A-type rhyolites of contrasting compositions and eruption characters were revealed among two volcanic series of the Early Permian bimodal association in the Nomgon graben. Rhyolites of the lower volcanic series formed extrusions, lava domes, and tuff horizons. They had low FeO_t, Zr, Hf, Nb, Ta, Y, and REE concentrations and also a moderately depleted Nd isotope composition (ε_Nd(Т) = 6.7–7.1). Their formation was related to anatexis of the juvenile continental crust, triggered by the thermal effect of mafic magmas. Rhyolites of the upper volcanic series formed extensive lava flows and dikes. Their composition was characterized by high FeO_t, Zr, Hf, Nb, Ta, Y, and REE concentrations, and also depleted Nd isotope characteristics (ε_Nd(Т) = 7.7–9.0). These rhyolite melts formed under long-term crystallizational differentiation of basaltoids in the intracrustal magmatic chambers, with limited participation of crustal contamination. The source of magmas for the upper volcanic series was the sublithospheric mantle.