RI 4005 Modarelli Iron Deposit, Eureka County, Nev

The Modarelli iron deposit , formerly known as the Requa iron deposit , is 44 miles by road south of Palisade , Nev . , on the Southern Pacific and Western Pacific Railroads . Construction of 10 miles of new road, which is necessary in case the property is exploited , will reduce this distance to about 28 miles . The deposit was discovered in 1905 , and patent was obtained in 1907 . The present owners obtained title to the property in recent years by paying the delinquent taxes . There has been no production . The ore deposit is a replacement of a Tertiary volcanic believed to be a rhyolite . Except for evidence of slight shearing , the deposit has no apparent structure . Hematite is the principal ore mineral ; it is fine-grained and is associated with very fine-grained apatite and unidentified minerals assumed to be alteration products of residual rhyolite minerals .