Abstract: Borehole orienting apparatus is provided wherein motion is imparted to a permanent magnet assembly to generate a moving magnetic field and receiver means are provided such that measurable signals are induced therein when the magnetic field is distorted due to the presence of a ferrous anomaly. The receiver means is rotated to produce an azimuthal scan such that there are induced in the receiver means signals from which the azimuthal location of the anomaly can be determined.