They are predominantly stratiform accumulations of sulfide minerals that precipitate from hydrothermal fluids on or below the seafloor in a wide range of ancient and modern geological settings.
As a class, they represent a significant source of the world's copper, zinc, lead, gold and silver ores, with cobalt, tin, barium, sulfur, selenium, manganese, cadmium, indium, bismuth, tellurium, gallium and germanium as co- or by-products.
Volcanogenic massive sulfide deposits are forming today on the seafloor around undersea volcanoes along many mid ocean ridges, and within back-arc basins and forearc rifts.
The hanging wall to the deposit can be volcanic units essentially contiguous and coeval with the footwall rocks, indicating mineralisation was developed during an inter-eruptive pause.
Hybrid VMS-SEDEX deposits of the siliciclastic associations (see below) may be developed within interflow sediments or within units of sedimentary rocks which are present discontinuously throughout a larger and essentially contiguous volcanic package.
Altogether, these geological features have been interpreted to show an association of VMS deposits with hydrothermal systems developed above or around submarine volcanic centres.
The stockwork zone typically consists of vein-hosted sulfides (mostly chalcopyrite, pyrite, and pyrrhotite) with quartz, chlorite and lesser carbonates and barite.
Most VMS deposits show metal zonation, caused by the changing physical and chemical environments of the circulating hydrothermal fluid.
Ideally, this forms a core of massive pyrite and chalcopyrite around the throat of the vent system, with a halo of chalcopyrite-sphalerite-pyrite grading into a distal sphalerite-galena and galena-manganese and finally a chert-manganese-hematite facies.
Chlorite minerals are usually more magnesian in composition within the footwall alteration zone of a VMS deposit than equivalent rocks within the same formation distally.
Metamorphic mineralogical, textural and structural changes within the host volcanic sequence may also further serve to disguise original metasomatic mineral assemblages.
Deposits of this class have been classified by numerous workers in different ways (e.g., metal sources, type examples, geodynamic setting – see Franklin et al. (1981) and Lydon (1984)).
The Cyprus and Oman ophiolites host examples, and ophiolite-hosted deposits are found in the Newfoundland Appalachians, which represent classic districts of this subclass.