Lithospheric Architecture and Mantle Metasomatism Linked to Iron Oxide Cu‐Au Ore Formation: Multidisciplinary Evidence from the Olympic Dam Region, South Australia

Abstract The role of lithospheric architecture and the mantle in the genesis of iron oxide copper‐gold (IOCG) deposits is controversial. Using the example of the Precambrian Gawler Craton (South Australia), which hosts the giant Olympic Dam IOCG deposit, we integrate geophysical data (seismic tomography and magnetotellurics) with geological and geochemical data to develop a new interpretation of the lithospheric setting of these deposits. Spatially, IOCG deposits are located above the margin of a mantle lithospheric zone with anomalously high electrical conductivities (resistivity 1.80). The high conductivity cannot be explained by water‐bearing olivine‐rich rock alone. Relatively fertile and metasomatized peridotitic mantle with additional high‐Vp/Vs phases, for example, clinohumite, hydrous garnet, and/or phlogopite, could explain the anomalous velocity and conductivity. The top of this high‐Vp/Vsh zone marks a midlithospheric discontinuity at ~100–130 km depth that is interpreted to reflect locally orthopyroxene‐rich mantle. A sub‐Moho zone with high Vp/Vsh at ~40–80 km depth correlates spatially with primitive Nd isotope signatures and arc‐related ~1,620–1,610 Ma magmatism and is interpreted as the eclogitic root of a magmatic arc. Mafic volcanics contemporaneous with ~1,590 Ma IOCG mineralization have geochemistry suggesting derivation from subduction‐modified lithospheric mantle. We suggest that Olympic Dam formed inboard of a continental margin in a postsubduction setting, related to foundering of previously refertilized and metasomatized lithospheric mantle. Deposits formed during the switch from compression to extension, following delamination‐related uplift and exhumation.