A gold nugget is a naturally occurring piece of native gold. Water courses often concentrate the nuggets and they are recovered or collected by placer mining, but these may also be found in residual deposits. Nuggets are also found in the tailing piles of previous mining operations.
These nuggets are never pure. These are 24k in composition but actually these are about 20 to 22k. the common impurities are silver and copper.
The largest gold nugget ever found was the 'welcome stranger'. It was found at Moligul, Victoria, Australia in 1869 by John Deason and Richard Oates. It weighed over 2520 troy ounces( 78.38 kg).




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