60 the result of a change in the gradient in the stream below. In such cases the increase in gradient of the stream below the canyon was probably due to local glacial erosion producing overdeepening of the main channel as has happened on Antler creek opposite the mouth of Wolfe creek where the upper part of the canyon is post-Glacial in age and the lower part probably late Glacial. Some gold was found on the rock benches along the canyon, whereas little was found in the steep, narrow part of the canyon itself. Even if a stream were eroding headward in a valley bottom contain- ing a small thickness of gold-bearing gravels resting on bedrock, as was the case here, there would be little gold in the resulting canyon, for even the coarse gold would be pounded fine enough to be carried downstream to places where deposition was going on. A similar action takes place in the case of pot-holes in the bedrock. These rarely contain any gold because the pot-holes are ground out by stones being whirled around by the water currents and any gold in the hole is ground so fine that it floats away. In the rare cases in which placer gold is found in pot-holes, deposition has taken place after the holes were formed and the gold was necessarily fine enough to have been transported by currents along with the sand and gravel which fills or partly fills the hole. In the lower part of the canyon just below Antler and for some dis- tance below, deposition has followed erosion and a considerable body of gravels occurs which constitutes the known dredging ground of Antler creek. The gold is known to occur mainly on bedrock at the base of the gravels. It probably was transported mostly along with the gravels, which are partly Recent and partly Glacial in age, and has been gradually concentrated on bedrock by the action of the water flowing through the gravels. The porous character of the gravels on the Nason ground was shown by the fact that it was found necessary to flume the present creek when drifting of the ground was attempted. It has been stated, also, that within one or two hours after a heavy shower, an increase of flow of water in the underground workings was noticeable. The lower part of the channel, near the bend above Wolfe creek, was probably enriched by gold derived from the old channel through which the present deep channel of Antler has been cut. This old channel, which extended as a bench along the left side of Antler, crossed the site of the present stream and continued through Whiskey flat to Cunningham pass. An especially puzzling feature in the distribution of the placer gold on Upper Antler creek is the fact that the rich pay-streak commenced abruptly near the mouth of Victoria creek and although diligent search has been made for its continuation in upper parts of the creek and its tribu- taries, no gold lead at all comparable to it in richness has been found. This is probably due mainly to the effects of glaciation. It will be noted from an examination of the map and will be called to mind by those who are familiar with the character of the country, that in the upland areas of Bald mountain and mount Burdett, as well as in other parts of the region, the streams head in the mountain sides in peculiarly shaped depres- sions, which are clearly glacial cirques formed by ice erosion. That they were formed by ice erosion and not by stream erosion is shown by the fact that streams in unglaciated regions do not form similar depressions. They