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September 2018
Background: IOA and IOCG
Shared
Characteristics
Background: IOA and IOCG
Extensive Na-Ca alteration Sources of strategic metals
Shared
Characteristics
Background: IOA and IOCG
Extensive Na-Ca alteration Sources of strategic metals
Shared
Structurally controlled Characteristics Abundant Fe-oxides
Background: IOA and IOCG
Extensive Na-Ca alteration Sources of strategic metals
Shared
Structurally controlled Characteristics Abundant Fe-oxides
~800 km long
Lower Cretaceous
Structurally controlled by the
Brine
Atacama Fault System
(AFS)
Spatial and temporal
association between IOA
and IOCG deposits
IOA prospect
Estimated resources from geophysical
surveys:
3100 million tonnes of 24.8% Fe
28000 m diamond drilling
Vanadium rich
Magnetite as massive bodies or as veins
in stockworks
Chlorite-Actinolite alteration
https://www.quinceironchile.com/
Candelaria
IOCG deposit
Single drill core
496 m long
Scale
1:1000
Samples and methods
Candelaria
6 drill cores from the Punta del
Cobre district.
Including Candelaria’s deepest
exploration hole: ~1km
beneath the surface
A
Results – Textures in Quince
3 types of magnetite textures:
Fe-Ti oxides along grain
A boundaries, and filling
interstices.
Magnetite grains meeting at
triple junctions.
Results – Textures in Candelaria
B
A
Skarn
mag
Fe-Ti, V
mag
Deep
Mid ilm
Shallow
Results – Deep
Skarn
mag
Fe-Ti, V
ilm
ilm
mag
Results – Deep
Skarn
mag
Fe-Ti, V
ilm
ilm
mag
Results – Mid
Skarn
Fe-Ti, V
Results – Mid
Skarn
Fe-Ti, V
Results – Shallow
Skarn
Fe-Ti, V
Results – Shallow
Skarn
Fe-Ti, V
Results – Summary
Skarn
Big chemical variability
with depth.
Fe-Ti, V
Textures show such
variations.
Quince and deep
Candelaria samples
are Ti enriched.
Moving “up” in the
system, trace
Depth
elements in the
magnetite get
depleted.
Results – Summary
Big chemical variability
Skarn with depth.
Textures show such
Fe-Ti, V variations.
Quince and deep
Candelaria samples
are Ti enriched.
Moving “up” in the
system, trace
elements in the
Depth
magnetite get
depleted.
Data follow cooling
trend (gray arrow).
From Simon et al. (2018) Results – Isotopes
Results – Isotopes
Discussion
~300 °C
Magnetite +
Sulfides
precipitate
IOCGs
>500 °C
IOAs
Modified from
Simon et al.
(2018)
Conclusions
Textures: consistent with syn- or post-mineralization dissolution-
reprecipitation, re-equilibration processes.
Conclusions
Textures: consistent with syn- or post-mineralization dissolution-
reprecipitation, re-equilibration processes.
“Flotation model” as single genetic process for the formation of IOA and
IOCG deposits.
Selected References
1) Knipping et al. (2015). Trace elements in magnetite from massive iron
oxide-apatite deposits indicate a combined formation by igneous and
magmatic-hydrothermal processes. Geochimica et Cosmochimica Acta.
2) Nadoll et al. (2014). The Chemistry of hydrothermal magnetite: A review.
Ore Geology Reviews.
3) Simon et al. (2018). Kiruna-type iron oxide – apatite (IOA) and iron oxide –
copper – gold (IOCG) deposits form by a combination of igneous and
magmatic-hydrothermal processes: Evidence from the Chilean Iron belt.
Society of Economic Geologists Special Volume, Keystone.
4) SRK Consulting. (2017). Technical Report for the Candelaria Copper Mining
Complex, Atacama Region, Region III, Chile.
5) https://www.quinceironchile.com/