Found this in the woods

[tfrassi]

This rock is heavy like lead and Highly magnetic. What is it?

 

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[tamrock]

I'm thinking magnetite also called lodestone ??
Magnetite & Lodestone | Mineral Photos, Uses, Properties

 

[relic lover]

When you say magnetic do you mean it would pick up a paper clip? or a magnet sticks to it?

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[tfrassi]

I say highly magnetic means that a magnet would pick up this rock. It is not magnetized.

 

[tfrassi]

Have been told it might be an asteroid that has fusion crust rusted off?