Does it run? You haven't mentioned if there are any unusual noises around the engine, so it's guessing time...
There are only a few things in a K2 engine that could come loose like that and stick to a magnet. These would have to be steel or iron pieces, and that list is:
1. The steel plate inside the cam chain slipper tensioner (goes down the front side of the cylinders, wears a lot). This can grind away little pieces over time. The shafts that hold the cam chain's 2 rollers are steel.
2.Rocker arms and shafts are steel.
3. Cam, crankshaft, rods and wrist pins (and their clips) are steel or cast iron.
4. Trans gears, shifter fork and drum are steel.
5. Ball bearings and their races are steel.
6. Mainshaft, countershaft and final drive shaft are steel.
7. The clutch housings and their plates are steel-based. These would be visible from the clutch cover side.
The pieces don't appear to be chain chunks, but you would have heard them by now. The primary tensioner looks in good shape, so those chains are likely OK.