Since the freeing of the market price of gold in 1971. exploration for epithermal gold deposits in the southwest Pacific region has been intense, and has been encouraged by some major successes. Sufficient discoveries have been made to summarise what has been found to date, and to assess what implications may be drawn for future exploration. Data are tabulated for 137 epithermal precious metal deposits and prospects in Australia (30), Fiji (2). Indonesia (43 ). New Zealand (22), Palau and Yap (2), Papua New Guinea (18), the Philippines (19), and Solomon Islands (1).

Comparison of the character of epithermal deposits in the southwest Pacific with those in other regions (e.g., the northeastern Pacific margin) suggests that they are in most respects similar with, however, three differences: (i) through much of the region (especially the Philippines and Indonesia) low-sulfidation style deposits commonly show characteristics suggestive of formation at deeper levels than is typical elsewhere; (ii) high-sulfidation deposits appear to be more common than along the northeast Pacific margin; (iii) many of the largest deposits show atypical features, particularly those suggestive of a transition to porphyry or mesothermal conditions, or indicating overprinting of an epithermal system on a porphyry environment. These differences can be partly understood in terms of the tectonic setting and evolution of the volcanic arcs of the southwest Pacific, and the consequent hydrological conditions that existed during mineralization.

The results of exploration in the southwest Pacific indicate that, while the principles of formation of epithermal deposits still apply, deposit models developed in other tectonic/volcanic settings should not be rigidly applied. Gold explorers should first consider the character of the geologic environment at the time of mineralization to try to predict the hydrological conditions during mineralization. Once the likely volcanic environment and paleorelief have been established, then the types, distribution, and zoning of hydrothermal alteration, coupled with observations of deposit form, vein textures and mineralogy, will allow a judgement to be made on the level of system that is now exposed, and on the probable controls that localized mineralization.

The very dynamic character of the tectonic and volcanic setting throughout much of the southwest Pacific has resulted in deposits that reflect changes in the environment of the deposit, in some cases even while deposition was occurring. This has produced some deposits with unusual characteristics which could not have been predicted before exploration.

Geology and gold deposits of the Oatman district, northwestern Arizona

Geology and gold deposits of the Marysville mining district, Montana

Gold deposits of the Boulder County gold district, Colorado

Epithermal gold (± Cu & Ag) deposits form at shallower crustal levels than porphyry Cu-Au systems, and are primarily distinguished as low and high sulphidation using criteria of varying gangue and ore mineralogy, deposited by the interaction of different ore fluids with host rocks and groundwaters. Low sulphidation deposits are in turn further divided according to mineralogy related to the depth and environment of formation, while high sulphidation systems vary with depth and permeability control, and are distinguished from several styles of barren acid alteration.

Erdenetiin Ovoo, the largest porphyry copper-molybdenum deposit in Mongolia (1.78 Gt @ 0.62% Cu, 0.025% Mo), is exploited by the Erdenet mine. It is located within the Orkhon-Selenge volcano-sedimentary trough which was developed on an active continental margin. The geodynamic evolution of the trough involves an early intra-continental stage, comprising rifting of a shallow continental shelf, accompanied by the emplacement of sub-aerial Permian mafic and felsic, and Triassic mafic volcanics. The Permian volcanics are predominantly alkali-rich trachyandesites, occurring as interlay ered flows and pyroclastics of the Khanui Group, overlying a Vendian (late Neoproterozoic) to early Cambrian basement with Palaeozoic (Devonian) granitoid intrusions, and Carboniferous sediments. Plutons, ranging in composition from diorite to granodiorite, quartz syenite and leucogranite intrude the Permian volcanic succession and exhibit similar compositional trends as the host volcanics. This suggests the intrusions are related to, and possibly coeval with, the volcanic rocks. The Triassic Mogod Formation volcanics, which are largely composed of trachyte flows, trachyandesite and basaltiotrachyandesite, directly overlie the Permian sequence. Early Mesozoic porphyritic subvolcanic and hypabyssal intrusions, which are genetically associated with the trachyandesite volcanics, are related to a continental collisional setting. These include syn-mineral granodiorite-porphyry intrusions which form shallow bodies, occurring as elongated dykes or small, shallow stocks. These porphyries vary from quartz diorite through granodiorite to granite in composition. They are characterised by porphyritic textures (up to 40% phenocrysts) with plagioclase phenocrysts set in a fine-grained groundmass of K feldspar, and are found in the core of the hydrothermal systems, where they are associated with high-grade ore.