Most of the commercial mineral deposits are on the south and southwest part of the range between Minersville and Milford, though small amounts of gold and silver have also been found in iron-rich outcrops in the basalt to the south of Milford.

Gold is a fairly widespread mineral in the Italian Alps and in the Northern Apennines. It is found both in primary mineralization and in past and recent floods.

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.