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Show January 27, 1956 The Weilem Mineral Server. Salt Lake City. Utah Page Two WESTERN MINERAL Survey Scribe Scans Zinc Progress and Possibilities EDITORIAL Extra Profit Taking Protested Stock customers who deal in penny uranium stocks in Salt Lake City, protest that the practice has become too frequent in failure to give the customer the benefit of a lower buying price or a lower selling price as the case may be in negotiating purchases. As the customers agent, the public feels that die broker is entitled only to the commissions specified and ought not to take a profit in addition to his commission. The public argues that the incentive that prompted the purchase came about as a result of die purchasers request, therefore, if the broker is able to buy a stock at a cent and the customer. has put in his order at the market, he should be given the stock at a cent and not at a cent and a quarter. Caveat Emptor. UCOA EYES ARIZONA COPPER By O. D. QUINLAN Survey Feature Editor Purification of metals appears to be a big subject of conversa Mon today, with the public gen-- I I SURVEY u NEWS Adrer-tlaio- r - 1 Getting Safer Bureau Chief Says Standards under which the Bureau of Mines will approve overhead lighting as permissible for safe use in underground coal mines have been accepted by the Department of the Interior, Secretary Douglas McKay said today. CIRCULATION by-produ- 1 Minor $ Work is - Phone EM erally, concentrating upon min- 431 Church Street ADVERTISING Phone HU Box 3131 ing metals. on a broad scale. Salt Lake City, Utah at Salt As an example of new trends, Entered aa aecond class matterMarch 3, City, Utah, under Act of there are, in the family of zinc TjA 1870. ratec: S:00 for two yean; alone, six distinct Bubecriptloa $3.00 for one year. concentrates inc of types Pleaae mention Wee tern Mineral Sured to important usages in a wide- vey when wrltlnr to advertiser. rates on application. 1v growing field. Publisher B. MILLER Among these elements may be HARBTFELTCH Editor GAIL zinc zinc carbon, O. D. QUINLAN mentioned oxide, Stature Editor Business Msr. ate, zinc chloride, metallic zinc, FRANCES JENKINS Con tribe tine Editor zinc acetate and zinc sulphate. I M. ttttj, One may readily appreciate from this group, that the field is parDENVER BUREAU ticularly broad. . Circulation New - Adrertisinr Other metals possess similar ex- 733 Xitteredse BUr. Denver, Colo. tensive potentialities. There are For tbe new of moat algnlflcance In and oil world. still numerous problems to be theAllmlnlnr new in the We tern 1 solved in the mineral field despite Mineral Surreyappearlnr obtained from eoarcee believed to be reliable but no responsibilthe fact meteorologists and summed lor accuracy of statement. ity have, for several years, Reproduction of any material from tbie must hare written permission been conducting more or less- suc- publication, from the publisher. cessful research work, designed to classify the specific content of various formations, while attempting .to create new uses ror each. min-erologis- ts 1 Secretary McKay hailed the a as representing standards ample finances will be available significant step toward improv(Continued from Page 1) to UCOA for erection of the uptract to upgrade $500,000 worth grading miils if needed, President ing illumination in underground making of 6hinarump ore for a southern White declared. working areas, apemhas safer for This much mines company Utah firm. at cost The is estimated $1.25 11 tons of proximately 500,000 to $1.50 per each ton of raw ployees. Bureau has apper cent ore blocked out, which ore fed in. For concentrating Heretofore the battery-powereNew fields are open as a result will UCOA officials predict they only four or five tons into one ton, proved of this research, and new uses lamps and upgrade to a Quality ranging cost will be between $5 anl portable the which reflect tremencent. established, .44 to per New Mexico Bureau from .30 per cent headlights as permis- dous e concentrate. for $6 state credit the of be to upon are ore this of in sources illumination of sible Samples The management estimates a A $900,000 damage suit brought run through the pilot plant imme- mill with a 250 ton per day input gassy or dusty underground coal Utah, which has contributed vaststandthe Peerless Oil and Gas Co. from a UCOA by minerological diately and in a week the to build. They mines. The new standards were ly, cost will $250,000 to the the of welfare peo- against the Shattuck Derm Mining management expects to furnish estimate a profit of from $5 to $10 made possible by technical ad- point, of the world. Corp. and its subsidiary, Zuni complete details, including the on every ton of concentrate that vances permitting construction of ple Milling Co., is underway in Disdrawing percentage the ore can be up- comes out. equipment lighting The fields of and chemistry trict Court in Albuquerque, NJd. from mine cir- medicine have benefited graded and the cost per ton of the Management calculates 250 tons power directly by the upgrading job. cuits and sturdy enough so it use of zinc oxide as a family Peerless charges that Shattuck per day would provide 60 to 75 cannot cause a fire or explosion, ointment known can on The it which and of tons Zuni did not properly dealso output everywhere. management The UCOA said. McKay unfield of of Secretary recenta and $10 is use, discovery expect profit velop reasonably mining claims in Valencia futft completed negotiations Coal Mine limited. Federal the Under ton. would after a be uraProfits County, N.M., according to terms ly with one of the largest such all Act, was Safety it amortization the of an agreement made in 1943. of mill, nium companies in the country, Zinc is emphasized in this disdevices used in face regions in said. to upgrade located in Wyoming, Peerless alleges that the gassy mines employing 15 or cussion, because It Is one of the low grade ore on hand. minerals in must important be more men produced agreement called for Zuni to acunderground Management said samples of the Utah. tively operate and develop flour-spa- r permissible. ore which assays .09 to .10 per The tests prescribed in the new deposits but that Zuni failed This is but one phase of the cent will be submitted to a pilot Humble Oil Finishes Schedule to as so. As a result, Peerless known do standards, fantastic mineral possibilities plant upgrading test this week for to M. claims N. that it has failed to realbe Wildcat will 29, enough rigorous arising from day to day and week ize experimentation. UCOA has pre- Drilling no assure that equiplighting profits that were anticipated to week, discernable to those fa. viously upgraded this type' of ore can them from ment under the agreement. qualifying miliar with the field of mineralHumble Oil and Refining Co. successfully, White said. Two tons coal under or dust any ogy. will be upgraded, which manage- has reported completion of a San- ignite gas conditions of normal Peerless Is asking for $400,000 conceivable deto sufficient ment believes doval County, N.M., wildcat for compensatory damages and $500,-00- 0 termine recovery, whether .70, .80 an initial potential of 51 barrels use. They will include repeated punitive damages. breaking of lamps and internal oil per day. of or 90 per cent and the cost. was based on an explosions while the equipment Anomalies Show The test is being operated in UCOA would erect upgrading eight-hou- r potential areas of surface radioactivity at pumping test at the under On New AEC Map mills and operate them. Already wildcat, the an atmosphere. explosive 1 No. Jicarilla one location in the southwestern plans are underway to build two Apache E in Section New Mexico Bureau corner of the Tierra Amarilla mills to upgrade ore samples Production was Grant perforathrough and at two other locations subThree anomalies in Rio Arriba which have already been 5898 t o5912 feet. tions at outside the limits of the just mitted, Management is certain it The discovery was drilled to a County in northern New Mexico grant. can profitably upgrade this ore. total were shown on the latest regional Bid depth of 6353 feet and The anomalies are the first to anomaly map posted by the The company has been assured plugged back to 5962 feet. Atomic Commission. Energy be from 1) Page reported by the AEC in Rio (Continued AEC crews air the Arriba of Grant the under spotted County in nearly a year. supervision manShumway, Jewels general ager and geologist. Shumway has informed directtoto! tors of Jewel he is certain he can pick up the ore trend without too much expense. He estimates 300 feet at the maximum depth that will be required in drilling down to the Moenkopl formation. Jewels claims are scattered over an area one and one-hamiles long. Originally they were leased from Eugene Shumway, .. owner, and cousin of Grant Shum- thus -- d mining-equipme- nt Peerless Sues On Damaged Claims high-grad- mine-lightin- g 30-ye- . 42-grav- Jewell Lets Drilling Subscribe Interested In Uranium Activities? lf McfrH't?. Right now the circulation of the WESTERN MINERAL SURVEY is keeping pace with the uranium industry in general booming I Keep posted on latest news and quotations by reading the WESTERN MINERAL SURVEY regularly . . . every week. SUBSCRIBE NOW! I 2 year $3.00 years $5.00 Circulation Departments 722 Kitfredge Building Denver, Colorado 421 Chuck SL-- P. 0. Box 2131 Salt Lake City, Utah NAME ADDRESS CITY Remittance STATE Bill me later way. Barring unexpected delays due to weather, Shumway predicted he should pick up the ore vein within a month, inasmuch as all of the company claims are located in a proven area. Claims are located near the Ransom mine, which was reported recently to have been sold for $2,500,000 to a Texas group. The claims are between the Elk Ridge Mountain and the Abato Mountain, in the same vein as the Ransom mine. The Shumway interests are in the Elk Ridge Mountain area below Blanding. Irwin Burgoyne, Salt Lake City accountant, and secretary of Jewel Uranium, said he is confident Jewel has great potentialities for uranium ore recovery because of its strategical location. ar |