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Show OIL & MINING JOURNAL Page 8 Arches November 17, 1969 cerassirvratieraist mo mi rag sflors Owners of the claims and builders of the road are C.H. Spaulding and John Adams, Salt Lake City, who obtained the claims from the previous owners last spring. Last week a Bureau of Land called Management specialist in by the Park Service was at the site to examine the validity of the claims and to determine whether or not the deposits were (Continued from Page i) of processed concentrate a day for about 10 years, the operation would see about four million cubic yards removed at an investment of $8 to $10 million. 10-ye- ar a National Park Service officials are worried about the visible destruction the mining company could cause in Arches and of sufficient National Monument. The magnitude that a quality prudent man Colorado River frontage was included in Arches as the result of President Johnsons would spend his time and money to mine them. His report is expected this week. If the Bureau determines that the deposits are not economical executive order which went into ettect last January. Sixty-eigh- t It was during this period that Victor and Domenico became acquainted with the Mackay School of Mines and the Nevada Bureau of Mines.- The students and professors of the former and the professional geologists and mining engineers of the latter helped the brothers with ore analyses, assays, and geologic patented mining and 54 unpatented claims in and near mining Tonopah, with reported silver andor uranium values, have been posted for sale or lease by the Mackay School of Mines, - University of Nevada. Dr. yemon E. Scheid, dean, said the claims were bequeathed to the University of Nevada for use by the Mackay School of Mines by Domenico Lambertucci, who died in Tonopah on Dec. 13, 1967, at the age of 70. The Lambertucci name was PROPOSED PROCESSING PLANT and site of gravel mining operation in Arches National Monument is shown on map. Utah mining firm has stirred ire of conservationists with its plans to haul away Colorado River gravel from the area. associated with Tonopahs fortunes for more closely than 50 years. By the time death came to Domenico, the last of the colorful Lambertucci brothers, the legend of the immigrant Italians had become a part of Tonopah history. The death of Domenico, like that of his older brother Victor, who died in. 1954, was felt keenly by his community and by his many friends in the outside mining world. The Lambertuccis were a slice of the tradition which has given warmth and color to every Nevada mining town. Beginning with a small farm, watered by overflow from Tonopah mines, the brothers parlayed hard work, shrewd business sense, and innocent luck into a sizeable fortune. First the mine waters, then the land, and finally a sporadic mining boom brought profit to the Lambertuccis. punng ihe uranium period" of speculation and exploration in central Nevada in the early 1950s, the Lambertuccis caught the mining fever and briefly tasted a new success by leasing some of their holdings to outside Dining deal oil and fracturing operations have been completed. Evaluation under way, Mr. Hepworth said. The fourth well should be completed within 30 days, he said. is In the letter to shareholders, Hepworth did not give details of the lease agreement with Pan American. He said a news conference would be held today (Monday) to gfve complete information to the press on the agreement. . stop the road building. But if they do, Spaulding says he will take the matter to court ...though my hope is that we can work something out. If the Park Service should lose in court, it still has a remaining option of seeking condemnation and paying out the lease holders at an adjudicated price. Spaulding said the operations would employ local citizens and boost the local economy. He said the gold sands are the chief value, but the black also has sand magnetite value in several processes, such as copper leaching. 122 cIgioris sdlliGog) claims to mine, the Park Service could 1: Hidden Gem claim in Tonopah. patented Parcel 2: Mammoth No. 3 patented claim in the Divide . Parcel district Parcel 3: Hypatia, Pittsburgh, and Monarch group of patented claims close to the southwest edge of Tonopah. Parcel 4: large group of appraisals.' patented claims referred to as Roma (Lambertucci) Proceeds from the sale or lease the will claims Lambertucci of the Property comprising 63 claims west of Tonopah. help the Mackay School of Mines to provide improved Parcel 5: group of 34 facilities and instruction for claims contiguous on unpatented students of the mineral the west tide to Parcel 4. industry some of whom may Parcel 6: 12 unpatented one day work with companies claims referred to as the Marconi on the very land which started, group. the Lambertucci legend. Parcel 7: Junior and Scalileo Dean Scheid said claim maps groups totaling eight unpatented claims about one mile east of the may be seen at the Mackay School of Mines, and the claims Marconi group. themselves may be examined by Additional information on the claims may be obtained from Dr. parties interested in their Fred L. Humphrey, Mackay purchase or lease. Brief School of Mines. University nf as claims are the of descriptions Nevada, follows: Reno, Nevada 895 W ANNOUNCING A UTAH FIRS I!- - PER ANNUM INTEREST COMPOUNDED ON $500 ONE YEAR THRIFT CERTIFICATES PLUS investors. Weston AREY OF HO! PROMI andCmnpany. Inc. .INVESTMENT SECURITIES Members Salt Lake Stock Exchange RED G PROPERTIES? OVER-THE-COUNT- will bssl new corporation i ride, do active develof ant and begin Send description product k to: JS Consultants P.0. Box 5316 Oxnard, Calif. 93030 Address CiLy INVEST WITH OUR MARKET SPECIALISTS Salt Lake City 2000 Univ. Club Bldg. 136 L South Temple 1 Phone: Provo Las Vegas 163 N. Univ. Ave. .1721 L Charleston Blvd. Phone: 374-825- 7 Phone: 384-299- 5 SAVE BY MAIL Name. Zip Social Security Number Send me Thrift Certificate in the amount of. $. of 364-197- J year(s). My check is enclosed. for a period |