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

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.

ABC News Business· YesterdayBusiness

Amateur prospector finds $150,000 gold nugget in outback

An amateur prospector who wishes to remain anonymous has found a gold nugget worth about $150,000 on Mount Stuart station near Tibooburra in north-western New South Wales. He spotted the nugget in mid-October after a signal from his metal detector. The nugget weighs over 1,200 grams, and testing shows about 940 grams is pure gold. He has nicknamed it the Tibooburra Spud and plans to sell it to a collector. Greg Spangler, who sells prospecting supplies in Broken Hill, says rising gold prices have drawn more people to the hobby.

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

Amateur prospector finds $150,000 gold nugget in outback

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

Amateur prospector finds $150,000 gold nugget in outback