"(4) Somewhat laminated quartz from Victoria, containing a little antimony sulphide. In this specimen the gold not only shows on the surface but penetrates each of the laminations, as is proved by breaking. "(5) Consists of fragments of crystallised carbonate of lime from Tarrawingee, in which the gold is deposited in spots, in appearance like ferrous oxide, until submitted to the magnifying glass. "The whole subject is worthy of much more time than I can possibly give it. The importance lies in this: That having found how the much desired metal may have been deposited in its matrix, the knowledge should help to suggest how it may be economically extracted therefrom." A very remarkable nugget weighing 16 3/4 oz. was sluiced from near the surface in one of my own mining properties at Woodside, South Australia, some years ago, which illustrated the nuclear theory very beautifully. This nugget is very irregular in shape, fretted and chased as though with a jeweller's graving tool, showing plainly the shape of the pyritous crystals on which it was formed while the interstices were filled with red hematite iron just as found in artificially formed nuggets on a sulphide of iron base. The author has a nugget from the same locality weighing about 1 1/2 oz. which exhibits in a marked degree the same characteristics, as indeed does most of the alluvial gold found in the Mount Lofty Ranges; also a nugget from near the centre of Australia weighing four ounces, in which the original crystals of pyrites are reproduced in gold just as an iron horse-shoe, placed in a launder through which cupriferously impregnated water flows, will in time be changed to nearly pure copper and yet retain its shape. Now with regard to the four points I have put as to the apparent anomalies of occurrence of alluvial gold. The reason why alluvial gold is of finer quality as a rule than reef is probably because while gold and silver, which have a considerable affinity for each other, were presumably dissolved from their salts and held in solution in the same mineral water, they would in many cases not be deposited together, for the reason that silver is most readily deposited in the presence of alkalies, which would be found in excess in mineral waters coming direct from the basic rocks, while gold is induced to precipitate more quickly in acid solutions, which would be the character of the waters after they had been exposed to atmospheric action and to contact with organic matters. This, then, may explain not only the comparatively greater purity of the alluvial gold, but also why big nuggets are found so far from auriferous reefs, and also why heavy masses of gold have been frequently unearthed from among the roots even of living trees, but more particularly in drifts containing organic matter, such as ancient timber.