Below is taken directly from alchemical information about the Iron Oil (Red) Mars.
This being the refined presentation of it as an energetic audio, these were what was claimed in the past,
which may usually be a measure of truth and exaggeration combined, or maybe not.
2 - 3 times per usage
(Alchemical Description)
This oil is made from red magnetite ore, iron pyrites and iron ashes
(incinerated iron) dissolved in a strong vegetable alkali alchemically
prepared from oak wood. This metallic solution when put in a warm place for
digestion starts to precipitate into an earth. This earth then ferments and
swells thus releasing a gaseous vapor in the form of thousands of bubbles
and foam. When the fermentation is completed, the matter has completely
putrefied while passing through various colors which culminate in a
pith-black tar-like substance. The body is then considered dead as it has
released or given up its soul in the form of a fiery red oil.
Mars rules the gall-bladder and the larynx. So this oil is excellent for
curing ailments related to these organs. Due to its power of fixation iron
has a great anti-toxic function against several poisoning substances such as
arsenic, lead, mercury, copper, and cyanide. It is also indispensable to fix
and strengthen will power and consolidate the nervous system in cases of
neurosis and convalescence.