Exploration and research related to porphyry deposits

"The Cordillera contains numerous porphyry deposits and prospects, many containing economic quantities of copper, molybdenum, gold and tungsten. Over the lost twenty years, different phases of exploration have been driven by individual commodity prices and new discoveries. Exploration methods have remained largely unchanged since the 1960s and 1970s with the range of techniques chosen for each situation depending on the stage of the program, the type of porphyry target and the local environment. Improvements or changes to techniques have resulted from awareness of specific features in new deposits or regional problems. During the last ten years much of the emphasis has been on the re-evaluation of known porphyry deposits with more exploration in areas previously recognized as prospective. Re-evaluation of known deposits has resulted in increased reserves, often with improved gold grade, and the discovery of new zones. Several new deposits have been discovered including gold-only deposits of probable porphyry affinity.Research related to porphyry deposits has followed trends in exploration and has been directed toward the type of deposits that have been of current interest. In addition to research on specific deposits and areas, general research related to porphyry deposits has addressed three broad themes. The first theme involves the role of tectonic processes and the nature of source regions. Although different in detail, recent tectonic models suggest that a tectonic change or hiatus may be important for the generation of metal-rich magmas from various source regions and subsequent fractionation that permits volatile saturation. The second theme is based on magmatic processes, particularly the generation of a volatile phase enriched in metals. This research supports the general orthomagmatic model for porphyry deposits and has helped to define the influence of specific variables in the generation of different types of porphyry deposits. Finally, research on alteration and mineralization has provided evidence for different types of fluids and fluid processes involved in the formation of porphyry deposits. These data also support the orthomagmatic model but indicate additional complexity in magmatic-hydrothermal systems including the role of external fluids. Although important advances have been made, research has had a limited impact on exploration.Exploration and research on deposits that occur in the peripheral and upper parts of porphyry systems have been important over the last ten years. Although considerable advances have been made, the relationship of different styles of peripheral mineralization to magmatic processes in the core of the system remains ambiguous. An improved understanding of the processes that generate zoning, peripheral mineralization, and the surrounding alteration envelopes would be beneficial to exploration."