Mounties say it happened Thursday night at the Samson Cree townsite in Maskwacis.
They say the dead man was from Maskwacis and that it was not a random act.
RCMP say an autopsy was being performed to find out the cause of death.
Earlier this week, the federal government announced it will spend nearly $3 million to help prevent gang violence on the reserves that make up the central Alberta community.
The project is called the Maskwacis Youth Initiative after the new name for the area, which includes the Samson, Ermineskin, Montana and Louis Bull Cree Nations.
Officials say the money will be used to work with 600 aboriginal youth between the ages of 14 and 25 who are either involved with gangs or at risk of gang involvement and violent behaviour.
The program will include promoting education, job skills and counselling.
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