Large tropical mountain glacier (TMG) deposits on the northwest flanks of the Tharsis Montes and Olympus Mons volcanoes are interpreted to be the record of ancient climates characteristic of Mars several hundred million years ago when planetary spin-axis obliquity was ~45°. During this era, polar volatiles (predominantly H2O) were mobilized and transferred equatorward, undergoing adiabatic cooling on the Tharsis volcano flanks, and precipitating snow and ice to form cold-based tropical mountain glaciers up to several kilometers in thickness. Subsequent climate change resulted in retreat, sublimation and collapse of the tropical mountain glaciers, leaving the three typical facies observed today: (1) concentric ridges, the ridged facies, interpreted as drop moraines; (2) knobby facies, interpreted as debris-dominated sublimation residue; and (3) the smooth facies, interpreted as remnant alpine glacial deposits. Ring-mold craters (RMCs) are distinctive features formed by impacts into debris-covered ice. We describe a set of relatively fresh ring-mold craters superposed on the Arsia and Pavonis Mons TMG deposits; we interpret these to indicate that the impact events penetrated a veneer of sublimation lag and excavated buried remnant glacial ice, despite the lack of detection of buried ice by orbital radar instruments. The diameter distribution of the RMCs suggest that the remnant ice lies at a depth of at least 16m. The TMG deposit ages suggest that these ice deposits date from a period in the range of 125–220 million years before the present; the remnant ice may thus preserve records of the ancient atmospheric gas content and microbiota, as is common in terrestrial glacial ice. Preservation of this ice and the lack of any associated fluvial features suggest that the post-glacial climate has been cold, and related surface temperatures have not been sufficient to bring the buried deposits to the melting point of water.