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Show Poi METAL FHICES Inioxmation Ott Stocks Coppei 33 Lead IS Ufinium and Mining VeL 26; No. 12 "ConsolioV r Of Ore One Year $3.00 Salt Lake City, Utah, March 29. 1955 ucing jntit 9,000 Tons1 Has Had C income of $5 Lavender and Mt. Phoenix ro Soon Office Open Expect E. G. Frawley, President of Consolidated Uranium Mines, Mesa Uranium Inc., said that his company, one of the pioneer companies in the Uranium mining business, has expanded its business and activ- Merger Proposed 'i i ot Ore Tunnel to be Driven Through Big Horn Properties rrawiey days Million ities to include the exploration, development and operation of tungsten properties and has plans underway to further widen its scope to include tne development and operation of copper and along ore beds at various places titanium properties. The titan- for a distance of about three ium property which Consolidated miles, and it appears possible is now considering, adjoins the that open cut mining operations titanium property of Republic may be feasible. General Metals Steel Corporation in the Repub- expects to activate this property lic of Mexico, which was recent- early this Spring. ly described in a story in ColThe Temple Mountain Uralier's magazine. nium operations of Consolidated Last Saturday Consolidated are unique in some respects, inshipped its first truckload of cluding the three-fe- et in diamconcentrates from the Linka eter round shafts, 12 in number, mine, valued between $35,000 and through which the production of $40,000. the Company is hoisted on a subIn further discussion of Con- stantial basis. These shafts, solidated progress, Mr. Frawley which are much cheaper to sink continued: than conventional shafts, and Consolidated's Linka Tungsten make it possible to open new Mine, located near Austin, Lan- areas on a much faster basis, der County, Nevada, is now in have well proved their efficiency. production on a basis of around Consolidated has already pro100 tons per day, but within the duced over 170,000 tons of ore next week the Company expects and has had a gross income of to produce around 150 tons per over $5,000,000.00 with all net day, and before summer, between going back into development and 200 and 250 tons per day. This expansion of the company and property which has been devel- its activities. oped from the "grass roots" by is Consolidated producing Consolidated and its immediate around 9,000 tons of ore per predecessor in interest, shows an month in its uranium-vanadiu- m extensive, ore body some 800 and its tungsten operations, and feet in length, with width of be- within a short time expects to be tween 20 feet and SO feet, as has producing 10,000 tons per month been demonstrated so far, to a or better. By including production depth of more than 250 feet of its presently 65 per cent owned Consolidated, in cooperation subsidiary, General Metals Cor with its 85 per cent owned sub- poration, Consolidated expects to sidiary, General Metals Corpora- be producing approximately 15- ,tion, has secured and is now get- 000 tons per month by late sum ting ready to produce from an- mer. other tungsten mine, known as The Mexico copper, titanium the Gun Metal, in Mineral Coun- and other properties, now under ty, Nevada. At the same time consideration by Consolidated, if the present mill on this prop- they are finally taken over, will erty is being expanded to han- be operated through a Mexican dle about 200 to 250 tons of ore subsidiary corporation, from an per day. office of the Company, which In addition to its uranium pro- will soon be installed at Phoenix, duction at Temple Mountain Arizona. where ten separate operating Consolidated is well staffed units are in operation, Consoli- with experienced and competent dated expects to obtain addiengineers and geologists, tional ore shipments from var- mining Dr. M. N. Shaw, metalious properties in Colorado, including engineer, mining engilurgical which operations have been sus- neer and geologist, formerly with pended because of the heavy U. S. Vanadium Co., Climax Urawinter conditions in that sec- nium Co., and more recently with tion of the country. the National Research FoundaGeneral Metals Corporation, a tion of the Colorado School of subsidiary of Consolidated, as Mines; A. F. Boyd, mining enabove mentioned, owns large gineer and geologist, formerly holdings at Outlaw Mesa, Mesa with Braden Copper Co., and County, Colorado, and at various U. S. Vanadium Co., W. G. Moul-to- n, other places on .the Colorado mining engineer and geoloPlateau. Production in a prelim- gist, formerly with various large inary way is already coming mining companies and a mine from certain of the Outlaw operator on his own account; and claims, and Geenral Metals 1b Lyman Moore, mining engineer, now resuming a large scale drill- formerly with U. S. Smelting & ing program both at Outlaw Mesa Refining Company, and other and elsewhere on the Plateau mining Companies. The officers whore the heavy snows during and directors of Consolidated are winter forced a suspension of mine operators, engineers and operations. geologists with many years exGeneral Metals Corporation perience and include Roy A. holds under lease and option to Hardy, dean of Nevada enginpurchase, a copper property In eers, who is now the engineer in Sandoval County, New Mexico, charge of the Getchell Mine in where the ores presently avail- Nevada, which is producing able are, based upon metallurgi- around 1,000 tons of tungsten cal tests, amenable to recovery ore per day; Joseph Barton, of values by heap leaching. This mining engineer and geologist, property while not completely formerly with St. Joseph Lead developed, shows mineralization and National Lead Company, and 1800-Fo- Two Shares Lavender for One Mt Mesa Is Plan Sign Working Agreement With Canadian Outfit; Hope to Intersect Happy Jack Ore Body With Three Tunnels Working Big Horn Uranium Corporation has negotiated a working agreement with Newam Company, Vancouver, B.C., affiliate of Pioneer Gold Mines Company, for the driving of an 1,800 foot ore tunnel through Big Horn property for exploration on claims to the west, in which Pioneer has interests, it was announced by F. Bennion Redd. ricsiuciu im, sig uuiu m a progress report to stockholders. President George E. Bridewell, of Lavender Uranium Company announced today that a proposed merger of Mountain Mesa and Lavender has been ratified by the directors of each company on an exchange basis of two shares of Lavender for one share of Mountain Mesa stock. A meetAccording to Mr. Redd ore encountered by Newam in driving of Mountain Mesa stockholders is reported to be scheduled ing through Big Horn property for a vote on the proposal. Mr. is to be stockpiled to Big Horn's Bridewell said Lavender stock- account. He also disclosed the holders will hold a special meet- tunnel has been extended nearly 300 feet on the Lost Boy group ing in about three weeks. of Big Horn properties, located to Mr. Lavender, according Bridwell, is now finishing up the 2200 feet south of Happy Jack last exploratory drilling contract in White Canyon. Redd announcthat the company let. He said a ed several tons of ore have total of 75 holes was sunk to been stockpiled for shipment to date and all showed mineraliza- the buying station a mile distion with exception of seven. He tant. The report disclosed a second said some showed an assay of .35 tunnel has been driven in, 30 per cent uranium. Mr. Bridwell said a statement of February 28, which was prepared in accord" ance with standard mining pro- cedure indicated that Lavender has a net worth of $232,041.00. Mountain Mesa has a large number of claims in the Gas Hills area of Wyoming. President Bridwell predicted the technical staff of Mountain Mesa, plus the engineering skill of Niles J. Andrus, Lavendar engineer will provide a profitable working combination. He said Andrus is to be accorded larger supervisory responsibilities than he had with Lavender, overseeing a vastly greater area of claims. Maurice Yates, and H. O. "Tex" English, represented Mountain Mesa in the negotiations and President Bridwell, represented Lavender. Vitro Starts to Drill South of Green River Lease 30 Claims From Uranium Services Inc. Uranium Services, Inc., has 30 potential uranium leased claims in the Brushy Basin Formation, 12 miles south of Green River, to Vitro Minerals Corporation, it was announced by Jack Reid, general manager of Uranium Services. It is reported that Vitro has started to drill on the premises this week. Reid said other drilling operations are in progress on adjoining ground, where it is reported ore is being encountered. If Vitro is successful in its exploratory work on the 30 claims, Uranium Services plans individual drilling operations on five additional claims in the vicinity, which are not under lease, Reid disclosed. who is personally affiliated with a number of Important mining prospects in Mexico and Brazil. While the measured and probable ore of the Company is said to be substantial, the figures will be available when the next report is published, some time in April 1055. feet, on the Winchester claims of Big Horn, adjoining Lost Boy. Favorable ore showings are said to have been encountered as the work approaches the channeling lying directly ahead. Redd reported ore producing formations in every one of 27 holes drilled on Big Horn properties, several showing good mineralization of varying amounts. He said some samples tested over .20 with one as high as .58 according to the babbel counter. Big Horn owns outright a 100 per cent interest in 640 acres and has no royalty payments to meet. Three tunnels simultaneously, according to the progress report, gives Big Horn an opportunity to intersect the Happy Jack ore body, believed to extend into Big Horn property. Big Horn has fully op-traci- ng paid for all of its equipment and is in sound condition financially with no outstandnig obligations, Redd's report stated. Chemically Run Refining Mill Next Step Quigley Says Geologist Sees Salvaging of Good Ore With Modern Mining Technique The uranium industry is now an indispensable feature of a entering a phase that has to do vast production program now with construction and adoption getting into swing. of practical ore upgrading mills, It will take time for experito Don mentation and there probably QuigGeologist according ley, who predicted it will not will be a few unsatisfactory mills be long before this important at the start, declared Mr. Quigley facility will be functioning who emphasized that the upthroughout southeastern Utah as grading mill phase of the program is definitely approaching fruition. 46 Pointing out that the type of and sorting now going on Mill mining is expensive and in many cases wasteful, Geologist Quigley said Shipment by Uranus, Incorpor- a great deal of mineralized maated of a carload of 46 tons of terial now goes on the waste pile commercial ore out of Green because not enough care is exRiver, assaying .27 per cent was ercised in sorting the ore and delivered this week to the Vitro in adopting tried and true minCorporation mill at Salt Lake ing technique. Mr. Quigley ventured the opCity, it was announced by Lynn BraUranus. of Brady, president inion that a great many areas dy is at the Uranus properties will become potential ore proin the San Rafael Swell, assist- ducers because lower grade ore ing mine superintendent Henry is going to be utilized with the Gorman. medium of uprgading mills. He Mr. Brady disclosed today that said there are some mills now Uranus has agreed to act as pow- in operation that are purely meder distributing agent in the chanical, although he confidentGreen River area for the Illinois ly believes the chemically operPowder Company. Uranus' field ated plant is the next step and force has recently completed its introduction to the industry construction of an underground may come within a reasonably powder magazine in the mining short time. company's premises where powder will be stored. Brady estimated that 200 box- Prevents Jamed Idlers es of powder per day can be Rise-tyidlers have become sold in the vicinity, netting a standard equipment on Caterpildaily profit that may rival the D6 lar Tractors and No. 6 return from the mine. Condaily according to an anservatively, if the agent disposes of 50 boxes a day it would mean nouncement by Caterpillar Traca net of $100 per day for Uranus. tor Co. The smooth sides of these Richard Motkus, who is slated new, wider, fabricated idlers to succeed to the presidency of prevent foreign material such as Uranus said the powder maga- limbs, brush and rocks from bezine should be completed in two coming entangled or jammed in the idler. weeks. Uranus Ships Tons to Vitro pe Trax-cavato- rs, |