In order to obtain the fundamental data for the preparation of ferroxplana $Zn_2Y(Ba_2Zn_2Fe_{12}O_{22})$, which is useful for GHz-band communication, the optimum coprecipitation condition of $Zn(NO_3)_2-6FeCl_3$ in $NH_4OH$ solution and the formation process of the hexagonal ferrite were investigated. By the hot-petroleum-drying and calcining the coprecipitated hydroxide mixture $Zn(OH)_2 +Ba(OH)_2+ 6Fe(OH)_3$, the fine and uniform powder was obtained , whose phase composition and microstructure were studied by X.R.D. and electron microscope. In results, it was found that $Zn_2Y$, BaM and $Zn_2W$ were the representative phases in calcined specimens whose activation energies of crystal growth were about 3, 8, 2.5, $5.4{ imes}10^4$ J/mole , respectively. The sintered specimens would be appreciated as useful magnetic cores for the high frequency communication.