Miners are finding $ 10 million worth of gold from an Australian mine that you can buy

Miners in Western Australia have dug up more than 9,000 ounces of gold over the past few days. That's more than 560 pounds (255 kilograms), or 10 million dollars worth of gold if you just want to cash it.

Gold encrusted quartz rocks have been found at Beta Hunt, mainly a nickel mine, in the town of Kambalda, in an area of ​​Australia known as Goldfields.

The miner Henry Dole is credited with hitting the mother lode. "I have been a minor in the air for 16 years. Never in my life have I ever seen anything like it, "he told ABC News. "I almost fell on it looking at it … we picked it up for hours.

The mine is owned by RNC Minerals of Canada, which plans to auction some of the most impressive specimens. The largest rock weighs more than 200 pounds and is covered with approximately 2,400 ounces of high quality gold – a $ 2.9 million discovery.

"Given the rarity of the rock, the physical beauty and the presentation of gold, it is a very spectacular stone in many ways. So we'll see if 20, 30 or even 50% of the premiums apply here "Selby told ABC News. "We can not wait to auction the cornerstones in the coming weeks. There is a fairly select group of collectors to whom it would appeal. When you look at the nuggets, which are a solid gold coin, the largest ones are about 2,000 ounces, so that's exactly what's bigger than we've ever seen.

RNC reported having extracted 13,320 ounces of gold from Beta Hunt in the previous quarter. Most of the gold in Western Australia is turned into gold bullion to be sold to the Perth Mint. The mine itself is actually on the market – RNC is trying to find a buyer willing to fund more exploration drilling. "We believe that a different set of leaders should manage the asset with the right amount of capital to move it forward," Selby said.

The gigantic find has raised spirits in Kambalda. "It's good for the city, the life of the mine, all that. I really believe there is something bigger and better there, "Dole told ABC News. "I think we're just on the sidelines … and if we get deeper, I think we'll find more."