The Sichuan-Yunan-Guizhou triangle region contains numerous economically important carbonate-hosted Zn-Pb deposits that occur in the Late Indosinian thrust and fold system rather than foreland basin. In this paper, we investigate the thrust-controlled Zhugongtang deposit (>30.0 Mt ores @ 6.76 wt% Zn and 2.27 wt% Pb) as a case study, using ore deposit geology, in-situ trace elements and isotopes in sulfides, to provide new insights into the ore genesis of the MVT deposits in the thrust belts. The sulfide orebody is structurally controlled by a kilometer-scale thrust system and occurs as open-space fillings, vein or replacement structures. Trace elements in pyrite show a low concentration of Co, Ni, Tl and Se, suggesting that the sulfides were formed under low-temperature (100–250 °C) and slightly reduced conditions. The δ13CPDB values (？7.53 to +1.73‰) in calcite lie between the marine carbonate rocks and sedimentary organic matter, and the calculated δ18Ofluid values (+3.40 to +13.36‰) are different from that of marine carbonate rocks but partly overlap with the basinal brines. Such C-O isotope signature indicates that the carbon was mainly derived from the host rocks (limestone) with additional contribution from organic carbon. The oxygen isotope values suggest mixing of the basinal brine and the limestone. The δ34S values of sulfides within Permian strata (+12.2 to +15.3‰) and Devonian strata (+18.5 to +23.8‰) are similar to the coeval seawater sulfate within the ore-hosting strata, respectively. This indicates that the reduced sulfur is originated from evaporative sulfate within host rocks by thermo-chemical reduction in the near-close system. In-situ Pb isotopic ratios of galena (206Pb/204Pb = 18.566–18.758, 207Pb/204Pb = 15.757–15.769 and 208Pb/204Pb = 39.061–39.366) are comparable with the Proterozoic basement and the country rocks, indicating the mineralizing metals were mainly derived from basement rocks and partly extracted from country rocks via fluid-rock interaction. Regional geological evidence indicates the timing of Zn-Pb mineralization of Zhugongtang is Late Triassic to Early Jurassic and related to the Indosinian orogeny. Overall, the newly obtained trace element and isotopic data together with geological evidence suggest that the Zhugongtang deposit is an MVT deposit formed in the orogenic thrust belt and that fluid mixing was critical for the ore formation. (C) 2021 Elsevier Ltd. All rights reserved.

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