Steven Doris earned us a point at Hampden but our slim play-off hopes are all but over after failure to win.
The result leaves us six points behind Queen’s Park and seven adrift of fourth-placed Annan with just four games remaining and another season in Ladbrokes League 2 beckons.
Binos boss Stuart McLaren, again without the injured Scot Buist, named an unchanged team to the one that beat East Stirlingshire 3-0 at Forthbank last weekend as we sought revenge for a 1-0 defeat here in November.
Gus MacPherson’s men, who had drawn 1-1 at leaders East Fife in their previous outing, were the better team in the first half and should have gone ahead in 27 minutes when Chris Smith brought down Paul Woods but the Albion No 1 made amends by saving Woods’ spot-kick.
The Spiders made the breakthrough two minutes before half-time when a misplaced header from Ross Forsyth allowed Chris Duggan to run clear and fire a low shot beyond Smith.
The on-loan Partick Thistle forward was denied a second goal by Smith before the break and Vince Berry blazed over the bar early in the second period as the hosts threatened again.
Our second-half display was a big improvement on the first and we equalised when Doris beat William Muir with a fine finish for his 12th goal of the season in 63 minutes.
With both teams desperate for all three points, there was a frantic finish to the game but neither side could conjure up a goal as it ended all square.
We remain without an away victory since beating Montrose in December while Queens’ Park have now drawn eight of their 14 games in 2016.
Queen’s Park: Muir, Mitchell, Burns, Berry (Brown 74), McGeever (Gibson 22), Wharton, Woods (Carter 75), McKernon, Duggan, Galt, McLeish.
Subs (not used): Bradley, McVey, Hynes, George (GK).
Scorer: Duggan 43
Stirling Albion: C Smith, McGeachie, Forsyth, Mazel (Dickson 65), Davidson, McMillan, Olanrewaju (Johnston 46), Comrie, Doris, McLear (Beattie 72), D Smith.
Subs (not used): McKinlay, Kavanagh, R Smith, Binnie (GK).
Scorer: Doris 63
Referee: Colin Steven