Eruption of the Rainier Mesa and Ammonia Tanks Members Timber Mountain Tuff at about 11.5 and 11.3 Ma, respectively, resulted in formation of the timber Mountain (TM) caldera; new K-Ar ages show that volcanism within and around the TM caldera continued for about 1 m.y. after collapse. Some TM age magmatic activity took place west and southeast of the TM caldera in the Beatty -- Bullfrog Hills and Shoshone Mountain areas, suggesting that volcanic activity at the TM caldera was an intense expression of an areally extensive magmatic system active from about 11.5 to 10Ma. Epithermal Au-Ag, Hg and fluorite mineralization and hydrothermal alteration are found in both within and surrounding the Timber Mountain -- Oasis Valley caldera complex. New K-Ar ages date this hydrothermal activity between about 13 and 10 Ma, largely between about 11.5 and 10 Ma, suggesting a genetic relation of hydrothermal activity to the TM magmatic system.