Ammolite company gets new ownership – Lethbridge Herald
November 6th, 2024
Two leaders in the ammolite industry are combining forces in hopes to bring awareness of ammolite to the next level.
Korite was founded in 1979 and recently acquired new ownership from Beth and Tracy Day Chief of Buffalo Rock Mining which has been around for about 20 years.
With the new acquisition of the Korite mine, the Day Chiefs now own about 95% of the ammonite deposit in Southern Alberta.
The ammonite fossil, known as Iniskim or the “buffalo stone” in Blackfoot, has a great significance in Indigenous cultures.
In Indigenous stories the buffalo stone helped bring back the buffalo during a time of hardship.
