Geology, Geochemistry and Geochronology of the Midas Epithermal Gold System, Nevada

The Midas epithermal system is one of the larger low-sulfidation epithermal vein systems discovered in the western US in recent years, containing in excess of 3 Moz of gold (premining). The deposit is spatially and temporally related to bimodal volcanism in the Northern Nevada Rift; dates on igneous rocks (16 - 14.7 Ma) bracket the age of high grade veins (15.3 Ma). Hydrothermal alteration at Midas is typical of epithermal systems, comprising proximal potassic through distal propylitic assemblages; in contrast to many epithermal systems, Midas has minimal development of wallrock illite/sericite. Mineral assemblages are clearly zoned on the vein structures that acted as focal planes for fluid upflow. Geochemical zoning patterns also show this zoning. Metals were deposited in open-space veins as the result of boiling of hydrothermal fluids; multiple episodes of crustiform mineral deposition are documented in the vein textures. The major vein minerals include quartz, adularia, calcite, selenides and sulfides, with electrum as the primary ore mineral. REE patterns for vein material are similar to patterns for coeval rhyolites, but distinctly different from patterns of the host rocks. Stable isotope data are consistent with meteoric water as the dominant ore fluid. Combined REE and stable isotope data suggest that fluid from which the main ore-bearing stage of the veins was deposited was slightly lower pH than other stages.