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Show , - Page 2 Rocky Mtn. OIL - 4 Published weekly in Salt Lake City, Utah, by Utah Scene Publishing, P.O. Box 71, Salt Lake City, Utah 84110. 259 per copy. Subscription rate $10.00 per year. -- Hole StoepVer1 600 tons ft March 1, 1969 MINING JOURNAL ..? MINING JOURNAL & OIL i rrA Poxer- Coti 30 eep " - - . 1 m- JJ ' P. H. -- Dozer Cut, ""I3 ... : ion. tfighgrade pockets 4 stringers of free geld in rent East -- West Open Out ci r $4 Orr set FAULT Goon ? ore 7SO . Hones r fautzof4intersection rein gener-H- y frge 4- rich .... ADVERTISING RATES: Display Advertising . . 40' VJ? ' SScJeep col. in. Classified Advertising $2 for 20 wds. commission paid to advertising agencies -- 15 Editor Publisher & Chas. E. Hayward a. JO Mineralized ft. zone , Highgrade gold in pockets 4 stringer Af -- Blast to seek gas The U.S. Atomic Energy Commission and the Department of the Interior have begun negotiations with Austral Oil Co., Inc., Houston, on a. feasibility study for use of a nuclear explosion deep underground in Colorado to Increase natural gas production. Data from the detonation 4,200 feet underground in northwestern New Mexico in December, 1967, still are being collected and analyzed. 26-kllot- on Gas-bug- gy Rullson would be a detonation 8,400 feet underground about 15 miles from Rifle, Colo. The exGeonuclear Corp., Las Vegas. periment is planned for late spring, upon contract negotiations depending Project Rullson and approval for using the device. Geonuclear is also consultant for The experiment, called Project two projects--on- e in Utah and one naRullson, would be the second Colorado--t- o in the use of a study tural gas stimulation experiment in contained nuclear to break explosion the AECs Plowshare Program to -- half oil shale strata one as as far up develop peaceful uses for nuclear mile below the surface. explosives. 40-kilot- on FRB asks margin limit WASHINGTON-T- Federal he Re- nargin sales of tocks be limited to the stocks of 'fairly sizable, widely held over-the-coun- ter The law, passed last summer, permits brokers to sell stocks on margin that is, to lend customers part of the mo- -, ney to finance their purchases. Report of the FRB proposal was over-the-coun- ter E.Anteiope in Nevada (Continued from Page 1) partially developed and produced to a depth of 250 feet. It was shut, down in 1942 by Executive Order L-2- 08. "Jeff Rice, an old time resident of Winnemucca, was leasing and producing the Ten Mile Mine when the closing order became effective, Booth relates. "He has furnised invaluable information as to values, depth, uniformity of grade, presence of sulphides, and type of deposition. "The information pointed to a very similar surface characteristic in the properties for two miles west, where the Golden Amethyst is aired by the New York Times. Firm notes new well International Nuclear orp. has announced its second dlssissippian discovery in the Las knimas Arch exploration program n southeast Colorado. -- firms Tallman Well Cheyenne County, Colorado, is The n No. 1 being completed in the Mlsslssippian section from perforated intervals between t,400 and 5,428 feet, the firm reports. The latest swab rate was 4 barrels of eil plus 6 barrels of load water per hour. The well Is presently awaiting a pumping unit. "Because of the governments attitude regarding mining, another period of quiescence marked the period from 1945 to 1963, the geologist notes. "Activity resumed Marion Gordon... discovered what is now known as the Golden Amethyst. "Unusual amounts of high grade 1 gold and picture rock made activities in and about these claims front page news in the West. WESTERN STEEL SERVICE CENTER COMPLETE WAREHOUSE SERVICE All Types & Sizes of STRUCTURAL STEa BARS - PLATES - SHEETS A REINFORCING STEa OFFICES - Crandall Bldg. PLANTS -- 651 West 17th So. Salt Lake City, Utah PHONE WfSKRii Steel Compady 'pafrUcotonA of S&ueetcvutf Two deep dozer cuts have been made across the. Amethyst vein.. The geologist describes the mineralization of the region as Epithermal. "Many open fissures are to be found. These fissures, or 'water courses are hydro thermal channels that afforded some of the rich... est mineralization. . "Fractured zones, - rather than thick quartz veins, have given up the richest ore so far found. In many daces the free gold has been found in the bedding planes, in the forms of wire, leaf, and platy hexagonal crystals. STEEL ERECTION I RIGGING Building the WEST with WESTERN STEEL . . The geologist reports ore taken from the cuts have assayed from $75 to $100 per ton extremely rich ores and two shafts developed to a depth of about 40 feet have also uncovered gold of extremely high value "in average grades that will exceed $100 per .; ton. Much of the mining operation will be open pit, or strip mining, according to the owners. Shaft mining will be used to follow the vein in the area it is to be offset (see sketch). be-liev- ecd 0 SILVER MINIM STOCKS when fl 0 0 have profit poNtiol 0 RANGE Ac TO $40 PER SHARE 0 0 n We specialise in silver, gold end uranium stocks end selective penny mining stocks. We accept collect cells on buy orders. D J. H. DILLON & CO. Sprafw, Srk.M. Wk. M301. Tl. 131-443- o o 1 n 0 Member Spokane Stock Exchange idl TEST BORINGS ALL TYPES TEST HOLES ALL WESTERN STATES IN Core Drilling Wire Line or Standard Air or Mud Rotary Mine Long Hole Drilling Cable Tool H, General Foundry or Sampling LATEST TYPE EQUIPMENT SKILLED . PERSONNEL & Machine Work NOW POURING MEEHANITE METAL IN ALL GRADES Gray, Alloyed, Ductile, Irons and Aluminum Castings Underground Water Wells . Richest Mineralization Deep Dozer Cuts Machine A Pattern Shop Facilities I SHELL MOLDING , .. . I ADVISORY SERVICE AVAILABLE 1 FOR ANY INDUSTRIAL PROBLEM Free Eetimating SALT LAKE DIRECT LINE 364-79- 02 489-480- 0 LONG DISTANCE 7820 Steel" ALSO FABRICATORS OF PLATE AND REINFORCING STEEL s Ml "Production at the Ten Mile, the Golden Amethyst and the intervening properties can be expected to persist for hundreds of feet below the present levels, says Booth. Phone Spring villa Long Distance 328-05- 41 " V The Nevada Daily Bulletin, of Winnemucca, devoted much front page space to articles and pictures of operation at Golden Amethyst. "With this publicity came a rush of prospectors, speculators and miners looking for good claims. W. 412 - ft OSS CUT VE fJ the vein of the Daisie claims which helped to make the Ten Mile Mining District famous. Golden Arne-- of thyst was discoverd by Marion Gordon in Sept. 1963. GEOLOGISTS SKETCH OF GOLDEN AMETHYST gold mining claim shows proven and expected location the vein. The vein is apparently a continuation of Front Page News DENVER C Detonation 40-Kilo- ton Program manager is the nuclear engineering consulting firm of CER serve Board has proposed that application of the new law permitting SOUTH tMMKS J)g W. MAPLE 4 AMUMBiC CONSTRUCTION & DRILLING CO. 1045 ever MAF1ETON FOUNDRY AND MACHINE 515 SOUTH 9th WEST PROVO |