Iron Pyrite, also known as Fool’s Gold, is an iron sulphide. Its metallic lustre and pale brass-yellow hue give it a resemblance to gold, hence the nickname Fool’s Gold. This Fool’s Gold is the slag residue out of my forge spray painted gold. The paint transforms the dull lifeless slag into something that looks like it has a value… Who’s fooling who?
Iron Pyrite is found with other sulphides or oxides in quartz veins, sedimentary rock, and metamorphic rock, as well as in coal beds. Despite being nicknamed fool’s gold, pyrite is sometimes found in association with small quantities of gold.