Lasseter's reef
/ˌlasətəz ˈriːf
/noun Australian informal
A very rich source of something, especially when elusive or mythical: PC users have stumbled upon a Lasseter’s reef of communications possibilities...
- The suspicion that out there among the coral reefs there lies a Lasseter's Reef of oil has meant the search went on.
- A Lasseter's Reef like discovery of 700,000 ounces of high grade gold in an area so remote the prospectors never really got to it.
- This is as close to finding a Lasseter's reef that you could get.
Origin
1930s: from the name of Lewis Herbert Lasseter (born Harold Bell Lasseter) (1880–1931), an Australian prospector who, in 1929, claimed to have discovered a huge gold-bearing reef in central Australia which has never been found.