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Show July 20. U5t Page 3 The Western Mineral Survey, Salt Lake City, Utah Buys Oil Leases In Rich Oklahoma Fields Moab Uranium Co. GRAND JUNCTION, Colo., July has obtained a interest with R. A. U-Comp- any 19 LAKE CITY, Colo. .July 16 I revealed today it Pitzer, working oil in three leases the in rid. Grand Junction private operator, of Osage County, Okla. . report estimates gross value of ieds ore in the Golden Wonder gold Osage County in the fiscal year ended July 30 produced over one per cent of all oil mine near here at $7,000,000. Moab Uranium owns a one- - marketed in the United States, quarter interest in the property, according to an official report C. M. Hickman, executive vice made public this week. of Moab Uranium, said tion from the county was equiv the company, with others, ac- - alent to 10 per cent of all an option to purchase the homa production in the last Wonder and two other cal year, and royalties brought mines last winter. The option the Osage tribe over $20,000,-wa- s 11 exercised and the purchase 000 in the period, 1,627 showed also The Hickman report completed July 13, as were wells produc completed said. - Deer Trail stockholders reers In the county during fiscal elected eleven directors at their Buyers, each with Site of new mill will be near FAMOUS GOOSENECKS interest in the three properties, 1956. .annual meeting held July 9 in Leases in which Moab Uranium Marysvaie, Utah. River. Mexican Hat on the San Juan are Moab Uranium; L. D. Norris of Deer River, Minn.; A. F. and Pitzer are interested origDirectors present and reelected from were Rex Smith, John Wilhelm Norris of Perry, Mo., and R. A. inally ' were purchased Pitzer of Grand Junction, Colo. Steve G. Pappas of Grand June and R. D. Ward of Marysvaie, Sellers were Vickers Bros, of tion by Mountain Top Mining & Utah; Carlyle Hunt, Richfield, Lake City. Terms were not dis-- I Milling Co. Pitzer was in Okla- - Utah; J. Allen Frear, Dever, Del.; Texas-Zin- c homa this week to stake well lo- E. R. Jones, Wilmington, Del.; closed. Mines which changed hands, in cations and attend the tribal lease H. V. Anderson and I. N. Fehr . addition to the Golden Wonder, sale held Wednesday. of Dallas Tex.; William J. , Jr., Minerals were The U. S. Atomic Energy Com-- months. The Texas-ZinOne of Gnome and the Detroit Chicago, 111.; Dwight L. Min-- 1 Corp. is jointly owned by the mission and the Texas-Zin- c ara hpgp metal properties.' zer leases is surrounded on and Q. F. Treseder of Salt erals Corp. have signed .a con-- Texas Company and the New Hickman said exceptionally fav- - sides by Amerada Petroleum King Lake City. tract for the construction and Jersey Zinc Co. orable engineering reports have holdings. Another lease lies beof the organization are Officers of a urawith two tracts tween producing mines. operation by Texas-Zin- c on three received all been conW. John Wilhelm, president; Under the terms of the nium processing mill near Mexi- - tract Moab Uranium already has wells, Pitzer said. concentrate R. D. Ward, vice president; uranium the can Hat on the San Juan Rfver All major oil companies have work, new mill will be done considerable clean-uof the product DIght L King, secretary-treas-ian-was southeastern Utah, it Hickman said. Now that the pur- - interests in Osage County, andurer; Carlyle Hunt, comptroller. merit a on the Commgslon nounced today at the Grand Juncchase has been completed, the Mr. Wilhelm was named general tion Operations Office! of the companyhopes to have all three manager for the fifth consecu- Commission. White ores from the 1. Uranium, mines in operation by Sept. tive year Construction of the plant is Canyon area of Utah, and the The company some time ago The directors also (voted to expected to begin soon, with Monument Valley area of Ari- - purchased, a mill site near Lake give Arundel Mining Co. a two-yecompletion scheduled in about 14 zona, will supply a part of the Qity and expects to erect a pro-- 58 BlHCjflGIll lease extension option to be exercised by July 1, 1957. The extension to run from Jan. 1, In addition to processing ores Steel Strike Affects 1958 to Jan. 1, 160 under the owned, leased, or otherwise' conexisting terms which provide for trolled by the operating company, Small Oil Drillers Kenne-I- a of Division Utah minimum $80,000 per year Copper a certain amount of amenable 58 honored Corp. Copper penditure on the presently leased. New Mexico Survey .Bureau ores ..will be purchased from inmine employees Canyon Bingham portion f the Deer Trail Mines of the rewho 'will retire Aug. 1 at an in-- 1 properties, Oil field sources in New Mex dependent producers gion." formal buffet luncheon at the ico say that the steel strike alNew Mexico Survey Bureau Gemmell Club Monday noon. Each small is affecting many ready A district judge in Gallup, employee was presented drillers and will hit the larger a deci-- retiring handed down has N. M., a' service tertificate dur-It-s framed soon continues. if it firms come entire effect the sion water will that rpay supply ng the social hour, In Lea County in southeastern Mex- New in uranium and Juan from San the River, industry roAttending were L. F. Pett, Gen- New Mexico, the number of for the plant and related ico. eral Manager, Utah Copper Divi- tary rigs now operating has power a facilities will be provided by Albuquerque attorney Charles si0n y. s. Barlow, Superintendent dropped to 90, seven less than with line explained that the decision Lf Mines, and other company connecting Spann voltage a week ago and 13 less than two ISh & Light lines at was made by Judge Clyde C. Me- - ficials. Power Utah the ago Culloh in a suit filed by Ranch--1 Utah. Length of service on the part of Throughout the state, the total Binding, number of operating rigs is edge of the Navajo Indian Res- - 0ers from entering their claims In charge of the affair was ervation, about 5 j mile3 south of while they were jn the process L. O. Hamlin, Employment oa i. on State Highway Lf exploring and developing tor. No. 47. The 58 employees are part of them. 118 who will be retired effective Spann said the court held that as long as the corporation "was in Aug. 1 throughout Utah Copper CUT MOTOR possession of the claims that it Division operations. Sixty retiring had filed, and was, in good faith, employees at the Mills will be of explor- - honored July 31 at an open house carrying on INVENTORY! ation and discovery, it was not at both the Arthur and Magna necessary for it to have discov-- Mills. At 11:30 aJn. the group will OIL AND GAS property is our Now we have General (commercial $uantitlies of gather at the Utah Copper Club second name. Tell us what you uranium ore at the bottom of for a light snack and soft drinks 55 d Electric A number of company officials want. We perhaps have it. each jQ.foot pit New Mexico Survey Bureau 7 Hi stock in motors 5, United Uranium Co., First Na - The attorney explained that are expected to attend. 10, 15 and 20 hp: Dont There may be uranium on the tional Bank Building, firm the the meant tie-uthat are invited Retired p ruling employees your money In Acoma Indian Reservation in Oklahoma, Phone Gibson to to entitled visit the was protection throughout plants motor stocks. Well give New Mexico but the Acomas or will adverse "clandestine the day. Transportation service on ing cant find anyone interested in you ab-- 1 be furnished in case to FOR LEASE OR SALE wish the they entry temporary during all your motors. For these looking for it. visit at friends other sence of its operations. employees. needs motor emergency The tribe recently offered 60, DO YOU WANT good mining otherwise or 950 acres of its land for uraor write call Then pick up properties? Dial and nium exploration, notifying 400 us. We haye a long list of satisphone your Motors. of the for Uranium ME customers. individuals United and fied companies 1.0. AoJioorfc U Col offer. Co., First National Bank Buildthe" Phone bid opBut came. time for ing, Tulsa, Oklahoma, Gibson ening and there were no bids General Electric to be opened. Primary factor in the discourSupply 12 PRICE SALE aging lack of interest is the fact that Freeport Sulphur & Assoc, Salt Lake City, Utah Brand New area. same the explored recently Phene EM The k company spent $400,000,' SCINTILLATORS found some ore but decided it Boise - Casper $495.00 Model 111B . . $249 REG. wasnt worth the expense to mine. BEG. 5399.50 Model 117. .. $149.78 Butte - Denver What makes it tough for the Billings - Albuquerque GEIGER COUNTERS luckless Acomas is a famine-i' $75 BEG. 5149.50 Model 1070 plenty situation. Less BEG. $159.50 Model 107B. . . 569.50 549.50 than 20 miles away, on the La BEG: 595.50 Model 156 Authorized Distribute Anacondas is guna Reservation, SNOOPER ELECTRIC GENERAL huge Jackpile Mine and not much $24.95 BEG. $29.95 finds rich recent further are the MOTORS in the AbrosiarLake area. & Co. Roebuck Sears The Indians havent quite giv 754 So. Slate - Salt Lake City en up the offer still is open. Produc-preside- nt Okla-quire- Deer Trail Names Directors To Lead Activities d fis-Gold- en 12-mon- th I one-fourt- h . AEC Plans Mill In Coop In Utah With I ?JKurth, c 1 I I 1 I I I p n 1 Kennecotr Honors ar 1 Mine Employees Commercial Ore Not Needed For Protection ex-co- - 1 I . . of-wee- ks Direc-Blandin- g I I I I Tri-Cla- i 1 I dur-again- st 24-ho- ur I 1 11 . . n the-midst-- of -- il DA-14- 8 tt |