The data presented in this work introduce substantial corrections into the Upper Cenozoic stratigraphy and geological history of Gornyi Altai. They provide evidence for the most ancient Early Pleistocene glaciation in this region. This follows from finds of faceted boulders buried in the Bashkaus Formation. Pale-omagnetic investigations revealed in the latter a wide zone of negative polarity corresponding to the Matuyama Chron in the magnetostratigraphic scale and made it possible to correlate the formation with the Lower Pleistocene in the standard stratigraphic scale. It is shown that global cooling at the beginning of the Quaternary Period stimulated development of glaciation on the southern slope of the Kuraiskii Range exceeding in size its present-day scale.