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 The first gold rush in Australia began in May 1851 after prospector Edward Hargraves claimed to have discovered payable gold near Orange, at a site he called Ophir.[3] Hargraves had been to the Californian goldfields and had learned new gold prospecting techniques such as panning and cradling. Hargraves was offered rewards by the Colony of New South Wales and the Colony of Victoria. Before the end of the year, the gold rush had spread to many other parts of the state where gold had been found, not just to the west, but also to the south and north of Sydney.[4]