Importance of Magmatic Water Content and Oxidation State for Porphyry-Style Au Mineralization: An Example from the Giant Beiya Au Deposit, SW China

The Beiya Au deposit is the largest Cenozoic Au deposit in the Jinshajiang-Ailaoshan porphyry metallogenic belt. Numerous studies document that high water content and fO2 are vital factors for the generation of Au mineralization. In this belt, only the Wandongshan and Hongnitang districts are considered to be of economic importance, while the other districts, such as Bailiancun, are barren. So in order to reveal the importance of water content and oxidation state for Beiya porphyry-style Au mineralization, the amphiboles and zircons compositions are used to evaluate the physicochemical conditions (e.g., pressure, temperature, fO2, and water content) of the Wandongshan ore-fertile porphyries and Bailiancun ore-barren porphyries observed in the Beiya Au deposit. The results show that the water content of the Wandongshan parent magma (≤4.11 ± 0.4 wt %) are slightly higher than those of the parent magma at Bailiancun (≤3.91 ± 0.4 wt %), while the emplacement pressure of the Wandongshan parent magma (31.5–68.6 MPa) is much lower than that of the parent magma at Bailiancun (142.3–192.8 MPa), indicating that the Wandongshan magma reached water saturation earlier. In addition, the Wandongshan porphyries crystallized from more oxidized magma (average of ΔFMQ = +3.5) with an average temperature of 778 °C compared to the Bailiancun porphyries (average of ΔFMQ = +1.5) with a mean magmatic temperature of 770 °C. The Ce4+/Ce3+ ratio of zircon in the Wandongshan ore-related intrusions (average Ce4+/Ce3+ of 62.00) is much higher than that of the Bailiancun barren porphyries (average Ce4+/Ce3+of 23.15), which further confirmed Wandongshan ore-related magma is more oxidized than the Bailiancun barren magma. Therefore, melts that are more enriched in water and with a high oxidation state will be more fertile to form an economic porphyry-style Au system