Volcanogenic Massive Sulphide (VMS) Deposits

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
(m)

Ag
(gpt)

Au
(gpt)

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


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