What are placer deposits
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In geology, a placer deposit or placer is an accumulation of valuable minerals formed by gravity separation from a specific source rock during sedimentary processes. The name is from the Spanish word placer, meaning "alluvial sand". ... Types of placer deposits include alluvium, eluvium, beach placers, and paleoplacers
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- Certain minerals may occur as alluvial deposits in sands of valley floors and the base of hills.
- The deposits are called ‘placer deposits’, and generally contain minerals, which are not corroded by water.
- Gold, silver, tin and platinum are the most important among such minerals.
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