Abstract The Miocene Kışladağ deposit (~17 Moz), located in western Anatolia, Turkey, is one of the few global examples of Au-only porphyry deposits. It occurs within the West Tethyan magmatic belt that can be divided into Cretaceous, Cu-dominant, subduction-related magmatic arc systems and the more widespread Au-rich Cenozoic magmatic belts. In western Anatolia, Miocene magmatism was postcollisional and was focused in extension-related volcanosedimentary basins that formed in response to slab roll back and a major north-south slab tear. Kışladağ formed within multiple monzonite porphyry stocks and dikes at the contact between Menderes massif metamorphic basement and volcanic rocks of the Beydağı stratovolcano in the Uşak-Güre basin. The mineralized magmatic-hydrothermal system formed rapidly (<400 kyr) between ~14.75 and 14.36 Ma in a shallow (<1 km) volcanic environment. Volcanism continued to at least 14.26 ± 0.09 Ma based on new age data from a latite lava flow at nearby Emiril Tepe. Intrusions 1 and 2 were the earliest (14.73 ± 0.05 and 14.76 ± 0.01 Ma, respectively) and best mineralized phases (average median grades of 0.64 and 0.51 g/t Au, respectively), whereas younger intrusions host progressively less Au (Intrusion 2A: 14.60 ± 0.06 Ma and 0.41 g/t Au; Intrusion 2 NW: 14.45 ± 0.08 Ma and 0.41 g/t Au; Intrusion 3: 14.39 ± 0.06 and 14.36 ± 0.13 Ma and 0.19 g/t Au). A new molybdenite age of 14.60 ± 0.07 Ma is within uncertainty of the previously published molybdenite age (14.49 ± 0.06 Ma), and supports field observations that the bulk of the mineralization formed prior to the emplacement of Intrusion 3. Intrusions 1 and 2 are altered to potassic (biotite-K-feldspar-quartz ± magnetite) and younger but deeper sodic-calcic (feldspar-amphibole-magnetite ± quartz ± carbonate) assemblages, both typically pervasive with disseminated to veinlet-hosted pyrite ± chalcopyrite ± molybdenite and localized quartz-feldspar stockwork veinlets and sodic-calcic breccias. Tourmaline-white mica-quartz-pyrite alteration surrounds the potassic core both within the intrusions and outboard in the volcanic rocks. Tourmaline was most strongly developed on the inner margins of the tourmaline-white mica zone, particularly along the Intrusion 1 volcanic contact where it formed breccias and veins, including Maricunga-style veinlets. Field relationships show that the early magmatic-hydrothermal events were cut by Intrusion 2A, which was then overprinted by Au-bearing argillic (kaolinite-pyrite ± quartz) alteration, followed by Intrusion 3 and late-stage, low-grade to barren argillic and advanced argillic alteration (quartz-pyrite ± alunite ± dickite ± pyrophyllite). Gold deportment changes with each successive hydrothermal event. The early potassic and sodic-calcic alteration controls much of the original Au distribution, with the Au dominantly deposited with feldspar and lesser quartz and pyrite. Tourmaline-white mica and argillic alteration events overprinted and altered the early Au-bearing feldspathic alteration and introduced additional Au that was dominantly associated with pyrite. Analogous Au-only deposits such as Maricunga, Chile, La Colosa, Colombia, and Biely Vrch, Slovakia, are characterized by similar alteration styles and Au deportment. The deportment of Au in these Au-only porphyry deposits differs markedly from that in Au-rich porphyry Cu deposits where Au is typically associated with Cu sulfides.