Where did the bulk of the placer gold in Tertiary river sediments in California come from?…maybe Nevada! Posted on March 24, 2016 by James Wood This paper further expounds on this alternative theory of the origin of California placer gold is available here. Christensen, Odin D., Christopher D.Henry, and Jim Wood, 2015, Origin of gold in placer deposits of the Sierra Nevada Foothills, California, Geological Society of Nevada Symposium 2015.