|Zinco Mining Corporation is in the process of exploring and developing silver and zinc rich volcanogenic massive sulfide (VMS) deposits on its 100% owned 52,766 Ha Property in Jalisco State, Mexico. The Company believes that VMS deposits are among the best exploration targets in the world for the following reasons:
In 1998, Zinco had a tremendous opportunity to acquire most of the historic Cuale VMS mining camp in western Jalisco State by staking. Since then, Zinco has acquired the mining rights to five adjacent VMS camps, including the past-producing Desmoronado VMS camp, and historic mining camps at Aranjuez, La Mina and Bramador.
- VMS deposits are polymetallic, a hedge against commodity price fluctuations. They are major sources of Zn, Cu, Pb, Ag, and Au, and significant sources for Co, Sn, Se, Mn, Cd, In, Bi, Te, Ga, and Ge.
- VMS deposits can be large, and high grade. There are over 800 VMS deposits worldwide that range in size from 200,000 tonnes to supergiant deposits containing more than 150 million tonnes.
- VMS deposits tend to occur in districts of 12 to 25 deposits restricted by either linear rifts or calderas.
- In Mexico, VMS deposits on the West Coast have some of the highest precious to base metal ratios for the VMS class of deposits, and many were historic primary silver producers.