Abstract: This article presents the ¹⁹⁰Pt–⁴He dating results of native platinum group minerals from a unique platinum-metals placer deposit in the basin of the Kondyor and Uorgalan rivers and dunite fragments from the Kondyor alkaline-ultramafic massif. The results of ¹⁹⁰Pt–⁴He dating of 75 samples determine the age of the minerals and also date the ore-forming processes. It confirms the previously developed model of polycyclic genesis of placer-forming formations of platinum group minerals (PGMs) and, thus, sheds light on the duration of the formation of the Kondyor alkaline-ultramafic massif. The following ¹⁹⁰Pt–⁴He age stages are distinguished: (a) 143 ± 7 Ma, the formation time of the massif itself and early formation stages of PGMs of magmatogenic platinum (Pt) and the magmatogenic–fluid–metasomatic Pt and Os–Pt (Pt > Os) types, as well as PGMs of fluid-metamorphogenic iridium–platinum (Pt > Ir) type; (b) 128 ± 6 Ma, the early formation stages of the magmatogenic–fluid–metasomatic Pd–Pt (Pt > Pd) type and the late stages of the Pt, Pt > Os, and Pt > Ir types; (c) 115 ± 6 Ma, the late formation stages of the Pt > Pd type. The good agreement of these dates with the geological and mineralogical data allows us to conclude that the formation of placer-forming PGMs and their formations in the Kondyor alkaline-ultramafic massif was a polycyclic process for about 30 Ma.