This paper presents evidence and arguments that carbonaceous sedimentary rocks were a source for Au and As in sediment-hosted orogenic and Carlin-type gold deposits and develops a corresponding genetic model. In this two-stage basin-scale model, gold and arsenic are introduced early into black shale and turbidite basins during sedimentation and diagenesis (stage 1) and concentrated to ore grades by later hydrothermal, structural, or magmatic processes (stage 2). In reduced continental margin basin settings, organic matter, sedimented under anoxic to euxinic conditions, immobilizes and concentrates gold, arsenic, and a range of trace elements (particularly V, Ni, Se, Ag, Zn, Mo, Cu, U) present in marine bottom waters, into fine-grained...