Geological Characteristics and Exploration Potential of the NO.III Deposit in the Xiongcun District, Tibet, China

The Xiongcun district is located along the south margin of the Gangdese porphyry copper belt, approximately 53 km west of the Xigaze. No.III deposit is a newly discovered porphyry copper-gold deposit in the Xiongcun district. This paper first reports geological characteristics and exploration potential of No.III deposit. No.III deposit is hosted by Early Jurassic hornblende quartz diorite porphyry. Pervasive alteration is dominated by a well-mineralized potassic alteration. Major ore-bearing vein types include quartz-sulfide and chlorite-sulfide veins. Drilling holes and geochemical anomaly indicated the No.III deposit has excellent potential for exploration.