There is a long history of non-governmental exploitation in the Huaqiao gold deposit in Jinping County, southeastern Guizhou. Based on the results of previous studies, tunnel geologic records and sampling work, this paper considered some new understandings of the geological characteristics. The geochemical abundance of gold in this area, the characteristics of wall rocks and tectonic geological processes are the three elements required for the formation of quartz veins with gold. This paper also showed that the shear broken zone and exploitation at deeper levels are the further mining orientation.