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Show June 23, 1969 Circle Cliffs sets claim SCOTTSDALE, Page 3 OIL & MINING JOURNAL dh)PlkDlrD, Ariz.-Cir- cle Cliffs Mining Industries Inc. few announces that it has acquired a claim covering 7500 plus acres (5V&x2Vi miles) situated 103 degress 10W between 56 degrees 45 and 56 degrees 50N, 147 miles northeast of La Ronge, with Hetherington Lake located within the claim block. News of the claim disclosure was made By Chuck Hayward While there are some who are predic- ting economic stagnation, recession, or worse, the June 9, 1969 Issue of U.S. by Paul J. Stout, CCMU president. Stout said According to the latest exploration report was looking forward to an economic upswing on Its business around the world pages. And what do NEWS program by C.A. prepared LuVerne Hogg, Canadian consulting geologist, Regina, Saskatchewan, the claim block, unexplored except by airborne electromagnetic and magnetometer surveys conducted by Canadian government, demonstrate airborne anomolies ground exploration 13 warranting follow-up- . In the conclusion of his this claim for block, Hogg report stated, The geological features referred to, such as the presence of a major fault zone, a large cylindrical structure, a variety of rock types, known copper mineralization and the presence the claim, it will be necessary to of airborne electromagnetic establish prospecting and anomolies within the major mapping parties to take samples, fault, combine to make the assay findings and do If property an interesting preliminary core sampling. favor results exploration prospect which significant finding merits an exploration program for uranium and base metals. THIS AREA in Northern Saskatchewan has been in the news recently with major finds in uranium and other ores by a large U.S. oil company. As a further development of this initial effort, heavy duty equipment will be moved in for ore processing. Circle Cliffs Mining Industries Inc., whose securities are traded OTC, is a Utah corporation primarily engaged in mining development and exploration. & WORLD REPORT Its you suppose prime Indicator was? your eye on one of the best Indicators of coming economic growth worldwide race for new supplies of Keep --- -a minerals and metals, article reads. the stride,' now Prices for most metals New multlmllllon-dolla- r hitting full are firming. production pro- jects are being launched. Prospecting Is being stepped up. It Is a sign companies foresee rising demand well Into the future. Utah C&M plans new mill SAN FRANCISCO-Ut- ah Construction & Mining Co. will develop a 33,000 ton per day open pit copper mining at its Island Copper operation property on Vancouver Island, E.W. Littlefield, president and manager, announced. The mine will be located on Rupert Inlet, about ten miles general from Port Hardy on the northern part of the Island. Utahs initial interest in this property stems from the of copper discovery mineralization in the vicinity by Gordon Milbourne, a Canadian prospector. Utah acquired the property from Milbourne, who retains an interest in the profits. Min facility is planned capable of hole was put down within the accommodating the large ocean limits of the presently defined going vessels required for ore body. To date, more than transporting the copper 100.000 feet of diamond drilling concentrates to smelting has defined an ore body facilities throughout the world. approximately containing tons of ore within 280,000,000 BY THE TIME full the proposed pit limits having an is achieved in late production average grade of 0.522 copper $68.5 million ($73.5 and 0.029 Ely, Nevada (70s) ssB-aia- o Salt Lake Olliea: Cascade Energy g Mat ala 230,000 tons of copper tons of concentrate and 1,800 molybdenum concentrate annually. 1 TUES. NO RESERVE JUNE 24 1 25 10:00 A.M. Each Day & Continuing til Sold PUNT-QUARR- Y MINING EQUIPMENT ROLLING STOCK -- ETC. ARRY EQUIP.: CRUSHERS: Traylor 47 Gyratory; (2) A.C. 6 Secondary; 4 Secondary; (2) A.C. FEERERS: (2) Jeffray-TraylTunnel; AIR COMPRESSORS: I.R. S5 h.p. Horiz.; I.R. 75 h.p.; CONVEYORS: 30" X 177' Belt; 30" X 341 Belt; 30" X 157' Belt; BUCKET INVENTORY ELEVATOR: Link-Be- lt -M- 69' w(76) Buckets, American Aerial 100 h.p.; TRAMWAY: Approx. 15,000 lon w(81) Buckets, 30 h.p. Motor A Drive; FINISHING PUNT EflOlP.: BRIDGE CRANES: Shepard-Nile- s 7Vt Ton 11 Ton 80 Span; Shepard-Nil- ei 65' Span; HAMMER MILL, Williams Jumbo 9, 200 h.p.; Tyler 5' x 8' Screen; Williams Feider; FINISH MILLS: (2) Hercules 300 h.p.; (2) Bradley 300 A 250 S' X h.p.; TUBE MILLS, (5) Power-Mi- ne 22. 250 A 200 h.p.; (1) V X 22', 300 h.p.; (10) 6' X 22 Ball Mills, 300 h.p.; X 197, RILNS, (3) 7' X 132. (3) (9) DUCT COLLECTORS; (21) SCREW BELT CONVEYORS; SOCKET ELEVATORS; I' PUMPS, (4) Wilfley 4", 6" A S", 50, 100 Oven Type Oil Fired, 18 Top Cep.: 5' X 50' Oil Fired: PULVERIZIN6 Mill: (4) Raymond Roll Type w100 h.p.; FEEDERS: (8) Bailey; COMPRESSORS: I.R. Duplex 175 h.p.; I.R. Horiz. 175 h.p.; I.R. Vort 50 h.p.; ROLLING ST0CR: Shovel Fronts; 120-B.- S. 50B B.E. 54B; B.E. Elect. Well Drill; Elect.; B.E. 27-- T TRACTORS: CRAWLER (2) Cat. 07, 3T; TRUCKS: 1948 Mack 12 Cu. Yd. End Dump; (2) 194S Mack S Cu. Yd. Side Dump; TRAILERS: (2) Easton 12 Cu. Yd. Sidu Dumps; AIR COMPRESSOR, G.D. 500 C.- F.M. wD-1300- 0 Enjine; MACHINE SHOP: American 14" x 102" Lathi; American 30 X Lathi- - leBlonri 25 X 12 Lath; DRILL PRESSES; WELDERS; NVBRA0LIC 2' Test Equipment; Etc. Etc.. uiuoaiWERSHOW In The Northwest CO, 2130 S.W. Fifth Ave., Portland, Ore. 97201 up- In 1968, are finding a boom in exports to Europe so far In 1969...'' from abroad Is .profiting. Canada, Australia, the U.S., are selling to Japan. Lord Robens, head of Britain's National Coal Board, Is forecasting a world Coal shortage of coking coal In the 1970s. He's watching Investment in collieries. scramble for nickel, now selling for more than $1 a pound, may make Columbia a sizable exporter of Today's the Standard Oil Hanna Mining Columbian Government be planning to deve- are reported. . .to lop a ferronickel deposit discovered by the oil company. . . are reflecting the same demands. Copper prices are riding higher than many experts had foreseen. New mines are to be opened In Chile. Canada, Bougainville, other places in coming years. India has a new find. 'Other metals for rial some aluminum, metal men say are rising so fast It may soon be eco- nomical to exploit U.S. (211) (503) M-217- 1 222-915- 1 aluminum-bearin- g clays . . . ' ' low with reserves at a ar and the world crying for oil to fuel And 20-ye- Its highly-energize- the oil industry. d bright future also civilization, seems In a store for natural resources may yet be the ballast to keep our economy on an even keel---to pull it back up out Our of the doldrums. Aictinttrs Us ARgtlis, CaKfiraia HISS first Is heading mills plagued by imports or Write for Free Descriptive Brochure S21 N. LA IAEA AVENUE Demand ward. . . Even U.S. the or Zinc and lead prices are up. So is molybdenum. Uranium has been rising Prices of bauxite, the raw mate- A 150 h.p.; DRAFT FANS: (6) Buffalo 40 A 100 h.p.; BLOWERS: (6) Sturtevint 30, 50 A 75 h.p.; COAL PLANT: Dryers, Dutch PRESSES; last year. tons---f- . ft PARTIAL World production top- million Company and WED. Over $25 Million Acquisition Cost CEMENT steel. the metal before long. Company of California, Equipment Used by The Lone Star Cement Corp. CONCRETE, WASHINGTON SOIB Unlv. Club Bldg. IBB E. South Tempi (SOI) BBS 771 development of Hie project. The operation will produce about Order of Board of Directors Cora Drilling Headquarters! 70 Parker Ave. have been spent on the PUBLIC AUCTION Rotary Drilling Ralaiad services dollars) will Canadian million Construction of facilities will begin late this summer and the mine and plant are scheduled to come into production in the fall of 1971. In addition to the 33.000 tons per day copper and Contracting lervlcas Fully Egulppad lor 1971, molybdenum sulfide. Davelopmenl and Exploration time in February 1967 the first drill By DRILLING INC. ped INTENSIVE exploration molybdenum concentrator and. commenced early in 1966, and related mine facilities, a dock NO LIMIT MINERALS Take 500 Again. |