METALLIC MINERALS

Gold

A tonne of flour gold from the North Saskatchewan since the 1860s, and grab samples to 3.2 g/t on the Shield.

Placer gold in North Saskatchewan River gravels between Devon and Elk Point (13.6–141 ppb) has yielded about a tonne historically, all fine flour gold under 35 mesh with platinum. On the Shield, shear-zone sulphide horizons near Waugh, Potts and Doze lakes return grab samples to 3.2 g/t. At US$4,300/oz gold the placer is a by-product of gravel washing; lode gold is grassroots.

POTENTIAL & KNOWN RESERVES IN ALBERTA

≈1 t historic placer production; Shield grabs to 3.2 g/t Au

Confidence: Speculative

Where it occurs

  • North Saskatchewan River Devon–Elk Point
  • Waugh / Potts / Doze / Pythagoras lakes (Shield)

GEOLOGY: WHAT MAKES A DEPOSIT MORE LIKELY

Fine placer gold reworked from Cordilleran sources into river gravels; orogenic gold in shear-hosted sulphide horizons on the Shield.

Host formations
Quaternary and preglacial gravels · Taltson shear zones
Depth range
0–200 m

Favourable conditions

  • Gravel bars and preglacial channels with heavy-mineral concentration
  • Shear zones with quartz-tourmaline veining and sulphides

Prospectivity envelopes on the map (1)

  • North Saskatchewan placer gold (Edmonton–Devon)Permissive, under-explored
    Fine flour gold in Quaternary gravels reworked from Cordilleran sources · 0–15 m
    • Preglacial and modern gravel bars of the North Saskatchewan
    • Fine-grained gold recovered historically; by-product of aggregate washing
    Source: AGS placer gold studies.

DATASETS THAT TEST THE TARGET

Stack these layers on the integrated map

Discriminating datasets first, then every catalogued public dataset tagged to this commodity. Verified endpoints draw directly; link-only entries open the publisher page.

  • Surficial geology of Alberta (Map 601 tiles)Alberta Geological Survey · Surficial geology · drawable · verifiedCover type and thickness proxy; controls aggregate, placer, peat and indicator-mineral dispersal trains.Source ↗
  • Surficial sand & gravel deposits (DIG 2015-0027)Alberta Geological Survey · Surficial geology · drawable · verifiedDirect aggregate and placer target layer; also screens silica sand and construction supply near demand centres.Source ↗
  • Stream-sediment geochemistry (AGS, 885 sites)Alberta Geological Survey · Geochemistry · drawable · verifiedPathfinder anomalies for uranium, gold and base metals on the Shield and Foothills.Source ↗
  • Bedrock structures: faults, thrusts, fold axesAlberta Geological Survey · Structure, depth & isopach · drawable · verifiedFault corridors focus brines, helium and MVT fluids and control Foothills coal geometry.Source ↗
  • Precambrian magnetic basement domains (AGS)Alberta Geological Survey · Aeromagnetics · drawable · verifiedCraton architecture for diamonds (thick cold lithosphere), radiogenic basement for helium, and shear zones for uranium and gold.Source ↗
  • Metallic mineral occurrences (DIG 2019-0026)Alberta Geological Survey · Mineral occurrences · drawable · verifiedKnown showings to anchor exploration models; density is highest on the Shield and Clear Hills.Source ↗
All 15 tagged datasets
  • Bedrock geology polygons (DIG 2013-0018, queryable)Alberta Geological Survey · Bedrock geology · drawableSource ↗
  • Surficial geology of Alberta (Map 601 tiles)Alberta Geological Survey · Surficial geology · drawableSource ↗
  • Surficial sand & gravel deposits (DIG 2015-0027)Alberta Geological Survey · Surficial geology · drawableSource ↗
  • Glacial landforms (moraines, flutings, meltwater channels)Alberta Geological Survey · Surficial geology · drawableSource ↗
  • Bedrock physiography / buried bedrock zonesAlberta Geological Survey · Structure, depth & isopach · drawableSource ↗
  • Precambrian magnetic basement domains (AGS)Alberta Geological Survey · Aeromagnetics · drawableSource ↗
  • Stream-sediment geochemistry (AGS, 885 sites)Alberta Geological Survey · Geochemistry · drawableSource ↗
  • Metallic mineral occurrences (DIG 2019-0026)Alberta Geological Survey · Mineral occurrences · drawableSource ↗
  • AGS prospective areas for mineral explorationAlberta Geological Survey · Mineral occurrences · drawableSource ↗
  • NRCan Map 900A: producing mines, mineral areas, oil & gas fieldsNatural Resources Canada · Mines & operations · drawableSource ↗
  • Metallic, placer, quarriable & salt mine boundariesAlberta Energy and Minerals · Mines & operations · drawableSource ↗
  • Non-Crown mineral ownershipAlberta Energy and Minerals · Land constraints · drawableSource ↗
  • Parks & protected areas (by designation)Alberta Forestry, Parks and Tourism · Land constraints · drawableSource ↗
  • First Nations reserves & Métis settlementsGovernment of Alberta · Land constraints · drawableSource ↗
  • Alberta Township System gridAlberta Energy and Minerals · Grid & base · drawableSource ↗

VALUE & VALUE CHAIN

Gold: ≈US$4,323/oz (Sep 2026); World Bank 2026f US$4,700

World Bank Commodity Markets Outlook, Apr 2026 ↗

Not in the Atlas price deck.

Value chain

  1. Gravel washing or lode mining
  2. Gravity concentration
  3. Refining

Industries and products that rely on it

IndustryProductsAlberta capacityGrowth
Bullion & jewelleryRefined gold—GrowthRecord prices on central-bank buying

DEVELOPMENT: TENURE, ROYALTY, PERMITTING

What a developer needs to know

Tenure
Placer mineral licence: 5 years, $50, non-exclusive; lode under MIM permit / lease.
Royalty
Placer minerals 5 % of production, first troy ounce per year exempt (AR 350/93 s.9); lode under the metallic royalty.
Lead time
Months (placer) to decades (lode)

Permitting path

  1. Water Act / Code of Practice for river gravel
  2. Directive 091 for lode

Infrastructure needs

  • Gravity circuits at gravel plants

Active players

Recreational placer minersAggregate producers

Recommended next steps

  • Add gold recovery to North Saskatchewan gravel washing
  • Follow up AGS DIG 2025-0021 gold-grain till counts

MINES, PILOTS & PROJECTS (0)

Who is already working this commodity in Alberta

No operating mine, pilot or advanced project is tracked for this commodity in Alberta.

SOURCES

Profile updated 2026-10-08. Registry provenance ids: T06 (Survey Data Registry).

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