The Canan area (Honduras) is characterized by a gold-bearing ore deposit that is associated with quartz-veined shear zones. Gold mineralization occurs in low-to medium-grade metamorphic host-rocks (graphitic and sericitic schists). Hydrothermal fluids, which are associated with the emplacement of Cretaceous-Tertiary granodioritic intrusions, are responsible for the formation of quartz veins and the hydrothermal alteration of wall-rocks. Three main altered zones have been detected in the wall-rocks as far as 150 cm from the quartz veins. The distal zone (up to 50-cm thick) contains quartz, chlorite and illite. The intermediate zone is the thickest (up to 80 cm) and is marked by quartz, muscovite, sulphides, kaolinite and native elements such as Au and Ag. The proximal zone, which is close to the quartz veins, is rather thin (up to 25 cm) and contains clay minerals, Al-oxides-hydroxides and sulphides. The transition from the distal to the proximal zone is accompanied by the enrichment of SiO2 and the depletion of all other major elements, except for Fe2O3(tot). Precious metals occur in the highest concentrations in the intermediate zone (Au up to 7.6 ppm and Ag up to 11 ppm). We suggest that gold was transported as a reduced sulphur complex and was precipitated from the hydrothermal solution by the reaction of the sulphur complexes with Fe2+ from the alteration of the mafic minerals of the host-rock. Fluid–wall-rock interactions seem to be the main cause of gold mineralization. Genetic relationships with a strike-slip fault system, hydrothermal alteration zones within the metamorphic wall-rocks, and an entire set of geochemical anomalies are consistent with orogenic-type gold deposits of the epizonal class