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Show Page 5 OIL & MINING JOURNAL IborSfl DD FQlpePOV Tuma Corporation of Nevada has announced it is contemplating G0I7bDil0OeS 08dTK G DGDGuD open pit mining on its barite property in Esmeralda County, Nevada, and in the process of study discovered extremely pure carbonate deposits. In a report to shareholders the corporation said test holes have revealed a known carbonate deposit approximately 300 feet wide and 600 feet long and more than 100 feet deep. This would indicate approximately 1 ,500,000 tons of highly soluble, pure carbonates, the company said. ' The company estimates that the carbonates can be mined and .delivered at somewhere between $17 and $18 per ton with a profit ration of between 40 and 50 per cent or about $8 per ton. Einar Erickson, consulting geologist for the corporation, gave a detailed report on the GeDDm)!? - Interior Lafayette, La. federal offshore oil leasing which has been suspended since a well polluted the Santa Barbara Channel off California last February. During the leasing moratorium which began last Feb. 20, Hickel imposed strict new regulations for drilling on three million tons. Erickson said there is practically no overburden, the deposit is exposed on the surface for most of its dimensions. The company will continue developing the barite ores, and plans to move ahead soon on the extraction and marketing of the 'carbonates, a spokesman said. company Louisiana Gulf Coast Oil sale off suspended since Exposition here. Hickel told oilmen he did not February, will be held Dec. 16. Another sale, off western Louisiana will probably be held sometime during the first half of next year, he said. And a said off Alaska is under consideration for the second half of 1970. Hickel revealed the plans in a agree with complaints against his Secretary Walter J. Hickel has announced resumption of estimate of additional reserves, which may exceed 0s8qDD federal offshore lands. Hickel said known carbonate reserves with an Louisiana, a speech prepared for the policy of holding oil companies for absolutely responsible cleaning up any pollution from offshore operations. He called it a logical extension of principles that the responsible industry has lived with for years. international The monetary situation is so complicated, we're sorry our forefathers ever gave up on oyster shells and beads. The Eisenhower silver dollar would be mainly copper. It's kind of embarrassing when your country has the kind of money you wouldn't want your name associated with. Shotglass Schultz sort of wishes he had gone to law school. He figures he'd make an ideal judge because he doesn't own any stocks. . When a new wonder product comes on the market it's a good idea to buy a big supply before research reveals it's no good. About the only good thing to be said for the electoral college is it isn't always after its alumni for more money. ro gdD7p 3do&f83 G3 think 4 per said they found evidence of may be a estimated that the development silver-bearin- g zone at another to from $25 $12 new silver mining district in a. ore would run a mile to the the mine vein a is a from and ton camp coming virgin wilderness 12 miles lower a still west at and the northwest of Cusick, Wash., was about 100 feet beneath new like a looks It elevation. surface. uncovered by Silver King Mining exclaimed. he silver district," and Milling Co. BEN C. HAIKKILA, general If this proves to be the case, Wafford Conrad, mining manager of the Usk, Wash., firm the company will not lack elbow editor of the Spokane Chronicle, said followed the ore for they room, Conrad wrote. Staking of wrote in a featured news story 280 feet and the vein averaged claims on Kanizu that Silver King had been 2 W feet in width. When first additional National Forest land has brought prospecting and exploring the discovered a few feet below area northwest of Parker Lake in grassroots by bulldozing, the the firms total holdings to the east central sector of Pend vein was only an inch or two around 2,000 acres. HAIKKILA said the firm will Oreille County for four years wide, he added. A 1,000 foot build its own mill if it can block and are now stockpiling ore. incline previously driven by out 100,000 tons of ore. Silver He said some 1,500 tons of Silver King at a lower elevation raised a stockpiled material assayed from intersected a four foot wide King stock $126,000 through last offering public year 3 to 10 ounces of silver per ton, the same and vein, possibly is well with, equipped plus additional values in copper, structure, at the 100 foot level, on hand worth about antimony, lead and zinc. He but it was not followed. Haih k ila machinery he said. $150,000, acceptable. To the other 96 per cent I presume. . GDyDOGlGuOO Continental Dynamics, Inc., Amarillo, Texas, announces it is drilling an oil and gas well in Gray County, Texas. The company said the well will go to a depth of 3,400 feet. Target formations are the Brown Dolorite for gas production and the Granite Wash for oil Sin) roeDO drilled, the company said. day. Some men still have pocket watches and some trousers still have watch pockets. Wonder how often the two get together. Some BONNEVILLE 3 Days2 Nights i ' 601 KEARNS BLDG. 322-351- 5 BRADFORD President & General Manager RAY W. (marrisd U' S t r .' . . & Mutual Funds v . yx; ceuplu.25 or eldar) PAYS FOR EVERYTHING FOR FREE INFORMATION The crew 11 Apollo enjoyed its international tour, which suggests a great recruiting for slogan astronauts: "Go to the moon and see the world." Inflation really hits home when the change machine only gives you 75 cents for a dollar bill. American report are families planning to must have started buy less. They making their calls in the evening when the old man is home. r were talking to an Man the other day and asked him if he knew that the politicians were after his vote. He said, yes, and it's making him very nervous. On the other hand, if high schools would let the boys grow long hair they could save money on fur hats for the band. It is the duty of every new generation to give its predecessors something different to worry about CALL NOW. Salt Lake City 322-24Fiesta Flights of Utah East 10 8th South, Salt Lake City 91 Over-the-Coun- ter of the nation's loveliest swamps are being threatened by progress. However, others are springing in basements. backyards and The new head of the mint urges that piggy banks be emptied to get pennies back in circulation. In the average household the only thing in fte piggy bank is lOU's. daddy's - Average FOLLOW THE SUN - Nature doesn't spoil her sons. She provides the glorious autumn leaves free of charge, but lets man try to figure out how to get rid of them. We holiday in SECURITIES Mother Survey-taker- s Continental Dynamics will production, according to Gilbert N. Freeman, ' vice president, a own 66.67 per cent of the registered geologist. working interest in the venture. The well will be known as If the first well is productive, an Continental Dynamics, Inc. additional five wells will be Latham No. 1. The company said the area has been very productive in the zones to be explored. in cent unemployed is o SPOKANE-W- hat 6GDflo people voice up Economists want a bigger making decisions, although it seems like only a summer or two ago that it would take them an hour to decide what they wanted to do on any given Young Doctors seem to be in some disagreement as to how much exercise a middle-age- d man should take. Which gives a middle-age- d man a chance to shop around for an opinion Jhat coincides with his own. search and the disturbs Mexico nuclear blast upsets Canada. Does this mean we are running out of distant lands to irritate and now must depend on our neighbors? The marijuana A hitherto unpublished photograph of Abe Lincoln has been discovered. I hope it's the one I've always en wanted to the see-wh- beard was about five days old. Our alma mater doesn't pay its players, and on a given Saturday the football team can lose to anybody. When a young Southern politician picks a girl to marry he must consider her beauty, housekeeping skills and what sort of governor she would make. |