Abstract
ABSTRACT The Victorian gold province has yielded 2500 tonnes (t) Au, nearly 2 percent of cumulative world gold production, mostly mined between 1851 and 1910. Fifty-five percent (1375 t) was placer gold from modern and paleostream systems, and from eluvial deposits, and the remainder came from primary quartz vein-related deposits. Most of the alluvial gold placers are in unconsolidated or weakly cemented quartz pebble conglomerate and gravel, dominated by hydrothermal quartz, although a few paleoplacers are within duricrusted conglomerate that required crushing. Large and abundant gold nuggets were common. Placer gold deposits formed in three intervals following uplift in the Late Cretaceous, Late Eocene, and Pliocene. An important factor in the preservation of the paleoplacers has been their burial by younger sediments and basalt flows, with consequent protection from erosion and dispersal. Factors in the formation of the giant gold placers of Victoria include the following: (1) the existence of a major primary gold province with several multimillion-ounce gold deposits; (2) uplift and reactivation of older faults; and (3) high rainfall and deep Paleogene weathering.
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