2.7 kg nugget was found in the Wedderburn, part of the gold belt area in the Victoria State with history of rich gold deposits that helped in giving birth to metropolitan city of Melbourne and others. It was the gold rush in the 1800s that fueled migration and population boom we see today in this otherwise sparsely habitation.
The gold nugget is estimated to value A$135,000 or US$103,400.
“I thought bugger me, it is, it’s bloody gold,” Brown said, as quoted by the Age, a local daily.
The lucky prospector intends to sell it to a private collector and use the proceeds to pay off his debts and the remainder to support his wife and kids.
He called the nugget ‘Fair Dinkum’. The Australian resource prospecting law operates based on the ‘finder keeper’ mode, whereby the resource belongs to whomever found it.