Volcanogenic Massive Sulphide (VMS) Deposits on the Mon Property
- VMS deposits account for 40% of Canadian silver production, 49% of its zinc, 27% of copper, 20% of its lead, and 3% of gold.
- 2018 exploration by SXTY led to discovery of a new 2,500 m long horizon hosting VMS mineralization enriched in silver, lead, zinc and gold.
- Grab samples in this zone (Anomaly C) graded up to 2.30 gpt Au, 360 gpt Ag, 3.83% Pb, and 1.94% Zn.
- Trench assays including 0.45m of 203 gpt silver, 1.0 gpt gold, 0.59% lead and 0.96% zinc.
- 2019/2020 airborne geophysics has identified at least seven isolated conductive anomalies (TauSFz) within favourable rocks. The strongest anomalies are not exposed. This has generated at least 4 drill targets. Samples over a weak conductor (Anomaly C) exposed 120m of VMS mineralization that yielded trench samples from the only exposed zone shown below:
|
Sample_ID |
Width |
Ag |
Au |
Pb % |
Zn % |
|
1717290 |
0.95 |
82.0 |
1.20 |
0.258 |
0.017 |
|
1717297 |
0.40 |
99.0 |
1.00 |
0.324 |
0.169 |
|
2585271 |
1.00 |
25.0 |
<0.9 |
0.004 |
0.014 |
|
2585274 |
1.00 |
29.0 |
<0.9 |
0.266 |
0.346 |
|
1717280 |
0.45 |
203.0 |
1.0 |
0.589 |
0.961 |
