RI 5195 Studies Of The Snettisham Magnetite Deposit, Southeastern Alaska ? Summary

The Snettisham Peninsula, 30 miles southeast of Juneau, Alaska, was studied by the Bureau of Hines to obtain basic information about the size, grade, and metallurgical characteristics of a large basic intrusive containing titaniferous magnetite. The investigation, which was part of a continuing program to determine the potential reserves of iron and titanium ores in Alaska, included transit and magnetometer surveys, followed by diamond core drilling and metallurgical testing. The magnetic attraction of a part of the Snettisharn Peninsula is noted on early navigational charts prepared by the Coast and Geodetic Survey. Reconnaissance examinations by the Geological Survey and a preliminary dip needle survey by the Territorial Department of Mines indicated the general nature of the basic intrusive, but little was known as to the grade and extent of the magnetite mineralization. The detailed survey by the Bureau of Mines proved an area of approximately 390 acres in which generally high magnetic anomalies with exceptionally high localized anomalies occur. Subsequent drilling across B representative section of the deposit yielded core samples, which assayed from 11 percent to over 45 percent total iron. A large sample of core composited to represent the drilled portion of the de-posit assayed 18.9 percent Fe, 2.6 percent Ti02, and 0.29 percent S, 0.32 percent P, and 0.05 percent v.