which type of gold deposit is found in streams
Placer mining An area well protected from the flow of water is a great location to find gold. Gold is very dense and is often found in a stream bed. Many different gold deposits are dealt with in different ways. 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.
Australian gold rushes During the Australian gold rushes, significant numbers of workers (both from other areas within Australia and from overseas) relocated to areas in which gold had been discovered. A number of gold finds occurred in Australia prior to 1851, but only the gold found from 1851 onwards created gold rushes. This is mainly because, prior to 1851, the colonial government of New South Wales (Victoria did not become a separate colony until 1 July 1851) had suppressed news of gold finds which it believed would reduce the workforce and destabilise the economy.[1]