///The Zhibo iron deposit is one of the recently-discovered large magnetite deposits in the Awulale iron metallogenic belt, which is located at the eastern corner of western Tianshan Mountains. The ore bodies are hosted mainly by volcanic and volcaniclastic rocks of the Lower Carboniferous Dahalajunshan Formation. The wall rocks of the Zhibo iron deposit have been strongly altered. Three stages of alteration assemblages and associated mineralization have been recognized. Combined with regional geology of the Awulale iron metallogenic belt, it might be suggested that Fe-rich magmatic liquids constituted the most plausible origin for the mineralization, producing massive magnetite ore bodies associated with extensive wall rock alteration. There existed a genetic relationship between late Carboniferous continental arc magmatism and massive magnetite mineralization.