Geochemistry of Wall Rock Alteration at the Waihi and Favona Epithermal Deposits, New Zealand

The world-class Waihi (>6.6 Moz Au, >41.8 Moz Ag) and adjacent Favona (>0.5 Moz Au) deposits are within a single volcanic-hosted epithermal Au-Ag district located in the southern Coromandel Peninsula, New Zealand. Gold and silver mineralised quartz veins at both deposits are hosted in porphyritic andesite flows of the Waipupu Formation. Both deposits have veins surrounded by intense widespread hydrothermal alteration that is characterised by the assemblage of quartz, pyrite, adularia, illite or interstratified illite-smectite, plus less common chlorite and albite, which is locally overprinted by minor calcite or rare kaolinite. Quantitative mass transfer calculations using Gresen's general metasomatic equation indicate that hydrothermally altered andesite at both deposits is enriched in silicon, potassium, rubidium, barium, sulphur, gold, arsenic and antimony, whereas sodium, strontium and calcium are mostly lost. Iron and magnesium show mixed gain and loss. Element gain or loss can be directly related to the prevailing alteration mineralogy. Addition of potassium, rubidium and barium coupled with the concomitant loss of sodium, strontium and calcium in intensely altered wall rocks corresponds to the replacement of plagioclase by adularia or illite. Partial retention of sodium and calcium reflects the presence of hydrothermal albite and calcite, respectively. Mass balance calculations show distinct element gain and loss that can be related to the intensity and type of alteration mineralogy. However, because most rocks are intensely altered and the progression into less altered peripheral rocks is not observed in this study, the lateral extent of elements gain or loss is unconstrained with anomalies extending at least 200 to 300 m away from major veins.