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Show mcM MALT I.AKK VALLEY MILA KR HILVKK (ipr (per LKA. per 1M C'OPrKK GIH.II (per RISC (per Tratatlrr VOL 17. NO. 29 tpM) H.1S UM ll.TIBr PUIS .) IP)....; apt tie men I M.ltS for pilvpr ad iIm Features" Mining, Oil, Financial SMKI.TKK . hw mins) . prim rtfl wmI S.9S fpr One Year $2.50. Salt Lake City July 1 9, 1946 Grand Deposit Makes Good Production Showing Diamond drilling operations conducted on properties controlled by Grand Deposit Mining Company are resulting in extension of proved ore zones, Paul C. Lyon, president and general manager of the company reported today in Salt Lake. The number one drill hole has fis indicated four sures in heretofore undeveloped property and another exploratory hole has shown that areas from which production has been made in the past is continuing to depth. New Listing Grand Deposit Mining Company, a successor to the old firm (Senator Murdock of Utah of the same name, has been recently listed and called on the has expressed the opinion that Salt Lake Stock Exchange and the bill will be passed includ- - . owns mineral property approximating 1,000 acres in the Silver ing the 90.3 price.) action is contemi Immediate Mountain District, near Muncie Creek, White Pine County, Ne- plated in view of the fact that vada. he silver is Operated under a development led to the price provision federal apthe several for payroll years, program property has recently displayed propriation. Included in this unusual productive possibilities. group are postal workers and This is backed up with the fact Congressmen "want their mall. ' that the company is 'one of the Along with other imoortant Inspecting progress being made at the Des Moines well near the site of a new test well in first firms to repay its RFC egislation. Congress is still un- -, Emery County, Utah which is now down some 10(9 feet, are left to right: Ray D. Robinson V. loan granted through able to Geo. Mrs. Los Chas. Resident USGS; Co. A. get Pres. Douglas Aircraft together on the bill Engineer Hauptman Angeles; the Salt Lake office of the govfor Lake. Salt N. G. and Oil Texas Callihan providing Morgan, Abilene, r Operator, Calllhan, George ernment agency. Amounting to or silver salesan increased price by the treasury. some $13,000 the loan has been . The Senate is insisting that oaid from ore production. the price be pegged at 00.3 cents : Production Pays is Cut down by a fire in 1944. an ounce and the House firm in its a stand for equally that wiped out all surface build- 71.11 level. The formerSenate ings and equipment, production from the mine has also replaced ly had voted to include a prothat the price be advancall ' of this loss with moH"rn vision to ed $1.29 addiper ounce after two in and . Favorable progress is being made in the drilling, of an oil buildings equipment, but the Senate confer- years loan and RFC off oA the tion Anti'Arch now test paid the .Nequoia and gas well underway f -ence tuirtmittee net for endeavoring to profit reported 'By', adapting equipment .de- cline located SQLmUes south of the' tiwn cXOreeiiriver JSmery still., reach an early agreement of1945 of approximately $25,000. signed Jor other uses, the" Bu- County, Utah, it was reported in Salt .Lake today. Operator Profit for the first three fered to delete this provision. Th Senate has instructed its reau of Mines has made progress of the project is George Callihan of Abilene, Texas. months of this year is around Mr. Callihan has commenced methods of in finding low-co- st $7,000 (without depletion) .and committee members to again ask State Land ore sales totalled some $44,048 the House to approve the 90.3' mining 'and. concentrating the operations on Utah - ores of one under lease to N. G. Morgan of Ore ' sales including premiums cent figure. submarginal-grad- e in Section Lake Salt 32, Any move that would tend to City, during 1945 brought in $134,675, of the nations largest manganese 13 Increase 26 the price, is of particthe on as listed South, The Range company reserves the Missouri River Township to the mining ular was with importance East Stock Lake Salt Drilling equipment Exchange n, Chamber-laiValley deposits, near beis a the to over industry take generally received by capacity incorporated j South Dakota Dr. R. R. Conthe miner, due to the fact that used is that and it assets of Grand the Deposit expected ing Sayers, Director of the Bureau, the first objective will be reachsolidated Mines Inc., in 1941. Ex silver is produced as a disclosed today in releasing a ed in about 2,500 feet by a substantial number of change of shares was on an equal Southeastern UtaK and Uinta basis. comprehensive report on the in- Oll Found lead, zinc and cooor vestigations. In the years 1910 and 1911 the County is rapidly coming into The last assessment levied by mines. Amounts of . silver in One by one, more than a dozen Mt. Vernon Oil Company drilled the "limelight as large major the company was No. 2, for Vi these ores, marketed at a fair methods were patiently tried and well in the same field to a and independent oil operators cent per share, which was delin- price, in manv instances reprediscarded before the Bureau depth of 2,715 feet Frank R. continue to lease heavily in the quent January 31. 1942. sent the difference between f oqnd the solution, according to Clark, in U. S. G. S. Bulletin Vernal, Jensen and adjacent Paul C. Lyon is president and profitable operation and abanCounty. '"""the report prepared by Leon W. No. 711, states that it was report- areas of Uinta general manager: Frank McGre- donment of the mining project. of In the view of magnitude Outcome of the congressional was oil W. at time that and ed that gor. vice president: W. J. Dupuy, mining engineer, present activities, the Westvice president: and H. J. sparring now appears to depend A. Calhoun and R. T. C. Rasreported at that time that oil the was found in the well at 2,175 ern Mineral Survey, in accord- McKean, A. H. Christensen. H. upon whether or not legislators mussen, metallurgists. ance with 'its established policy J. Halton and L. G. Young addi- from states where mining is the ' For mining the weathered feet, 2,530 feet and 2,655 feet be- of being first ..with mining and tional directors. 1912 In maior industry, or at least about Carry-a- ll low the surface. sl)ale, the tractor-draw- n news in the petroleum Rocky makes for substantial payrolls, Oil Moines Des the earth-moviCompany of the excavating and Mountain region, has secured a Metal Mines Active structure can exert more influence than a on well this drilled was found , industry series of twelve (12) special P. the of Charles direction few under the representatives of silver and CombinPIOCHE. Nev. With ideal, cutting chipping the Tasker. This well was drilled articles dealing with the presmanufacturers. ' shale into small, flat pieces and to a ent and field activity in the ed Metals Reduction Co., Prince depth of 2,915 feet. The Rangely past at the same .time shucking out Des Moines Cons.. Bristol Silver. Ely Val oil of northwestfield well was approxilev the manganese-bearin- g nodules Mines. Salt Lake Pioche and Hecla ern areas and Colorado, adjacent ' Reports mately five miles northeast of of northeastern Utah. comnanies other with little breakage. In this producing and Mt. oil Vernon well the To separate the nodules from was encountered at about the series of articles written by Ray steadily, the Pioche district conProfitable Year the shale, the conical rolls' of same., horizons as oil encountered E. Colton, Sc. D field petroleum tinues to rank high among the s Hecla Idaho WALLACE, dis the geologist and professional writer leading lrad industry were in the Mt. Vernon welL an48th issued Co. its recovon Mining the and the nation. tricts of of, Jhe origin used effectively, for when lumps Favorable Geology its various The area produced nearly 8 nual report covering ery of oil, such informative subof ore were dropped, between Under date of April 11, 1946, jects as the geology, paleontol- oer cent of the zinc and almcw mining and milling operations .the revolving metal cone-shapthe U. S. Geological Survey re- ogy, etc., of the area will ' be 50 per cent of the lead mined In for the year 1945, showing a net rollers, the manganese nodules leased a new 1945 as well as income for the year of $1,399,-092.- 68 geologic map of discussed, past drilling operaNevada were thrown out and the; use- this area in which "NEW tions, etc, Dr. Colton is well importantduring it says: and dividend disburseamounts of silver anc less material passed on through GEOLOGIC MAP OF GREEN-RIVE- R Mountain the known in ments Rocky $1,000,000. gold. the rollers. These rolls syrif used CATARACT DESERT and the present Rocky in to separate CANYON REGION OF SOUTH- region, indu Mountain Petroleum Year Book rocksn'SddpSbMes from .the clay. EASTERN UTAH. now in circulation, carries sevThe geology of an area of eral of his articles. In addition, he is a regular contributor to See EMERY on Page 4 FavorabletShowing the California Oil World, Los . : At Silver Dollar Angeles, Calif., and Oil Reporter, Denver, Colo. Metal Prices WALLACE, Idaho The Silver Higher For placer areas in southern TONOPAH, Nevada Watch for this interesting seDollar Mining Co. proposes .v vada are concerned. Where Chiof in terms ries articles followed written Chinamen Need Held Pressing years K drifting 700 feet westerly on the namen once worked, Indians are of the mining and oil man. In up the white - men in placer now busy. In Tule Canyon, 55 SPOKANE, Wash. recently opened Chester vein system on the 2400 level to the areas to rewash or rework the miles west of Goldfield, a numspeaking before the SpoElects Officers Chester claim endline and eastkane Ad Club, Donald A. gravel treated irf sluice boxes, ber of Indians for some years Callahan of Wallace, Idaho, Amendment to the articles of rockers, erly through the Silver Chieftain long toms and other have been mining gold by dry said the U. S. is on- - the ground. incorporation of East Utah Min- contraptions used to save gold. washing,,, and they will be at The development work, is verge of becoming a have- -. ing Company, effected at a meet- And, as a rule, the Chinamen work again now in a few days, not nation insofar as lead ; showing some exceptionally high held in Provo, Utah, resulted ing about as much from the just as soon as the gravel is dry and silver are concerned. grade silver ore but up to date in a decision to perm'fc the hold- got second-han- d gravel as the white enough. There is no water availno large tonnage has been en"Prices are now such, he of meetings outside of the men did from the original treat- able where they are operating ing countered. However, the vein said, that operators of lead state of Utah. ment It took him longer to go and the gravel and sand must formation is favorable and well mines are just barely able A new board of repdirectors, through a given area, but the be thoroughly dry to wash propto break evert. In view of mineralized, and company en- -the Newmont resenting Mining Chinaman is a patient fellow erly. Tule Canyon may properthe great financial risk atI gineers say . decided improvein interest Companys Utah, large and he worked the gravel slowly ly be called the head of Death ment can occur with any round tendant on any new develwas elected and comprised the and carefully and he collected Valley, and gold has been mined new ground. opening opment in the mining infollowing: Fred Searls, Jr., II. E. practically all of the fine or there for the last 80 years or dustry,' I Teel that they H. DeWitt Smith, Carroll flou gold the white man lost in more. Dodge, Taxi Driver: "I take the next should be allowed a greater of New York, and his hurry and indifference. Seale Much of the gold obtained by all turn, dont I?" of profit. margin Wells. Indians is very fine, but a L. Brimhall the has of This now, Voice (from rear seat): Provo, story changed Oh, some of nuggets do crop up. as of Utah. as the number far 'Yhowever, yeah? ore-beari- ng Boost In Silver Price . Indicated . . . ent Emery County Test Adds New Utah Oil Activity Develop Low Cost Methods . : -- 8,000-foot-de- Survey To Tell Story Of New Oil Boom pth so-call- ed El-dred- ge, ng , - . . nc-silver-gold clay-worki- ng . ed . y a-- Indians Proving Adept At Working Old Properties . , . . - Ne-ma- ny |