There has been plenty of news over the last few days about an 87 ounce gold nugget that was found by Mick Brown. The nugget has been valued at $135,000, but Mick Brown has stated he isn’t interested in selling it for anything under $200,000.
I have had a few people tell me that the Wedderburn area is a hot spot for nuggets. Wedderburn is a couple of hours drive outside of Melbourne (the capital of Victoria). It’s also just north of Ballarat, which as most people will know, hosted a gold rush in the 1850’s and to this day still has active gold mining operations.
I know the last time I was in Victoria we went out onto a property just outside of Ballarat looking for gold and came back empty handed. Perhaps next time we might head a little further north to see what else can be found in Wedderburn.
The most interesting thing about this find was that the nugget was found only 6 inches below the surface. Considering the size, it’s surprising that no one else had found it earlier.
In terms of the detector that Mick was using – it was a Minelab GPX 4500. Brand new that would have cost him well over $5,000, so it’s good to see he has made a return on that investment. I would love to know the settings he used as I’ve had only limited success when using the top of the line Minelab devices to find gold, which is why I stick to the Garrett and the Fisher machines.
If you’ve been metal detecting in the area and want some company, send me an email and the next time i’m down that way we can see if there is anything else worth digging out.