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Show AND ANDThe ' | DRY VALLEY MINES , Mill CHANGE OWNERSHIPThe OWNERSHIP I [ The San Juan Record is authorityfor authorityfor authority authoritymines for the statement that the vanadium vanadiummines vanadiummines mines and mill mm in Dry valley have been beensold beensold beensold sold by the Vanadium Alloys corpor corpor- corporation corporation corporation - - ation The name of the purchaser isnot is isnot Isnot not given , nor is the purchase price priceI priceknown priceknown isI I I I known The Record has the following followingto to say about the tra transferCounty transfer transferCounty fer followingI I County Clerk Frank Halls this weekreceived week weekreceived weekreceived received for recording a quit-claim quit claim quitclaimdeed quitclaimdeed quit-claimdeed quit claimdeed - - deed to 24 Dry valley vanadium quitclaimI min- min mining mining min mining - I II ing claims , the reduction plant and an anassignment anassignment anassignment ! assignment of title to 80 acres of stateland state ' land which the Vanadium Alloys cor- cor - - I poratlon poration held from the state stateWhile stateWhile While none of the documents stipu stipu- stipulated stipulated stipulated - lated a sale price of more than one onedollar onedollar onedollar dollar , there . , . were v.ere vere attached to them themsome themI some ome $2900 2900 $29 29 $ 00 in icvenue revenue 1 ( . venue stamps , whichgives whichgives which whichgives gives some idea of the size of the sale saleThe saleThe saleThe The claims sold cover the entire entireholdmgs entireholdings entireholdings holdmgs holdings of the Vanadium Alloys cor- cor corporatior corporatior cor-poratlor cor poratlor - - poratior , from which wh1c.h wh1ch . a large amount amountof of vanadium ores have been extractedduring extracted extracteddurmg extractedduring durmg during the past several years Thecompany The Thecompany Thecompany company had built a . large plant for forthe forthe forthe the extraction of vanatic vanaUc ' acid 'acid from fromthe fromthe fromthe the ores , and tor for two years operat operated operatedthe operatedthe d dthe the plant , producing some $130 130 $13000000according 13000000according $ 000 00 , according to t statements of officials ofthe of ofthe ofthe the mill'rhe millThe mill millThe ' The 'rhe rhe mill mm and camp closed down a ayear ayear ayear year and a half ago when the price ofvanatic of ofvanatic ofvanatic vanatic acid went below production productioncost productioncost productioncost cost , but in the meantime a core drillhas drill drillhas drillhas has been prospecting and developing developingnew developingnew developingnew new ore bodies , which , according to A AW AW AW W . Jannsen , former manager , are suf- suf sufficient sufficient suf sufficient - - ficient to keep the mill running for fortwentyfive tortwenty-live tortwenty live fortwentyfive twenty-five twenty five - years yearsWhether yearsWhether yearsWhether Whether or not the new manage manage- management management management - ment cf d the mines will w111 lesume resume opera opera- operation operation operation - tion ct cr Cf the mill soon has not been beenl"amed beenI-amed beenI amed beenlearned l"amed lamed learned " ' - at this writing |