Geological and Geochemical Characteristics and Genesis of the Laoyingqing Zinc Deposit in Northeastern Yunnan

: The Laoyingqing zinc deposit is located in the Pb-Zn deposit concentration district in northeastern Yunnan, with a geotectonic location on the southwestern edge of the Yangtze block. This deposit occurs in the interlayer fracture zone of the Huangcaoling Formation slate in the Middle Proterozoic Kunyang Group. In this deposit, zinc is significantly enriched compared to lead, and the sulfur isotopic composition of sphalerite shows δ 34 S CDT close to negative values. These characteristics are different from the common Pb-Zn deposits that occur in Sinian and Carboniferous carbonate rocks in northeastern Yunnan. The genesis of this deposit and its similarities to and differences from other Pb-Zn deposits hosted in carbonate rocks in the Sichuan–Yunnan–Guizhou Pb-Zn metallogenic triangle area (SYGT) need further research. This article selects typical rock (ore) samples for fluid inclusion, trace element, and H–O isotope analyses. The results show that (1) the homogenization temperature of the fluid inclusions is 130~306.5 ◦ C, the salinity is 7.17 wt%~20.67 wt% NaCleq, and the density of the ore-forming fluids is 0.86–1.07 g/cm 3 . Overall, these ore-forming fluids belong to medium–low-temperature, medium–low-salinity, and medium–low-density ore-forming fluids, and they have reducibility. The fluid pressure is 36.3~85.6 Mpa, and the mineralization depth is 1.34~3.17 km. (2) The ore-forming fluids mainly came from deep-source metamorphic water and basin brine containing organic matter. (3) The ore-forming materials mainly came from the surrounding rocks (Kunyang Group). (4) The trace element characteristics of this deposit are different from sedimentary-exhalative type, magmatic hydrothermal type, and skarn type of Pb-Zn deposits, and have little difference from MVT Pb-Zn deposits. Based on the comprehensive analysis, this deposit is classified as a medium–low-temperature hydrothermal vein-type zinc deposit unrelated to magmatic activity. This study extends the ore-bearing surrounding rocks of Pb-Zn deposits in the SYGT to the slate of the Kunyang Group, enriching the regional Pb-Zn deposit mineralization theory and providing new ideas for mineralization prediction.


Introduction
Different scholars have proposed different viewpoints on the genesis of Pb-Zn deposits in the SYGT.The viewpoints of most scholars are that they are the Mississippi Valley type (MVT) and the strata-bound type dominated by sedimentation [1][2][3].By contrast, Han Runsheng et al. [4] proposed they are the Huize type (HZT). of 4.90%.The average thickness of the V 2 ore body in a single engineering project is 3.10 m, with an average grade of 5.36%.In the V 1 and V 2 zinc ore bodies, it is estimated that the 332 and 333 types of zinc resources are 657,500 tons, the total amount of zinc metals is 32,992.55tons, and the average grade of Zn is 5.02%.Among them, the amount of zinc resources of the 332 type is 328,600 tons, the amount of zinc metals is 15,916.40tons, and the average grade of Zn is 4.84%; the amount of zinc resources of the 333 type is 328,900 tons, the amount of zinc metals is 17,076.15tons, and the average grade of Zn is 5.19%.Base map data were obtained from [9].
The V1 and V2 ore bodies in the mining area are strictly controlled by the Wuxing anticline and occur in the F1 and F2 fracture zones, respectively (Figure 2).The occurrence of these ore bodies is basically consistent with the faults.The V1 and V2 ore bodies belong to steeply inclined ore bodies.The controlled ore bodies are 302-371 m long and 3.10-3.56m thick.The morphology of the ore bodies is irregular and locally swollen.The average thickness of the V1 ore body in a single engineering project is 3.56 m, with an average grade of 4.90%.The average thickness of the V2 ore body in a single engineering project is 3.10 m, with an average grade of 5.36%.In the V1 and V2 zinc ore bodies, it is estimated The metal minerals in the ores of this deposit are mainly waxy-yellow and iron-black sphalerite, with low contents of galena, chalcopyrite, pyrite, and limonite.The metal minerals do not reach industrial grade, except for sphalerite.The gangue minerals mainly Minerals 2024, 14, 6 4 of 22 include calcite and quartz, followed by mica, dolomite, chlorite, and a small amount of feldspar.The ores have an idiomorphic or semi-idiomorphic granular texture, including texture with a block-like, disseminated, or fine vein-like structure.The natural type of the ores is mainly sulfide ore, while the industrial type is mainly sphalerite-quartz vein-like structural breccia, accounting for about 87.3%.The secondary type is sphalerite-quartz vein-like slate, accounting for about 12.7%.The metal minerals in the ores of this deposit are mainly waxy-yellow and iron-black sphalerite, with low contents of galena, chalcopyrite, pyrite, and limonite.The metal minerals do not reach industrial grade, except for sphalerite.The gangue minerals mainly include calcite and quartz, followed by mica, dolomite, chlorite, and a small amount of feldspar.The ores have an idiomorphic or semi-idiomorphic granular texture, including texture with a block-like, disseminated, or fine vein-like structure.The natural type of the ores is mainly sulfide ore, while the industrial type is mainly sphalerite-quartz vein-like structural breccia, accounting for about 87.3%.The secondary type is sphalerite-quartz vein-like slate, accounting for about 12.7%.
Based on the typical ore samples and microscopic observations, the deposit had undergone a hydrothermal mineralization period and a supergene period, with two main mineral associations formed during the hydrothermal mineralization period (Figure 3).Based on the typical ore samples and microscopic observations, the deposit had undergone a hydrothermal mineralization period and a supergene period, with two main mineral associations formed during the hydrothermal mineralization period (Figure 3).
Sphalerite-quartz-carbonate combination: This combination is the main mineral combination of zinc ore in the mining area and is commonly seen.The main metal sulfide is sphalerite; the main gangue mineral is quartz, followed by calcite.This combination often exhibits strong zinc mineralization and a high zinc grade.Pyrite, quartz, and carbonate minerals such as dolomite formed in the earlier stage were metasomatized by sphalerite (Figure 4a-c).Based on the sequence of mineral formation shown in Figure 3, this mineral combination formed earlier and can be designated as the first stage of mineralization.Sphalerite-quartz-carbonate combination: This combination is the main mineral combination of zinc ore in the mining area and is commonly seen.The main metal sulfide is sphalerite; the main gangue mineral is quartz, followed by calcite.This combination often exhibits strong zinc mineralization and a high zinc grade.Pyrite, quartz, and carbonate minerals such as dolomite formed in the earlier stage were metasomatized by sphalerite (Figure 4a-c).Based on the sequence of mineral formation shown in Figure 3, this mineral combination formed earlier and can be designated as the first stage of mineralization.
Sphalerite-galena-pyrite-quartz-carbonate combination: This combination is a secondary mineral combination in the mining area.The main metal sulfide is sphalerite, followed by galena and pyrite; the main gangue mineral is quartz, followed by calcite.Zinc mineralization is weak, and the zinc grade is low.Sphalerite was metasomatized by quartz and pyrite, and formed an "island" and "harbor" structure (Figure 4d-f).Based on the sequence of mineral formation shown in Figure 3, this mineral combination formed relatively later and can be designated as the second stage of mineralization.
In summary, sphalerite was mainly formed in the first stage of hydrothermal mineralization.

Sample Collection
The samples of ore and surrounding rocks were collected from different middle sections of the V1 and V2 ore bodies in the Laoyingqing zinc deposit.Microthermometry and laser Raman spectroscopic analysis were performed on fluid inclusions in 3 quartz Sphalerite-galena-pyrite-quartz-carbonate combination: This combination is a secondary mineral combination in the mining area.The main metal sulfide is sphalerite, followed by galena and pyrite; the main gangue mineral is quartz, followed by calcite.Zinc mineralization is weak, and the zinc grade is low.Sphalerite was metasomatized by quartz and pyrite, and formed an "island" and "harbor" structure (Figure 4d-f).Based on the sequence of mineral formation shown in Figure 3, this mineral combination formed relatively later and can be designated as the second stage of mineralization.
In summary, sphalerite was mainly formed in the first stage of hydrothermal mineralization.

Sample Collection
The samples of ore and surrounding rocks were collected from different middle sections of the V 1 and V 2 ore bodies in the Laoyingqing zinc deposit.Microthermometry and laser Raman spectroscopic analysis were performed on fluid inclusions in 3 quartz and 3 sphalerite samples.Trace element analysis was performed on 7 sphalerite samples; rare-earth element analysis was performed on 6 sphalerite samples, 2 dolomite samples, 2 slate samples, and 1 structural breccia sample; and H-O isotope analysis was performed on 8 quartz samples.

Analysis and Testing Methods
The microthermometry of fluid inclusions was completed at the Fluid Laboratory of the Southwest Geological Survey Institute of the Nonferrous Metals Geological Survey Center.The instruments used included a THMS 600 heating and freezing stage (Linkam co., Surrey, UK) and a standard microscope equipped with an imaging analysis system.Prior to the experiment, the heating and freezing stage was calibrated using the standard of international synthetic fluid inclusions.Under low-temperature (<0 • C) and high-temperature (>200 • C) conditions, the instrument errors were ±0.1 • C and ±2 • C, respectively.
The laser Raman spectroscopic analysis was completed using a Renishaw in Via confocal laser Raman spectrometer (Renishaw Inc., Gloucester, UK) at the Faculty of Land Resource Engineering Kunming University of Science and Technology.The laser power was 25 mW, the laser wavelength was 514.53 nm, and the spatial resolution was 1-2 µm.The integration time was generally 30~60 s, and the peak was taken once in the entire wavelength range of 1000~4000 cm −1 .The laser beam spot diameter was about 1 µm.The spectral resolution was 1-2 cm −1 .
The analysis of trace element and rare-earth element contents in sphalerite was completed at the Central South Mineral Resources Supervision and Testing Center of the Ministry of Land and Resources.The testing instrument was ICP-MS, and the accuracy of the standard sample analysis was better than 5%.The limit of detection was (0.n~n) × 10 −9 [10].Please see Zhang Baoke et al. [11] for details regarding the analysis operation process.
The testing of rare-earth element composition in surrounding rocks was completed at the Northwest Mineral Geological Testing Center of Nonferrous Metals.The testing instrument was an ICP-MS, with an analysis accuracy of better than 2%, a temperature of 20 • C and a relative humidity of 30%.The main experimental parameters were as follows: carrier gas flow rate of 0.99 L/min; cooling air flow rate of 13.00 L/min; RF power of 1.35 KW; resolution of 300; and auxiliary air flow rate of 0.85 L/min.The instrument included a glass concentric atomizer; a glass mist chamber with water cooling; a membrane stripping injection device; and a nickel cone, with a pore size of 0.8 mm.
The H-O isotope testing was completed by Beijing Kehui Testing Technology Co., Ltd.The testing equipment used was a pyrolysis furnace (FlashEA, Thermo, Waltham, MA, USA) and a mass spectrometer (253 plus, Thermo, Waltham, MA, USA).The testing process and conditions were as follows: (1) hydrogen isotope testing of fluid inclusions: wrapping 40 to 60 mesh quartz single minerals in a tin cup, drying them, and then throwing them into a high-temperature (1420 • C) pyrolysis furnace.The generated H 2 and CO passed through a chromatographic column and entered a mass spectrometer for determination of the isotopic ratio of the δD value of H 2 .The testing accuracy of the international standard substance (polyethylene, IAEA-CH-7, δD V-SMOW = −100.3‰)was better than 1‰ [12].
(2) Oxygen isotope testing: grinding the samples to 200 mesh, weighing 6 mg of pure quartz samples or silicate minerals with equivalent oxygen content, and then placing the samples in an oven at 105 • C for 12 h.The traditional BrF 5 analysis method [13] was used, and the analytical accuracy of the standard sample was better than ±0.2‰, with a relative standard of V-SMOW.The testing instrument was a 253 plus gas isotope ratio mass spectrometer.

Fluid Inclusions 4.1.1. Petrographic Characteristics of Fluid Inclusions
The fluid inclusions in the sphalerite and the quartz of this deposit are both primary fluid inclusions that are dispersedly distributed and irregularly shaped, including being approximate triangular, approximate rectangular, and approximate elliptical, with sizes ranging from 10-40 µm.The fluid inclusion gas in quartz accounts for 5% to 35% of the total volume, while the fluid inclusion gas in sphalerite accounts for 5% to 20% of the total volume.In some fluid inclusions, in addition to gas-and liquid-phase components, there are also daughter minerals such as quartz and sphalerite.According to the classification scheme proposed by Lu Huanzhang et al. [14], these fluid inclusions could be classified as liquid inclusions (the liquid phase accounts for more than 50% of the fluid inclusion volume) and multiphase inclusions containing daughter minerals (Figure 5).The salinity and homogenization temperature of the primary gas-liquid two-phase fluid inclusions and primary multiphase inclusions containing daughter minerals in 54 quartz and 11 sphalerite samples were measured.
The homogenization temperature of fluid inclusions ranges from 130 °C to 306.5 °C,

Laser Raman Spectroscopy of Fluid Inclusions
The liquid component of the fluid inclusions in quartz is H2O (Figure 7a), an bubble component is H2O (Figure 7b) with a small amount of CO (2143 cm −1 ) (Figu The liquid composition of the fluid inclusions in sphalerite is H2O (Figure 7d), an bubble composition is H2O (Figure 7e,f).

Laser Raman Spectroscopy of Fluid Inclusions
The liquid component of the fluid inclusions in quartz is H 2 O (Figure 7a), and the bubble component is H 2 O (Figure 7b) with a small amount of CO (2143 cm −1 ) (Figure 7c).The liquid composition of the fluid inclusions in sphalerite is H 2 O (Figure 7d), and the bubble composition is H 2 O (Figure 7e,f).

Trace Elements
The trace element analysis results of seven sphalerite samples (Table 1) show that the trace element composition of sphalerite in this deposit has the following characteristics: 1.
The contents of Tl and Sr are extremely low and have a small range of variation.The maximum value of Tl in the samples is 0.07 µg/g, and the minimum value is less than the detection limit (0.01 µg/g, n = 7).The variation range of Sr is 0.91~2.16µg/g, and the mean is 1.33 µg/g (n = 7).

Laser Raman Spectroscopy of Fluid Inclusions
The liquid component of the fluid inclusions in quartz is H2O (Figure 7a), and the bubble component is H2O (Figure 7b) with a small amount of CO (2143 cm −1 ) (Figure 7c).The liquid composition of the fluid inclusions in sphalerite is H2O (Figure 7d), and the bubble composition is H2O (Figure 7e,f).

Rare-Earth Elements
The rare-earth element analysis results of seven samples of sphalerite, two samples of dolomite, two samples of slate, and one sample of tectonic breccia (Table 2) are as follows: The rare-earth elements in the sphalerite of this deposit are characterized by an enrichment of light rare-earth elements, with the LREE/HREE ratios ranging from 6.71 to 8.28 and a mean of 7.39.The δEu values range from 0.85 to 1.36, with an average value of 1.06, indicating that the content of Eu element is close to chondrites and has no obvious enrichment or depletion characteristic.The δCe values range from 0.89 to 1.03, with an average of 0.96, indicating that the content of Ce element is close to chondrites and has no obvious enrichment or depletion characteristics.The (La/Yb) N ratios are all greater than 1, ranging from 7.29 to 9.51, indicating a right-leaning feature of the rare-earth-element distribution curves.The (La/Sm) N ratios range from 4.43 to 7.99, with an average of 5.79, and the (Gd/Yb) N ratios range from 0.74 to 1.52, with an average of 1.14, indicating that the internal differentiation of heavy rare-earth elements is not significant, while the internal differentiation of light rare-earth elements is relatively strong.
The ΣREE of tectonic breccia is 242.54 µg/g, and the LREE/HREE ratio is 10.21, indicating the enrichment characteristics of light rare-earth elements.The δEu value is 0.64, indicating a weak negative anomaly in Eu.The δCe value is 0.96, indicating a weak negative anomaly in Ce.The (La/Yb) N ratio is 11.25, indicating a right-leaning feature of the rare-earth-element distribution curve.The (La/Sm) N ratio is 3.94 and the (Gd/Yb) N ratio is 1.89, indicating that the internal differentiation of heavy rare-earth elements is not significant, while the internal differentiation of light rare-earth elements is relatively strong.
The ΣREE of dolomite ranges from 185.73 to 186.43 µg/g, with an average of 186.08 µg/g.The LREE/HREE ratios range from 9.78 to 10.22 µg/g, with an average of 10 µg/g, indicating the enrichment characteristics of light rare-earth elements.The δEu values range from 0.68 to 0.69, with an average of 0.685, indicating a weak negative anomaly in Eu.The δCe values are all 0.94, indicating a weak negative anomaly in Ce.The (La/Yb) N ratios range from 11.36 to 11.98, indicating a right-leaning feature of the rare-earth-element distribution curves.The (La/Sm) N ratios range from 4.04 to 4.07, with an average of 4.055, and the (Gd/Yb) N ratios range from 1.94 to 2.02, with an average of 1.98, indicating that the internal differentiation of heavy rare-earth elements is not significant, while the internal differentiation of light rare-earth elements is relatively strong.
The ΣREE of slate ranges from 190.59 to 212.56 µg/g, with an average of 201.56 µg/g.The LREE/HREE ratios range from 9.95 to 10.87 µg/g, with an average of 10.41 µg/g, indicating the enrichment characteristics of light rare-earth elements.The δEu values range from 0.69 to 0.70, with an average of 0.695, indicating a weak negative anomaly in Eu.The δCe values range from 0.94 to 0.95, with an average of 0.945, indicating a weak negative anomaly of Ce.The (La/Yb) N ratios range from 11.41 to 12.60, indicating a right-leaning feature of the rare-earth-element distribution curves.The (La/Sm) N ratios range from 4.15 to 4.25, with an average of 4.20, and the (Gd/Yb) N ratios range from 1.92 to 2.01, with an average of 1.965, indicating that the internal differentiation of heavy rare-earth elements is not significant, while the internal differentiation of light rare-earth elements is relatively strong.

H-O Isotopes
The homogenization temperature of fluid inclusions in the Laoyingqing zinc deposit ranges from 130 • C to 306.5 • C, with an average of 207.8 • C. According to Clayton's [15] calculation formula, 1000lna = δ 18 O quartz − δ 18 O water = 3.38 × 10 6 /T 2 − 3.4, where T is taken as 207.8 • C. The calculation results of δ 18 O water (Table 3) show that the δ 18 O water values of the ore-forming fluids of this deposit range from 4.79‰ to 6.89‰ (average of 5.71‰).The density of ore-forming fluids can be obtained via the conversion of the homogenization temperature and salinity of fluid inclusions.According to the density formula [16], under low-salinity conditions (wt% (NaCleq) ≤ 25), the density of the ore-forming fluids in this deposit ranges from 0.86 to 1.07 g/cm 3 , with an average value of 0.96 g/cm 3 .

Ore-Forming Pressure
Based on the homogenization temperature and salinity of fluid inclusions, using the empirical formula for calculating fluid pressure by Shao Jielian [17], P = P 0 × t h /t 0 (10 5 Pa) (P 0 = 219 + 2620 × w and T 0 = 374 + 920 × w).In this formula, P is the ore-forming pressure, t h is the homogenization temperature, and w is the salinity of the ore-forming fluids.The fluid pressure of the corresponding fluid inclusions was obtained.The results show that the fluid pressure range of the gas-liquid two-phase inclusions and multiphase inclusions containing daughter minerals in this deposit is 36.3~85.6Mpa.

Mineralization Depth
Using the empirical formula for mineralization depth [18], H = P × 1/270 (km), the corresponding burial depth range was calculated to be 1.34~3.17km, with an average of 2.26 km.
According to W. Lingren's [19] classification, the temperature of mesothermal deposits is 300~200 • C, and the pressure is (1~5) × 10 7 Pa, with a mineralization depth of approximately 2~0.5 km; the temperature of a low-temperature hydrothermal deposit ranges from 200 to 50 • C, and the pressure is less than 10 7 Pa.The temperature, pressure, and depth of mineralization of this deposit are generally within the range of medium-temperature hydrothermal deposits.Therefore, this deposit is classified as a medium-low-temperature hydrothermal deposit.

Comparison of Mineralization Temperatures
Compared to the main Pb-Zn deposits listed in Table 4 in the Sichuan-Yunnan-Guizhou Pb-Zn metallogenic triangle area (SYGT) and a typical MVT Pb-Zn deposit in Huayuan, western Hunan, the range of mineralization temperature of this deposit is wide, with the end-member being a high-temperature fluid.The salinity is also relatively high, and the range is relatively wide.Overall, the mineralization temperature of this deposit is consistent with the overall mineralization temperature of the SYGT and similar to the MVT Pb-Zn deposit in Huayuan, western Hunan.

Trace Elements
MVT deposits are the main source of associated Ge worldwide [28].Compared to the Pb-Zn deposits in the Mississippi Valley region of the United States, in which the w(Ge) content of sphalerite is mostly less than 20 × 10 −6 µg/g [29], the Pb-Zn deposits in northeastern Yunnan generally have a high Ge content.Among them, the w(Ge) content in sphalerite of the Fule Pb-Zn deposit in Yunnan is 170 × 10 −6 µg/g [30], and the maximum of w(Ge) in sphalerite of the Huize Pb-Zn deposit is 520 × 10 −6 µg/g [30][31][32].The average value of w(Ge) in the Laoyingqing zinc deposit is 61.2 × 10 −6 µg/g, which is also in line with this observation.
The Cd/Mn ratio in sphalerite can determine whether there is magmatic activity involved in the mineralization process.Sphalerite related to magmatic activity often has a low Cd/Mn ratio (<5), while sedimentary or strata-bound deposits have a Cd/Mn ratio greater than 5 [33].In addition, the content of Ge in sphalerite has indicative significance for mineralization, and the content of Ge in sphalerite deposits related to magmatic hydrothermal activity is usually less than 3 × 10 −6 µg/g [34].
The Cd/Mn ratios in the sphalerite of this deposit range from 41.10 to 131.34 (mean 80.66).The content of Ge in the sphalerite of this deposit ranges from 38.7 × 10 −6 µg/g to 85.2 × 10 −6 µg/g.The above data indicate that the mineralization process of sphalerite in this deposit is not related to magmatic activity.
The content of Cd in this deposit is lower than the MVT Pb-Zn deposit in the Huayuan area of western Hunan [27], the MVT Pb-Zn deposit in Lehong, northeastern Yunnan [3], and the HZT (Huize-type) Pb-Zn deposit in Huize [20], but it is within the Cd content range of MVT Pb-Zn deposits.
Li Yungang et al. [35] compared the chemical analysis results of Cd and Fe contents in sphalerite from different Pb-Zn deposits in the Sichuan-Yunnan-Guizhou region, and found a negative correlation between Fe and Cd contents.A high Fe content in the fluid will inhibit Cd from entering the sphalerite lattice.The low Cd content in the sphalerite of this deposit suggests that the Fe 2+ content in the fluid is high, which suppresses Cd from entering sphalerite during the formation process of sphalerite.
In a study of different types of Pb-Zn deposits in southern China, Ye et al. [36] found that sedimentary-exhalative deposits have relatively high levels of Fe, Mn, and In, but lacking in Cd, Ge, and Ga, while distal skarn deposits are significantly enriched in Co and Mn, but lacking in In, Sn, and Fe.Magmatic hydrothermal deposits are enriched in Fe, Mn, In, Sn, and Co, but lacking in Cd, Ge, and Ga, while MVT Pb-Zn deposits are enriched in Ge, Cd, and Ga, but lacking in Fe, Mn, In, Sn, and Co.In addition to enriched Pb and Zn, the ores of HZT (Huize-type) Pb-Zn deposits are enriched in associated elements such as Ge, Ag, Cd, Ga, and In [4].This deposit is enriched in Ga and Ge, which is different from sedimentary-exhalative and magmatic hydrothermal Pb-Zn deposits.From the above, it can be seen that the mineralization process of this deposit is not related to magmatic activity, indicating that the genesis of this deposit is not a skarn type (Table 5).
Through further comparison, it can be seen that in the Ge-Mn and Mn-Cd relationship diagrams, the content of sphalerite of this deposit falls within the trace element range of MVT and HZT (Huize-type) deposits, while in the Ga-Ge relationship diagram, the content of sphalerite of this deposit falls within the range of MVT Pb-Zn deposits, which is different from HZT (Huize-type) Pb-Zn deposits.In the Sb-Cu and Ni-Co relationship diagrams, the content of sphalerite of this deposit shows some differences from MVT and HZT (Huize-type) Pb-Zn deposits (Figure 8).Huayuan, western Hunan [27]; and Huayuan, western Hunan [38]. Figure 8. Scatter plots of trace elements in different types of sphalerite: Huize [20,37]; Le Hong [20]; Huayuan, western Hunan [27]; and Huayuan, western Hunan [38].

Rare-Earth Elements
Anomalies in δEu and δCe can be used to discuss the oxidation-reduction property of ore-forming environments.However, an anomaly in Eu is the result of a combination of temperature, pH, oxidation-reduction property, and pressure, and is mainly influenced by temperature [47][48][49].An anomaly in Ce is determined by the oxidationreduction property, PH, and oxygen fugacity of ore-forming fluids [49].Compared to situations referring to a single δEu or δCe anomaly, the authors believe that it is more objective to discuss the oxidation-reduction property of ore-forming environments synthesizing Eu anomaly, ΣREE, and ΣLREE/ΣHREE ratio.Zhou Jiaxi et al. [50] proposed that minerals often exhibit a negative Eu anomaly, a high ΣREE, and a low ΣLREE/ΣHREE ratio under relative oxidation conditions, whereas they exhibit a positive Eu anomaly, a low ΣREE, and a high ΣLREE/ΣHREE ratio under reduction conditions.In Table 6, the ore-forming fluids of the Huize [51], Daliangzi, and Tianbaoshan [52] Pb-Zn deposits exhibit reducibility.When compared to the Eu anomaly, ΣREE, and ΣLREE/ΣHREE ratio of the Laoyingqing deposit, the results indicate that the rare-earth element characteristics of this deposit are more reducible than the other deposits.Combined with the CO detected in the fluid inclusions, the results indicate that the ore-forming fluids of this deposit are reducible.The sphalerite and surrounding rocks (tectonic breccia, dolomite, and slate) in this deposit have similar rare-earth-element distribution patterns (Figure 9), suggesting that the surrounding rocks (Kunyang Group) of this deposit provide ore-forming materials for sphalerite.There is a large scale of Emeishan basalt exposed in the SYGT.Regarding the source of ore-forming materials in this area, there is a viewpoint that it is provided by the synergistic supply of carbonate rock strata and Emeishan basalt [9,54,55].It cannot be completely ruled out that there is Emeishan basalt in the deep part of this deposit activated by ore-forming fluids, which provides a small amount of metallic elements for this deposit.This conclusion is consistent with the conclusion obtained by Gong et al. [7] through Pb and Sr isotope research.The Y and Ho elements have the same valence state and ion radius, and their ion radii with eight co-ordination numbers are almost identical.Therefore, this pair of elements exhibit close consistency in most geochemical environments in terms of geochemical behavior [57].Bau and Dulski [58] believe that there is no significant change in Y/Ho values in different types of magmatic rocks, sedimentary rocks, and chondrites.The Y/Ho ratios in chondrites range from 24 to 36.The Y/Ho ratios in the sphalerite of this deposit range from 20.60 to 33.20, and the Y/Ho ratios in the dolomite of this deposit range from 33.30 to 35.70, indicating that the surrounding rock (dolomite) in the mining area may provide ore-forming materials for sphalerite.

Source of Ore-Forming Fluids
Compared to a typical brine basin in North America (Illinois, California Basin) and the Sichuan Basin, the ore-forming fluids of this deposit have the characteristics of low δD and high δ 18 Owater values (Figure 10).The characteristic of the δD-δ 18 O relationship diagram of gangue minerals in this deposit suggests that it may have mixed sources of magmatic water, metamorphic water, and organic fluids, and may have some atmospheric precipitation.However, the aforementioned trace element characteristic of Cd/Mn suggests that this deposit does not contain magmatic water.In the Kunyang Group of the mining area, deep-source metamorphic water mixed with basin brine containing organic matter, and then underwent water-rock reaction with surrounding rocks enriched in organic matter, resulting in low δD values.Deep-source metamorphic water reacted with carbonate rocks during the process of deep-source metamorphic water rising, resulting in high δ 18 O values.This does not rule out the reaction between atmospheric precipitation and carbonate rocks in various layers during the atmospheric precipitation infiltration process, resulting in high δ 18 O values.The Y and Ho elements have the same valence state and ion radius, and their ion radii with eight co-ordination numbers are almost identical.Therefore, this pair of elements exhibit close consistency in most geochemical environments in terms of geochemical behavior [57].Bau and Dulski [58] believe that there is no significant change in Y/Ho values in different types of magmatic rocks, sedimentary rocks, and chondrites.The Y/Ho ratios in chondrites range from 24 to 36.The Y/Ho ratios in the sphalerite of this deposit range from 20.60 to 33.20, and the Y/Ho ratios in the dolomite of this deposit range from 33.30 to 35.70, indicating that the surrounding rock (dolomite) in the mining area may provide ore-forming materials for sphalerite.

Source of Ore-Forming Fluids
Compared to a typical brine basin in North America (Illinois, California Basin) and the Sichuan Basin, the ore-forming fluids of this deposit have the characteristics of low δD and high δ 18 O water values (Figure 10).The characteristic of the δD-δ 18 O relationship diagram of gangue minerals in this deposit suggests that it may have mixed sources of magmatic water, metamorphic water, and organic fluids, and may have some atmospheric precipitation.However, the aforementioned trace element characteristic of Cd/Mn suggests that this deposit does not contain magmatic water.In the Kunyang Group of the mining area, deep-source metamorphic water mixed with basin brine containing organic matter, and then underwent water-rock reaction with surrounding rocks enriched in organic matter, resulting in low δD values.Deep-source metamorphic water reacted with carbonate rocks during the process of deep-source metamorphic water rising, resulting in high δ 18 O values.This does not rule out the reaction between atmospheric precipitation and carbonate rocks in various layers during the atmospheric precipitation infiltration process, resulting in high δ 18 O values.Chipu [22], Tianbaoshan [23,61], Maozu [9,62], Daliangzi [63], Mao Ping [64], and Jinniuchang [21].Base map data were obtained from [65].
In summary, the ore-forming fluids of this deposit mainly came from a mixture of deep-source metamorphic water and basin brine containing organic matter.Based on the homogenization temperature and salinity test results of fluid inclusions and the ore-forming fluid properties mentioned above, it is believed that the ore-forming fluids have the characteristics of medium-low temperature, medium-low salinity, medium-low density, and reducibility.

Genesis and Metallogenic Model of Deposit
MVT Pb-Zn deposits mainly occur in carbonate rock (mainly dolomite) formations, especially dolomite and a small amount of associated sandy or muddy rocks [19].There are also reports of occurrence in schist, marble, breccia [66], gravel rock [67], limestone, and shale [68].There is a significant difference in the lithology and occurrence status of the ore body of this deposit and that of MVT Pb-Zn deposits.Based on a comprehensive analysis of temperature, salinity, and trace element characteristics, it is believed that this deposit is a medium-low-temperature hydrothermal vein-type zinc deposit.
Based on the research conclusions regarding rare-earth elements and H-O isotopes, combined with previous research results, the mineralization process of the Laoyingqing zinc deposit can be described as a collision between the Indosinian landmass and Yangtze landmass in the late Indosinian period (about 200 Ma), which led to the closure of the ancient Tethys Ocean and the formation of the Wuxing anticline [7].The basin fluids underwent large-scale migration under the action of gravity, and a small amount of gypsum-salt layer sulfate from marine carbonate rocks of the Dengying Formation of the Sinian system was extracted.Under the tectonic driving forces, deep-source fluids migrated upwards along faults and major ore-forming metal ions, such as Pb and Zn, from the basement (Kunyang Group) were extracted.When the two types of fluids migrated to the interlayer-gliding fracture zones of the basement strata in the core of the Wuxing anticline, the thermal energy brought by the two types of fluids led to the pyrolysis of sulfur-containing organic matter in the surrounding rocks (Kunyang Group), and produced Chipu [22], Tianbaoshan [23,61], Maozu [9,62], Daliangzi [63], Mao Ping [64], and Jinniuchang [21].Base map data were obtained from [65].
In summary, the ore-forming fluids of this deposit mainly came from a mixture of deep-source metamorphic water and basin brine containing organic matter.Based on the homogenization temperature and salinity test results of fluid inclusions and the oreforming fluid properties mentioned above, it is believed that the ore-forming fluids have the characteristics of medium-low temperature, medium-low salinity, medium-low density, and reducibility.

Genesis and Metallogenic Model of Deposit
MVT Pb-Zn deposits mainly occur in carbonate rock (mainly dolomite) formations, especially dolomite and a small amount of associated sandy or muddy rocks [19].There are also reports of occurrence in schist, marble, breccia [66], gravel rock [67], limestone, and shale [68].There is a significant difference in the lithology and occurrence status of the ore body of this deposit and that of MVT Pb-Zn deposits.Based on a comprehensive analysis of temperature, salinity, and trace element characteristics, it is believed that this deposit is a medium-low-temperature hydrothermal vein-type zinc deposit.
Based on the research conclusions regarding rare-earth elements and H-O isotopes, combined with previous research results, the mineralization process of the Laoyingqing zinc deposit can be described as a collision between the Indosinian landmass and Yangtze landmass in the late Indosinian period (about 200 Ma), which led to the closure of the ancient Tethys Ocean and the formation of the Wuxing anticline [7].The basin fluids underwent large-scale migration under the action of gravity, and a small amount of gypsumsalt layer sulfate from marine carbonate rocks of the Dengying Formation of the Sinian system was extracted.Under the tectonic driving forces, deep-source fluids migrated upwards along faults and major ore-forming metal ions, such as Pb and Zn, from the basement (Kunyang Group) were extracted.When the two types of fluids migrated to the interlayer-gliding fracture zones of the basement strata in the core of the Wuxing anticline, the thermal energy brought by the two types of fluids led to the pyrolysis of sulfur-containing organic matter in the surrounding rocks (Kunyang Group), and produced the main reducing sulfur.Accompanied by changes in physical, chemical, and other mineralization conditions, the Laoyingqing zinc deposit was formed (Figure 11).

Conclusions
The ore-forming fluids of the Laoyingqing zinc deposit are characterized by medium-to-low temperature, medium-to-low salinity, medium-to-low density, and reducibility.The fluid pressure ranges from 36.3 to 85.6 Mpa, and the ore-forming depth ranges from 1.34 to 3.17 km.The fluids mainly came from deep-source metamorphic water and basin brine containing organic matter.The main source of ore-forming minerals is the surrounding rocks of the deposit (Kunyang Group).
The characteristics of trace elements indicate that this deposit is different from exhalative-sedimentary type, magmatic hydrothermal type, and skarn type of Pb-Zn deposits; its mineralization process is not related to magmatic activity and also shows some differences from the geological characteristics of MVT and HZT Pb-Zn deposits.
This deposit belongs to a medium-low-temperature hydrothermal vein-type zinc deposit unrelated to magmatic activity.

Materials 2024 , 23 Figure 1 .
Figure 1.Structural sketch of Southwest China (a) and distribution map of main faults and mineral deposits in the SYGT (b).Base map data were obtained from [9].

Figure 1 .
Figure 1.Structural sketch of Southwest China (a) and distribution map of main faults and mineral deposits in the SYGT (b).Base map data were obtained from [9].

Materials 2024 ,
17, x FOR PEER REVIEW 4 of 23tons, and the average grade of Zn is 4.84%; the amount of zinc resources of the 333 type is 328,900 tons, the amount of zinc metals is 17,076.15tons, and the average grade of Zn is 5.19%.

Figure 2 .
Figure 2. Geological map of the Laoyingqing zinc deposit (a); geological sketch of the deposit (b); and geological profile of Exploration Line 12 in Laoyingqing Ore Block and geological profile of Exploration Line 104 in Laolongtian Ore Block (c) [7].

Figure 2 .
Figure 2. Geological map of the Laoyingqing zinc deposit (a); geological sketch of the deposit (b); and geological profile of Exploration Line 12 in Laoyingqing Ore Block and geological profile of Exploration Line 104 in Laolongtian Ore Block (c) [7].
Materials 2024, 17, x FOR PEER REVIEW 8 of 23classified as liquid inclusions (the liquid phase accounts for more than 50% of the fluid inclusion volume) and multiphase inclusions containing daughter minerals (Figure5).

Figure 5 .
Figure 5. Microscopic image of fluid inclusions in the Laoyingqing zinc deposit: (a) smaller fluid inclusions in sphalerite; (b) smaller fluid inclusions in quartz; (c-i) gas-liquid two-phase fluid inclusions in quartz; and (j-l) gas-liquid two-phase fluid inclusions in sphalerite.4.1.2.Temperature and Salinity Measurement Results of Fluid Inclusions

Figure 6 .
Figure 6.Histogram of homogenization temperature and salinity of fluid inclusions in Laoyingqing zinc deposit.

Figure 6 .
Figure 6.Histogram of homogenization temperature and salinity of fluid inclusions in Laoyingqing zinc deposit.

Figure 9 .
Figure 9.The distribution pattern diagram of rare-earth elements standardized by chondrite from Laoyingqing zinc deposit (the REE content of chondrite [56]).

Figure 9 .
Figure 9.The distribution pattern diagram of rare-earth elements standardized by chondrite from Laoyingqing zinc deposit (the REE content of chondrite [56]).

Materials 2024 ,
17,  x FOR PEER REVIEW 20 of 23 the main reducing sulfur.Accompanied by changes in physical, chemical, and other mineralization conditions, the Laoyingqing zinc deposit was formed (Figure11).

Figure 11 .
Figure 11.Metallogenic model map of the Laoyingqing zinc deposit.

Table 3 .
H-O isotope composition in the Laoyingqing zinc deposit.

Table 4 .
Comparison table of fluid inclusion temperature and salinity of main Pb-Zn deposits in the SYGT and a typical MVT Pb-Zn deposit in Huayuan, Western Hunan.

Table 6 .
Rare-earth element characteristics of sphalerite in major Pb-Zn deposits in the SYGT.