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Giant gold deposits are defined as those containing > 200 metric tons Au, and bonanza deposits as those containing > 30 metric tons Au averaging at least 30 g/t (1 oz/t). Sixteen giant and/or bonanza gold deposits around the Pacific rim are compared and contrasted in an attempt to determine the factor(s) controlling their development in the epithermal environment.

Metallogenic (regional) controlling factors seem to be excluded by the wide variety of tectonic, crustal, and petrochemical settings in which the deposits occur. The deposits are present in neutral, extensional, and, less commonly, compressive arcs. Extension may be concentrated within or behind principal arcs either during active subduction or immediately after cessation of subduction. Mineralized crust ranges from cratonic to primitive island arc. The petrochemisty of genetically related igneous rocks may be calc-alkaline or alkaline, with some extension-related suites being bimodal in character. Deposits are not confined to the proximity of major crustal faults or lineaments. The data base does suggest, however, that unusual arc settings characterized by tectonic complexity and relatively uncommon igneous rock compositions, especially the alkaline suite, are more prospective for giant and bonanza gold deposits than “normal”, andesite-dominated arcs.

Deposit- or district-scale factors also cannot be isolated as unique controls of giant or bonanza status. All epithermal deposit types, both high and low sulfidation, may develop exceptional tonnages and/or grades. No single mineralization style or local structural or lithologic setting acts as a universal control. Most deposits are parts of volcanic centers, but these may be dome complexes, maar-diatreme systems, calderas, or stratovolcanoes. Nor do the number or sequence of mineralizing events, the depth of gold deposition, or the inferred mechanism of gold precipitation influence profoundly the formation of all giant and bonanza gold deposits.

In the absence of any specific causative factor(s) of a regional or local character, it is difficult to avoid the empirical truism that supply of an unusually large amount of gold to the deposit site is the basic requirement. Large volumes of auriferous fluids may explain giant deposits, but exceptionally gold-rich fluids need to be invoked for generation of bonanzas. However, it is proposed that these fluid requirements must be combined with fortuitous geologic parameters or circumstances at the site of gold deposition if giant and/or bonanza rather than ordinary gold deposits are to develop in the epithermal environment.

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