Recently, Hellas
Gold announced the discovery of new deposits in the vicinity of the Olympias and Stratoni mines. Something that shows the high-level skills of the geologists who make up
the exploration team, but also the conviction of many
colleagues who have studied the area over time about the strong ore potential
of the area.
In my book, “Halkidiki Forged from Land and
Sea”, which describes the economic geology of Kassandra mines (Olympias, Stratoni), in a
simplified way, it is written:
“Ancient artisanal mining and
metallogenetic modelling of exposed mineralised structures guided mineral
exploration to prospect further for new potential targets in the brownfield
area of the Olympias mining field in Halkidiki, in Northern Greece. Generating
successful new projects is mainly based on the ability of exploration
geologists to identify new mineralisation features overlooked in the past and
to explore in areas of known mineralisation based on geological knowledge
gained from previous prospecting and mining activities. The construction of ore
deposit models in exploration is of great value and contributes to a better
understanding of why mineral deposits occur where they do, and where they are
expected to be found. Mineral exploration conducted in NE Halkidiki resulted in
two major ore deposit types, namely (i) the polymetallic massive sulphide
replacement mantos found in Olympias and Stratoni (Madem Lakkos, Mavres Petres),
and (ii) the porphyry copper-gold ore located in Skouries (Fig. 1). The
Olympias deposit is a polymetallic (Pb, Zn, Ag, Au) massive sulphide
replacement ore body hosted by the so-called Kerdylia marbles (Fig. 2). The
mineralisation is emplaced in deep-seated fault zones and their intersections
with marble beds, giving place to replacement and formation of lateral
stratabound mantos, very often deposited at the contact zone between marbles
and adjacent gneisses (Fig. 3). The
Olympias deposit formed during the Late Oligocene to Early Miocene, coincident
with magmatism in the region and related hydrothermal fluids. The depositional
mechanism and structural setting of the ore bodies are genetically related to
fault-controlled mineralising fluids ascending and interacting with reactive
carbonate rocks interbedded within the crystalline basement of the Kerdylia
formation. The respective mineralising fault-related fracture zone extends over
1,500 m, strikes to the NNΕ and dips towards the SW down to a depth of more
than 300 m, with an average thickness of 12 m. The ore bodies are stratabound
and develop normally at the contact zone between marble and gneiss, making
respectively the footwall and hanging wall rocks. The contacts between the ore
and host marble are sharp, concordant or discordant to the foliation. Sulphide
mineralisation comprises pyrite, arsenopyrite, sphalerite, galena, tetrahedrite
— tennantite, boulangerite, and chalcopyrite. Gold values are associated almost
exclusively with arsenopyrite and pyrite. The 3D model created shows the
structure of the deposit and the fault-controlled setting of the ore bodies, as
well as the stratabound replacement mantos at the expense of marbles. A
deeper-seated extension of the west ore body is indicated and makes a potential
target for further underground surveys and exploration drilling.”
Fig.
3: Schematic metallogenetic model showing the main geological
characteristics of manto and porphyry ore deposits in the area of NE Halkidiki. Mantos are massive
sulphide ores created through the stratabound replacement of carbonate rocks.
Focusing on the intersection zones
between faults and carbonate layers, a targeted exploration strategy is
being developed for the Olympias and Stratoni areas. The key geological and
structural criteria for identifying these high-potential sites are drawn on the
latest discoveries, and deposit models could be drafted as follows.
Exploration target criteria
Fault system control
·
Target feature: Major fault intersections & splays, particularly where they
cross lithological contacts.
·
Geological rationale &
Exploration evidence: Mineralising fluids use major
faults as conduits; deposits form where secondary structures create fluid
traps. At Olympias, the high-grade NW Zone was found within 200m of
mine infrastructure, associated with the controlling fault system.
Host rock & Structural geometry
·
Target feature: Favourable reactive host rocks (e.g., marble) at specific
structural positions (fold hinges, dilatant jogs).
·
Geological rationale &
Exploration evidence: Reactive lithology (like
marble) is essential for replacement-style mineralization. Olympias
mineralization replaces marble layers within gneiss (Fig. 4); at Stratoni, a
new skarn was discovered adjacent to historic mines.
Geochemical & Alteration signature
·
Target feature: Diagnostic geochemical halos and mineral zonation (e.g., specific
element enrichments, skarn alteration)
·
Geological rationale &
Exploration evidence: Proximal vs. distal
fluid-rock interaction creates predictable geochemical patterns. Skarn deposits
are defined by high-temperature geochemical halos (e.g., Mo, W, Mn). Olympias
West Flats shows massive sulfides with exceptional grades.
Spatial relationship to known mineralisation
·
Target feature: Areas within 200-500m of known ore zones or existing mine
infrastructure.
·
Geological rationale & exploration
Evidence: Mineralising systems cluster; near-mine
exploration offers high discovery potential and capital efficiency. Both the
Olympias NW Zone and Stratoni Skarn are near-mine discoveries.
Integrated exploration methodology
The discovery of new high-grade zones
demonstrates the effectiveness of a focused, near-mine approach. To
systematically locate intersection sites, a multi-stage workflow is recommended:
·
Stage 1: Structural-Lithological
targeting
Use 3D geological modelling to integrate drill data, underground
mapping, and geophysics. The goal is to map the 3D architecture of
faults and the geometry of carbonate layers (e.g., marble units
within the Kerdylia Formation). This helps identify intersections, favourable
structural traps (such as fold hinges), and potential fluid pathways.
·
Stage 2: Geophysical &
Geochemical vectoring
Deploy ground gravity surveys to detect dense sulfide bodies at
shallow depth and use Induced Polarization (IP) surveys to map
disseminated sulfide halos around ore zones. In tandem, conduct systematic
geochemical sampling of soils, rocks, and possibly vegetation to look for
pathfinder element anomalies (e.g., Pb, Zn, As, Ag, Au for Olympias; Cu, Au for
Stratoni).
·
Stage 3: High-Resolution
drilling & Validation
Prioritize directional diamond drilling from underground stations to
test targets with precision and minimize meterage. Core logging must document
detailed lithology, structure, vein types, and alteration mineralogy (e.g.,
garnet, diopside for skarns).
Fig. 4: Vein-shaped relatively coarse-grained galena mineralisation in Olympias mine with obvious the stratabound metasomatic control in the presence of interbedded marble horizons.
Practical implementation priorities
Given the recent exploration success, here
are actionable next steps:
·
Expand the 3D Model: Integrate all new drill data from the Olympias NW Zone and West
Flats to improve the fault network controlling these zones. The same
should be done for the Stratoni Fault, where a new gold-copper skarn system was
discovered.
·
Test the "Stratoni
Skarn" model: The Stratoni discovery (42.75m
at 0.83 g/t Au and 0.49% Cu) confirms skarn potential along the Stratoni
Fault. Follow-up should map the contact between the intrusive body and
carbonate host rock to define the full skarn system extent.
·
Apply predictive analytics: Employ the data-driven workflow described in a relevant case study
("Lasso–RFECV → XGBoost → SHAP") to distinguish geochemical
signatures of different deposit styles (e.g., skarn vs. vein-hosted) and refine
target ranking.
·
Leverage existing infrastructure: Prioritize targets like the Olympias NW Zone that are within 200
meters of existing mine infrastructure. This allows for rapid, low-cost
evaluation and potential development.
The Vina exploration challenge
In local and more regional scale, a major
exploration target is the area of Vina. situated between Stratoni in the south
and Olympias in the north. The epithermal quartz-pyrite mineralised faults
mapped are expected to intersect deeper-seated carbonate rocks to potentially
form polymetallic replacement deposits. In this respect, a classic and high-potential
exploration concept for the Vina area could be applied, using shallow, mapped
epithermal features as vectoring tools to a deeper, blind carbonate replacement
deposit (CRD) or skarn system.
This "leakage" or telescoping
model is a powerful strategy in mineral exploration. The presence of epithermal
quartz-pyrite faults at the surface is a strong indicator of a past,
large-scale hydrothermal system, with the potential for more valuable base
metal mineralization where those fluids met carbonate rocks at depth.
The integration of all available data into
a robust 3D model is the most critical step. The goal is to move from mapping
2D surface faults to predicting 3D fluid pathways.
Stage 1: 3D Structural &
Lithological modelling
This stage builds the predictive framework.
·
Objective: Create an integrated 3D geological model of the Vina corridor.
·
Key data integration:
o
Surface mapping: Precisely digitize the trace, dip, and kinematics (movement sense)
of the mapped epithermal quartz-pyrite faults.
o
Structural analysis: Determine if these faults are part of a larger, regionally
significant fault system (like the Stratoni Fault system) or local splays.
Understanding their relationship to the Olympias and Stratoni controlling
structures is crucial.
o
Subsurface geometry: Use all available regional geophysical data (gravity, magnetics),
historical drill logs, and geologic cross-sections to model the likely depth
and geometry of the prospective carbonate horizon(s) (e.g., marbles within
the Kerdylia Formation).
·
Critical output: A 3D model showing the hypothesized intersection points between
the downward projection of the epithermal fault zones and the top of the modelled
carbonate unit. These intersections are your primary targets.
Fig. 5: Geological map showing the main mining areas of
Stratoni and Olympias, and outlining the metallogenetic potential of the Vina
area, in terms of the prospect of locating carbonate replacement deposits (CRD).
Stage 2: Multi-Scale Geophysical &
Geochemical surveys
This stage tests the model and seeks direct
vectors to mineralization.
·
Objective: Detect geophysical and geochemical signatures of the hydrothermal
system and any associated sulfide mineralization.
·
Recommended techniques
o Regional Scale (Airborne):
§ Airborne magnetics: To map lithological
contacts, intrusive bodies (potential heat/fluid sources), and deep-seated
faults that may not be exposed.
§ Airborne electromagnetics (EM):
Potentially useful if massive sulfides are present at reachable depths, though
challenging in conductive cover.
o Local/Target scale (Ground):
§ Ground gravity survey: The highest-priority
technique. It can detect subsurface density contrasts caused by silicification
(quartz veins) or, more importantly, by massive sulfide replacement bodies,
which are significantly denser than host rocks.
§ Induced polarization (IP) survey:
Essential for mapping disseminated sulfide halos that typically surround a
CRD/skarn core. An IP chargeability anomaly coincident with a gravity high is a
very compelling drill target.
§ Strategic geochemistry: Soil and rock
sampling along faults for a broad suite of pathfinder elements. Look
for zonation patterns: distal elements like As, Sb, Hg near
epithermal faults, transitioning to Pb, Zn, Ag anomalies, potentially
with Cu, Bi, Mo as vectors closer to a potential intrusive heat
source.
Stage 3: Targeted drilling to test the hypothesis
·
Objective: Validate the existence of the carbonate horizon and test for
mineralization at the predicted intersection.
·
Drilling Strategy: Initial drill holes should be deep and strategically located.
o They must be designed to first intersect the projected fault
zone and then continue to penetrate the target carbonate unit at
the calculated intersection depth.
o Core logging must meticulously document lithology, alteration
(especially marble recrystallization, skarn minerals like garnet/diopside),
veining, and sulfide mineralogy.
Key geological risks & mitigations
·
Risk 1: The carbonate unit
is absent or non-reactive at depth.
o Mitigation: Use seismic refraction or
detailed gravity modelling to better constrain the basement architecture and
lithology before major drilling.
·
Risk 2: The epithermal
faults are disconnected from the deeper system.
o Mitigation: Perform fluid inclusion and
stable isotope (O, H) studies on the epithermal quartz to determine the
temperature and source of the fluids, checking for affinity with known CRD
fluids.
·
Risk 3: The system is barren
or only weakly mineralized.
o Mitigation: This is inherent to
exploration. Rigorous target ranking using all geophysical and geochemical data
is key to prioritizing the best intersection to test first.
Practical next steps for Vina
·
Immediate action: Compile all existing data (maps, drill logs, old reports,
geophysics) for Vina into a single GIS project. Digitise the epithermal fault
traces.
·
Priority survey: Commission a detailed ground gravity survey over the
Vina corridor, with lines oriented to cross the fault structures. This is
likely the fastest way to identify density anomalies worthy of follow-up.
·
Model & Predict: Build the initial 3D intersection model. The priority drill target
is the location where the largest/most continuous epithermal
fault intersects the shallowest projected depth to carbonate.
The Vina area, situated between two known world-class deposits, represents a classic "gap" target. The surface expression of epithermal veins makes it particularly compelling. The exploration strategy should be to treat the surface veins as the "smoke" and systematically search for the "fire" of a replacement body at their roots.
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