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Show AUGUST 17, 1970 OIL & MINING JOURNAL PAGF3 Century Nuclear announces Tintic District venture RIVERTON, Wyd. Century participating in this venture Nuclear Inc. has announced a an O.M . E. venture with loan in the agreement joint Western States Mining Inc., amount of $75,025, the report Western States Minerals Inc. and stated. The Crown Fbint Vipont Mining Co. to explore a property lies between the old potential silver target in the Iron Blossom and the new Trixie Tintic Mining District at Eureka, ..Mine along the Sioux-Aja- x fault. Utah. The Iron Blossom replacement In the company's annual ore body on the Sioux-Aja- x report. Century Nuclear noted fault produced 645,337 tons of the agreement was signed early ore that averaged 263 ounces in 1970 for exploration of the silver, .6 copper, .10 ounces target on the Crown Point and gold and 9.5 lead, the report East Crown Point properties. continued. The Federal Governments John L Larsen, president of Office of Mineral Exploration is Century Nuclear, stated that Kennecott Copper has made a recent discovery of ore in the Trixie shaft to the east of Crown Point. Kennecotts drift from the Trixie shaft has been extended toward the East Crown Point property, Mr. Larsen said. Some of die assays show high gold and sivler values and Trixie could become another major producer in Tintic. through silver-copper-go- ld l This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities. The offering is made only by the Offering Circular. NEW ISSUE 6,000,000 Shares Common Stock $0.01 Par Value "An interesting fact concerning the Tintic Mining District, Mr. Larsen noted, 'Is the total production of the combined district is approximately $430,000,000 "On the Crown Point properties a 1,300 foot vertical shaft is under construction. To date the shaft has progressed to a depth of approximately 800 .feet. In addition to the 1,300 foot shaft a 500 foot drift will : be driven to intersect the Sioux-Aja- x fault, and 4,000 feet . VEDCO-WAHW- AH MINES, INC. of diamond drilling will be utilized to locate and block out ore zones. Completion j possible of the 1 ,300 foot shaft is ; expected in late summer. Century Nuclear Inc. was in 1968 and a stock I organized offering of 3,000,000 shares at 10 cents per share was sold to the public in April 1968. Initially a total of 661. unpatented lode mining claims were either conveyed to Century Nuclear by its organizers or acquired by staking, Mr. Larsen ! Offering Price: 5 Cents Per Share Copies of the offering circular may be obtained from the undersigned only in states where the undersigned may legally offer these securities in compliance with the securities laws thereof. I BONNEVILLE SECURITIES, INC. 601 Kearns Bldg. Salt Lake City, Utah (801)32- 2- 3515 baa a) said. "Management then proceeded to acquire unpatented lode mining claims in the Powder River Basin of Wyoming. A East South Temple Salt Lake City, Utah 731 dtp. IS OFFERING PARTNERSHIPS IN a special. Schedule D drilling program in its oil and gas field in Wyoming the Overland Dome field. With four producing wells in this field which Classic Mining Corp. wild catted and proved out, we feel the chance of successful petroleum yeld and potential capital growth are highly favorable in this program for both the company and the individual investor in the Schedule 0 program. Partners in our drilling program will enjoy such income tax advantages as: Federal tax deduction for intangible drilling and development costs. Tax exempt income of up to 22 of that earned from oil and gas production. IF YOU WOULD LIKE additional information on our drilling program, clip and send the coupon below. CLASSIC MINING CORP. 731 East South Temple Salt Lake City, Utah Please send prospectus on your participating drilling program to: Name Address City and State . chuckjn o few By Chuck Hayward One of the more enjoyable fringe benefits of editing and publishing a newspaper that deals with the stock market, is the fact that you receive invitations to Open House celebrations and cocktail parties conducted by public corporations of all sorts even those that haven't much to do with mining and oil. We enjoy attending these soirees because we run into old friends and acquaintances in the news media and public relations professions as well as associates in the financial community. One such Open House was that conducted by Medical Over-the-Count- er Development Corp., one of Utah's newest and most successful hospital supply firms, (or its stockholders and the public at its new headquarters near the Salt Lake . International Airport on Thursday, April 13. Demonstrations of the company's unique disposable suction container and other products were conducted, by, Hal Child, a among others, an old friend of ours We enjoyed and talented relations man. personable public the tour and seeing Hal again after losing track of him for a time. Medical Development Corp. recently moved into the new 40,000 square foot building where it will produce a unique disposable container suction system designed to replace existing glass suction systems presently in use at hospitals. Medical Development Corp. developed the improved suction device which draws off blood and body fluids and stores them during an operation. According to LeGrande K. Holbrook, president the firm recently completed negotiations with Bristol Laboratories, a division of Bristol-MeyeCol, permitting Brirtol exclusive rights to market the disposable suction container throughout the country. With the signing of this marketing agreement with. Bristol Laboratories for our initial product, MDC officers and directors are very enthusiastic about our future sales and earnings Mr. Holbrook told visitora. We have other products on the drawing board which will be announced at ; rs a future date." The new throw-awacontainer is molded on the West Coast and shipped to the Salt Lake facility for final assembly. Bristol Labs will market the product to hospitals throughout the United States. There. That takes care of the breadand-butter- " aspects of our enjoyable tour of the new facility. But one thing still the fact that the "blood-red- " gives us pause punch was the same color as the fluid used in the demonstration of the apparatus. We came away with the distinct impression we were growing fangs. Last week was a difficult one for us, and as many subscribers point out to us, we did not issue an Oil & Mining Journal. Illness in the editor's family made it impossible to produce a newspaper, and we apologize to our loyal readers. We're back at the old stand this week and don't anticipate any further interruptions of service. In our last issue of the Rocky Mountain Oil & Mining Journal, dated August 3, 1970, we ran a "tombstone" advertisement on a new stock offering VEDCO-W- AH WAH MINES, INC. Somehow, a per share price of three cents was listed in the ad, instead of five cents which is the selling price. The ad appears this week with the proper price quotation. Our apologies to the Issuer and the Underwriter, Bonneville Securities. a SILVER MIRING STOCKS have profit potential RANGE 4c TO $40 PER SHARE We specialise in silver, gold and uranium stocks and selective penny mining stocks. We accept collect calls on buy orders. J. H. 83I-443- 0 0 0 0 0 0 D. D DILLON & CO. W. 412 Sprogiie. Spokane, Wash. VV201, Tel. Member Spokane Stock Exchange o 0 S 0 0 a di |