Delayed accumulation of placers during exhumation of orogenic gold in southern New Zealand

The giant gold placer system on the Otago Schist of southern New Zealand was derived from Mesozoic orogenic gold deposits in the underlying schist basement. The core of the schist basement was exhumed in the middle Cretaceous, coeval with the accumulation of the oldest preserved nonmarine sedimentary rocks in the area (ca 112 Ma). Those sedimentary rocks contain quartz clasts, with distinctive ductile deformation textures, that were derived from structural zones in, or adjacent to, major orogenic gold deposits. Quartz textures in these structural zones are readily distinguishable from the rest of the schist belt, and hence provide a fingerprint for erosion of gold. The earliest sedimentary rocks on the margins of the gold-bearing schist belt are immature, and were derived from unoxidised outcrops in areas of high relief. Gold was not liberated from unoxidised basement rocks during erosion, and was removed from the system without placer concentration. Placer concentration did not begin until about 20 million years later, when oxidative alteration of gold deposits had facilitated gold grain size enhancement from micron scale (primary) to millimetre scale (secondary). Subsequent erosion and recycling of gold in the early Cenozoic, and again in the late Cenozoic, caused additional concentration of gold in progressively younger deposits. The Klondike giant placer goldfield of Canada had a similar geological history to the Otago placer field, and Klondike placer accumulation occurred in the late Cenozoic, at least 70 million years after Mesozoic exhumation of orogenic gold. The giant placer deposit on the western slopes of the Sierra Nevada in California occurs in Eocene and younger sedimentary rocks, at least 40 million years younger than the timing of major exhumation of the source rocks. Circum-Pacific giant gold placers formed under entirely different tectonic regimes from the emplacement of their source orogenic deposits, and these giant placer deposits do not form in foreland basins associated with convergent orogens. Formation of giant placers requires less active erosion and more subdued topography than the collisional orogenic activity that accompanied emplacement of source gold deposits in basement rocks, as well as oxidative alteration of the primary deposits to liberate gold from sulfide minerals and enhance secondary gold grain size.