Abstract:Majiayao gold deposit is located in the east of Panma gold field in QixiaPenglaiFushan gold metallogenic belt in Jiaodong Peninsula. In this paper, fluid inclusion and S isotope of typical ores in main metallogenic stages have been analyzed and tested. It is showed that the fluid inclusions in the ore are mainly pure liquid inclusions and rich liquid inclusions, gas rich inclusions and H2OCO2 threephase inclusions are developed locally, and a small amount of threephase inclusions with daughter minerals can be seen. The homogenization temperature of inclusions is concentrated in 220~280℃. The salinity of quartz fluid inclusions are concentrated in 4.60%~8.60%, but the salinity of dolomite fluid inclusions are concentrated in 5.14%~5.33%. The density of fluid is concentrated at 0.80~1.02g/cm3. The estimated metallogenic pressure is 200~285MPa, corresponding to the depth of 6.8~9.7km. The δ34S value of pyrite in the ore is generally 5.3‰~15.9‰. The oreforming fluid is a medium temperature, low density and low salinity fluid with the characteristics of crustmantle mixed source. Majiayao gold deposit belongs to a medium temperature and medium depth hydrothermal deposit.