The Paleoproterozoic Stollberg Zn-Pb-Ag plus magnetite ore field contains SVALS-type stratabound, limestone-skarn hosted sulphide deposits within volcanic (bimodal felsic and mafic rocks)/volcaniclastic rocks metamorphosed to the amphibolite facies. The sulphide ores consist of semi-massive to disseminated to vein-network sphalerite-galena and pyrrhotite (with subordinate pyrite, chalcopyrite, arsenopyrite and magnetite). Thermochemical considerations and stabilities of minerals in the systems K-Al-Si-O-H and Fe-S-O and sulphur isotope values for sulphides of δ34SVCDT = +1.12 to +5.71 ‰ suggest that sulphur most likely formed by inorganic reduction of seawater sulphate that was carried in hydrothermally modified seawater fluid under the following approximate physicochemical conditions: T = 250o–350 oC, δ34SΣS = +3 ‰, I = ∼1 m NaCl and a total dissolved S content of ∼0.01 to 0.1 moles/kg H2O. However, a magmatic contribution of sulphur cannot be discounted. Carbon and oxygen isotope compositions of calcite in altered rocks spatially associated with mineralisation show values of δ13CVPDB = −2.3 to −0.8 ‰ and δ18OVSMOW = +9.5 to +11.2 ‰, with one anomalous sample exhibiting values of δ13CVPDB = −0.1 ‰ and δ18OVSMOW = +10.9 ‰. Most carbonates in ore show lighter C and O isotope values than those of Proterozoic (Orosirian) limestones and are likely the result of premetamorphic hydrothermal alteration involving modified seawater followed by decarbonation during regional metamorphism. The isotopically light C and O isotope values are consistent with those for carbonates spatially associated with other SVALS-type deposits in the Bergslagen ore district and suggest that such values may be used for exploration purposes.