The sun was beginning to set, which put the light at just the right angle against the hillsides to where I believed that I spotted a very small dig and tailings pile up the hill near the top of the second wash.

Fenn posted photos of what he claims is the long-hidden chest and its contents after it was found, though some believe the whole thing was a hoax because he refuses to identify the finder.

Is your gold recovery actually 95%, 90%, or even a really poor 50%? If you are not testing to know what it really is, you just don’t know. Some do regular testing, but most do not.

The small-scale miner has reasonable opportunity to exploit some of these small, rich placer gold deposits. 

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.