OCR Text |
Show UNIVERSITY OP. UTAH SALT LAKE CITY u? - ; . HR VUr Feotures Mining, Oil, Financial y Vol. 19, No. 26 Sajt Lake City, Utah, June 25, 1948 Smelting In Utah Date Set for Vanadium Ore Purchase . ' MOAB, Utah ClWlWmi,, lihrtlrv Requirement of Annual Claim Work Suspended Holders Must File " Intentions The purchase of ores by the Atomic Energy Commission will start at Monticello soon after the ' first of July, it was announced at Moab this week by L. C. Bur-mof New York City, chief of the licensing branch, and J. Howard Jones of Washington, chief of the security branch, AEC. These officials stopped off in Moab to confer with local men. They had been to the Monticello vanadium mill, which has been taken over by the AEC and will soon be placed in operation for the refining of carnqtite ores. uranium-vanadiu- m '' f Holders of unpatented mining claims will not be required perform annual assessment work, this year as the result of congressional and presidential approval of a bill providing for a moratorium of the required annual work, ;o an survey moratorium Introduced by Senator Watkins of Utah, the bill passed both the Senate and House and was signed last week by, President Truman. Claims Must be Worked Ordinarily, holders of unIn Early patented mining claims are reJuly ROOSEVELT, Utah Carter Oil ' Purchase of ore will start quired to perform $100 worth Companys exploratory crew, very early in July, they stated, and of work for each claim held in which has operated out of Roosethe ore .will be stock-piluntil order to keep the claim in good velt for the last two years, shiftthe minis in readiness for opered its scene of activities to Gilation. Sampling of all ores will standing. However, during the lette, Wyoming, . Friday mornbe done by the American Smeltthe war years, due to the dearth ing. The move came unexpecting Sc Refining Company under of help, relief from this necessity edly and terminates, temporarily contract with the government was provided by Congress. Carters field exploration work in This company has no connection this Watkins of Utah, year, the Uintah Basin. with any uranium or vanadium simi-a- r However, operations may be into a ntroduced Congress mill or company, and indepenat any time, Cecil resumed western DURING DAYS EARLY of new contenTHE mining history measure, basing his dent, accurate sampling will be smelters and Carters chief of party, Smith, forwardinstrumental were in was on labor the that fact tion processes smelting assured, it was stated. Elaborate to his departure dereported of prior lower to the holders and still hard deposits grade following development ing get and sampling assaying equipof claims were not in a position for the Wyoming fields. "The ment will be installed, at tne pletion of easily accessible high grade ores. As smelting facilities and processes have been improved, mining firms have to perform the required amount sudden shifting of exploratory Monticello plant been able to profitably mine larger bodies of marginal ores. of work in order to hold their crews is a routine and necesMining Active sary matter, Mr. Smith pointed Shown in the above photo is a typical scene at one of Utahs claims. "In this instance the Gillette Extensive mining of carnotite properties as ore is being mined preparatory to its movement This view has been strongly out. area is a "hot spot and immeores is already under way to one of Salt men and modern smelting plants. opposed by mining exploration is throughout the southeastern Utah who contend that diate prospectors imperative. area, and a large tonnage of ore many companies and individuals will start moving to the Montiare holding claims and doing RumorWork Incomplete cello sampler as soon as it is about exploration and one time has it that Ed atLaurent, nothing Roosechief of party open for business., The recently development. , velt for Carters Uintah Basin announced bonus offered by the File "Intentions" , AEC, field work, is scheduled to. return together with the transportation allowance of sixcents per. to. the .general scene of his form- While - the suspends- - re- er activities to head up anothtoo mirc from-niin- e' to mill, jiff quirement of annual work on er party.- - Laurent is now in Misproved a tremendous stimulus in om TJteh'o oU aerteo necesot article of a it te is tho Thte third melting unpatehted claims, (Idltors Note: sissippi. getting under mining operations Industry.) .; sary. for the "holders" to file Jim Toller and the Handley way. '' Scores of mining camps of "intentions" to hold in notice latin its Utah had the have been established, roads are The smelting industry in beginning Company, contract drillthe county office in which the Drilling ers for Carter Oil are moving into built and repaired, and ter day ot the Civil' War, many years before the completion of location . being notices are recorded or much new equipment is the field party. filed. This must be done before Wyoming with work - received by operators. The being the transcontinental railroad. of the CarExploratory July 1, 1948 and is for the 12 ter Oil Company in the Uintah schedules offered by the price Ox teams were still bringing AEC 1948. month period of 1947 and make it profitable to produce their companies of better fixed . Basin is about 50 per cent In filing intentions" this year completedonly low-gra- de cent of with 75 relatively ores, some-thi- Mormon pioneers across the there are some word changes the important areas per exthat was impossible in the already different than previous "inten- amined, Mr. Smith reported. past, and assure the profitable plains to the valley of Great Salt tions". It would be well to state To Push Drilling working of mines that had to re- Lake and those in lesser circumthat the intention : to ; hold is In a farewell main idle during the periods of stances were still pushing handgesture Mr. Smith, theassessment year "during for Carter Oil saidt activity in past years. speaking to the roads 1947-19under the provisions of Carter has enjoyed its conThe Monticello mill will not carts over the same Act of Congress titled "An tacts with the people of Roosebe operated directly Additional the by the valley. First Smelters CASPER, Wyo. Act Providing for .the Suspension velt and surrounding Atomic Energy Commission but communis tha rumors discoveries, plus of Annual Assessment Work on ties. Our business relations have will be leased to some milling stil made are the for were of smelters being plans Claims Held by Location been pleasant. We appreciate the concern. Several companies, it is The first wells in many portions of Mining United : deeper mines at erected . crudest the type, in courtesies extended to us. understood, are submitting the state, added a few degrees The intention States. must be many to hold Built serve. to operate' the plant to built were The transferring of the explorthey this week to Wyoming's oil fever. filed before July 1, 1948. a ; .. atory crew from the Basin will in of adobe byick or stone, they StUl very much in the limeno way interfere with the proposin well is Pures tons discovery per light could treat only a few ed test well drilling already planwest the West Poison Spider field i ned by Carter. A well on Indian day of corbonate or oxidized ores of Casper, worlds deepest proland north of Ft. Duchesne is a Sunshine' Consolidated' Mining and as fuel, charcoal made from ducing well, now flowing from at must, pnd although no additional to its and be the. Frontier Idaho what company aspen appears property is the wood of juniper information has been released, again drifting west on the vein gathered from nearby hills was sand at total depth of 14,309 feet the Stanolind Company, who will ur on the 3100 level, according to used. wel In one period the Carter-Stanolidirect ina drilling 836 barrels flowed of. saw streak the rich of seventies report following The early on Indian lease, reported the ore silver which brings the muck troduction of water jackets at the oil, through inch choke. Thursday morning from Rangely pile average up to 30 ounces. The old Winnimuch smelter at BingMay Drill Deeper that preliminary plans are go: company; is. now producing stead- ham, and at the Sultana smelter Completion of this well has State Mine Ida. WALLACE, ing forward. Speculation has it from above stopes the level, in American Fork Canyon. It was provided impetus for rumors, Inspector ily McDowell has that a wildcat will be drilled by ;. the results of which are said to George that to some of which appear .be not until the eighties on the mining Carter in the Roosevelt area at be netting the company around smelting beganearly to take form as that even deeper drilling issued hisofreport for the year an early date. Roosevelt Idaho industry $6000 per month. This is one of an from mining. in many of Wyomings basins is 1947, and separate industry out that while ' points the 'longest ore shoots in the in prospect for this year. of mineran increase was there Crime ot 71 Coeur dAlene district. Another 'discovery chalked up als state the during This was after the miner felt is that of Superior Oil Company the throughout in the gold Light Metals especially year, on California demonetizathe and Company, the full force Aluminum production is estithere was also an acute tion of silver (1873) and pros- the Little Laramie structure in output, to have totaled 570,000 mated shortlabor mine continued and pectors had turned their attention Albany County. At total depth of age, particularly of skilled min- short tons of primary metal in from the precious to the base 3824, this well is reported looking ers. He makes particular ' men- 1947, a increase above producer from tion of the metals. Discoveries of lead and like a 1946 Strengthened operations. increasing production other base metals were numerous the ; Tensleep. in the demand new latter and part of the prosdeep development ' and large lead plants were needDeadwood Section the year could not be matched by in the belt silver of pecting tonOf extreme interest throughou Coeur dAlene district. ed to handle the increased augmented production because of nage of ore. (The fourth article the Rocky Mountain area is the lastill a is of There shortages. The 12 --percent shortage in this series will follow soon in report that Sinclair Wyoming Oi bor in the mining industry of power domestic. in gain and these columns). Company has deepened, Dead-woan McDowell and said, Idaho, found additional oil in the 1000 men could be used section of the Cambrian, in additional Bituminous Coal ; states in the mines, mills and the Lost Soldier field in SweetProduction of bituminous coal water County. This well initially smelters. The states zinc output topped and lignite in 1945 was estimat- flowed 10 barrels an hour from inother mineral production. A all an net at ed tons, 618,000,000 the new pay zone. fOK QUKX IDENTIFICATION Of total of 157,701,011 pounds of zinc crease of 16 percent over the . INERALS IN THE HELD 1947. was were mined Lead in output of .533,922,068 torts in 1946. Reduced Commit second, with 151,501,110 pounds The increased production is at- Grain Margin tributable to the heavy demand - CHICAGO The board of di- produced. In the reports summary, Mc- Laucks Prospectors Goide throughout, the year and the fact rectors of the Chicago Board o! so. that there were fewer and short- Trade today voted to reduce Dowell said that, contrary to a III . nfa Urmi ky IJ.alil.4 HuMrijr dei.tr.l, er strikes than in the past years. minimum initial margin require- false impression concerning . Ml .Iw hflWW pupiHl.. Unu. k The estimated loss of production ments on grain futures transac- pletion of resources in the re- NW ml fact. fir wim w. . Mul I.tU mm for muiliM fwirt minrarryia. mAy "there are irimn of due to strikes in 1947 was gion, anc plenty Srtll Mute lfc kt it mpl hM yip. tions, other than hedging tons,; compared to transactions, to 40c a erals left in the mountain slopes spreading tons in 1946, computed bushel on corn, 14a a bushel on of the west. Our problem is to mnm Mputm or utlw at the going-ratof production oats, 30c a bushel on barley,' and bring undeveloped resources into 1901 WKSTfRN KATTUr Metal Mining Industry of Utah immediately prior to the Wallace Miner. . production. strikes, 60c a bushel on soybeans. Exploration Crew Moved ed Lake-Valley- s , geo-physi- cal . . Early Day Smelters Aid . . 1 . Drillers May MakeWyoming Wells Deeper ng . - - 48 . . pfo-pos- . als . - . Sunshine Cons. Shortage of Mine Labor Continues - 24-ho- . 44-grav- ity - . 47-64- ths well-found- nd ' ed, - . - of-th- e 39-perc- ent 400-bar- rel - . od . - , 19,-000,- 107,-000,0- ihh e 00 . |