Within the framework of an Armenian–German research project, taking place between 2019 and 2021 on the Artanish Peninsula at Lake Sevan (Armenia), in addition to numerous (geo‐) archaeological investigations, methods of geochemical prospection have been carried out. The ancient burial grounds of Artanish 23 and Artanish 29 have served as model sites to successfully test the well‐known method of geochemical prospection and evaluation of metal deposits in geology (mineral sector). As a result, a new experimental archaeo‐geochemical prospecting and evaluation method has been developed, which has been adapted for the exploration of archaeological monuments. It is planned to use this experimental method (which we consider new and important in archaeogeochemical investigation, but not a conclusive and comprehensive work per se), which has already proven its work capacity, in archaeological research, in the prospective areas of Armenia and other countries. In addition to these investigations, research on the transformations in the landscape of the ancient tombs related to Lake Sevan fluctuations has also been carried out. The anthropogenic impact of humans on the environment (geochemical halos formed in the soil on the surface of the tombs) has been studied, as well as the problem of the impact of geological environment on human life activities, that is, the relocation of the burial grounds to more elevated areas due to the rise in the lake level. Based on the results of geochemical sampling and high‐resolution magnetometer surveys, excavations have been performed at the site. Here, we present the results of an experimental study exploring the potential of combined magnetometer prospection and chemical soil analyses to locate and characterize the burial ground of Artanish on Lake Sevan, Armenia. The results have demonstrated the capability of these analyses to detect the sites, outline hotspots and interpret the features identified in the magnetometer results.