An amateur prospecter from the land down under managed to make every first-timer’s dream come true with his discovery of a massive gold nugget.

The anonymous gold seeker hadn’t had much luck previously in his search for that rare metal, but his hard work and blind faith obviously paid off. Near the Australian town of Ballarat, the miner found a 5.5 kilogram (or 177 ounces) nugget of gold in the area known as the “Golden Triangle.”

The area is famous for its rich veins that yielded impressive crops of the yellow stuff back during the last gold rush in the 18050s.

The nugget, which is Y-shaped and approximately 22 centimetres long and 14 centimetres wide, is estimated to be worth around $300,000. However, because of the unusual shape and rarity of such a specimen, it’s likely the nugget’s value far exceeds that estimate.

The same area also yielded another massive hunk of gold a few years back. Nicknamed “The Hand of Fate,” the giant 60-pound nugget is now housed in a Las Vegas casino.

This man’s discovery may just spark yet another gold rush as other amateur miners flock to the area with the hope to fatten their bank accounts with just a little time and effort.