The large-scale Sharang porphyry molybdenum deposit, as the firstly discovered single molybdenum porphyry-type deposit in the Gangdise metallogenic belt, formed in the main-stage of India-Asia continental collision with distinct characteristics of alteration and mineralization. As the phyllic zone and argillic zone are both main alteration types in the field study of Sharang, low erosion level of this porphyry deposit suggests great potential for the exploration. At the end, the paper makes some suggestions for further exploration in the Gangdese metallogenic belt, and discusses the possible connection between Sharang and other porphyry molybdenum deposits in the eastern section of the India-Asia continental collision belt.