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The formation of orogenic gold deposits is commonly a two-stage process. The first stage involves preconcentration of gold in a suitable source rock, such as carbonaceous black shales, felsic volcaniclastics or komatiitic volcanics. The second stage involves the release of gold (commonly with arsenic and/or tellurium) from the source rocks during metamorphism or magmatic intrusive events, accompanied by the replacement of source rock pyrite by pyrrhotite. Recent research suggests that synsedimentary gold trapped in the structure of diagenetic arsenian pyrite in reduced carbonaceous facies of continental margin sedimentary basins is an ideal source of gold for many orogenic and Carlin-style gold deposits. The conversion of diagenetic arsenian pyrite to pyrrhotite during basin closure and greenschist facies metamorphism is the key process releasing gold and arsenic to the metamorphic fluid, with metal deposition in structural trap sites to form the deposits.CITATION:Large, R R, 2015. Orogenic gold deposits - a two-stage process of gold enrichment, in Proceedings PACRIM 2015 Congress, pp 335-340 (The Australasian Institute of Mining and Metallurgy: Melbourne).