Virginite was formed when ultramafic rocks were chemically altered by hot fluids flowing through a nearby fault zone. The bright green mineral is a type of mica that contains the element chromium. The chromium was originally in little black crystals of chromite, some of which can still be seen in the rock.
About 200 m farther north, on the west side, is a slippery green slope of serpentine, another ultramafic alteration mineral. Serpentine is apple green in colour, and has a waxy lustre; when alteration is more severe, this mineral becomes asbestos, the fibrous product mined north of Baie Verte. The slope beside the highway is made up of broken fragments; when you break a piece, the new fragments are flat and slippery.
The open pit may be seen on the east side of the highway a short distance beyond the access road to the Terranov Mining Corporation plant. Tailings from the present operation will be used to gradually fill the disused pit. For a tour of the new wet-process extraction facility, arrange in advance by phoning (709) 532-4862.
Soapstone contains the soft mineral, talc, which is an alteration product of ultramafic rocks, and is used in making talcum powder. Soapstone is also soft and is easily shaped or carved, which has made it useful to Stone Age peoples and modern artists alike. Warning! Protected site. Hammering is not permitted.
The original narrow passage to the interior cove (called Winser Lake after its first settlers) has been almost entirely blocked off in the course of mining activity. Cliffs of basalt and diabase streaked with rusty gossan surround the cove. The main minerals that were mined from the basalt, in a warren of large and small pits and workings, were pyrite and chalcopyrite; you may also see magnetite, sphalerite and pyrrhotite. It is possible to pick up abundant sulphide samples around the base of the walls, particularly on the east side out toward the opening to the sea, and around the old loading wharf.
The set of rocks found at Tilt Cove (basalt, diabase, gabbro and ultramafic rock) is called ophiolite. It is a slice of oceanic crust which was up-ended when the Iapetus Ocean closed in Ordovician time (see Plate Tectonics panel).
From the wharf, a good view can be obtained of basalt pillow breccia in the lower part of the cliffs on the north side of the inlet. Above the breccia are red-brown Ordovician sedimentary rocks, including chert, shale and siltstone. A grey-green, younger dyke intrudes all of the older rock types.
The hills backing the cove consist of purplish and buff Silurian basalt, volcanic ash and sandstone. An unconformity separates these rocks from the ophiolitic rocks below. The unconformity is almost coincident with the road along the back of the cove.

Newfoundland and Labrador Traveller's Guide to the Geology
Edited by: S. Colman-Sadd and S.A. Scott, 91 pp. + map, 1994