Source waters and flow paths of streamflow draining high-elevation catchments of the Colorado Rocky Mountains were determined using isotopic and geochemical tracers during the 1996 snowmelt runoff season at two subcatchments of the Green Lakes Valley, Colorado Front Range. A two-component hydrograph separation using δ¹⁸O indicates that new water dominated (82 ± 6%) streamflow at the 8-ha Martinelli catchment and old water dominated (64 ± 2%) at the 225-ha Green Lake 4 (GL4) catchment. Snowmelt became isotopically enriched as the melt season progressed, complicating the interpretation of source water models. Thus old water may be underestimated if the temporal variation in δ¹⁸O of snowmelt is ignored or extrapolated from point measurements to the catchment. Two-component hydrograph separations for unreacted and reacted waters using a single geochemical tracer were not always meaningful. Three-component hydrograph separations using end-member mixing analysis indicated that subsurface flow contributed more than two thirds to the streamflow at both catchments. Talus fields contributed more than 40% of the total discharge during summer at the GL4 catchment. A conceptual model was established for flow generation based on these results. It is suggested that surface water and groundwater interactions are much more important to the quantity and quality of surface water in high-elevation catchments than previously thought.