As an IOCG deposit should, the Prospect shows a great amount of magnetism. In the magnetic map of Arizona below, the high magnetism of the Prospect can be seen at the tip of the arrow. By zooming, a small light pink area can be seen where the Prospect is located.
To verify this, a small, but powerful Neodymium magnet attached to a piece of dental floss was used to conduct a magnetic survey throughout the Molly Marie Prospect and the results were spectacular.
A 400 to 500 yards wide zone of highly magnetic granite if found surrounding the caldera. The magnet shown is stuck to a vertical face. This is albite-magnetite alteration.
Much of the basalt in the main Willow Springs wash and others has very high magnetism. The magnet by the hammer in this photo is stuck to a vertical face.
In the photo below, the altered basalt below the rock hammer is highly magnetic and the basalt above is non-magnetic. This is evidence of the hydrothermal activity that occurred beneath the basalt.
The altered basalt below is highly magnetic, and the magnet is stuck to a vertical face.
The below is Hematite breccia from Cerro Negra in the field. This likely originated from the boiling zone at the rhyolite porphyry.
The below is from a hematite breccia pipe from Cerro Negra. It is very slightly magnetic. Note: hematite by itself is not magnetic.
The rock below has veinlets of silica and magnetite and is from a breccia pipe in Area 1. The wider veinlet is very magnetic.
This breccia is from the volcanic neck of the caldera, and it is more magnetic than the red rhyolite porphyry.
This is a hematitic breccia from near the base of Cerro Negra. It’s magnetism is unknown.
This is exhalite from area 1, it high in hematite, and its magnetism was not tested.
This banded Chert shown below, in Area 3 is magnetic.
This slab of banded chert is magnetic.
This breccia from area 1 is magnetic.