The Laochang Ag-Pb-Zn-Cu deposit, located in the southern margin of the Sanjiang Tethys Metallogenic Belt (STMB), is the typical Ag-Pb-Zn-Cu deposit in this region. Its orebodies are hosted in the Carboniferous Yiliu Formation volcanic-sedimentary cycle and occur as stratiform, stratoid and lenticular. Whether or not the stratabound ore belong to the volcanogenic massive sulfide (VMS) deposit remains unclear and controversial. In this paper, the whole rock geochemistry, trace elements in sphalerite, U-Pb zircon chronology and Pb isotopes were investigated, aiming to provide significant insights into the genesis and geodynamic setting of the Laochang deposit. Lead isotope ratios of pyrite and sphalerite from the stratabound ore are 18.341 to 18.915 for ²⁰⁶Pb/²⁰⁴Pb; 15.376 to 15.770 for ²⁰⁷Pb/²⁰⁴Pb; and 38.159 to 39.200 for ²⁰⁸Pb/²⁰⁴Pb—which display a steep linear trend on Pb-Pb diagrams. This indicates a binary mixing of lead components derived from leaching between the host volcanic rock and mantle reservoir. Sphalerite from stratabound ores is relatively enriched in Fe, Mn, In, Sn, and Ga—similar to typical VMS deposits. Moreover, the Carboniferous volcanic rock hosting the stratabound Ag-Pb-Zn-Cu ores has a zircon U-Pb age of 312 ± 4 Ma; together with previous geochronological and geological evidences, thus, we consider that the stratabound mineralization occur in the Late Paleozoic (~323–308 Ma). Collectively, these geologic, geochemical, and isotopic data confirm that the stratabound ores should be assigned to Carboniferous VMS mineralization. In addition, volcanic rocks hosting the stratabound ore exhibit elevated high field strength elements (HFSEs, Nb, Ta, Zr and Hf) abundance, slight enrichment of light rare earth element (LREE), and depletion of Ba and Sr with obvious Nb-Ta anomalies. Such characteristics suggest that their magma is similar to typical oceanic island basalt. In addition, the oceanic island basalt (OIB)-like volcanic rocks were formed at Late Paleozoic, which could be approximately synchronous with the VMS mineralization at Laochang. Thus, it is suggested that the Laochang VMS mineralization was generated in the oceanic island setting prior to the initial subduction of the Changning-Menglian Paleo-Tethys Ocean.

The Yiliu tungsten polymetallic deposit, located in the south central portion of the Nanling nonferrous metal metallogenic province in South China, is an area with common Yanshanian tectonothermal events. Early Yanshanian magmatism leads to the emplacement of voluminous tungsten-bearing granite intrusions, such as the Baoshan, Benggangling and Junye plutons, which are considered temporally and spatially associated with W-polymetallic mineralization in the Yiliu region. Here, we investigate the basic geological and petrological characteristics of the Junye granites, and present major and trace element geochemical data and bulk-rock Sr-Nd-Pb-Hf isotopic data to gain insight into the petrogenesis and tectonic setting of granitic intrusions in the region. The Junye granites are high-K calc-alkaline and metaluminous to weakly peraluminous [A/CNK = molar ratios of Al₂O₃/(CaO + Na₂O + K₂O) = 0.97–1.02] with enrichment in SiO₂ (75.68–76.44 wt.%), relatively high total alkalis (K₂O + Na₂O = 8.06–8.45 wt.%) with K₂O/Na₂O ratios ranging from 1.12 to 1.42, and moderate Al₂O₃ (12.62–13.00 wt.%), but low in P₂O₅ (<0.01 wt.%), MgO (0.02–0.04 wt.%), CaO (0.78–0.95 wt.%) and Fe₂O₃^T (0.93–1.07 wt.%). They show spectacular tetrad effect REE (rare earth element) patterns with low ΣREE content (53.2–145.3 ppm), negative Eu anomalies (δEu = 0.09–0.17) and slight enrichment of LREEs (light rare earth elements) relative to HREEs (heavy rare earth elements). The granites are enriched in Rb (481–860 ppm), Th (16.2–46.1 ppm) and U (25.4–40.8 ppm) but depleted in Ba (1.0–5.8 ppm), Sr (11.1–23.4 ppm), P (9.5–26.7 ppm) and Ti (241–393 ppm). All geochemical features lead us to interpret the Junye granites as highly fractionated I-type granites. These granites underwent intense interaction between highly evolved magma and volatile-rich hydrothermal fluids during the late stage of formation, and accompanied fractional crystallization of biotite, plagioclase and accessory minerals, such as apatite, monazite and allanite. Additionally, the granites show uniform Nd isotopic ratios with calculated εNd (152 Ma) values of −8.28 to −8.91 and Nd model age (T_DM2) of 1645 to 1698 Ma, stable age-corrected initial Pb isotopic compositions with (²⁰⁶Pb/²⁰⁴Pb)_i of 18.646–19.010, (²⁰⁷Pb/²⁰⁴Pb)_i of 15.767–15.786 and (²⁰⁸Pb/²⁰⁴Pb)_i of 39.113–39.159, respectively, and homogeneous Hf isotopic values yielding εHf (152 Ma) values from −6.9 to −9.5 with T_DM2 ages of 1680 to 2214 Ma, collectively suggesting that the granitic magma was probably derived from the remelting of ancient infracrustal materials in the basement of the Nanling region. Consequently, we consider that the Junye granites are the products of partial melting of Paleoproterozoic infracrustal medium- to high-K metamorphic basaltic rocks in the Cathaysia Block, which was caused by the underplating of coeval mantle basaltic magmas that provided abundant heat energy for melting in a tectonic setting, with lithospheric extension and thinning during the late Jurassic period.