The Mupane gold deposit, which is one of the numerous gold occurrences in the Tati Greenstone Belt in the northeastern part of Botswana, consists of four orebodies, namely Tau, Tawana, Kwena, and Tholo deposits. The present research, which focuses on the genesis of the Tau deposit, was based on ore petrography, mineral chemistry of sulfides, and sulfur isotope data. Mineralogical characteristics of the host rocks indicate that banded iron formation at the Tau deposit includes iron oxides (magnetite), carbonates (siderite and ankerite), silicates (chlorite and amphibole), and sulfides (arsenopyrite and pyrrhotite). The deposit features arsenopyrite‐rich zones associated with biotite‐chlorite veins, which are indicative of the precipitation of arsenopyrite concomitant with potassic alteration. The replacement of magnetite by pyrrhotite in some samples suggests that sulfidation was likely the dominant gold precipitation mechanism because it is considered to have destabilized gold‐thiocomplexes in the ore‐forming fluids. Based on textural relationships and chemical composition, arsenopyrite is interpreted to reflect two generations. Arsenopyrite 1 is possibly early in origin, sieve textured with abundant inclusions of pyrrhotite. Arsenopyrite 1 was then overgrown by late arsenopyrite 2 with no porous textures and rare inclusions of pyrrhotite. Gold mineralization was initiated by focused fluid flow and sulfidation of the oxide facies banded iron formation, leading to an epigenetic gold mineralization. The mineralogical assemblages, textures, and mineral chemistry data at the Tau gold deposit revealed two‐stage gold mineralizations commencing with the deposition of invisible gold in arsenopyrite 1 followed by the later formation of native gold during hydrothermal alteration and post‐depositional recrystallization of arsenopyrite 1. Laser ablation inductively coupled plasma mass spectrometric analysis of arsenopyrite from the Tau deposit revealed that the hydrothermal event responsible for the formation of late native gold also affected the distribution of other trace elements within the grains as evidenced by varying trace elements contents in arsenopyrite 1 and arsenopyrite 2. The range of δ34S of gold‐bearing assemblages from the Tau deposit is restricted from +1.6 to +3.9‰, which is typical of Archean orogenic gold deposits and indicates that overall reduced hydrothermal conditions prevailed during the gold mineralization process at the Tau deposit. The results from this study suggest that gold mineralization involved multi‐processes such as sulfidation, metamorphism, deformation, hydrothermal alteration, and gold remobilization.