Cerro Rico de Potosi, Bolivia, is the world's largest silver deposit a
nd has been mined since the sixteenth century for silver, and for tin
and zinc during the twentieth century, together with by-product copper
and lead. The deposit consists primarily of veins that cut an altered
igneous body that we interpret to be a dacitic volcanic dome and its
underlying tuff ring and explosion breccia. The deposit is composition
ally and thermally zoned, having a core of cassiterite, wolframite, bi
s-muthinite, and arsenopyrite surrounded by a peripheral, lower-temper
ature mineral assemblage consisting principally of sphalerite, galena,
lead sulfosalt, and silver minerals. The low-temperature assemblage a
lso was superimposed on the high-temperature assemblage in response to
cooling of the main hydrothermal system. Both the dacite dome and the
ore fluids were derived from a larger magmatic/hydrothermal source at
depth. The dome was repeatedly fractured by recurrent movement on the
fault system that guided its initial emplacement. The dome was extrud
ed at 13.8 +/- 0.2 Ma (2 sigma), based on U-Th-Pb dating of zircon. Mi
neralization and alteration occurred within about 0.3 my of dome empla
cement, as indicated by a Ar-40/Ar-39 date of 13.76 +/- 0.10 Ma (1 sig
ma) for sericite from the pervasive quartz-sericite-pyrite alteration
associated with the main-stage, high-temperature, mineralization. The
last thermal event able to reset zircon fission tracks occurred no lat
er than 12.5 +/- 1.1 Ma (1 sigma), as indicated by fission-tract datin
g. Minor sericite, and magmatic-steam alunite veins, were episodically
formed around 11 Ma and between 8.3 and 5.7 Ma; the younger episodes
occurring at the time of extensional fracturing at Cerro Rico and wide
spread volcanism in the adjacent Los Frailes volcanic field. None of t
hese younger events appear to be significant thermal/mineralizing even
ts; the exceptionally flat thermal release pattern of Ar-39 from seric
ite and the results of the fission-tract dating of zircon show that no
ne of the younger events was hot enough, and lasted long enough, to ca
use significant loss of Ar or annealing of zircon fission tracks. U-Th
-Pb dating of zircon cores indicates a Precambrian progenitor for some
zircons, and REE analyses of dated samples of hydrothermally altered
dacite show the presence of a prominent positive Eu anomaly, which con
strains interpretations of the origin and evolution of the magmatic/hy
drothermal system.