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<p>Geologic understanding of the richly mineralized Dawson Range gold belt (DRGB) in the central Yukon, Canada is hindered by: (1) limited outcrop exposure due to thick soil cover; and (2) low resolution age-constraints despite a long history of porphyry Cu–Au–Mo deposit (PCD) exploration. Here, the well-preserved Klaza Au–Ag–Pb–Zn porphyry–epithermal deposit is used as a type-example of Late Cretaceous magmatic–hydrothermal mineralization to address the complex metallogeny of the DRGB. U–Pb zircon dating defines four magmatic pulses of Late Triassic to Late Cretaceous ages with the latter consisting of the Casino (80–72 Ma) and Prospector Mt. (72–65 Ma) suites. The Casino suite has five phases of intermediate-to-felsic calc-alkaline composition, correspond with older (77 Ma) porphyry mineralization, and displays evidence of magma mingling. The intermediate-to-mafic, slightly alkalic Prospector Mt. suite shows evidence of mingling with the youngest Casino suite phases, correlates with younger (71 Ma), intermediate-sulfidation epithermal and porphyry-type mineralization, and shoshonitic basalts of the Carmacks Group. Zircon trace element data suggest a common melt source for these suites; however, the younger suite records features (e.g., high La/Yb) that indicate a higher pressure melt source. The results from this study highlight the Prospector Mt. suite as a historically overlooked causative magma event linked to Au-rich PCDs in the DRGB and extends the temporal window of PCD prospectivity in this area. The transition from mid-Cretaceous Whitehorse suite magmas to Late Cretaceous Casino-Prospector Mt. suite magmas is proposed to reflect a transition from subduction to localized extension, which is becoming more recognized as a common characteristic of productive porphyry belts globally.</p>