Sydney, Miners in Western Australia say they

have discovered two huge gold-encrusted rocks that are each

estimated to be worth millions of dollars.

The largest specimen, weighing 95kg (210lb), was found to

contain more than 2,400 ounces of gold, Canadian miner RNC Minerals


The company said it had extracted gold worth about C$15m (Pound 9m;

$11m) from a mine near Kalgoorlie last week.

One mining engineer described the finds as “exceedingly


“People do still record finding nuggets in the goldfields, but typically

they are less than several ounces,” said Prof Sam Spearing, director of

the Western Australia School of Mines at Curtin University.

The mining company valued the largest rock at about C$4m. It

said the second-largest – a 63kg specimen with an estimated 1,600

ounces of gold – was worth C$2.6m.

The rocks were otherwise made of quartz, the company said.

Miners in Australia often extract as little as 2g of gold per tonne of

rock. RNC Minerals said it had extracted 2,200g per tonne.

“Very, very seldom do we see results on that level. This is an

exceedingly rare find and very exciting,” Prof Spearing said.

He said that gold particles were often too small to be visible to

the human eye.

The Beta Hunt mine had primarily been running as a nickel

operation until last week’s discovery.

The company had targeted the gold vein, located 500m (1,600ft)

underground, after finding traces of gold closer to the surface in June.

RNC Minerals chief executive Mark Selby said the largest rocks

would go to auction as collector items, the BBC reported.

Source: Oman News Agency