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Show OIL & MINING JOURNAL Page 8 dDvT (aKSqjDFeS LSS? Silver Champion Mines, Inc., has announced it lias acquired control of the Lost Lode Gold Mines Corporation. The Lost Lode, a Montana corporation, is capitalized for S million shares of nonassessable stock at 5 cents par. The total number of shares outstanding in this corporation is 1,714,960 of which Silver Champion Mines now owns 887,000 shares, the company announced. located in the Brown Gulch in the famous gold district is Green enclosed copies of assay samples of ed ore taken from the property in a report to shareholders. The samples ran six ounces to 57 ounces of silver per ton and ounce to three and one-ha- lf ounces of gold per ton. Green noted. Control of this corporation Operation at Globe Hills Phillipsburg property near Eureka, Nev., have been curtailed for the winter pending additional financing and renegotiation .of management of leases, the Globe Hill Mining Co. reports. William Vanderberg, said that expenditures president, thus far on the property have approached $70,000 for the construction of a 9x9 foot adit extending 300 feet into the Diamond Range under old workings dormant since 1948. An independent geologist, Burton Westman of Las Vegas, completed a comprehensive survey of the property in HIS SUCCESSES LED TO THE NOBEL PRIZE" IN ftlYSICS IN Two-th- for Silver solely as an exploration and operating company. Three this corporation and possibilities Champion Mines, 0 could be operated as a holding and acquisition company or whatever the directors of Silver Champion Mines deem best. IsHsKSfe (2 of an ore body bearing values NEVER A FOLLOWER OF MUSSOLINI, HE LEFT HIS HOMELAND TO ACCEPT THE PRIZE AND NEVER RETURNED corporation could is also be operated many excellent opportunities 1938 other acquisitions. one-four- th DOdDD 0lb LAS VEGAS, Nev. of Silver his Lost Lode Gold Mines affords property Some of the possibilities, Green noted, are: One-tcorporation could be publicly financed to provide mining exploration and development money and for Champion. hand-select- IN ATOM SPLITTING BY NEUTRON BOMBARDMENT Inc., Green said. according to William J. Green, vice president When FASCIST DICTATOR MUSSOLINI WAS RULING HIS NATIVE COUNTRY, THIS MAN WAS EXPERIMENTING E,1 of Virginia City, Montana, gtennEE tearajjnB aiasgao s Cfl(GuQpDn) EDIaI Colorado. A financial report dated October 15 shows $878,000 in assets with $70,000 in offsetting liabilities. Vanderberg said the assets consist primarily of mining properties while liabilities are chiefly monies owed on a in in silver and lead. The development program under the supervision of Mines Management Inc. of Nevada thus far has not intersected the vein. The property consists of 37 claims under lease purchase with the addition of 67 location claims and four millsites. GLOBE HILL Mining Co., formerly of Colorado and Spokane, Wash., also owns 72.5 patented acres in the Cripple Creek gold, mining district in olorado along with real estate 100-to- n flotation mill. A statement of last April showed $79,000 assets with $5,000 in liabilities. New executive offices of Globe Hill Mining Co. are 324 S. 3rd, Suite 7, Security Bldg., Las Vegas, Nev. 89101. DECMBR2.IW2 IN A SECRET LAB UNDER THE WEST AT THE OF STAGS FIELD FERMI'S TEAM UNIVERSITY OF CHICAGO, RELEASED THE ENERGY OF THE ATOM AND FIRST CONTROLLED IT WITH THE WORLD'S NUCLEAR REACTOR STANDS -- 1901 1954 WITHOUT THIS BRILLIANT ITALIAN PHYSICIST, THE ATOMIC AGE MAY HAVE BEEN DELAYED MANY YEARS. THE US. ATOMIC ENERGY COMMISSION PRESENTS A COVETED AWARD WHICH BEARS HIS NAME, TO DISTINGUISHED NUCLEAR SCIENTISTS This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities. The offering is made only by the Offering Circular. NEW ISSUE FOR UTAH RESIDENTS ONL Y 6,250,000 SHARES HI FASHIONS, INC HI FASHIONS, INC., was organized for the purpose of designing, manufacturing, buying, selling, importing, and exporting wigs, both men's and women's hair pieces, and all types of clothing and wearing apparel. August, reporting the presence PRICE PER SHARE 2 Cents QDgqvdD (Continued from Page 4) Juniper Springs, Colorado. Copies of the Offering Circular may be obtained from the Underwriter. FIRST FIDELITY UNDERWRITERS 249 East Fourth South Salt Lake City, Utah ' The. mill, built in two 521-680- sections, each 40 feet long, was designed to be pulled by a semitrailer tractor. Rosenhan noted that the mill can be easily moved from one site to another. The mill consists of continuous belt that forms INVEST!!! IN PROFESSIONAL WORKMANSHIP SPECIALISTS IN SERVICE FOR IBM EQUIPMENT a a FACTORY REC0NDITI0NEdBItYPEWRITERS long vat in which ore is mixed with either a cyanide or acid solution. A series of agitators oxygenate the mixture and the leached metal is drawn of periodically, the metallurgist explained. In tests, the process has run gold ore assaying us low as S2 a ton with 95 per cent recovery, he said. The mill is particularly useful in the treatment of oxide ores including copper, uranium, lead, zinc, gold and silver. The mill will process 240 tons of ore an hour. Powers said. Conventional methods require days, even months to accomplish the same amount of work. Powers said lie has orders for 21 of the mills from other mining companies and plans are being made for mass production of components and assembly of the units. Rosenhan has applied for a patent on the mill. Builder of the first model is Bob Wakefield, owner and operator of the Wakefield Machine Shop in Murray. 0 One Year unconditional guarantee II Starting at $300 .3$ in Carriage reg. $350 Sale Price $299 Mail orders accepted from out of town. PROUD PRINCIPALS of East Antelope Corp. stand by leaching mill. From left are Carl D. Powers, president,; Carolyn Boudreaux, vice president; LaRae Majors, secretary-treasure- r; Bob Wakefield, manufacturer, and Armin Rosenhan, inventor of the leaching mill. r SALES RENTALS REPAIRS l . Members Salt Save at east jI $9 per unit on Lake Stock Exchange Maintenance INVEST WITH OUR Contracts MARKET SPECIALISTS OVER-THE-COUNT- i Salt Lake City 2000 Univ. Club Bldg. PHONE 136 E. South Temple 1 Phone: 364-197- Las Vegas ' .1721 L Charleston Blvd. Phone: 384-299- 5 Provo 163 N. Univ. Ave. Phone: 7 374-825- 359-700- j 5 209 E. 3rd SO. SALT LAKE CITY,' UTAH PRECISE PROFESSIONAL PERFORMANCE |