Two unknown iron ore samples were found by a geologist from Ok Tedi Mining Limited copper, gold and silver mine at an old wharf site dedicated to a 1970s drilling program in Lake Murray in Papua New Guinea (PNG). These iron ore samples could not come from a PNG mine and it was decided that a study should be undertaken to understand their origin. Lake Murray is the largest lake in PNG with a total surface area of 647 km2. It has a high-water 2038 km long convoluted shoreline with seasonal water level changes (Osborne, Kyle and Abramski, 1987) and it is located around 200 km south of the Ok Tedi mine (5°13’25”S, 141°09’37”E). The petrology, mineralogy and chemistry of two Fe samples (Ok Tedi 1 and Ok Tedi 2) included optical microscopy, X-ray fluorescence (XRF) analysis and a comparison with worldwide iron ore deposits. The two rock samples were cut to produce two subsamples: (1) a polished thin section; and (2) a pulp that was used for XRF analysis including major, minor and trace elements. Ok Tedi 1 and Ok Tedi 2 were petrologically and chemically compared to a range of known iron ore samples from Australia, Brazil and South Africa. The petrological study of Ok Tedi 1 indicates that it is composed of granoblastic recrystallised hematite and the overall texture is uniform without any obvious original ‘sedimentary’ texture. Ok Tedi 2 is a ‘specular’ or platy hematite with recrystallised and fused grains. Using both petrological and chemical clues, the two Ok Tedi samples likely originated from the Iron Quadrangle in Brazil.