In this video Kerry Bates, Exploration Manager for Eagle Plains Resources provides an interpretation of the significant drill intercept of Sullivan style mineralization and analogous geology encountered in the second hole of a three-hole drill program at the Vulcan property in 2022.
The Vulcan property is a critical-metal exploration project located in the East Kootenay region of British Columbia, Canada. It is located 35 km west the historic Sullivan Mine at Kimberley. The Sullivan contained 160 million tons grading 12% Pb/Zn and 67 g/t Ag, with a mineable lifetime of 92 years, and a contained metal value in present dollars exceeding 45 billion dollars. Target mineralization at the Vulcan is Sullivan-type stratiform sediment-hosted massive sulfide ("SEDEX") deposition, the same as that mined at the nearby Sullivan Mine.
The Sullivan was a sedimentary exhalative (SEDEX) type of 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 venting complexes which may have been responsible for similar types of deposits. This sea basin that the Sullivan occurred in is known as the Aldridge and 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). 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. …...more
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