Ammolite was first discovered by the Blackfoot Indians in an area bordering the Canadian Rocky Mountains.

Legend tells of a Blackfoot woman who discovered the stone while searching for firewood. During a particularly harsh winter, the buffalo had disappeared and the tribe was starving. While searching in the deep snow, the young woman heard beautiful singing and followed the voice to an Ammolite stone under a Cottonwood tree. The stone told her it was powerful medicine and if she would take it back to the tribe, it would provide food for the Blackfoot. She did so and the next morning a large herd of buffalo was seen outside the camp. After that, the Blackfoot used the stone in bison hunting ceremonies - wrapping it in a medicine bundle of buffalo hide.

In 1908 a member of the National Geological Survey team found mineralized fossils of ammonite along the St. Mary's River in Alberta. It was not until 1981 that enough high quality Ammolite was discovered to make mining commercially viable. KORITE continues to operate the world's largest Ammolite mine at this site.

 
             
   
   
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