Iron is an essential ingredient for steel production and despite the anticipated transition into the ''silicon age'' there is yet to be any satisfactory substitute for steel in any industrialized society. With about 5 wt%, iron is the fourth most abundant element (after Oxygen, Silicon and Aluminum) in earth's crust (Gutzmer and Beukes 1998). Iron is hosted by deposits of various size, grade and origin and is known to occur in sedimentary, hydrothermal and magmatic environments. High-grade ores are usually formed by hydrothermal processes. However, more than 95of exploited deposits till today are of sedimentary origin (Gutzmer and Beukes, 1998). Iron ores have a wide range of formation in geologic coupled with a wide geographic distribution. They are found in the oldest known rocks of the earth's crust, with an age in excess of 2.5 billion years, as well as in rock units formed in various subsequent ages. Iron ore deposits occur in various locations in Nigeria, but mainly in the north-central, northeast and southeast regions (KPMG, 2012). The deposits typically occur in form of hematite, magnetite, metasedimentary bands of ferruginous quartzites, sedimentary ores, limonite, maghemite, goethite and siderite. These deposits are grouped into two prominent types; the Banded iron formation occurring in folded bands and lenses associated with the Precambrian metasedimentary schist belts outcropping in the western half of the country which includes the Tajimi, Itakpe, Ajabanoko, Ochokochoko, Toto, Farin Ruwa, Birnin Gwari, Kaura Namoda, % Kakun, Maru, Jama'are, Isanlu, Roni and Ogbomoso areas while the Cretaceous sedimentary deposits occur predominantly around Agbaja, Kotonkarfi, Bassange and Nsudde areas respectively (MMSD 2010). The ironstone deposit of the campano-maestrichtian mid Niger or Nupe basin around Bida and Lokoja districts covers a combined area of about 600km 2. Ore reserves of over 3billion tones assaying between 40-50% iron have been delineated for these districts (falconer, 1911; Jones, 1955; Adeleye 1976). These oolitic ironstones formations were first documented by Falconer (1911) as capping to mount patti near Lokoja. Geological survey of Nigeria in 1955 mapped out an extensive ironstone deposit similar to the ones at mount patti around the Lokoja confluence. BRGM (1982) used Samples and lithologies from exploratory wells in these areas to delineate three target areas; Agbaja-mount patti, koton karfe and Basange.