placer deposit definition

placer deposit means any form of mineral deposit which does not fall within the definitions of “reef”, “dump”, “alluvial deposit”, “eluvial deposit” or “rubble deposit”;
placer deposit means a surficial deposit contained in sand, gravel or similar material, formed by a natural mechanical concentration of mineral particles, and composed of heavy minerals including, but not limited to, gold, silver, platinum group metals or precious stones;
placer deposit means any form of mineral deposit which does not fall within the definitions of “ reef”,

More Definitions of placer deposit

placer deposit means naturally occurring unconsolidated surfi- cial detritus containing valuable minerals, whether located inside or out- side the confines of a natural watercourse.