Variscan Mines (ASX:VAR) has received additional rock chip and grab sampling assays that confirm the potential of its Merléac licence in France to host massive sulphide deposits.
Merléac covers 411 square kilometres over the eastern end of the Châteaulin Basin and hosts the Porte-aux-Moines zinc-lead-copper-silver deposit.
Porte-aux-Moines was discovered by the BRGM in 1975 and shares geological similarities to VMS deposits in Australia such as Woodlawn, Rosebery and Que River.
Recent field work confirmed the presence of a number of outcropping gossans and gossanous horizons, interpreted at some prospects to represent the oxidised expressions of underlying massive sulphides and associated footwall stockwork feeder zones.
These gossans were previously mined by shallow open pits for iron up until the 19th century and generally have not been explored below the iron oxide cap aside from shallow BRGM drilling in some locations.
Handheld XRF sampling returned up to 1.6% lead, 1,171 ppm zinc and 719 ppm copper at Porte-aux-Moines and other prospects.
This indicates potential for additional VMS deposits within the estimated 70 strike kilometres of fertile host lithologies contained within the licence.
Variscan has commenced work at Porte-aux-Moines to generate a Resource estimate.
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