Numerous heavy-mineral placer deposits occur in the upper part of the Upper Cretaceous Point Lookout Sandstone on the Ute Mountain Ute Indian Reservation of southwestern Colorado and northwestern New Mexico. Measured sections and stratigraphic observations at deposit outcrops confirm a foreshore or beach origin of the deposits, and alignment of their exposures defines a northwestsoutheast-oriented linear shoreline system. This depositional setting gives the deposits a predictable shape and trend that allows speculation about their subsurface extent. At least five of the known deposits have potential for subsurface extension.