Make Kitco Your Homepage

With cameras rolling, prospectors find $250,000 of gold

Kitco News

After waiting months for their mining permits, prospectors Brent Shannon and his brother-in-law Ethan West pulled two nuggets from the ground worth a combined US$250,000.

The find was documented in Thursday's episode of Aussie Gold Hunters on the Discovery Channel.

According to reporting by CNN, the pair of nuggets weigh in at a combined 3.5 kilograms (7.7 pounds) and were found on the same day near Tarnagulla in Victoria state.

Australia morning show Sunrise interviewed the two prospectors.

"It was pretty exciting ground, and I reckon I was in for a bit of a chance," said prospector Brent Shannon during the interview.

Shannon said the find was one of the most significant in his forty-year career.

At the work site in Tarnagulla, the prospectors use an excavator to dig up dirt and then lay it flat and then use a metal detector to find the gold

"It's an exciting moment. When you find these types of nuggets. It's no feeling you can describe. It's something you never forget. It's a feeling like no other."

"It's like winning the lottery. It's why you get up and go to work."

Screen grabs from Sunrise, 7News.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.