The Caijiaping leadzinc deposit, located in north Wuyi area, Jiangxi Province, is a newfound mediumsized deposit. Sandstones of the Jurassic Shuibei Formation(J1s) and Zhangping Formation(J2z) are wall rocks of orebodies. The leadzinc orebodies usually occur in the crush belts beside the fractures, and often exist in boundary surfaces of rhyolite porphyries and sandstones. On the basis of field work, by means of observation of microscope and analysis of electron probe, this paper researches main sulfide minerals of the deposit at great length. Oreforming process is preliminarily divided into sedimentary mineralization period, magmatic hydrothermal period and hypergene period. Magmatic hydrothermal period consists of mediumhigh temperature pyritesphalerite stage, mediumlow temperature quartzpolymetallic sulfide stage and carbonate stage. Mediumhigh temperature pyritesphalerite stage is characterized by medium and largegrained hypautomorphicautomorphic pyrite+christophite, which can reflect higher formation temperature. The alteration of this stage is epidotization. Mediumlow temperature quartzpolymetallic sulfide stage, which is a major metallogenetic stage, has a major ore mineral association consisting of pyrite+sphalerite+chalcopyrite+galena. The major alteration of this stage is silification, chloritization and sericitization. The data of electron probe indicate that following the mineralization, sulfur was more and more deficient. According to the trace element geochemistry of galena and sphalerite, mineralization mainly resulted from magmatic hydrothermal process superimposed on layercontrolling action and sedimentationmetamorphism, which indicates that the mineralization of this deposit is polygenous. The bedding and incision orebodies we found in the field imply that the origin and the type of the leadzinc orebodies are not single. Sulfur isotopic analysis indicates that sulfur of the Caijiaping deposit is mainly magmatic sulfur in origin, possibly mixed with mantlederived magma, and the sulfur isotope was approximately on balance when metallogenic materials were precipitated. The geologic thermometers of chlorite, cadmium and sulfur isotope show that the temperature of mineralization is 2923—4906 ℃, which is mediumhigh temperature and is consistent with the result of the trace element analysis. Additionally, it is found that the fault F4 cuts orebodies in the field, and the potash feldspar selected from felsic vein within F4 yields a 40Ar/39Ar age of 120±4 Ma, implying the mineralization of the Caijiaping deposit should occur before (120±4) Ma. Combining with previous studies, the authors speculate the age of mineralization was 120138 Ma, corresponding with extensional mineralization stage of the South China area. According to the researches above, the Caijiaping leadzinc deposit, a medium temperature hydrothermal deposit, mainly resulted from magmatic hydrothermal process. In addition, layercontrolling action and sedimentationmetamorphism also controlled the formation of the deposit.