Abstract
Muguk gold deposits are composed of quartz veins emplaced along faults in Mesozoic granodiorite. General strikes and dips of the veins are $N15{\sim}20^{\circ}W$ and $70{\sim}80^{\circ}NE$. Associated ore minerals are pyrite, arsenopyrite, sphalerite, galena, chalcopyrite, pyrrhotite, native silver, argentite, tetrahedrite and electrum. Vein mineral paragenesis is complicated by repeated fracturing, but five distinct depositional stages can be recognized. Electrum grains are associated mainly with sulfide bands formed along both margins of pale pink quartz of stage 3, and with patches of pyrite aggregate of stage 4. Before the close down in 1972, Muguk gold mine yielded more than 8 tons of gold of which major portion was produced from the No.2 vein. No.2 vein, extending about 1,500m laterally, was exploited to a depth of about 750m. In 1984, Young-poong mining company acquired the mining property and began geologic mapping, geochemical and geophysical exploration, diamond drilling and exploration tunnelling around the mine area to seek for other rich gold-bearing quartz veins. As the Samhyungje vein was disclosed to be the most rich vein, exploration works were focussed on the Samhyungje vein. As of August 1987, 22,338m of diamond drilling and 9,652m of exploration tunnelling have been undertaken. Owing to the successful result of exploration, the Muguk mine commenced normal operation on January 1987, treating 5,500 tons of ore per month.