Egypt seems to be on a spree of ancient discoveries. Last year in October, over 50 mummies were found at the UNESCO heritage site of Saqqara Necropolis.

Now archaelogists have discovered the largest ancient city ever found in Egypt. 

It was unearthed hundreds of miles south of Cairo, not far from the tombs of the Valley of the Kings near Luxor.

Experts are saying it's likely the lost Golden City, buried under sands near the modern-day city of Luxor, home of the legendary Valley of the Kings. Egypt&rsquos most important discovery was made by a team led by archaeologist Zahi Hawass.

The discovery of the ancient city is one of the most important since the unearthing of Tutankhamun&rsquos tomb in 1992.

The city is only partly excavated right now. The rings, colored pottery, scarabs and artifacts found confirm that the city belonged to the reign of Amenhotep III, who ruled Egypt from 1391 to 1353 B.C.

The archaeologist&rsquos team was trying to find Tutankhamen's Mortuary Temple and was surprised to find a series of mud walls instead. The mud walls rose of out sand, built in a zig-zag design pattern some standing about 10 feet tall. 

Another team of archaeologists who previously tried finding the city had failed.

Several neighborhoods have been uncovered including a bakery complete with ovens and storage pottery after seven months of excavations, the discoveries also include administrative and residential districts.

The team says that future excavations on the cemetery and unopened tombs on the site will help them answer more questions about the era.