Amateur prospector finds 1.2kg gold nugget worth up to $200,000 near Tibooburra in NSW

Key points

• An amateur prospector has found a gold nugget weighing more than 1.2kg at Mt Stuart Station, near Tibooburra in north-west New South Wales. The nugget contains about 940g of pure gold and is worth between $150,000 and $160,000 at spot prices.
• The prospector believes a collector could pay up to $200,000 for it and has named it Tibooburra Spud. He nearly missed the find, which his metal detector picked up in mid-October after several days of digging.
• Video of the moment he unearthed it has been shared online.