First shot indicates that "The KB Circle Challenge" is in the ignore list.

Second shot is missing the red ignore circle and displays the cache on the live map. 

BTW. The filter is to ignore found caches.

I have several caches that display the red circle with diagonal line when viewed in the list. They display on the live map even though they are in the ignore list. When selected on the map and the Info tab active, the red circle is missing.
I can submit a screen copy later if necessary.