What is PLACER?

In mining law. A superficial deposit of sand, gravel, or disintegrated rock, carrying one or more of the precious metals, along the course or under the bed of a water-course, ancient or current, or along the shore of the sea. Under the acts of con- gress. the term includes all forms of mineral deposits, except veins of quartz or other rock in place. Rev. St. U. S.

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