The Great Xing’an Range (GXR) is a significant belt of polymetallic deposits located in the eastern segment of the Central Asian Orogenic Belt. The recently found Huoluotai porphyry Cu (Mo) deposit is situated in the northern GXR region in northeastern (NE) China. The deposit has been studied extensively using field geology and geochronological methods, which have identified two distinct mineralization events. These events include an early occurrence of porphyry-type Cu (Mo) mineralization and a later occurrence of vein-type Cu mineralization. Prior geochronology investigations have determined an approximate age of 147 Ma for the early porphyry-type Cu (Mo) mineralization. 40Ar/39Ar dating of K-feldspar of the altered Cu-mineralized quartz diorite porphyry veins for the overprinting vein-type Cu mineralization provides plateau ages of 123.1 ± 1.5 Ma, 122.3 ± 2.8 Ma, and 122.2 ± 0.4 Ma. Sulfide S-Pb isotope compositions of the two mineralization events suggest that both have a magmatic source. The origin of ore-forming metals displays the features of a crust–mantle mixing origin. The regional extensional tectonic setting in NE China during the Early Cretaceous was caused by large-scale lithosphere delamination and upwelling of the asthenospheric mantle. These processes were triggered by the rollback of the Paleo-Pacific Plate. The tectonic event in question resulted in the lithospheric thinning, significant magmatic activity, and mineralization in NE China.