This Master Thesis describes Archean and Proterozoic gold deposit of the Fennoscandian Shield. The basic objective of the Thesis is to analyse well researched Archean and Proterozoic orogenic gold deposit within greenstone belts of Finland so that to develop some propositions for exploration and economical evaluation of poor explored and reserached but nevertheless fairly promising orogenic gold deposits within greenstone belts of the Kola peninsula, Russian part of the Fennoscandian Shield.