The Dahu lodegold deposit is situated in the Xiaoqinling district, hosted in the east-west-trending shear zones, and characterized by auriferous quartz vein-type. Based on the morphology and paragenetic assemblage, three generations of pyrite (termed as first-generation pyrite (Py1), Py2, and Py3) can be classified. The Py2 can be further identified as brittle fractured pyrite (Py2-B) and ductile deformed pyrite (Py2-D). The different generations of pyrites feature distinct contents and distribution patterns of Au and other trace elements. The coarse-grained, euhedral Py1, disseminating in the early formed pyrite-poor quartz veins, contained negligible to extremely low levels of Au and associated trace elements, probably indicating a slow growth rate from a hydrothermal fluid unsaturated with respect to Fe, S, and Au and other trace elements, such as Cu, Pb, Bi, and Te, during the early orestage. Py2, occurring as laminations in the auriferous quartz veins, consistently contained significant amounts of Au, Bi, and Te, with a strong positive correlation between these elements, probably indicating a rapid growth rate and concentrated precipitation process of pyrite due to a hydrothermal fluid supersaturated with respect to Fe, S, Au, and other trace elements during the pyrite-rich auriferous quartz veining. Py3, which precipitated in the polymetallic sulfide orestage, contained a small amounts of Ag and a dramatically decreased content of Au, Bi, Te, and ratios of Bi/Ag. The results of electron back-scattered diffraction analysis on the Py2 revealed that Py2-B was characterized by predominantly brittle deformation with a limited local plastic deformation by dislocation glide on a simple slide system, whereas the Py2-D displayed a significant crystal plastic deformation through a lattice rotation on two separate 〈1 0 0〉 axes and local dislocation creep. Microscopic petrography and laser ablation inductively coupled plasma mass spectrometry analyses revealed that the brittle fracturing-dominated Py2-B generally displayed homogenous distribution patterns of Au and other trace elements and scarce visible gold grains, whereas the plastically deformed Py2-D generally exhibited an inhomogeneous distribution pattern of trace element and commonly contained fine-grained irregular-shaped visible native gold and other sulfide inclusions in the low-angle boundaries and dislocation sites within Py2-D, possibly suggesting the significant influence of ductile deformation on remobilization and reprecipitation of Au and associated trace elements once locked in Py2. The corrosion of Au-Te-Bi-bearing Py2 by the late polymetallic sulfide assemblage led to a liberation of invisible Au and other trace elements and reprecipitation of visible native gold and other Bi–Pb minerals. The results indicate that brittle deformation exhibited no essential effects on the crystal structure and chemical component of pyrite, whereas the plastic deformation can cause the readjustment of crystal lattices and liberation of impurities (e.g., Au, Te, Bi, and Cu) from the crystal lattices of pyrite. The plastic deformation and dissolution–remobilization of pyrite are the important mechanisms responsible for the visible discrete gold grain formation in auriferous quartz veins. Macroscopically, a preferred constant E–W extending orientation and typical lamination structure of the auriferous quartz veins suggest a channeled fluid flowing along the closed and connected fractures under a syn-mineralization S–N oriented extensional tectonic regime related to the Xiaoqinling metamorphic core complex. Here, we report that the microstructures of ductile deformation and brittle fracturing of the auriferous quartz veins are probably indicative of the continuous shearing activation of the ore-hosting normal fault.