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Show rase Atlas Taps Fisher Board Chairman Utah Delegates To Mining Meet lites DAYBREAK URANIUM set off a big blast which broke down a lot of ore at its Mount Spokane property and made Spokanes leading TV news program. The TV movie also showed a company official with a closeup of high-grad- e autunite. It was good publicity not only for Daybreak but also for the area's young uranium industry . . . Some more specimen ore has been uncovered in recent open pit mining oper- ations at the property and three large stock piles have been built bent up. Company official ..a on haying nearly a auarteitr million dollars worth of ore ready for trucking to the new Ford uranium processing plant when it opens this summer . , . Work also is under way at the firms Low-lelease on the Spokane Indian Reservation. Miners have gone several rounds in ore. They are sinking an incline shaft. DAY MINES featured trading at the Spokane Stock Exchange. Shares were bid up strongly as development reports continued favorable at the firms Dayrock mine in Idahos Panhandle. Ore was supposed to have been hit in two places, indicating a strike length of at least 200 feet. One report had the vein 7 feet wide with 3 feet of solid lead. SUNSHINE was stronger with investment type buying on unconfirmed reports of some kind of changes in the capital structure and other things in the works which would benefit shareholders It was revealed that the companys west coast oil exploration program will be in the Grays Harbor area. A commercial strike would give the big silver producer a $100,000 prize which the State of Washington has offered for the first producing well. Robert M .Hardy, Jr., company president appears to have aggressive plans for the company and has spent this week in New Yorks Wall Street. y now has silver-copp-er SURVEY LOIMAINI 11 PRIII news - CIRCULATION ACE Drill Bushing Co., Inc., Los of Phone EM Angeles, and general manager Ar- 421 Church Street of Co. Tool Aero West Coast 2402 Curtis St., Denver ALplne lington, California, has been apADVERTISINa pointed chairman of the board of SOX 2608 EM Atlas Uranium Corporation. Salt Lake City, Utah The appointment resulted from 2402 Curtis St., Denver ALpine a merger of Bleak Uranium Corclass nutter second at Salt as Entered poration with Atlas. Mr. Fisher Lake City, Utah, under Act of March 3, was a director of Bleak at the 1879. time of merger. Subscription rates: 88.00 for tvo years; 13.00 for one year. Atlas was one of the first uraPlease mention Western Mineral Survey nium companies to expand into when to advertisers. Advertising other fields. Mr. Fisher states that rates onwriting application. Atlas has acquired oil, gas, and base metal properties in addition L. M. HILL .Editor to its uranium interests as the result of a diversification move. Mr! Fisher further stated that All news appearing in the Western Atlas is presently operating its iCineral Survey is obtained from sources flotation mill believed to be reliable but no responsibility own 100-toper-daof statements. area. The Is assumed for accuracy Butte Crested in the of any material from this Reproduction must have written permission facility is used in processing sil- publication from the publisher. from ore taken zinc ver, lead, and their properties near by. 38 49 y n Notice A federal DMEA loan will be sought on half of the $165,000 cost. The company has more than $250,000 cash and zinc concen- trates worth nearly $100,000. SILVER SYNDICATES ore body is being approached at the rate of about 30 feet a week from Sunshines 4000 foot level. JACK WAITE MINING COMPANY continued strong and active, following an all-obattle at the annual meeting this week for control . of the company. Proxies are still being counted but at , ut last report it appeared that the New York or eastern faction had the upper hand. NEWMONTS big $3,000,000 uranium mill, which is fast nearing completion a few miles west of Spokane, is drawing hundreds of Sunday afternoon drivers to AUCTION SALE of Certain Assets by Federal Uranium Corporation 10:00 A. M. FRIDAY, APRIL 19, 1957 NEWHOUSE HOTEL, SALT LAKE CITY, UTAH the scene. opened more than 200 feet of commerc ial forthcoming western governors 24-2at property, are pushing ahead some mineral conference April 180 feet a week on the 2000 foot Reno, Nev., and other industry level and are about 500 feet north spokesmen are scheduled to disof the shaft. The mineralized zone cuss minerals issues today with George D. Clyde. objective is expected to be reach- Gov. Otto Herres, chairman of the ed within six weeks. Bunker Hill National Lead and Zinc Commitis jointly interested with Hecla will review lead and zinc in the deep exploration project. tee, Princeton Mining adjoins on the problems; Blair T. Burwell, manager, Salt Lake Tungsten Co., east. LUCKY FRIDAY, in the same tungsten; Mitchell Kline, vice president, Rare eMtals Corporaarea, has its shaft down 3012 tion of feet and is expected to complete MitchellAmerica, rare metals, and Melich, president, Urathe deepening project by May 20 nium Reduction Co., Moab, uraniwith a slump 80 feet below the um. Others serving on the delenew. bottom 3050 foot working gation include Clark . L. . Wilson, ,rc urre HI mill-r- un $eve3T TT New Park Minof president will continue to about May 1. "ice .Co., and Miles P. Romney, ing Forty-fou- r cars of lead-silve- r con- manager of Utah Mining Assn. centrates and one of zinc con- Mr. Romney is chairman of the centrates have been 'shipped. Utah group. Mine production is 130-15- 0 tons daily. CLAYTON SILVER has decided to deepen its main shaft instead of putting down on offset winze nearer its big North ore body. This will eliminate the costs of a new station, hoist room and other facilities. A 280 foot extention will gain about 300 feet of depth on the .dip of the ore 5 WESTERN MINERAL Alan A. Fisher, president of Confer With Gov. Utah mining delegates to the POLARIS Friday, April 19, 1957 TIIE WESTERN MINERAL SURVEY 2 ore in the Rain bow area of the Silver Belt. The longest ore shoot is 144 feet long nearly 7 feet wide and averages about 33 ounces of silver per ton. Nearly 900 tons of development ore was extracted in work last month. Indications of other ore shoots were found in diamond drilling northerly before the current ore area was reached. The mineralized area is said to have features like the old Argentine ore body several thousand feet to the east. The development brightens the outlook for Coeur DAlene Mines, which has a 51 per cent stock interest in Rainbow Dawson Plugs Retention of Minerals Plan Rep. William A. Dawson this week put up a strong defense of the domestic minerals purchase program during the House debate over the controversial tungsten money in the deficiency appropriations bill. (R-Uta- h) It is very easy in the time of peace to forget what happens to c this nation and its needs for Mining & Milling Company. metals in time of emergency. HECLA crews, working around and Tungsten the clock at the Silver Mountain the recent is a good example history of our nations need for this vital metal points UP TO up the value of having a dependable domestic source available, ON MEATS Mr. Dawson told his colleagues OF ALL KINDS the tungsten stockpiling program Let Us Fill Your Locker relied upon until the administrator Freezer at a ions proposed long range mineBIG SAVING TO YOU rals program can find a more No Cash Needed stable and orderly solution., Small Monthly Payments Mr. Dawson added that the program has not yet been submitted to Congress. As WARR a result, there is still a gap to be LOCKER PLANT stopped and this program is designed to do that. 3572 West 3500 South He added that it is short-sig64191 AMherst Phone ed economy to again make ourLOCKERS selves dependent upon foreign CUTTING - CURING and sources of a metal we must have FREEZING for our defense. We should keep domestic mines in operation as Our Prices Include assurance the best available Cutting - Wrapping - Freezing market place. stra-egi- long-rang- e ht V PROPERTIES TO BE SOLD PLATEAU MINING COMPANY, a producing company with holdings in the Yellow Circle area near Moab, Utah. v MORE THAN 530 ACRES of Patented mining claims, Big Cottonwood Mining District, Salt Lake County, Utah. TEN PARCELS of fractional interests in oil and gas (potential) lands in Unitah Basin, Utah, and near Newcastle, Wyoming. FIVE PARCELS of royalties in 347 unpatented mining claims in San Juan County, Utah. TWO PARCELS of claims leased to others now producing uranium-vanadiuore in Blue Mesa and Bull Canyon areas near Uravan, Colorado. m TWO PARCELS of unpatented uranium mining claims known as the Duchess Group in Garfield County, Utah, and the Jacobs Chair Group in San Juan County. 1 t FOUR PARCELS of leases on unpatented mining claims, including the Fault Claim lease (now producing) near Moab, Utah, and the Vega Polaris, the Mountain View and Yellow Canary leases in the Marysvale, Utah, District. FOR FURTHER INFORMATION: w JUDGE MAXWELL BENTLEY, agent for Federal in conducting the sale, Arches Building, Moab, Utah, or FEDERAL URANIUM CORPORATION 248 South Main St. Salt Lake City, Utah |