The White Channel Gravel of the Klondike is an unconsolidated gravel preserved as erosional remnants lying on rock cut benches above younger streams. It contains important concentrations of gold, and eroded parts of the gravel are the likely source of gold in the newer gravels of streams cut through them (e.g., Bonanza, Eldorado and Hunker Creeks).
The purpose of this note is to point out that the base of the White Channel Gravel and the bedrock below it are altered and that this alteration coincides with the gold localized in the sediments. Groundwater flowing through the gravel may have precipitated the gold and produced the alteration of gravel and bedrock. Previously, gold in the White channel Gravel has been considered a fossil placer concentration.