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Qiongheba ore concentration area was important component of porphyry copper metallogenic belt in Junggar, Xinjiang. Several porphyry copper deposits have been found in this area, but the extensive distribution of the Gobi desert makes surface prospecting difficulty in this area. In recent years, successfully use of comprehensive geophysical exploration methods in this area, has made a new buried copper (molybdenum) porphyry deposit found. The findings was mostly based on surface Induced Polarization (IP) methods, which defined a NW-trending, 5000m long and 500 similar to 1000m wide IP anomaly, and deep drilling. The drilling verification indicates that the IP anomaly caused by concealed copper (molybdenum) mineralization tonalite body. The tonnage of the deposit has reach to medium large size in copper (molybdenum), the associated gold and lead-zinc are also in good prospect A concealed skarn type copper iron-rich ores which close the tonalite body is also found. Based on the preliminary study on petrology, geochemistry, metallogenic characteristics of tonalite, the Re-Os isotope dating was carry out on the six molybdenite samples, the weighted mean age is 411.1 +/- 2.4Ma. It is consistent with mineralization age of porphyry copper deposit in this area. These age characteristics further evidenced that there is a magma-hydrothermal polymetallic mineralization event in this area during the Upper Silurian and Lower Devonian. All these indicate that Layikeleke metallogenic province has great prospection potential, and has important significance in deepening our understanding of magmatic hydrothermal metallogenesis in this area.