Miners in Australia discover massive chunks of gold worth millions

RNCThe gold bearing rocks

RNCThe gold bearing rocks

Rather than wait for heavy machinery to do the lifting, the miner who discovered it, Henry Dole, and two colleagues brought the giant nugget, dubbed the "Mother Lode", to the surface themselves using a normal trolley.

"You might go your whole life and you'll never see anything like it". Geologists are calling it a "once-in-a-lifetime discovery" especially since mining in the area had traditionally been geared towards nickel.

Miners uncovered the unbelievable specimens in the first week of September at the 45-year-old Beta Hunt, which is operated by Canadian company RNC Minerals, and located near the small town of Kambalda, 630km east of Perth.

The Kambalda resident has been in the profession for 16 years and says he has never seen anything like it.

"That was virtually the next day after we fired it, we walked in there and you couldn't miss it. especially when you hit it with water, it just stuck out", Mr Dole said.

He said the real question, unanswerable without more information, is whether the gold comes from a vein that will quickly "pinch out or whether it stays wide".

"People do still record finding nuggets in the goldfields, but typically they are less than several ounces", he said.

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"We always believed the mine had a lot of exploration potential and a bright future, we just weren't able to raise the amount of capital to do this exploration", he explained.

Gold can be seen in the Beta Hunt mine.

The stones will be sold at auction as collectibles.

Over the past week about 9250 ounces of high grade gold have been produced from a 44cu.m cut on 15 level at Beta Hunt.

The unearthed specimens - with the largest weighing 90 kilograms (more than 198 pounds) and covered in 2,300 ounces of gold with an approximate value of 3.8 million Australian dollars ($2.7 million) - were found in the Beta Hunt mine near the town of Kambalda, approximately 391.5 miles away from the Perth, according to ABC News. "I don't know of many other places that are able to deliver this type of material".

"Very, very seldom do we see results on that level". The sediment horizon is now also interpreted by geologists at the Beta Hunt Mine as a zone of chemical interaction between the gold bearing fluids and pyritic sulfides, which under the right conditions, allow large gold crystal growth and extremely high-grade gold deposition.

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