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Abstract The lower crustal domain of the Ivrea‐Verbano Zone (NW Italy) hosts five ~300‐m‐wide pipe‐like ultramafic intrusions that are metasomatized and exhibit Ni‐Cu‐PGE sulphide mineralization. To better constrain the role of metasomatism in the ore genesis, we studied the best‐preserved pipe at Valmaggia which was emplaced 249 Myrs ago. Phlogopite⁴⁰Ar/³⁹Ar analyses show that the pipe was infiltrated by metasomatic fluids derived from the subcontinental lithospheric mantle (SCLM) in two pulses at ~208 Ma and ~189 Ma which introduced sulphides into the pipe. Consequently, the pipe repeatedly acted as a preferred path for mass transfer from the SCLM into the lower crust over >60 Myrs (i.e., emplacement to second metasomatic pulse). Uplifted block margins, such as the Ivrea‐Verbano Zone, are potentially important exploration targets for magmatic sulphides. We argue that exploration strategies should focus on structures such as pipes that can focus metasomatic agents during ascent through the lithosphere.