: The Bulawan deposit is located in the porphyry copper belt of southwest Negros island, Philippines. Propylitic, K–feldspar, sericitic, and carbonate alteration types can be distinguished in the deposit. Propylite alteration occurs mainly in Cretaceous‐Eocene andesitic lavas and agglomerates while K–feldspar, sericite and carbonate alteration types occur mostly in the Middle Miocene dacite porphyry breccia pipes and stocks which were intruded into the andesites. K‐feldspar zones occur in the inner parts of the sericitized zone. Sericite alteration overprinted the propylitized and K‐feldspar alteration zones, at lower temperature than epidote and chlorite in the propylitized zone. Carbonate alteration is associated with the mineralization in the center of the breccia pipes and along faults.
Mineralization consists of gold‐silver telluride ores that are hosted by the carbonate– and sericite‐altered dacite porphyry breccia pipes. The Bulawan ores occur mainly as disseminations, but unlike many epithermal gold deposits, lack classical epithermal colloform and crustiform quartz veins. The ore minerals are sphalerite, galena, chalcopyrite, pyrite and tetrahedite‐tennantite with minor amounts of electrum, calaverite, petzite, sylvanite, hessite, tellurobismuthite, coloradoite, altaite, and rucklidgeite. Electrum and telluride minerals are associated mostly with calcite and dolomite‐ankerite minerals.
Fluid inclusions in quartz and calcite in clasts of propylitized andesite in the breccia pipes homogenize from about 300° to 400°C while fluid inclusions in quartz, calcite and sphalerite within the dacite porphyry breccia pipes homogenize between 300° to 310°C. The ores were formed around 300°C from hydrothermal solutions with salinity of about 6. 6 wt % NaCl equivalent. The presence of sylvanite and calaverite as intergrowths with each other, and the Ag content of calaverite are consistent with the above temperature estimate. Based on paragenesis, the Bulawan deposit formed in a pyrite‐stable environment, with pH between 3. 4 and 5. 5, fO2 between 10‐32 to 10‐30 atm, fS2 between 10‐9.8 to 10‐7.8 atm, fTe2 between 10‐8.9 to 10‐6.5 atm, and total sulfur content about 10‐2.8 molal. The dominant reduced sulfur species in the ore solutions may have been H2S(aq), and the likely aqueous tellurium species were H2Te(aq) and H2TeO3(aq). The ore minerals in the Bulawan deposit were probably formed by mixing of slightly saline and low salinity fluids.