Placer deposits, in addition to their intrinsic value, serve as indicators of areas of potential development of lode deposits. Any possibility that Alaska may again become an important source of metallic mineral commodities depends in part on an inventory of placer deposits and a knowledge of the geology of their source areas.
Information on Alaska's placer deposits is far from complete. Many mining camps have been at best the subject of only cursory examination by geologists or mining engineers at liberty to publish the results of their studies. Many placers are vaguely known from unconfirmed reports that someone was working on a creek, in many instances a creek bearing a name that cannot now be identified with any particular stream. Such data are, of course, practically valueless and were generally ignored in preparing the report. Other major gaps in our knowledge result from the lack of bedrock exposures in many areas where valuable placer deposits were mined, a circumstance that made impossible the determination of lode sources and their mode of occurrence during reconnaissance studies of mining districts. And the reluctance of many prospectors to divulge data on their claims has undoubtedly caused some deposits to be "lost" or overlooked.
