The Changkeng gold-silver deposits consist of a sediment-hosted, disseminated gold deposit and a replacement-type silver deposit. The mineralizations of gold and silver are zoned and closely related to the silicification of carbonate and clastic rocks, so that siliceous ores dominate in the deposit. The mineralizing temperature ranges mainly from 300 to 170℃, and K+, Na+, Ca2+, Mg2+, and Cl- are the major ions in the ore-forming fluid. Calculations of distribution of metal complexes show that gold is mainly transported by hydrosulphide complexes, but chloride complexes of silver, iron, lead, and zinc, which are transformed into hydroxyl and hydrosulphide complexes under neutral to weak-alkaline circumstances in the late stage, predominate in the ore-forming solutions. Water-rock interaction is confirmed to be the effective mechanism for the formation of silver ores by computer modelling of reaction of hydrothermal solution with carbonate rocks. The solubility analyses demonstrate that the precipitation