This is a glacier "bleeding" delicious primordial ooze (high-res shot HERE) it picked up a couple million years ago. You all know what that means, don't you? I'm gonna chug a Big Gulp-full and turn into a ninja turtle!
Roughly 2 million years ago, the Taylor Glacier sealed beneath it a small body of water which contained an ancient community of microbes. Trapped below a thick layer of ice, they have remained there ever since, isolated inside a natural time capsule. Evolving independently of the rest of the living world, these microbes exist without heat, light, or oxygen, and are essentially the definition of "primordial ooze." The trapped lake has very high salinity and is rich in iron, which gives the waterfall its red color. A fissure in the glacier allows the subglacial lake to flow out, forming the falls without contaminating the ecosystem within.
Interesting. Tell me -- you think there's any dino-juice in there? Haha, what do you mean dinosaurs died out over 65 million years ago?
....THE EARTH'S THAT OLD?!
Thanks to Katie, who agrees we should freeze the stuff and sell it as ice cubes for people who want to morph into other things.