The Jinchang porphyry Au-Cu deposit in Northeast China has recently shown significant cobalt (Co) enrichment. Before the precipitation of Co-rich sulfides during the main mineralization stage, magnetite and hematite precipitation occurred. Based on the different morphological characteristics of magnetite, it can be classified into mushketovite Mag1 (aspect ratio > 5) and granular Mag2 (aspect ratio < 2) and further subdivided into four subtypes: Mag1-1, Mag1-2, Mag2-1 and Mag2-2. The platy Mag1 is mushketovite, replacing early hematite. The granular Mag2, with well-defined 120° triple junction textures, formed through fluid-assisted recrystallization processes. Mag1 has a trace element composition very similar to the precursor hematite, indicating that the trace element characteristics of Mag1 were inherited from hematite and do not reflect the trace element composition of the fluid at the time of its formation. Mag2 has higher contents of Ti, V, Al, Mg, Si, Mn, Co and Ni, reflecting the trace element characteristics of the fluid in equilibrium with Mag2 during its formation. The early precipitation of magnetite and hematite can effectively inhibit the premature incorporation of Co into sulfides, thereby promoting pre-enrichment of Co in the fluid. While the precipitation of magnetite and hematite can increase the Co/Fe ratio in the residual fluid, it does not directly cause the high Co enrichment in sulfides within the Jinchang deposit. However, the precipitation of magnetite facilitates the migration of Co from mafic magma into ore-forming fluids under acidic and oxidizing conditions, which may be a contributing factor to the Co enrichment in Jinchang deposit.
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