The McArthur lead-zinc-silver deposit is of the stratiform type. It consists of a mineralized bituminous shale sequence containing some tuffites, numerous graded beds and isolated slump breccia horizons. The principal sulphides; pyrite, sphalerite and galena, are essentially restricted to the shales and the genetically unrelated turbidites contain only minor mineralization. The geochemistry of the deposit has been investigated with respect to the stratigraphio column and mineralogy of the sediments.