Abstract:Litun iron deposit in Yucheng city in Shandong province is a skarn type iron deposit covered by the Quaternary system.The geomagnetic anomaly of the area is verified by high precision magnetic measurement on the ground, which further delineates the geomagnetic anomaly range. Through field conversion of the geomagnetic anomaly ΔT data, four geomagnetic anomalies are delineated, and one of the anomalies is selected for drilling. For the first time, a skarntype iron deposit with high grade and large thickness is found in the northwest of Shandong province. Geological prospecting work has achieved an important breakthrough.