An interpretation of gravity and magnetic anomalies of the Butte district, Montana, is based on the analysis of five gravity profiles constructed from Bouguer gravity data of the Butte district observed during the summer of 1974 and give concurrent magnetic profiles constructed from U.S. Geological Survey high-level aeromagnetic data of the district. Of primary concern in this analysis is the interpretation of the Bouguer gravity high and aeromagnetic low associated with the Butte orebody. Results of this interpretation yield a configuration for the Butte orebody characterized by vertical contacts extending from the surface or directly beneath Cenozoic basin fill to 4,500 feet below sea level, with a central core, elongate in the north -south direction, surrounded by a variable outer zone, which is more pronounced in the southern and western portions of the district. The central core is interpreted as a region of zero magnetic susceptibility with three density distributions, all of which are of higher densities than the surrounding host rock and are related to the varying degrees of mineralization and alteration present in this region. The laterally variable outer zone is interpreted as a zone of low magnetic susceptibility with a density equal to that of the host rock. This zone is related to the peripheral mineralization and alteration of the Butte orebody.