In adjustment to fulfill the requirements of the investigation regarding the lower Cretaceous sandstone uranium deposit in the Naogaodai area within the northwest of Ordos Basin, twenty-seven sandstone samples obtained from the Lower Cretaceous Huanhe Formation were analyzed for major, trace and rare earth elements (REE). The source of clastic and tectonic background was additionally analyzed. The results show that Huanhe sandstone is feldspar rich sandstone, and also the mineral composition is principally quartz, albite and plagioclase; the ratio of light to heavy rare earth elements (LREE/HREE) is 9.25–10.83, with an average value of 10.00; (La/Yb)CN is 10.20–12.53, with an average value of 11.24, demonstrating that LREE is enriched and fractionated compared with HREE. REE distribution patterns are similar, which additionally reveals that Huanhe sandstone has a homogenous source; the Index of Compositional Variability (ICV) value is 1.17–1.73, with an average value of 1.35, both greater than 1, showing an immature property, which may be first-order cycle deposition. The average value of the Chemical Index of Alteration (CIA) is 50.29, suggesting that the source rock has encountered weak chemical weathering; sandstones are near-source first-cycle provenance, which is not significantly influenced by sedimentary sorting and recycling. The geochemical qualities further indicate that Huanhe sandstone was deposited in a passive margin and experienced moderate weathering.