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Values: The valuable minerals contained in a deposit, usually refers to the precious metal content.
Vein: A well-defined mineralized zone within a confined space.
Volume: A measurement of the amount of material in a placer, usually stated in cubic outwards.
Volume factor: A factor which takes into account the swell of loosened gravels after the material has been excavated. Most intact gravels swell at least 25 percent when they have been loosened.
Vug: An open cavity in a rock.