The genetic link between magmas and ore deposit formation is well documented by studies of fossil hydrothermal systems associated with magmatic intrusions at depth. However, the role of explosive volcanic processes as active agents of mineralization remains unexplored owing to the fact that metals and volatiles are released into the atmosphere during the eruption of arc volcanoes. Here, we draw on observations of the uniquely preserved El Laco iron deposit in the Central Andes to shed new light on the metallogenic role of explosive volcanism that operates on a global scale. The massive magnetite (Fe3O4) ore bodies at El Laco have surface structures remarkably similar to basaltic lava flows, stimulating controversy about their origin. A long-standing debate has endured because all proposed models were constructed based exclusively on samples collected from surface outcrops representing the uppermost and most altered portion of the deposit. We overcome this sampling bias by studying samples retrieved from several drill cores and surface outcrops. Our results reveal complex lithological, textural and geochemical variations characterized by magmatic-like features and, most notably, a systematic increase in titanium concentration of magnetite with depth that account for an evolving system transitioning from purely magmatic to magmatic-hydrothermal conditions. We conclude that El Laco, and similar deposits worldwide, formed by a synergistic combination of common magmatic processes enhanced during the evolution of caldera-related explosive volcanic systems.

Iron oxide copper-gold (IOCG) and iron oxide-apatite (IOA) deposits are major sources of Fe, Cu, and Au. Magnetite is the modally dominant and commodity mineral in IOA deposits, whereas magnetite and hematite are predominant in IOCG deposits, with copper sulfides being the primary commodity minerals. It is generally accepted that IOCG deposits formed by hydrothermal processes, but there is a lack of consensus for the source of the ore fluid(s). There are multiple competing hypotheses for the formation of IOA deposits, with models that range from purely magmatic to purely hydrothermal. In the Chilean iron belt, the spatial and temporal association of IOCG and IOA deposits has led to the hypothesis that IOA and IOCG deposits are genetically connected, where S-Cu-Au–poor magnetite-dominated IOA deposits represent the stratigraphically deeper levels of S-Cu-Au–rich magnetite- and hematite-dominated IOCG deposits. Here we report minor element and Fe and O stable isotope abundances for magnetite and H stable isotope abundances for actinolite from the Candelaria IOCG deposit and Quince IOA prospect in the Chilean iron belt. Backscattered electron imaging reveals textures of igneous and magmatic-hydrothermal affinities and the exsolution of Mn-rich ilmenite from magnetite in Quince and deep levels of Candelaria (>500 m below the bottom of the open pit). Trace element concentrations in magnetite systematically increase with depth in both deposits and decrease from core to rim within magnetite grains in shallow samples from Candelaria. These results are consistent with a cooling trend for magnetite growth from deep to shallow levels in both systems. Iron isotope compositions of magnetite range from δ56Fe values of 0.11 ± 0.07 to 0.16 ± 0.05‰ for Quince and between 0.16 ± 0.03 and 0.42 ± 0.04‰ for Candelaria. Oxygen isotope compositions of magnetite range from δ18O values of 2.65 ± 0.07 to 3.33 ± 0.07‰ for Quince and between 1.16 ± 0.07 and 7.80 ± 0.07‰ for Candelaria. For cogenetic actinolite, δD values range from –41.7 ± 2.10 to –39.0 ± 2.10‰ for Quince and from –93.9 ± 2.10 to –54.0 ± 2.10‰ for Candelaria, and δ18O values range between 5.89 ± 0.23 and 6.02 ± 0.23‰ for Quince and between 7.50 ± 0.23 and 7.69 ± 0.23‰ for Candelaria. The paired Fe and O isotope compositions of magnetite and the H isotope signature of actinolite fingerprint a magmatic source reservoir for ore fluids at Candelaria and Quince. Temperature estimates from O isotope thermometry and Fe# of actinolite (Fe# = [molar Fe]/([molar Fe] + [molar Mg])) are consistent with high-temperature mineralization (600°–860°C). The reintegrated composition of primary Ti-rich magnetite is consistent with igneous magnetite and supports magmatic conditions for the formation of magnetite in the Quince prospect and the deep portion of the Candelaria deposit. The trace element variations and zonation in magnetite from shallower levels of Candelaria are consistent with magnetite growth from a cooling magmatic-hydrothermal fluid. The combined chemical and textural data are consistent with a combined igneous and magmatic-hydrothermal origin for Quince and Candelaria, where the deeper portion of Candelaria corresponds to a transitional phase between the shallower IOCG deposit and a deeper IOA system analogous to the Quince IOA prospect, providing evidence for a continuum between both deposit types.

Iron oxide-copper-gold (IOCG) deposits are a globally important source of copper, gold and critical commodities. Despite their relevance, IOCG deposits remain an ill-defined clan, with a range of characteristics that has complicated development of the general genetic model. Here we focus on the Candelaria IOCG deposit in Chile and reveal that by using micro-textural and compositional variations in actinolite, a common alteration mineral found in many IOCG deposits, we can constrain the evolution of these systems. We demonstrate that Candelaria formed by the superposition of at least two pulses of mineralization with a late Cu-rich event overprinting and superimposed over an early, and probably higher temperature, iron oxide-apatite (IOA) mineralization event. These distinct pulses were likely caused by episodic injections of magmatic-hydrothermal fluids from crystallizing magmas at depth. Our data provide empirical evidence of grain-to-deposit scale compositional and potentially temperature changes in an IOCG system. The results support the use of actinolite chemistry as a novel approach to understand the formation of IOCG deposits and a potential tool for vectoring in exploration.

Iron oxide-copper-gold deposits are a globally important source of copper, gold and critical commodities. However, they possess a range of characteristics related to a variety of tectono-magmatic settings that make development of a general genetic model challenging. Here we investigate micro-textural and compositional variations in actinolite, to constrain the thermal evolution of the Candelaria iron oxide-copper-gold deposit in Chile. We identify at least two mineralization stages comprising an early 675–800 °C iron oxide-apatite type mineralization overprinted by a later copper-rich fluid at around 550–700 °C. We propose that these distinct stages were caused by episodic pulses of injection of magmatic-hydrothermal fluids from crystallizing magmas at depth. We suggest that the mineralisation stages we identify were the result of temperature gradients attributable to changes in the magmatic source, rather than variations in formation depth, and that actinolite chemistry can be used as a proxy for formation temperature in iron oxide-copper-gold systems.

Iron oxide copper-gold (IOCG) deposits are major sources of Cu, contain abundant Fe oxides, and may contain Au, Ag, Co, rare earth elements (REEs), U, and other metals as economically important byproducts in some deposits. They form by hydrothermal processes, but the source of the metals and ore fluid(s) is still debated. We investigated the geochemistry of magnetite from the hydrothermal unit and manto orebodies at the Mina Justa IOCG deposit in Peru to assess the source of the iron oxides and their relationship with the economic Cu mineralization. We identified three types of magnetite: magnetite with inclusions (type I) is only found in the manto, is the richest in trace elements, and crystallized between 459° and 707°C; type Dark (D) has no visible inclusions and formed at around 543°C; and type Bright (B) has no inclusions, has the highest Fe content, and formed at around 443°C. Temperatures were estimated using the Mg content in magnetite. Magnetite samples from Mina Justa yielded an average δ56Fe ± 2σ value of 0.28 ± 0.05‰ (n = 9), an average δ18O ± 2σ value of 2.19 ± 0.45‰ (n = 9), and Δ’17O values that range between –0.075 and –0.047‰. Sulfide separates yielded δ65Cu values that range from –0.32 to –0.09‰. The trace element compositions and textures of magnetite, along with temperature estimations for magnetite crystallization, are consistent with the manto magnetite belonging to an iron oxide-apatite (IOA) style mineralization that was overprinted by a younger, structurally controlled IOCG event that formed the hydrothermal unit orebody. Altogether, the stable isotopic data fingerprint a magmatic-hydrothermal source for the ore fluids carrying the Fe and Cu at Mina Justa and preclude significant input from meteoric water and basinal brines.