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 |
