placer
A placer is a naturally occurring concentration of valuable minerals formed by gravity separation within loose sediments. Placer deposits commonly contain metals such as gold, platinum-group metals, tin, tungsten, and gemstones like diamonds and sapphires. The term is used for deposits created by mechanical sorting and concentration rather than chemical precipitation.
Formation occurs when ore-bearing rocks are weathered and eroded. The resulting sediment is transported by water,
Mining and processing rely on gravity separation and mechanical concentration. Methods include panning, sluicing, dredging, and
Geology and economics: placers are contrasted with lode (primary) deposits, where minerals occur in hard rock