
Alluvial and Placer Mineral Deposits | Geology for Investors
Oct 17, 2019· Placer deposits are also the ultimate "path finder" deposits – if a valuable commodity is available on the surface in a placer deposit, where did it come from? Gold, particularly, has often not moved far, so a minor alluvial gold deposit can result in a major underground gold mine as in Australia's Kalgoorlie or Bendigo gold rushes.