Many geological descriptions of porphyry Cu-Au deposits use the term "potassic alteration". However, this is actually a rather unspecific umbrella term for three different secondary mineral assemblages: (1) biotite-magnetite, (2) phlogopite-magnetite, and (3) orthoclase alteration, respectively. The orthoclase alteration seems to be most common in the central parts of alkaline porphyry systems such as Cadia, Northparkes and Skouries, while the previous potassic alteration types are well documented in calc-alkaline porphyry systems throughout North and South America and the SW-Pacific. However, when you conduct more detailed studies, the biotite-magnetite alteration recorded at many calc-alkaline porphyry systems actually turns out to be a phlogopite-magnetite alteration assemblage (with a brownish rather than black colour).
Dear collegues, I look forward to your comments! Many thanks.
PS: Please find a sample from Grasberg attached.