# Can paleomagnetic techniques determine the exact direction of Earth's magnetic poles in the past, not just their polarity?

Since our planet's magnetic poles are not usually, precisely, lined up with the geographic poles of Earth's axis, and since they move around a lot, can paleomagneticists (is that a word?) determine the dates of ancient rock formation more precisely using this extra information?

Or vice versa? (I.e., does knowing, somehow, the precise date of formation of a rock(s), then measuring its exact direction of magnetism, not just polarity, tell you where the magnetic poles were at that time?)