Third Largest Nugget in Existence Returns to Dallas
January 2018 by Staff
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.
Once again the coil was put over the spot but the target was in the pile now. I pinpointed, grabbed a handful of dirt and began sprinkling it over the coil until I heard that mild thud.
My metal detecting hobby began about ten years ago when I bought a used metal detector for about $300. I got it specifically to look for meteorites. It was pretty much worthless, not user friendly, and I did not find anything with it.
After removing about six inches of dirt and cobbles, the sound was a bit more recognizable. I was now confident that there was a definite target and not just a ground noise.
I was amazed and surprised, and I took a moment to admire how beautiful this coarse chunk of gold was. It later weighed exactly one-half ounce.
Not too far from the pine-filled mountains, a young boy was exploring along Meadow Creek in Cabarrus County, North Carolina, one fine day in 1799. He discovered a beautiful rock that he took home and put to good use as a doorstop. Shortly thereafter, a jeweler stopped by to visit his folks, and as it turned out, the new doorstop was actually a 17-pound gold nugget. That nugget truly did open a door as it marked the beginning of the first gold rush in America.
In underground placer work, the contact point of the bedrock tunnel and the gravel is a very weak point and always has to be timbered. The bedrock here is thin, fractured, and the gravels loose from many years of oxidizing.
With the high price of gold, there are many new prospectors out in the hills all over the United States, and while we would all prefer to be finding those larger nuggets, it doesn’t always work that way. Sometimes all that is available is nothing more than a few small flakes. The truth is, new prospectors are sprouting up all across the planet—especially in the developing nations.
The Bawl Mill • Legislative and Regulatory Update • California: The Land of Big Nuggets—Part II • How to Interpret Assay Values • Bedrock Nugget Hunting: Tools of the Trade • A Primer on Bitcoin and Other Cryptocurrencies • Gold Hunting on Libby Creek • PLP and MMAC Update • Man's Best Friend • An Interview with Minelab Engineer Mark Lawrie • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices