Most of the commercially valuable gold occurs in nature as native
gold, either mixed with gravel and sand (i.e., placer deposits) along
existing or ancient stream beds, or in veins mechanically held in the
mineral pyrite (described in the preceding chapter) in submicroscopic
form, or visibly mixed with quartz in vein deposits. Another kind of
ore which assumes considerable importance, as in parts of Colorado, is
in the form of telluride of gold always found in veins. In deep vein
deposits it is quite the rule to find free or native gold mechanically
and visibly mixed with quartz in the upper levels, while deeper down
the gold is mechanically, but invisibly, held in combination usually
in pyrite, which latter is associated with quartz. This difference is
due to the fact that the lower level ores are now just as they were
formed, while in the upper levels the ores have been weathered, and the
gold set free and often more or less further concentrated by solutions.
Vein deposits, including also telluride ores, are found in many kinds
of rocks--igneous, sedimentary, and metamorphic--of nearly all ages
generally directly associated with igneous rocks. In nearly all cases
the best evidence indicates that the vein fillings were formed by hot
ore-bearing solutions from the igneous rock, which solutions deposited
the ore plus quartz in fissures in either the igneous or adjacent
rocks. Among the many localities where fissure veins of the kind just
described are of great economic importance are the "Mother Lode" belt
of the Sierra Nevada Mountains of California; Cripple Creek (telluride
ore), Georgetown and the San Juan region of Colorado; Goldfield,
Tonopah, and Comstock Lode of Nevada; and near Juneau, Alaska.
Placer deposits, that is, free gold mixed with gravel and sand, also
yield much gold. They are most prominently developed in California
and Alaska. These gold-bearing "gravels represent the more resistant
products of weathering, such as quartz and native gold, which have
been washed down from the hills on whose slopes the gold-bearing
quartz veins outcrop, and were too heavy to be carried any distance,
unless the grade was steep. They have consequently settled down in the
stream channels, the gold, on account of its higher specific gravity,
collecting usually in the lower part of the gravel (placer) deposit."
(Ries.) Such gold occurs as grains, flakes, or nuggets. When a chunk of
gold-bearing vein quartz, with crevices filled by thin plates of the
metal, is carried downstream pieces are gradually broken away, and the
tough, very malleable gold bends or welds together into a single mass
called a "nugget." Nuggets varying in weight up to over 2,000 ounces
have been found. Many placer deposits are along existing drainage
channels, while others occur in abandoned and even buried former
channels.