What Are Wild Horse and Crazy Horse Stones? There are some really interesting stones that are used in jewelry called “wild horse” and “crazy horse“. The one commonly called Wild Horse is usually found in Native American made jewelry. According to Stones N Silver: “Wild Horse is the name given to this stone, whose geological name is magnesite which is a mixture magnesite/hematite. A fairly new stone that was discovered in the mid-90’s near the Globe copper mine in the Gila wilderness area of southern Arizona. Some have called it Wild Horse Turquoise but it is NOT turquoise! Since so far, there only seems to be one source for Wild Horse and also because of it’s beauty . . . it has retains a high value and is a remarkably popular.” Please see photos for measurements. The Necklace is Braided Leather. Length 16”.