196 The accompanying figure shows a belt of magnetite exposures in open- cuts, strippings, and a shallow shaft for a total length of 920 feet, but these are separated by intervals of drift varying in width from 25 to 180 feet. These artificial exposures show no relationship between magnetite and rock, nor between diorite and limestone. Since many of these are merely strippings, they afford very little information other than the surface extent of the magnetite, except in the case of one long trench where an ore layer may be observed to dip 65 degrees to the southwest. A marked impression is created that these exposures have little relationship to one another and that they are entirely unconnected. They seem to be the exposed parts of a series of irregular-shaped masses of magnetite whose principal extent is nearly horizontal rather than vertical. An attempt has been made on Figure 31 to separate exposures of nearly solid magnetite from other areas characterized by magnetite bunches and stringers in limestone. CHARACTER OF THE MAGNETITE - The magnetite in the bluff at the west end of the property, and within the tunnel, is a medium-grained, hard, dull black variety containing only a very small amount of visible sulphides. It is also to a large extent free from inclusions of silicates, but contains fragments of unreplaced limestone. Towards the east end of the showings, more pyrite is found in the magnetite, and there is a greater mixture with bunches of silicates. This may be due to the fact that in this part of the zone the individual masses of magne- tite are smaller than towards the west. ORIGIN OF THE DEPOSIT The deposit is undoubtedly a partial replacement of a limestone inclusion or elongated roof pendant in the Beale diorite. The localization of the magnetite in the tunnel between diorite and limestone, as well as the development of the typical contact lime-alumina silicates, and the sporadic nature of the individual showings, prove the replacement to have taken place under contact metamorphic conditions. ECONOMIC CONSIDERATIONS Extent of Deposit Exposures occur at intervals for a distance of 920 feet, but at no point except at the portal of the tunnel is a greater width than 40 feet of solid magnetite exposed. In the bluff at the west end of the deposit there is a width of about 60 feet of solid ore with an additional 20 or 30 feet of mixed limestone and magnetite. In all of these cases it is impossible to determine the direction, and consequently the amount of true width. Above the portal of the tunnel, there is continuously exposed a vertical height of 40 feet of magnetite; but with the exception of this and a 10-foot depth in the shallow shaft at the east end of the property, the greatest exposed depth is not over 2 or 3 feet.