When used for archaeological purposes, geophysical methods are often useful for the exploration, detection and mapping of archaeological remains. In the case of ancient metallurgical activities, slag accumulations form precious mineral records of these activities. Evaluating the volume of slag produced in such locations is an important issue, since it enables an estimate of the amount of metal produced in the smeltery. Unfortunately, slags themselves cannot be easily detected by DC electrical methods. Although they can be easily detected using magnetic techniques, these methods do not allow for an estimate of the quantity of slag, because magnetic fields do not conserve magnetic flux. In the present study we show that the Induced Polarization method (IP) is suited to the quantification of buried slags, provided the slag response has been suitably calibrated prior to the field measurements. The ability to quantify the quantity of slag is based on the quasi-linear relationship between the main IP parameter, i.e., the chargeability, and the slag concentration. This approach provides a new, non-invasive tool for the estimation of the volume of buried slag in palaeometallurgical sites