Miners Unearth $10 Million In Gold From a Single Blast

Workers at Beta Hunt mine in Kambalda 630 kilometres east of Perth have unearthed $15million worth of gold specimens

Workers at Beta Hunt mine in Kambalda 630 kilometres east of Perth have unearthed $15million worth of gold specimens

"But we bought it because there were a bunch of gold deposits sitting beneath it".

The largest specimen weighs in at 90kg and took three men to lift it onto the back of a ute.

Rather than wait for heavy machinery to do the lifting, the miner who discovered it, Henry Dole, and two colleagues brought the giant nugget, dubbed the "Mother Lode", to the surface themselves using a normal trolley.

"Just 8 weeks earlier, at the end of June 2018, 1,500 ounces of high grade gold were recovered from other sediment structures on the 14 and 15 levels. These discoveries highlight the high-grade gold potential of Beta Hunt".

All of the of high-grade coarse gold was hand-picked and immediately sent from the Beta Hunt Mine to the Perth Mint in Australia, RNC Minerals said.

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RNC Minerals says the specimens are believed to be some of the biggest in mining history.

"As I was drilling it, you could see the gold shavings coming out of all the holes and I thought - there's something here".

The bigger of the two is said to be valued at $3.8 million and contains around 2,300 ounces of gold.

The gold discovery included about 190 kilograms of specimen stone, the largest of which is 95 kilograms with an estimated gold content of 2,440 ounces.

"Everything was covered in dust, and as I watered the dirt down there was just gold everywhere, as far as you could see", Dole told ABC Australia. "There were chunks of gold in the face, on the ground, truly unique I reckon", according to the ABC news report. "I almost fell over looking at it... we were picking it up for hours".

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The fact Canadian owner RNC has the mine up for sale adds to the intrigue of the discovery.

WA's Goldfields has been home to major nuggets, including the famous Golden Eagle, which weighed 1186oz and was found in 1931 at Larkinville, just 40km southwest of Beta Hunt.

RNC Minerals chief executive Mark Selby said the largest rocks would go to auction as collector items.

Armed guards have been transporting the gold to a secure vault.

"We're going to look at all the alternatives in terms of whether we look to raise capital at the mine level, whether we look at spinning it out publicly, whether we look at joint venturing with another mining company, this allows all options to be on the table for us", he said.

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