The 40 Moz Ladolam gold deposit on Lihir Island, Papua New Guinea is the world's largest, low-sulfidation, epithermal gold deposit, in terms of contained gold. The deposit has average grades of 2.42 g/t Au (LGL Resources Reserves Update, 2008) and gold is hosted primarily in refractory pyrite._x000D_
Lihir Island is part of the 150 km long, Tabar-Lihir-Tanga-Feni, alkalic, volcanic island chain located in the New Ireland basin. Five volcanic blocks comprise Lihir; Plio-Pliestocene Huniho, Kinami and Luise volcanic edifices are built on top of remnant Pleistocene Wurtol Wedge and Londolovit Block (Wallace et al, 1983). The Ladolam gold deposit is located in the central portion of the dissected Luise volcanic edifice and is composed of four main orebodies: 1. Minifie, 2. Lienetz, 3. Coastal, and 4. Kapit._x000D_
An active geothermal system is overprinted on the ore deposit, localised along north-trending lineaments, and is expressed as hot mud pools and fumaroles._x000D_
The focus of open pit mapping and drill core logging, as part of ongoing PhD research, has been in the Minifie and Lienetz orebodies. The deposit geology is grouped into four main phases: 1. volcano-sedimentary host rocks, 2. porphyry-style biotite alteration and related hydrothermal breccias and veins, 3. epithermal-style breccias and veins, and 4. modern geothermal alteration._x000D_
Gold is associated with epithermal-style alteration and mineralisation._x000D_
Ongoing observations of the Minifie and Lienetz orebodies are highlighting differences in the geology and paragenetic histories._x000D_
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