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Budget Metal Detector Discovers $240k Gold Nugget in Rural Victoria

March 28, 2023 9:12 am in by
Images: Nine News & Shutterstock 1069423355 Denis Torkhov

An Amateur prospector made the huge discovery in regional Victoria’s ‘Golden Triangle’ with his entry level metal detector.

Image: Nine News

The prospector who wanted to stay anonymous, was using his entry level Minelab Equinox 800 metal detector, which retails for around $1200, when he discovered the mammoth rock of gold weighing in at a reported 4.6kg.

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The massive rock was found in Victoria’s ‘Golden Triangle’, an area between St Arnaud, Bendigo and Ballarat.

The prospector, thinking that the rock could be somewhat valuable, took it to Geelong based gold trader, Darren Kamp from Lucky Strike Gold.

“He said, ‘do you think there’s $10,000 worth?’ And as soon as it hit my hand I said, ‘try $100,000’,” Kamp told 9News.

“And he said, ‘oh wow, the wife’s going to be happy with that’.”

The prospector told Mr Kamp that he had only brought half the nugget in his shop for inspection and that the other half was at home.

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Image: Nine News

“It’s a once-in-a-lifetime find,” Kamp said.

The 4.6kg rock contained around 2.6kg of gold with a suggested value of a whopping $240,000.

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