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Show PAGE TWO The Western Mineral Survey, Salt Lake City, Utah Salt Lake Architects Design $81,000 Moab Uranium Building Haines & Purhonen, well known Salt Lake City architects, with offices at 65 East 4th South were the architects who prepared drawings and specifications for the new $81,000 twostory Uranium Building, now under construction for Ralph J. Miller, Sr., in the heart of the Moab, Utah, business center, at 11 North Main Street. The construction contract was awarded to Ragnar Benson, Inc., whose Western Division office is in North Salt Lake City. The new building is adjacent to the existing Millers Moab Cooperative, a general mercantile store. It contains 4500 square feet of sales area on the first floor and 4500. square feet for rental offices and suites, on the second floor. The Offices are designed so that multiple occupancy may be arranged on a flexible basis. The existing store of Millers Moab . . Cooperative will be remodeled to serve as a modem super market, when the new building is occupied. Demand for office space has ready reached near capacity, alal- though the new structure actually will not be completed until the middle of December. It is the first modem office and commercial building erected in Moab since uranium discoveries boosted the towns population from 1500 to an estimated present popula- - WarProjeetSpurs ' Uranium Mining The Manhattan District Project during World War H was responsible for a domestic uranium mining industry in the Colorado Plateau region, according to Donald L. Everhart, Senior Staff . Geologist, U. S. Atomic Energy Commission. It was pointed out by Everhart that new devolpments during the past two or three years have increased an interest in many other parts of the United States, in Colorado eluding Wyoming, North and South Dakota, New Olympic Uranium Reports Ore Find Olympic Uranium Corporation New residents are officials disclosed today that the arriving daily in trailers or al- company has acquired three new most ' any medium of vehicular claims in Ferron, Utah, on which transportation. Sleeping bags en- drilling has been under way sevjoy a brisk sale daily at Moab eral weeks. Reports indicate the stores as new uranium disciples company has uncovered a three join the trek toward a uranium foot bedding of camotite ore, mecca. showing approximately a seven cent U308 content Officials per A unique design on the front described the holding as a large of the new building eliminates lake-bottoarea, with an abundirect sun light through winof channels. They expect dance dows, preventing direct rays of to continue drilling operations. the sun from contacting the sales other uranium companSeveral floor. This was accomplished drilling In surrounding areas, through the use of colored, alumi- ies, are reporting excellent results. num canopy, over diagonal winofficials also stated Olympic dows, set in brick piers, for an on work that their tunnel, now entrance motif. to meet the Salt drivendn, being This represents the latest Wash member, which is an atthinking in modem commercial tractive zone of the Morrison, reflects is progressing satisfactorily. The building design credit upon the ability of Haines tunnel Is being driven a distance & Purhonen who were busy night of 100 feel This work is located on the and day for several weeks comColeen their in designs Group of 15 claims, adpleting response to almost daily queries from joining property of the Congo Moab relative to the progress Uranium Corporation, 28 miles south of Notom, Utah. Olympics they were achieving. objective is to accomplish a similar program to that achieved by Congo. Encouraging reports have been received by Company Officials of tion of Mining and Alpine Acquires Interest In Old Turk Mine Alpine Uranium Corporation, Salt Lake, has acquired an interest in the old Turk Copper mine and Deer Trail silver properties near Fruitland, Washington, and is undertaking the biggest development program the area has known in years according to the Spokane Chronicle of September 2. Adrian W. Gannon, of Salt Lake, is President of Alpine. The Company which has a producing uranium mine In Arizona, is rehabilitating the old Deer Trail flotation mill and boosting its capacity from 30 tons to 125 tons a day. Alpine has offices at 512 Zion Bank building in Salt Lake. Alpine has other q the area with total holdings of GOLD may have its inning In Congress next year. Senator Bridges who introduced a gold redemption bill In the 83rd Congress and vigorously press for its passage." He was quoted by the Gold Standard League as saying the Administration felt that even Senate debate of the measure during the recent session might have been detrimental to carrying out of present financial policies. is planned before a crosscut is run to the structure. Holes will be drilled both north and south of the vein. The zone in will be tested below the 3000 Uranium ore from 71 mining claims in the Black Hills of South Dakota and Wyoming has been sold to the Atomic Energy Commission, a U. S. Geological said this Survey spokesman silver-copper-lea- d LEAD AND ZINC have been strong and active in London lately. As a rule because of their they are per and 1.2 per cent lead to the continental connections markets. of our ton. Additional diamond drilling usually ahead ot 40-fo- ot level. POLARIS-SILVE- DOLLAR R CORNUCOPIA g a large deing and posit of asbestos from some of its claims in Deer Creek Canyon in Arizona, near Kaibab, on the Arizona buffalo range. Asbestos is one of the crucial minerals needed by the United States for insulation. thq extent of exploration for uranium in the Black Hills area. Ore production to date has been from small, near-surfac- e deposits - MT. PEEL MINES, INC. Verne Young, President Moab. Utah - stock-pilin- When You Compare Prices Also Compare SERVICE -- DHTEGBIIT QOflllTY These are the cornerstones of our business. - Per The Terns Of THE OFFERING CIRCULAR The Company holds by assignment, four different groups of mining claims, totaling almost 1180 acres in the Southeastern Utah and the Southwestern Colorado region e business of the Company is exploring for . uranium on its Property An Offering Circular may be obtained free by contacting the INGERSOLL-RAN- D UNDERWRITER ARLIN DAVIDSON 39 Exchange Place - Salt Lake City, Utah Please send me the Offering Circular on White Eagle Uranium Co. Telephones. Address Zone State. ALLIS-CHALME- GENERAL M0T0BS DIESELS -- : Lincoln R. Page, Survey geologist from Denver, also outlined GOLD has market in value since antripled nouncement last week that it is going into Utah uranium. 3,000,000 Shares of Common Stock --5c Par Value OFFERING PRICE 10c PER SHARE : week. . White Eagle Uranium Company City - in Cretaceous sandstones; he said, but recent exploration indicates the presence of larger deposits at depths of more than 100 feel Private operators In the area have financed more than 115,000 feet of wagon and core drilling and about 25,000 feet of drilling has taken place under Defense Minerals Exploration Administration contracts; Page declared. The AEC has drilled an additional 100,000 feet of core holes. Page also, described the types of deposits of the yellow-carnoLEAD AND ZINC OFFERS for tltei land Mack coxvusite oires the national stockpile were sent found in the Black Hills. out to the trade by stockpiling officials, signifying Inauguration FOB SALE 0B LEASE of the Administrations new and The Uranium claims in bigger stockpile build-up- . Big Indian metals offered must have been Wash, San Juan County, Utah. obtained from domestic ores minFrom 1 to 100 claims ed After April 1. NEW ISSUE flame Hites FLASH! ZINC llftc, up ftc. only the beginning, folks." CHESTER provided the surprise of the week. Most folks thought the 3000 level exploration program by Polaris had ended in a blank. However, it was announced officially that diamond drilling at the western end of the property has indicated a wide vein of ore over a strike length of from 60 to 100 feet. Recoveries indicated the mineralized zone is 40 feet at one point A five-fowide section assayed more than 100 ozs. of silver, morethan 3 cop-- , Its exporation work in the New Purim area also is looking good. Ore opened on the 3200 level is better than generally realized. About 1,000 feet remains to go results obtained on their four on the 3400 level. If ore is found claims located near BakersviUe, there, a considerable tonnage would be available up to the 3000 California, in Kern County. A tunnel has been driven to a and above. depth of 190 feet on the comBUNKER HILL reported a nice panys four claims in Oak Creek, in first half earnings up gain Garfield County, Utah. Drilling to 69c share from 43c in the operations are scheduled to begin first sixa months of last year. Net in a short time. income totaled $912,654. Total income was more than $19,000,000. The earnings statement was accompanied by dividend checks for 25c a share,, making 50c a share, or $54,000, paid stockholders so far r this year. . r Nevada, Cali- 1000 acres. Mr. Cannon said Alpine is minfornia, Pennsylvania, New York, As Mi 3.500. Mexico, Arizona, and New Jersey. Everhart said that many favorable areas within the United States remain to be explored and that expectable discoveries of mineable ore bodies at present economic grades should continue for many years to come. SEPTEMBER 27, 1954 RS MANY OTHERS We will supply and ENGINEER your Equipment Problems Cromer Co. Brokerage Member Salt Lake Stock Exchange Salt Lake Stock Exchange Bldg. Swle No. Exchange Place 439 Salt Lake City, Utah New Uranium Digest Free upon Reguest Also information on the above quoted issues Phone 17 Teletype SU 180 CUSTOM BUILT WAGON DRILLS. BLOWERS. HOISTS .EVERYTHING FOR THE MINING INDUSTRY, NEW OR USED RENTAL & PURCHASE PLANS AVAILABLE . Cate Equipment Go. -- 49 E. 9th South Main r1 - Salt Lake City, Ut, Street - Moab, Utah |
