Show I I I I New Park Seeking Uranium Ores Actively seeking diversified dl interests as a cushion against lead zinc price cycles New Park Mining Co Is le ern- ern barking on an extensive program of uranium ore are exploration It t was anI an an- flounced Friday by y W W. II n. if U. Cranmer president Within the past 49 45 days New Park and Oil Inc Ine of at Salt Lake City also headed beaded by Mr Cranmer have acquired ex extensive e lve holdings of potential 1 uranium lands In San Juan JUlin County These properties prop prop- erUes Include acres of mineral leases between LaSal and Monticello and 10 16 uranium claims near Grandview Point which overlooks the confluence of the Colorado and Green Oreen Rivers The holdings were obtained largely from the West Mid Uranium Co of Denver Two drilling rigs will be moved on to the tho Grandview Point claims In 11 early September for diamond drilling I Uon Mr Cranmer reported I The two companies have purchased a and a jeep and will share abare exploration and production costs coats he be said Approximately two miles of road will have to be built Into the Grandview Point area New Park the only major mine still producing in the Park City District has bas uranium properties at Marysvale and re recently recently recently re- re opened a a. building stone atone business in Summit County Oil Inc has baa oil all properties in seven states and a a. phosphate ate lease in Utah Deseret Deseret Evening 1 I News |