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Show SURVEY St Trans Western immediately plans a operation to expose the shinarump conglomerate, the producing horizon in this area. Syndicate Property Resumed rim-strippi- ng Ph. 44641 ClreaUtlea Dept UU B. lit Boath Entered as eeoond dm matter at Salt Lake Cltj, Utah, under Act ot Xardt 1, 1179. Subecrlptlon ratee: 15.00 for tvo yean; 53.00 for one jear. Fleaae mention Western Mineral Surrey when writlnr to adrertiaera. Adnr tlsinr rates on application. Ilarry B. Sillier Drilling on Utah Galena Hide Out Mine, is held by the White Canyon Mining Company. WESTERN MINERAL 421 Church March 22. 19S3 The Western Mineral Surrey. Salt Lake City PAGE TWO Publisher Editor Feature Editor Adr. Manaper Cantrlhnttag Editor JAR EX K. HeCORMICK O. 1). Q I' IN LAN FRANCIS JENKINS foot depth Utah B. & B. well 1 10 inch surface No. 205 feet of pipe has been cemented in with 230 sacks of cement, drilling has been resumed and oil and gas encountered at a depth of 206 feet and has continued to increase to present depth of 260 feet. The oil is a paraffin base and is high in gasoline content The new test well is located in the City of Virgin in the Virgin Oil field, Washington County, Utah, where Utah Galena Oil Corporation, Syndicate Oil and Mineral Company and Idaho Oil and Mines Corporation controls some 1100 acres of ground. Mr. Ben H. Bullock of Provo, Utah an official of the Corporations announced in Salt Lake this week that the well will be completed to its objective depth of 1000 feet this Drilling at Galena-Syndica- One hole drilled on this property is reported to have shown a mineralized zone assaying .45 per cent U308 which is possibly the same mineralized trend that is being jnined by the presently White Canyon Mining Company. Drilling operations are progressL M. wnj. ing on Trans Western's lower Cottonwood Wash property. This All the news of the development of the is a wagon-drilliprogram utiliIntennountain Section, published by The Western ltmeral Surrey. zing equipment recently acquirAll news appeartny in the Western ed by Trans-WesteMineral Surrey la obtained from sources ng rn. believed to be reliable but no reeponat-bilitla assumed for accuracy of Trans-Weste- rn Gets Acreage in Deer Fleet y The Jones Brothers Mining Company of B landing, Utah, who are presently driving a development drift on Trans-Weste- rn properties in Hidden Valley in the White Canyon District, re- reported cently encountering Oil Drilling Big on Utah Officials of Trans Western Ura- some good mineralization at announced about 200 feet. This included nium Corporation considerable carbonaceous mathey have completed negotiations for acquisition of a 50 per cent terial some limonite and copper interest in 480 acres of state land mineralization in fair quantity. Plans call for a continuation of in the Deer Fleet area. this operation to explore this This property lies due west of newly encountered mineralized mine on zone. This property is located the operating Hide-O- ut the opposite side of the rim, three air line miles west of the known as Deer Fleet. The major Happy Jack mine in White Alpine Uranium Corporation portion of the area including the has terminated its public offering, it was announced today by Adrian W. Cannon, company president. Under registration A, the company had originally con- Galena-Syndica- Property te 260 te spring. at being Alpine Closes Its Offering; the project drilling under F. the direction well Acquires Mexican Interests The newhave the NEW ISSUES UTAH APEX URANIUM COMPANY PUBLIC OFFERING 3,000,000 Shares Offering Price 6 Per Share Non Assessable AMERICAN DUCHESS URANIUM AND OIL COMPANY templated selling 7,500,000 shares. However, in light of the rapid progress made with the company properties at Fruitland, n Washington, where a concentrating mill is operating 24 hours per day, the directors unanimously approved terminating the offering at 20 per cent less, thus increasing the stockholders equity in the wide range of properties held by the company. Cannon also announced: Alpine has acquired substantial interest in La Virgen Gold and Uranium" Corp., which has contracts on some eight thousand acres in 140-to- used A cable tool is and is Klip-pe- l. of Mr. Ben is located 1 series of pumpmiles south of Alpine has signed a contract which will give it control of a tin property in Durango, Mexico. Company officials have an estimate from A. J. Castanola Dam, who has mined tin from the thousand-acrproperty, and who has an interest in it, that over one million tons of tin ore exist on the property. Tin is listed as a strategic metaL Alpine has also consummated a contract with the Growdon-Thorinterests on a property near the old Death Valley Scotty Castle, in Inyo County, Calif., which are rich in copper. Wm. T. Warren, formerly one of Anaconda Copper Companys youngest superintendents, and later general manager of their Old National operation at Tooele, Utah, now retired, has reported that these new properties have a visible vein running some two thousand feet in length and having a width of over 15 feet. He estimates present assured tonnage at 200,000 tons and projects the possible total as being 3,330,000 e p Chihuahua, Mexico. Several exposures show rich pitch blende-gol- d deposits. This is believed to be the only area in the world, other than the Belgian Congo, where gold and uranium occur tons. together. It has been reported that La Virgen has been given Cannon emphasized that there the first permit to mine uranium were no immediate work comissued by the Mexican ' mitments on any of the new er wells that been producing for many years from a depth of from 520 to 580 feet. The Virgin Refining Company under the management of Mr. E. R. Bardwell is handling production from five of these pumper wells. The Virgin Oil field has been the source of pumped oil production for around forty years and is accredited with being the first oil producing field in the State of Utah as a result of successful pumping operation. Monarch Has Ore Strike Bullion R. N. Cooper, organizer of Bullion Monarch Mining Company disclosed that Vanadium Corporation of America, lessee of some Bullion - Monarch claims, five miles northeast of Marysvale, Is taking out a huge volume of primary ore every day. Cooper said that Vanadium and Bullion-Monar- ch are shippers who have encountered hydro - therma ore veins. Bert Brewster, mining magazine publisher, upon an inspection of the properties, described the strike as another Utah Copper discovery in size, but in the field of uranium. In PUBLIC OFFERING 1,500,000 Shares Offering Price A group of New York visitors who inspected the property last week, upon departing Friday, described it as terrific. 0 The original stock offering of was 10 cents a share. It soon rose to $1 and came back to 10 cents. Bullion-Monar- Per Share Non Assessable This is not to be construed as an offering of these securities for sale. This offer is made only by means of this offering circular. Northern Securities Phone Mutual BLVD. SEATTLE, 6-2- 10 ch Later it was decided to give away 1,000,000 shares of bonus stock. The new stock which for some time was 25 cents a share had an active few days last week. It was bid 63 cents a share in Salt Lake City on Friday. It was reported selling at 70 cents in New York. There are but 2,000,000 shares Inc. 515 VANCE 1949 WASH. Teletype SE-3- 17 outstanding. Approximately 750,-0- 00 shares is held by people hi New York. Mr. Cooper predicted it will be $1 a share In a few days. He pointed out the company owns all the claims out- right, has primary ore, plus operation by the best operators in the country, known as good business men. |