Second Question. Why would they mix this type of materiel with "asphalt" ? I was camping one time up in the sierras and noticed something shiny at the edge of the road picked it up and this is what i found. The road was loaded with this Iron Ore stuff.
I recently picked up some pyrite and tourmaline bits in the gravel foundation material of the new building I work out of that was dug from a granite quarry.