Sedimentary Exhalative Deposits
SedEx deposits are a major source of minerals including copper, silver, gold and tungsten- and the single most important source of lead and zinc.
SedEx deposits are a major source of minerals including copper, silver, gold and tungsten- and the single most important source of lead and zinc.
Although not the world’s primary source of copper, volcanogenic massive sulfide deposits or VMS, are an important source of the metal. These deposits are also a significant supplier of zinc, lead, gold and silver.
Globex Mining Enterprises Inc. (TSE:GMX) acquires the different properties in the Chibougamau mining district in Quebec. The press release is quoted as saying: Globex has now gathered a land package in the heart of the Chibougamau mining district consisting of five (5) former producers with significant exploration potential, two unmined deposits – one of gold, [...]
Excalibur Resources reports the ongoing exploration program at Sturgeon Lake, northwestern Ontario. Excalibur’s Sturgeon Lake property is directly along strike and to the east of 6 VMS deposits that were mined between 1970 and 1991. A total of 19 million tonnes of ore was mined from these 6 VMS deposits with typical grades of 9% zinc, 1.5% copper, [...]
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