WA Driller discovers a gold nugget, probably the largest in history



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An underground mine located in the WA Goldfields has produced what its owner believes to be two of the largest gold specimens in the history of what has been described as a "unique" discovery in his life.

Since last weekend, RNC Minerals has counted a rock fall about 500 m deep from the 45-year-old Beta Hunt gold mine near Kambalda, 600 km east. from Perth and 50 km south of Kalgoorlie-Boulder.

The largest stone was sold at 90 kg and the company estimates it would contain approximately 2,300 ounces of gold, for a total of approximately $ 3.8 million at current prices.

The second largest piece was not far from 60 kg, with an estimated 1,600 ounces housed in the quartz sample, valued at approximately $ 2.7 million. And there is more where it comes from.

According to RNC's initial estimates, the total gross gold cut would be greater than 9,000 ounces, or more than $ 15 million.

RNC Minerals only extracted 13,320oz at Beta Hunt during the entire June quarter.

Henry Dole, the blacksmith of Airleg, was recognized for having discovered the astonishing discovery.

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

"I saw it in the veins of the face but nothing like it – it was just everywhere," he said.

"As I pierced it, you could see the gold chips coming out of all the holes and I thought there was something here."

"And after we shot and I arrived the next day and washed it, it was just everywhere.

"It was amazing and I have never seen it before."

When the 90 kg mastodon was found, it took three people to lift it to a utility vehicle to transport it to the surface.

"It was practically the day after our shot, we got in there and you could not miss it … especially when you hit it with water, it just went out Said Mr. Dole.

"We really should not have lifted it, we should have used the bogger but we had it on the back of the user."

The fact that the Canadian owner RNC put the mine on sale adds to the intrigue of the discovery.

Mark Selby, director general of RNC in Toronto, said the discovery of the gold rush was rare today, at a time when miners were producing gold at lower and higher levels. "This is one of those unique moments when people find gold pieces of 2300 ounces and 1600 ounces," he said.

"It's usually an exciting time, and because the mine was hard to do, this kind of discovery only reinforces the fact that we've always known that this mine has potential.

"We are starting a sales process to focus on the capital needed for exploration, to find those areas that we know and hopefully retain holdings in.

"But this discovery shows that Beta Hunt has the potential to be a very large gold mine in the future."

Most of the gold in WA is crushed and turned into gold bullion before being sold to the Perth Mint, but specimens of Beta Hunt could be auctioned, where they could get a premium of gold collectors.

This is not the first time that Beta Hunt, which has been operating for nickel since it opened in 1973, has produced high-quality discoveries in its renaissance as a gold-mining operation.

Two years ago, RNC's Australian subsidiary Salt Lake Mining discovered a museum-quality specimen from the Hand of Faith area in Beta Hunt.

The director of Salt Lake geology, John Vinar, said that it was special to see gold in this form.

"I'm really lucky to see that – it's a rarity," he said. "I do not know many other places that can deliver this type of material. We will target our surveys to see if we can find more.

"We thought the HOF was the best thing, but it only delivered about 1000 ounces, while it overshadowed everything, so it's beyond our wildest dreams to see that amount of gold exit.

The WA Goldfields hosted large nuggets, including the famous 1186-ounce Golden Eagle, which was discovered in 1931 in Larkinville, just 40 kilometers southwest of Beta Hunt.

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