Based on electrical parameter measurements of rocks and ores, the authors analyzed the apparent resistivity and apparent chargeability characteristics, and the results provided some good basic physical conditions for the application of the induced polarization method in this area. Hence the middle gradient induced polarization and symmetrical quadrupole method induced polarization were employed for the known No. 201 ore body in the mining area, and the measured anomaly distribution was basically coincident with the distribution of molybdenum ore bodies. This result was verified by drilling.