In southern Chile, with a mild and rainy climate, high levels of heavy metals have been detected in many gold placer deposits. Many of the contaminants pose risks to human life, and consequently damage the trofic chain in this environment. The study zones selected correspond to the handicraft gold-bearing sands of Rio Gato (Los Muermos), Carelmapu and Cucao. These are all located in the X Region of “Los Lagos” in Chile. The type of methodology used in the characterization of the associated mineralization consists of testing each representative sample with a grain size distribution, statistical parameter analysis and a mineralogical analysis, using a binocular magnifying glass, a petrographic microscope, XRD and SEM/EDX. The chemical composition was defined by means of X ray fluorescence and micro-chemical analysis. The results of the study about sediments in southern Chile are presented. The major concentrations of heavy minerals are generally located in areas of dynamic river energy. In the samples, more than 70% of the heavy minerals were distributed among grain sizes corresponding to thin sand with good grain selection (meshes of 0.25–0.06 mm). The main mineral phases present in the analysed samples were gold, zircon, olivine, ilmenite, hornblende, hypersthene, hematite, garnet, chromite, chlorite, augite, amphibolitic-epidote, etc. The main heavy metals found as a result of the study were mercury, lead, cadmium, chrome, tellurium, indium, zinc, cobalt, copper, platinum, gold, etc., and as well some less common elements like cerium, praseodymium, gadolinium, neodymium, samarium and lanthanum. This research work is only a starting point for carrying out a risk probability mapping of heavy metals and the mineralogy of the Cucao, Carelmapu and Rio Gato gold-bearing sands.