Nuggety Gully is a deep ravine with a dry rocky watercourse which drains into Prospect (originally Prospector's) Creek The place includes a series of stone-pitched retaining walls that extend intermittently along Nuggety Gully for a distance of 600 meters north of the Prospect Creek junction from co-ordinates 15.58.53 S - 144.55.54 E to 15.58.37 S - 144.55.56 E. The retaining walls are constructed predominantly on the western side of the Gully.