Dunolly, Wedderburn and Inglewood formed the rich goldfield region colloquially known in the 1850s as the 'Golden Triangle'. The district has produced more gold nuggets than any other goldfield in Australia, with 126 unearthed in Dunolly itself. The 'Welcome Stranger', considered to be the largest nugget ever discovered, was found 15 kilometres north-west of Dunolly, at Moliagul.
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