Placer deposits attract many prospectors because their costs are very low. There are many different places gold could be placed, such as a residual, alluvial, and a bench deposit.

Residual

Residual deposits are more common where there has been weathering on rocks and where there hasn't been water. They are deposits which have not been washed away yet or been moved. The residual usually lies at the site of the lode. This type of deposit undergoes rock weathering.

Alluvial

Alluvial or eluvial deposits are

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