The Monchetundra massif is located in the north-eastern Fennoscandian Shield and refers to Paleoproterozoic massifs of the East-Scandinavian Large Igneous Province. The general section of the massif comprises two parts, the lower norite-orthopyroxenite and the upper mafic zones. The lower zone is of great interest due to its associated industrial platinum group elements (PGE) mineralization. The structure and peculiar features of rocks in the lower zone were studied using a drill core from the borehole MT-70 in the south-eastern slope of the Monchetundra massif intersecting the ore zone 1 of the Loypishnun deposit (according to the CJSC Terskaya Mining Company data). A comparison of the barren and ore-bearing varieties of norites and pyroxenites in the Loypishnun deposit shows that the ore samples have the lowest negative εNd values, a relatively more differentiated distribution spectrum with the Light rare earth elements (LREE) dominating over the Heavy REE (HREE), Eu/Eu* ≥ 1, and a higher mean content of alkali and large-ion lithophile elements (Ba, Rb, and Cs). New geochemical data indicated an origin of magmas for rocks from a layered series in the Loypishnun deposit by a high degree of melting of a LREE-rich source with a low mean content of REE. Negative εNd values, low ISr values, and a marked negative Nb indicate that the crustal material affected the evolution of rocks in the lower zone of the massif more than in the upper zone. The formation of ore bodies in the Loypishnun deposit was governed by the crust-mantle interaction, magmatic differentiation, and association with the most differentiated varieties, and by further concentration of the ore at the late and post-magmatic stages in a highly permeable environment for fluids in the Monchetundra fault zone.
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