RI 3961 Exploration of the Bourbon Magnetic Anomaly Crawford County, Missouri

"Magnetic surveys made by the Missouri Bureau of Geology and Mines in 931 and 1932 disclosed a large positive anomaly about a mile south of Bourbon, Mo. 3/ Electrical resistivity measurements made by the Division of Geophysical Exploration of the Bureau of Mines in the winter of 1942-43 indicated that the source of this anomaly was in the pre-Cambrian rhyolite at a depth of more than 1,400 feet. 4/In order to determine the character of the material that caused the magnetic anomaly, which might be either a body of magnetite or a large intrusive of basic rock, the Bureau of Mines drilled four holes to depths of 1,800 to 2,300 feet. Magnetite in rhyolite porphyry was encountered at 1,600 to 2,000 feet, and this is doubtless the main source of the magnetic anomaly, although it is possible that additional iron ore exists at greater depth.Hole 1 was apparently located southeast of the source of the anomaly and encountered only small stringers of magnetite. Hole 2 penetrated four mineralized zones having a total thickness of 125.7 feet and an average weighted content of 43.52 percent iron and 31.62 percent silica. These zones were tested again by a deflection hole, 2A, which gave nearly identical indications. Hole 3, 500 feet north of hole 2, penetrated 58 foot of mineralized rhyolito containing an average 43.4 percent iron.Metallurgical tests showed that the silica in the ore is tightly locked with the magnetite. After grinding to minus 100 mesh, a 66 percent iron con¬centrate with 7 percent silica was obtained by flotation."