Low-grade iron ore is found in magnetite-bearing pyroxenite bodies near Klukwan and Haines in Southeastern Alaska. An alluvial fan at Haines also contains magnetite-bearing rock of possible economic significance.
The Haines-Klukwan area is underlain by rocks of Mesozoic Including epidote diorite, quartz diorite, and alaskite of the Coast Range batholith, metabasalt (recrystallized lava flows and pyroclastic rocks), and, in the southern part, interbedded slate and limestone. Layering and foliation, where perceptible, generally strike northwest and dip steeply northeast. The iron deposits are found at or near the contact between the metabasalt and epidote diorite; they appear to represent highly-altered lava flows that were metamorphosed during the emplacement of the batholith. Several billion tens of rock containing about 13 percent magnetic iron are included in the pyroxenite body at Klukwan. Sampling and dip-needle data suggest the presence there of two or three tabular aches in which the rock has an average magnetic iron content of 20 percent or more. Pyroxenite bodies outcropping in three areas near Haines apparently are lower in grade than the Klukwan deposit; lack of exposures prevented thorough sampling but reconnaissance traverses with a dip needle failed to reveal important zones of high-grade iron ore.
An alluvial fan adjoining the pyroxenite body at Klukwan contains several hundred million tons of broken rock having a magneticiron content of about 10 percent.