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Show a. m t.v i VoL 28; "?w cf UfoJt No. 28 ' t i .41 I 5- - Oil and tRiming World" tynificaHo hber 6, Salt Lake City, Utah, 10 Cents 1957 rv 0f Convention Speakers at the convention in- elude noted congressmen, busi- ess and civic leaders and mining officials. Among the speakers are George D. Clyde, governor of Utah; Frank A. Barrett, sena-- 1 tor from Wyoming; Alan Bible, with registration being held in Nevada senator; Karl Mundt, the lobby of the Newhouse Hotel South Dakota senator; Arthur V. asn. Watkins, Utah senator; William beginning The basic, practical approach to the mining industry's problems economic, legislative and operating-will be the center of the 1957 Mining Convention, of the American Congress. The convention opens Monday A. r congressman; Stah congress- Henry i.uOklahoma Ed man; son, congressman; Frank Ikard, Texas congressman; John J. Rhodes, Arizona congressman; Richard M. I U-Fi- rm Salt Lake Monday V Bui to Boost Simpson, Pennsylvania congress- man; Victor E. Cooley, deputy director of defense mobilization; Edward Woozley, director, Bu- of Land Management, and Allen F. Miller, U.S. Forest Service representative. or. WlU president of the American Zinc, Lead and Smelting Co., St. Louis, I The discussion will center around the question, What Are Our Na-re- au Itional Mineral Policies? I Other subjects include labor relations, exploration and geol- Mve"tlon Bering and metallurgy, rtate If k the totag Industrie., under- ground mining open pit mining. Randevu. schedule (See lands, safety and health, public events in this issue.) tax panel; gold, silver and monethe convention MonOpening tary policies, uranium, industrial Western Nuclear Corp. will inday will be Howard I. Young, engineering management probcrease its uranium mill runs at lems underground drilling symSplit Rock, Wyo., to 600 tons posium and industrial minerals. The subjects will be discussed daily by Sept. 15, reports Robert y, W. Adams, Rawlins, Wyo., by leading officials familiar with 4 Robert Crail, President of SunSec. 7 & 8, T. 42 S., R. dent. The mil has a rated the various subjects. I W., SLB&M. parity of 400 tons .daily. down Petroleum Company, anTwo special field trips have In a letter to shareholders, he Ore assays were 4.91 copper, nounces the purchase of The was Columbus Rexall Oil been Corp. arranged for the visitors to 61.9 silica. Sixteen uranium said of the proposal now before the on trader the Salt Lake Spartan Mining Company of Ne- claims near Salt Lake big City. The first one is Panaca, Nevada, Sec. I the Atomic Energy Commission Stock Exchange vada. The acquisition of the commonth the to Geneva Steel Plant at the during 2, R. 68 E., T. 1 So. Ore assays for an 800 expansion of August. pany includes 29 Iron Claims in for 8:15 The blast am. furnaces, open this property show .36 ura- - of the mill: the Iron Mountain area in Iron officials in checking hearths and the rolling mills Exchange I we While not .10 to do vanadium. expect nium, volume for the period, reported where steel plates, coils, hot County, Utah. al-- 1 Sundown has for the some 1,482,340 shares complete negotiations equipment These claims lie and join the of this stock sheets and structural shapes of loca-contract for several weeks, we hands prior .to tempo--1 an gises are rolled, will be sights west' part of the east boundry ready been moved to this stock- 1- I feel changed confident that the additional rary suspension for trading this of the U.S. Steel Rex open pit tion and ore is now being visitors wiU long Temember. Ug ore discovered Oil leases situated this sum-i- n Week. and I piled. gas during Mounon Iron mining operation the So. East quarter, 23 T., 33 mer by the company and by the In total, 2,597,559 share at Enroute the tour group will tain near Cedar City, Utah. Also R. 16 W., SLB & M. Two I independent mining companies $393,540 changed hands in August pass the Murray and Midvale 50., 5 uranium claims in Sec. 22 and oil leases located in Sec. 4, T. 34 in the Gas Hills area will more as against 2,786,198 at $564,321 in smelters. 23, T. 41 So., R. 14 W., SLB&M. Six copper claims in Washington 50., R. 17 W., SLBM and Sec. than justify the contract We feel July of this year and 2,024,817 , a number of in the East half of the South that our contract proposal would shares at $447,095 in August of a A circle tour mining and metallurgical plants ,T, 33. j5o., R. 15. W.l afford a reasonable profit to our year ago. K j IJgst .quarje1, has also leased l5i company and yet deliver concen- This compare? with. $20,510,384 of particuiar interest to mining be the seoond special liron claims in Tr 36 So.;I'I3 &tratesvto the AEC at a very fair or $3,325,985 for eight months of men w Held 14 W. Sec. 25 and 30, in the price. trip. last year. Pinto Iron Mining District Iron The circle tour will include County, Utah, on Iron Mountain. stops at the new and modem Ore assays are 57.4 iron. This surface plant, of U.S. Smeltings The General Petroleum Corp. & Colorado Fuel property joins U.S. and Lark Mines, kennecotts (Sooony-Mobillocahas staked tions. for its first Paradox Basin Irons property, which is being Magna mill, Utah Power and mined at time the present by wildcat in the Cahone Mesa area Light Co.s Gadsby Plant, with Utah Construction Co. views of Salt Lake Tungstens of San Juan County. The leased was from property The firms Navajo will refinery, Vitro Uranium Co.s (Plans for an Immediate appeal in response to another dramatic mill, the Hercules Powder Plant be spotted 660 feet from the South Dr. C. F. Barnhill and Mr. W. Leo line and 660 feet from the West Knell, who is a direct descendant to the U.S. Tariff Commission for drop in the price of the 1 cents at Bacchus, Kennecotts electro- line of Section 16, Township 40 of the Page family of Cedar City. relief from foreign imports of a cPPer refinery , the Gar- in- They are one of the original dis- metal into America are being pound and there was further South and Range 25 East. field cPPer smelter of American dicated weakening of nrices on It will go to 7,500 feet and is covers of the now famous Iron made by certain segments of the world the7 . levels where surpluses Smeltine and Reftain , Co., the first validation effort on four Mountain. western mining industry. become a matter of airiooa ? Salt The acquisition of these propsections of land drilling rights on The American copper producers have the Saltair plant of oMrton concern on Iron erties Mountain makes as which were obtained by G. P. seek an end to suspension of the Company. Sundown Petroleum Company two cent import tax on foreign g reshlf of successful A. J. OConnor, vice president at the Navajo Tribal sale last one of the largest holders of iron copper, making the tax applicable and general manager of Consoli- - Entertainment features include November. welcoming luncheon Monday property in the area. at 27 cents a pound rather than dated CSoppermines Corp., White Miners Jamboree Monday at 24 cents under terms of the Pine County, Nev., said the Shtat Saltair, Kennecott Party suspension legislation approved peal to the Tariff Commission Bingham Canyon Tuesday would made be was there because by Congress. At 24 cents a pound, many ma- not time for a previously an-- ntht, and the annual banquet at ss jor operations would be closed nounced plan to ?eek relief from the Rainbow Randevu j day n8bt. down in the West, according to in January. observers. Special programs also are plan-M-r. OConnor his that reports ned for the ladies, including a is The Commission Thrift action in to in return Fuel Nuclear Atomic stock Stockholders of f firm has been With hurt. luncheon and fashion show and badly Wedmeet Extraction Corp. will Nuclear in a manner satisfactory some oc- - brunch and a 340 firm the employes 10 special Tabernacle am. for to the Atomic Energy. Commisnesday, Sept. 25, at counts 40 the for cent of proper recital, organ a special meeting. It is scheduled sion. due tion going into the McGill re for Room E, Annex Mezzanine of '. Said alternative to be agreed duction center (mill and smelter) The Albany Hotel in Denver, upon , between the Directors of of the Nevada Mines Division of Colo. and Atomic Fuel prior to Jtfucr Kennecott Copper Corp. ProducThe following subject will be; jtald mfeeting, and such agreement tion is from with Ken open ' discussed: to be subject to approval at said Continental Oil Co. this week necott doing much pits the of mining, a 1. To consider and ratify I stockholders' meeting by Nevada also test a Mines announced for production plans deep becontract entered into by and vote of the stockholders. (Your of Paradox-Mola- s if from open pit, although it has formations on tween Atomic Fuel Extraction Board of Directors has already an underground operation in its Federal Oil Co. of Salt Lake the Bench Bluff north end the of NuCorporation, as seller,' and considered and approved these City reports an oil show in the new Deep Ruth. clear Resources, Inc., as pur- transactions subject to approval unit of Carter Oil Co., 12 miles Mississippian formation above south of Blanding in San Juan Mr. OConnor Consolidated 7,470 feet in its wildcat on the chaser, for transfer of all of the of the stockholders.) said Paradox Basin. assets and the assumption of all 2. Accepting, ratifying and ap- Countys Coppermines was associating Bend structure west of Federal-CarteThe firm's No, self with the liabilities of said Atomic Fuel proving prior actions of the direcin Corp. Phelps Dodge Grand Moab, County, 1 will be drilled 1,980 feet from Extraction Corporation, and the tors and officers. the plea for relief for domestic are that a reports Industry further liquidation and dissoluproducers. Of the big three do- - varied degree of saturation was tion of said corporation, or mestic producers, P-- has virtual- - found in ring of some 154 feet 22 38 South and To consider and ratify at said acti in of the formation. :Ieat2ed northmiles Casing has been is The at the United meeting an agreement to merge ordered in a comple- for setting said Corporation with a new Cor- ST Other major domestic producers tion effort. Meanwhile, the well Meanwhile, ample . Shell gave size poration, organized in Colorado Stock transfer books will of are crowing Kennecott, with mines in M being deepened. There appar-Uta- h, and known as Nuclear Resources, closed at the end of business on Des Field the Ruaherford Nevada, Arizona and New ently was no free flow of crude .. (North Inc., or August 30, 1957. Only stockhold - . . Mexico, and Anaconda Co., with to toe surface. The well is To consider and ratify any other ers of record as of that time will I new fleU JjS? three ln SertIon production ln Montana ted ln about toe northwest quar-an- d plan which may be developed by be entitled to vote. all Section Other important production ter of the southeast quarter of 12 and another in 1, this Corporation and Nuclear Re23 of copper at Yerington, in western Section 30, Township 25 South JOHN R. BLACK, Township 41 South and Range sources, Inc. whereby the assets ' and Nevada. East. Range 18 East. and liabilities may be transferred Secretary at-8:3- 0 ,bVJS,i "SSSZZ I Mill Production Sundown Announces Purchase Of Spartan Columbus Rexall presi-Count- I ca-1- Tops Exchange I I ton-a-d- ay I I I 1 . v- I - ' I Stakes Locations Drop In Copper Prices Stirs New Aid Appeal e) F-14-- I 5 I bonus-biddin- ap-n?u- n- I Atomic Fuel Extraction Corp. Slates Stockholders .Meeting 1 Wednes-Congre- , Cont. Schedules Federal Reports Paradox Testing New Oil Show 66-23r- r I i dSSf JStr ASSSL.1 rorsreuoii: Iut I' D I spot-princi- pal - |