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Show OIL & MINING JOURNAL November 17, 1969 Page 5 t Mines Corp. of Coeur d'Alene, Idaho, has confirmed a reported ore strike on its Bear Top property east of Murray, Idaho. C.II. Hunter, president, said in a recent letter to stockholders that the real significance of the discovery, which is high grade lead-zin- c ore w31 not be known until more development work has been performed. Merger- - The strike was reported by Silver Crystal Mines, Inc., of Osbum, Idaho, operators of teh under property a 5050 agreement In the same letter, Hunter said that the CAMP project partners Merger Mines, Coeur d'Alene Mines of Wallace, Idaho, and Plainview Mining Co. of Coeur d'Alene, have agreed with American Smelting and REfining Co. to a modification and an increased work program of the CAMP agreement The work program provided for in the original agreement will be completed with virtually no change except ASARCO lias been granted more time to get the job done, Hunter said. In addition , to the original work program, ASARCO lias agreed to complete a minimum of 4,200 feet of tunnel, of which 2,100 feet will be in CAMP ground, and 5,500 feet of diamond drilling in CAMP, on the Coeur 1,400-foo- Wallace F. Bennett. Sen. R-IIf- "h Bennett has written Walter J. Secretary Hickel backing a Utah plan which would consolidate oil shale lands which are now divided into private, state and federal ownership. Interior The Utah State Land Board has been urging such a plan since 1965, Sen. Bennett noted. He said that present state holdings are so badly dispersed that development of shale oil is being impeded. The land board and Gov. Calvin L. Rampton have suggested either an exchange of leases with the- - federal a federal agreement to lease contiguous lands in such a way that a large enough tract could be assembled to make development of the oil economically possible. Sen. Bennett also asked Treasury Secretary David M. government, or level. t Mines This added work program will cost in excess of $500,000 and will he carried out on a two-shi- ft per day Laris, Hunter said. While it may require more than two years to complete the planned work, it is quite possible that significant discoveries may he made long before the expiration of this period. metals research isGoiastt speaks on WASHINGTON Blocking oil leases of shale scattered up into single, economically useful tracts has been suggested by Sen. d'Alene Qualified geologists consider the zone to he explored hy this new, added work program a prime target area, Hunter said. Kennedy to endorse tax law proposals made by the Senate Finance Committee to allow depletion benefits on oil 6hale and on minerals taken from the waters of Great Salt Lake. In asking Kennedy to back the changes, which face opposition in the House, Sen. Bennett said the two allowances would put lake minerals and oil shale on a par with other minerals and normally liquid petroleum, with which they must compete. U.S. hays miningi claims J. Clyde Buehler, president of Great Western Mines Co., Ogden, has announced the sale of surface rigjhts of mining claims to the U.S. government. Mr. Buehler said the United States of America has purchased surface rigjhts embracing 25 patented mining claims located in the Brighton area east of Salt Lake City. Buehler said the price of the surface rights was $252,900. He said the Utah corporation has retained mineral rights respecting the 25 patented claims. Buehler said the U.S. has two Hofitsdly Silver ore assaying at $120 per ton is being stockpiled as production gets under way at the Butterfly Mine in Ophir, Colo., according to Claude S. Birtie, president of General remaining options to purchase in total an additional 64 patented mining claims from the company for option prices aggregating $506,000. Buehler said it was not known at this time where the government would exercise the additional options. I Finishing touches ere beina put on Kaiser KAISER COMPLETION Aluminum ; & Chemical International, Inc., operators. not yet been made. General International is a Salt Lake Gty firm, formerly known as General Contracting Corp. Mr. Birtie said arrangements' for the milling of the ore have operation is being carried out as a joint venture of General International and Diversified Mining Co. The Colorado mining Corp.s Center for Technology at Pleasnear Calif., anton, company's Oakland headquarters. Scientists from all the company's major research facilities for the first time will work in same location. Center, built for $25 million, will house research on aluminum, nickel, specialty metals, chemicals and refractories. Pictured is the administration building on the site. 80-ac- re 1 This announcement is neither an offer to sell nor a solicitation of offer to bay any of these securities. This offer is made only by the offering circular. UJS. CHEYENNE, Wyo. Dist. Judge Ewing T. Kerr has ruled the state of Wyoming has commission was without and no authority to regulate jurisdiction over tribal lands, but the motion was denied. Judge Kerr ruled that by the lands. inhabiting this state have agreed production of oil and gas within the boundaries of Indian treaty The ruling came in proceedings filed in federal court here by the Arapahoe and Shoshone tribes against the Wyoming Oil and Gas Conservation terms of the Wyoming constitution, The people declared that they forever disclaim all right and title to all lands lying within the limits owned or held by an Indian or Indian tribes until the U.S. extinguishes its titles to those lands. NEW ISSUE 300,000 Shares Common Stock Engineered cOportp . Q ittkofs. Products (Par Value 50c per share) Commission and the Gulf Oil Corp. Gulf had an application with the state oil and gas regulatory agency for issuance by the agency of an order authorizing certain producing oil wells within the Indian reservation to be included in a water flooding project. The project would allow a producing well to be converted into a water injection well. The Shoshone and Arapahoe tribes on the reservation asked the commission to dismiss GulPj application on the grounds the Offering Price $1.00 Per Share Copies of the offering circular may be obtained from the unde, signed only in states where the undersigned may legally offer, these secunties in compliance with the securities laws ENGINEERED SPORTS PRODUCTS (A Utah Corporation) .445 East 2nd South Salt Lake City, Utah Phone: 521-24- 21 ' 84ill |