The excitement over IOCG deposits began with the discovery of a monster deposit at Olympic Dam in Australia in 1976. The discovery was accidental as the operator was searching for strata-bound copper deposits.

There is a major change coming in the economy of the world and now is the time for prospectors and miners to grab a ticket and get on board.

A few months later, a young, greenhorn lawyer agreed to pay to have it assayed, and the quartz turned out to be rich in both gold and silver.

The placer deposits of Utah occur in two distinct types of environments. These are 1) placers found adjacent to, and derived from, gold, silver and base-metal deposits; and 2) placers found in major rivers and derived from unknown, distant sources.

While the bullion value of the nugget is already substantial, the size and rarity of the Ausrox Nugget combine to make its worth invaluable in the collector market.

...this district has had a continuous life of gold mining and milling that spans 150 plus years, and it appears that it will keep pressing on for many more years of production.