Australian finds 5-kg gold nugget

Last Updated: Thu, Jan 17, 2013 15:00 hrs

London, Jan 17 (IANS) An amateur treasure hunter in Australia has unearthed a gold nugget weighing 5.5 kg, BBC reported Thursday.

The unidentified man Wednesday used a hand-held metal detector to find the nugget 60 cm underground near Ballarat town in Victoria.

Its value has been estimated at $315,000.

Experts said gold has been prospected in the area for decades, but no such discovery had been made before.

A video of the Y-shaped nugget was posted on YouTube by user "TroyAurum".

He said the man who found it had said it "sounded like the bonnet of a car through the headphones.

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