Show etaco uranium purchase land in colorado moab utah dec dee 21 etaco uran ium aum inc of moab today announced the company has purchased a lead and zinc property known as the brad ley mine near telluride Tel lunde colo bill hines etaco secretary treas aurer said the bradley ore body may total as high as tons with 50 tons definitely proven an independent engineers report places the average value of the brad ley ore at 30 per ton at present prices and hines said one recent carload shipment to a salt lake city smelter brought 48 43 per ton the engineer engineers s estimate was based on assays averaging 5 97 lead and 4 2570 zinc in addition to gold sil ver and copper values mining and milling costs were estimated at be tween 10 and 15 per ton total ore value at present prices might be as high as 9 hines point ed out etaco bought the mine from ed krasse and tom allred of placer ville vue colo the announcement said price and terms were not disclosed hines said etaco plans to build its own mill at the mine site to be completed by spring the mine now is being worked on a limited scale and etaco will continue this operation as long as weather permits full scale mining will be started when snow clears in the spring |