In this video Tim Termuende, President & CEO of Eagle Plains Resources discusses the 2022 and earlier mineral exploration efforts at Eagle Plains Resources Vulcan property. This property is being explored for Sullivan-style mineralization (SEDEX). The Vulcan Project is located 35km west of the world-class Sullivan Mine that produced 160 million tonnes grading 12% Lead/Zinc and 67 g/t Silver, a behemoth! The Sullivan was a sedimentary exhalative (SEDEX) type of mineral deposit, meaning it formed due to mineral rich brines being exhaled from a vent complex into a sea-bottom environment approx. 1.34 billion years ago. Because of this, the rocks of the stratigraphy (time period) that the Sullivan deposit occurred in are a fertile environment to explore for other vent complexes which may have been responsible for similar types of deposits. In other ancient sea basins where SEDEX deposits have been found they occur in clusters along rifts (deep-seated growth faults). The ancient sea basin that the Sullivan occurred in is known as the Aldridge and it is made up of three distinct layers, lower, middle and upper. The Sullivan deposit occurred at what is know as the lower-middle contact (LMC) and it is the only one of its kind found in this basin.......yet. The Vulcan property contains the LMC stratigraphy over much of it as well as multiple stratigraphically controlled lead/zinc showings at the LMC time period. It also contains other geological features known to be associated with the Sullivan deposit. Recent drilling intersected a significant intercept, ~250m, of rock exhibiting characteristics consistent with that as observed near the Sullivan venting complex.similar to those near or above the Sullivan Deposit. including mineralized fragmentals, laminated massive sulphide mineralization including Sphalerite and Galena within Calcareous teration in the rocks at the LMC stratigraphy consistent with that as observed in the Sullivan venting complex.
23 окт 2022
