The Precambrian Yavapai Series contains the Pikes1 Peak Iron Formation, dated to the Early Proterozoic, a uniformitarian age of 1.75 billion years old. The origin and development of iron bearing strata remain somewhat enigmatic within the uniformitarian model because no modern analogy of iron-rich deposition occurs on earth today. Various models have been proposed by uniformitarians in their attempt to explain its origin and occurrence. Based on our examination of several outcrops, we propose that the Precambrian Yavapai Series and the Pikes Peak Iron Formation formed during the earliest stages of the Flood (Lower Flood Event Division) in a volcanic setting (possibly including hydrothermal activity) under subaqueous conditions.