The Machangqing Cu–Mo (Au) deposit is located in the central part of the Jinshajiang–Red River belt in Sanjiang orogen, which lies across the Qiangtang terrane and western Yangtze craton, SW China. Zircon U–Pb dating constrains that the granite porphyry and porphyritic granite emplacement occurred at 35.92 ± 0.31 Ma and 34.92 ± 0.31 Ma, respectively. The Re–Os model ages of molybdenite are 34.94 ± 0.38 Ma. The new ages here along with previously published data in region define a short duration of potassic magmatism and mineralization from 34 Ma to 37 Ma in Jinshajiang–Red River belt. Zircon Ce4+/Ce3+ values of the porphyritic granite and granite porphyry vary from 50.32 to 1579.20 (averaging 481.01) and 33.18 to 1511.80 (averaging 452.98), respectively, and the log(fo2) values vary from -6.66 to -23.86 and -9.88 to -25.18, respectively, which plot within the range of FMQ to MH, indicating an oxidized magma source, which may have facilitated the Cu–Au enrichment. Zircons from granitoids show εHf(t) values ranging from −0.75 to +2.33 and crustal model ages between 0.9 and 1.1 Ga. The features of Lu-Hf isotopes and wide range of Mg#, Cr and Ni contents imply that the magmas of the Machangqing granitoids were probably derived from partial melting of juvenile lower crust and mixed with some mantle melts. Combined with the features of the Machangqing granitoids, the following evolution process are concluded. During the Cenozoic, the India–Asia continental collision triggered upwelling of hot asthenosphere and underplating the thickened juvenile lower crust, which caused the formation of mafic and felsic magmas. Those magmas ascended, mixed, crystallized, and formed Machangqing ore-bearing granitoids in an intracontinental extension setting.
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