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Show May 12, 1969 Page 2 Rocky Mtn. OIL & MINING JOURNAL Published weekly in Salt Lake City, Utah by Utah Scene Publishing Co., 4386 W. 3780 South, Salt L ake City, Utah 84120. Mailing address: P.O. Box 19243, Salt Lake City, Utah 84119. Serving the mining and oil industries of the Rocky Mountain Region. Articles and information contained herein are true and factual to the best knowledge of the publisher. Information and opinions published are the sole responsibility of the publisher and do not reflect the attitudes or opinions of the merchants, brokers, corporations and service firms who advertise herein or otherwise sponsor this publication. 25$ per copy Subscriptions $10 per year Advertising rates: Display Advertising Classified Advertising - The of the Vancouver Stock president said he doubted that onetime uranium king Charles Steen would be able to sell stock through the exchange. No court in Nevada is going to tell our exchange what stocks to list and we are unlikely to list a company formed for the sole Exchange InduTONOPAY, NEV. strialist Howard Hughes has begun preliminary work on the famed Mizpah Mine shaft, one of more than 400 claims his Hughes Tool Co. has purchased or leased within the last year. Chuck Hayward Enid J Hayward The following recently appeared in a column Mucker Talk by John McGee in the Denver, Colorado, MINING RECORD: interests and conservationists seem to hold opposing viewpoints on natural resources and how they should be administered. Actually, this is not true, especially when applied to legitimate mining companies. The Coeur dAlenes is a good example. In the Fabulous Valley billions of dollars in precious ores have been extracted witmout materially spoiling its visual beauty. True, there are some instances reflecting the dredgers in the North-sid- e, but even these scars are undergoing natures healing process. Through the main workings of the silver line country, however, from the westward past such familiar names as Lucky Friday, Golconda, Galena, Callahan, Coeur dAlene Mines, Coeru, Consolidated Silver, Sunshine, Crescent and Bunker Hill, the story is different. With the exception possibly of the area near Kellogg, the visitor is treated to a panoramic setting of towering mountins landscaped with endless stands of virgin timber similar to anything in our National Parks. It is not unusual for tourists to inquire, What industry do you have here. Idaho-Monta- na UNLESS ONE IS FAMILIAR with the particu-le- r Walter Sim engineer Mining IN PRINT, AT LEAST, mining B.C. VANCOUVER, go-ahe- ad mons recently descended the shaft level and found it to the 300-foin fair shape. However, it will take about a month to replace wiring and other equipment in the mine, one of the richest in this historic old silver camp which bloomed shortly after the turn of ot the century. A geologist familiar with the mine situation said he expects most exploration will be done in the old west end mine, which can be reached most easily now through the Mizpah shaft. It is not known how long it will take to the claims. Tonopah ate Bear Creek goes to Alaska west District Office is here. Ex- rush of water late in 1966 was ploration district manager is David a serious setback to the planned M. Snyder. development. the Eventual production from the did Bear Creek personnel and surface property will be contingent upon early exploration Diamond at many factors, such as developRuby Creek. drilling ment of sufficient tonnage of ore to from the surface is ploration subsidiary Bear Creek drilling anresume this summer, the working out of an economical sysMining Company, Kennecott has nouncement said. tem for controlling the inflow of announced. the of The water and the advent of suitable disastrous wholly-own- ed flooding is Bear Creek Mining a in sudden shaft Creek by North Ruby and its transportation facilities. by Kennecott The responsibility for exploradetion, evaluation and further velopment of Kennecott Copper at Corp.s Ruby Creek property transbeen has Bornite, Alaska, ferred to the firms Spokane ex- Sunshine Mine plans new shaft offset shaft is to be sunk from the 3,700-fo- ot level of the Sunshine Mine at a point 800 feet south of the main Jewell shaft, Sunshine Mining Company of Big Creek, Idaho, told the stockholders of A new four-compartm- ent both Sunshine Consolidated, Inc., through this new shaft to be trans- and Big Creek Apex Mining Com- ferred to the Jewell shaft by the pany, both of Wallace, Idaho, at means of a conveyor belt through their annual meetings in Wallace a wide to be driven dicrosscut lase week. Plans call for ore rectly south from the Jewell shaft hoisted to the new shaft station. Old mine town stirs (From Page 1) todays prices, that would be about 45 nvllion in silver. But more significant for MM&S, they left behind about a million tons of tailings. Engineering studies revealed that the could be tailings appurtenances that are associated with minscreened, and any rock larger than four inches in diameter ing, it is understandable why visitors are conbe discarded as could a few abandoned propfused. There still remain While this will reerties indicative of a bygone era but these are duce the volume of ore to about gradually disappearing. 300,000 tons, it will result in The overall aesthetic picture tends to dispute critics of the industry who claim mining desBoyles Bros. poils the beauty of our scenic woodlands. If the mining industry were as avaricious and thoughDrilling Co. tless as some conversationists would imply, there would be thousands of acres of bare hillsides and huge expanses of barren wasteland. The CONTRACTING SERVICES turth is that most of the visible country is comExploration have Owners claims. of Mina Developing posed patented mining handa to for the timber log every legal right Rotary Drilling Shafts some profit but they have not done so for Grouting Engineering over 80 years and probably never will. Despite Core Drilling Tunnels of feet board for thousands the pressing need Soil Sampling Geology releis of mine timlxjrs annually, this chore General Offices: gated to loggers. Consequently, it is harvested the Forest of 1624 Pioneer Road from public lands under supervision a net profit to MM&S estimated at $1.41 million. W'orking of the dumps will require only two years. During that time, however, MM&S will be developing an open pit mine and preparing to open a second open pit, in two areas where silver veins were in close proximity during Austins peak production. Further, plans are continuing for exploration of the mine shafts and the Austin tunnel which runs under the city. R. D. Morris of Elko, general manager of MM&S, said very few of the mines actually played out before being abandoned and it is not known how deep the vein continues. The firm plans on working some of the underMost of the ground faces. shafts are still passable, although few are in very safe condition, he said. We have been into some of them. The mill crew of 10 men, working in three shifts around the clock, will be headed up by Joseph Morris, who is in charge of mill construction at nresent. with a loading and hauling screening crew of about four men, the firm will bring a monthly payroll of about $10,000 to Austin. The hauling crew, during working of the tailings, will work with front end loaders and bulldozers, with ore hauling in 20 yard ordinary dump trucks. MM&C has constructed an road for its own Combined off-highw- ay use. Present plans call for shipment of ore concentrate from the mill to Selby, Calif for smelting. Equipment for the Austin mill was gained from a number .of now closed mines, including the Blue Star at Lynn Creek; a tungsten mill' in the Pinenut mountains; a. mill in Boise, Idaho; from Branstetter in Gard-nevill- e, and other points. Power . for the mill will be generated by three die? units. MM& S will also construct a trailer court for employees, and h a leased the nearby emergency landing strip for 20 years. 150-horsepo- Salt Lake City, Utah 84104 Service. 801: CREDIT to those mining companies who preserve and protect the picturesque lx;auty IT IS purpose of balling somebody out and silver mine Interests in Honsaid J. A. Van duras, and other mining propof bankruptcy, erties. Luven. Steen claims his assets are almost $19 million. a worth in bankruptcy Reno, Friday, His creditors claim he owes referee approved a proposal by Steen to raise cash by selling almost six million. He has been fighting for more mining stock in Canada. Referee Rossell Taylor gave than a year to save assets reto form a cor- - maining from a uranium strike he him the -- AliAn a K(e Mnramiilnn OYiM made in Utah in the early 1950s. Hughes begins Mizpah work $2 col. inch $2 for 20 wds Phone: 298 2403 or 298 3703 Editor & Publisher Circulation Manager Vancouver not sold on Steen A of the country wherein they operate. The ground has been good to them in many ways and the preservation of its original appearance earns a gracious applause from everyone. We can even share the industry's support of the multiple use concept for public lands. Locking out some areas to the exclusion of only those with the time and means to enjoy them is not fair to all sportsmen and outdoor enthusiasts. Every sportsman may have a motor vehicle but only a fewr can afford a horse these days. 487-367- 1 District Offices: P.O. Boi 1571 Phoenix, Arix. KOTO P.O. Box 111 Auburn, Colif, 1540) W. 5th Av. 'Goldon, Colo. ISMS 0401 P.O. Box 144 Sporki, Novidi 114)1 P.O. Box 4307 S poking, With. 11202 P.O. Box 7415 Louiiwillo, Kv. 40207 Foreign Offices: Reform 403-- 1 Moxico City 5 Coiill Santiago, Chile 21-- D 1 OS D.F. Cesillo 5144 Lima, Pam MINING COMPANY interested in purchasing Uranium, Silver & Copper properties Write: Code P.O. P-1- 11 Box 19243 Suit lake City, Utah 04110 |