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|The Proterozoic Pb-Zn deposits of the Gulf of Carpentaria, Australia, include HYC (McArthur River), Mt. Isa, Dugald River, Lady Loretta and Hilton. Two seamingly incom- patible depositional models have been proposed to account for their origin. Finlow-Bates (1980), Large (1983) and Russell(1983) classify these-deposits as sediment-hosted submarine exhalative deposits. This class includes Rammelsberg, Meggen, Silvermines, Sullivan and others. In contrast, a lacus- trine, shallow-water origin has been advocated by Williams and Logan (1981), Logan and Williams (1984), Muir (1983) and Eugster (1985). The discrepancies between these two models can be removed by creating a separate class, that of continental sediment-hosted exhalative deposits.. HYC., Mt. Isa and Dugald belong to this class and their sediments were deposited in shallow, alkaline lakes. Metal- rich, hot, Na-Ca-Cl brines entered the basins along boundary faults and interacted with pore fluids and sediments, depositing-Cu-Zn-Pb sul- fides. Similar brines entered the Lady Loretta basin after marine flooding, depositing sulfi- des and barite, placing Lady Loretta into the class of marine Sedex deposits.|