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Show May 20. 1953 Page Three The Western Mineral Surrey. May 20. 1953 Includes 18 Claims Hicks Newton To Move Into ig Horn Uranium Plans Extensive Extensive drilling operations in the Indian Creek and White Canyon areas have been announced by officials of Big Horn Uranium Company. The program includes 18 claims in the Indian Creek area adjoining the claims of Royal Uranium Corporation, and, also the Joe Dandy claims, located 1200 feet north and west of the ore body on the fabulous Happy Jack mine in' White Canyon. Boyles Brothers Drilling Com pany, under the direction of Victor Stevens, has the contract for One-Ma- n the entire program, which profurnish all vides that Boyles will capital, equipment and labor, Big Horn providing the properties. F. Bennion Redd, president of Widespread public apathy in Big Horn, said that officials of neglecting to protect ones Pioneer Gold Company, of Canownership of uranium stocks was demonstrated when noada, have arrived in Monticello to award a contract for driving tices mailed to 1500 stockholders of Congo Uranium, informof a 5000 foot tunnel through ing them of a meeting of the Big Horn, Lost Boy group a meeting of stockholders, of claims, for the purpose of exadonly 215 replies. brought ploring Pioneers property claims. to At meeting time, one man the Lost Boy jacent appeared. A second meeting The job constitutes an extenwas called. Again, the same sion of the 350 foot tunnel which man was the only person to driven. Big Horn has recently cost of appear. Pioneer is to pay the driving the remainder of the tunnel, Redd disclosed. Office Larger Hicks Newton DENVER J. W. Hicks (left) and Ralph financial street. J. W. Hicks, president, said the Newton inspect I their quotation board installed at the firm's Meeting holes, which indicate commercial ore. The tunnel already advan ced to a distance of 230 feet, is now entering a heavy mineralized zone, Redd declared. About 150 tons of low grade ore has been stockpiled by Big Horn and is to be shipped with high grade ore, at an opportune access on Den- ver's main financial stem. (Survey Bnrean) Uranium Corporation recently acquired several new properties, according to George H. Cassity, newly elected vice president of the company. The properties are located in the Yellow Cat, Muddy, and Green River, Utah areas. Mr. Cassity said that he and other company officers have spent con- siderable time investigating the properties and are very enthused about prospects of good commer- ore. The company also has proper- ties in the Blue Chief area. Drill-ing on these properties will be- gin this week. Swedes Intermountain Stamp Works CLYDE AND KARL PANNIER, - Bronze I $25-inilli- shares. of I Rubber Stamps - Steel Stamps Machine Engraved Plates Employees been advised there will not be any immediate employee or pol-ci- al icy changes. Bay has marketing, refining and producing throughout the Rocky Mountain region, Kansas and Louisiana. Stone and Webster is a security underwriting, construction and engineering firm specializing PHONE chem-ical- s. Primes For Mill Work U-Be- 04 SHARP ENGINEERING COMPANY va Uranium Company is unloading heavy machinery at Beaver, Utah, for their new ura nium mill. One half of the machinery is to be used for a 200 ton plant now being unloaded at Beaver. Western Hemisphere Mills, Inc., has agreed to erect the mill. Uranium miners are now stockpiling ore for processing at mill. the has large copper anc tungsten deposits near Milford Utah anid plans to start ship ments in a week. nt Wells Robertson, of said that tungsten samples recently taken from the property show assays ranging from .05 up to 21.0 and cop to 18.8. Robinson per 1.7 said work is scheduled to begin in June, on proposec copper refining mill. va U-Be- U-Be- va va vice-preside- U-Be- va, U-Be- vas Portable Equipment For Site Work Advertise In The . 1336 Major Street Salt Lake City, Utah PHONE . . WESTERN 51 SHARP ENGINEERING COMPANY Denver board. Hicks said an open house will be held in the new quarters at 3:30 p.m. Thursday, May 26. Horse Canyon Over-Subscrib- ed Over-subscripti- Leading in production were the 10,-000,- 000 on MINERAL SURVEY Reach an Interested market! Telephone orders for indica-Range- bar- - tions began to come into the Weber Field, 66,998 Adena, 16,954, and Wilson fice of the underwriters 6,771 barrels. properties U-Be- 242 EAST 2ND SOUTH the firm have White.Weld & Co., New York investment and brokerage firm, owns Springbank Oil & Gas Co Memorials ng on- in utility, petroleum and Owners fast-expandi- of the share offering Horse Canyon Uranium Company stock at a penny a share, within two days, was announced by Doxey-Merkl- ey & Company, underwriters. The property is next to that of Circle Cliffs Uranium Company, which recently signed a $5,400,000 option with a Los Angeles syndicate for drilling . and exploration of its claims. Survey Denver Bureau Interest in Horse Canyon was DENVER Bay Petroleum Corp. of Denver has been sold generated several weeks prior to to Stone and Webster and Springbank Oil & Gas Co., of New j the Circle Cliffs announcement. Announcement of the big opYork, it was reported here this week. tion deal, accelerated the demand Sale price was reported to be for Horse Canyon securities. Horse Canyon filed a registraThe sale included 96 per cent tion with the Utah Securities Qf the Denver company and all Colorados Oil Commision several weeks ago. DENVER the stock owned by C.U. Bay and Gas Conservation Commis- Officials said they expect the of New York, former U.S. am- - sion this week reported crude oil I prospectus will be ready next bassador to Norway. Bay and his production for the state during I Monday. All of orders or lndl-;- he owned M but a mall week ended May 14 averag- - J cations to buy, came from restof the outstanding ed 144,401 barrels daily. percentage dents of the State of Utah. Gets Property time. Larger production on an accelerated schedule is the objective announced by the Big Horn president. Proximity of Big Horn prop erties to large known ore bodies was an important factor that influenced Boyles Brothers to negotiate the contracts with Big Horn, President Redd declared solving as it did the problem o lack of miners and equipment for the work. Corporate Seals quarters feature an Swedes Uranium Redd also said that a tun- new quarters for his organization are located on the ground floor between the new Denver Club Bldg, and the Kenmark Hotel. new offices in The new walk-i- n quarters will a large stock quotations include Denver. The new A nel is being driven on the Lost Boy Claims to encounter the drill & Co., Inc., Friday announced plans to move from Suite 312 Colorado Bldg., to new and larger quarters at 524 17th Street Denvers Tues-Cre- ek Jday. SAVE! 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