“When I used to drive around looking for gold in the in the crown land, you used to see one car a week. Ian Holland, a professional goldminer of 40 years experience and president of the Ballarat branch of the association, said: “It’s not like a hell of a lot of gold’s being found but there’s more people out there than ever. The $25.50 licence lasts for 10 years and, without one, any gold found belongs to the crown. Hindle said the popularity of gold prospecting had grown and a total of 50,000 people currently hold a miner’s right in Victoria. We use Google reCaptcha to protect our website and the Google Privacy Policy and Terms of Service apply. For more information see our Privacy Policy. Privacy Notice: Newsletters may contain info about charities, online ads, and content funded by outside parties.
Lynnie Hindle, the president of the Bendigo branch of the Prospectors and Miners Association of Victoria (Pmav), said: “If a big nugget is found, it always creates a new gold rush.” skip past newsletter promotion The Geological Survey of Victoria has predicted there could be as much as 75m ounces of undiscovered gold across the central and north central Victorian goldfields, compared with 80m ounces which has been mined from the area since the days of the gold rush. A multimeter test confirmed the gold was interconnected throughout the rock, he said.
Kamp bought the nugget off the prospector and named it “Lucky Strike”. Kamp said that if the nugget had been any deeper than the 12 inches in the ground where it was found, only a more expensive machine could have picked it up. Part of the prospector’s “incredible” luck, Kamp said, is that he made the find with a $1,200 machine at the very lowest end of the pricing range for detectors. The largest I’ve ever found prospecting was 24 ounce 12 years ago.” “I’ve dreamt of finding something this big myself. “Maybe in the 1850s there was probably a few found, but in today’s terms it’s very rare. And I haven’t seen a specimen in this amount of gold in my 43 years of prospecting,” Kamp said. The amount of gold in the rock came out at 83 ounces. Kamp valued the rock in its entirety at $240,000 as today’s gold prices are nearing global record highs. “He said ‘but that’s only half the rock, the other half is at home’.”
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