Abstract:Xiagou iron deposit is located in eastern edge of Sino Korean paraplatform in Luxi uplift, and west part of Yishu fault zone. It is a mediumsized Anshan type iron deposit. The ore bodies occurred in metamorphic rocks of Yanlingguan formation in Taishan group. It is a set of basicultrabasic submarine volcano sedimentary formation. Distribution square of ore bodies is 0.27km2, the length is 225~1240m, the maximum oblique depth is 422m, average grade of TFe is 35.49%, and grade changes uniformly. Ore bodies are composed of some banded layers. Intrusive rocks in late period can be divided into 3 ore sections. Natural types of ore bodies are fine banded magnetite quartz amphibolite type. Ore grade is rather high with great economic value and scientific research value.