Panulcillo is a pseudo-stratiform FeOx Cu-Au / Skarn deposit located within the metamorphic aureole of a monzodioritic intrusive. Chalcopyrite, bornite, pyrite and pyrrhotite occur with calcic amphibole as disseminations and microveinlets in K-feldspar-albite-silica altered meta-andesites, magnetite-albite-scapolite rich meta-andesites and in overlying garnet skarn.

Teresa de Colmo is a multiphase hydrothermal Ü tectonic breccia deposit associated with the emplacement of a leucodioritic stock. Chalcopyrite and pyrite is associated with albite and chlorite alteration and has been incorporated in a specularite-matrix breccia that cuts andesitic volcanic and sedimentary country rocks.

Although both deposits show many similarities, such as the presence of abundant Fe-oxides, Cu sulphides, strong pervasive sodic alteration and a spatial relationship to differentiated intermediate intrusives, they also show many significant differences. While Panulcillo appears to have formed in a semi-ductile regime and has abundant potassic alteration, amphibole and magnetite, Teresa de Colmo seems to have formed in a brittle regime, lacks potassic alteration, and has chlorite and specularite.

We consider these variations to be inherent in the FeOx Cu-Au family of deposits, and suggest that they do not reflect different ore-forming processes but rather changes in oxygen and sulphur fugacities, chemical equilibria, temperature and tectonic regime due to differing host rocks and levels of emplacement.