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Show Jane 10, 1935 Th Road, Drilling Program Launched On Utaco Southern Utah' Claims Continental Gets $34,000 Loan Utaco Uranium, Inc., this week began a new phase of its extensive exploration program on the 132 Utaco claims in Grand and San Juan Counties, Utah. other drilling program, starting on the Evening Star claims on Indian Creek, San Juan County. Burck said five holes on Evening Star found good mineralization. President George J. Burck, The claims will be explored furMoab, said Ace Turner has been ther after assessment work is to build roads on completed on other property, he employed 13 Hole - in - the - Rock said. Utacos claims in the Paradox Basin, Burpk and other company ofsoutheastern San Juan County. ficials have spent the last week Turner also will drill those inspecting company property and claims to block out the previously-indic- planning future operations. ore body and determVice President D. E. Kivett of ine the best mining procedure. Salt Lake City currently is in Utacos Coal Bed Canyon Missouri, working in St. Louis claims, in San Juan County and Kansas City with the E. R. southwest of Dove Creek, Colo., Bell Brokerage Co. which is also are to be drilled by Turner. handling the sale of Utaco stock there. and Both the Utaco the the first Class A Coal Bed Canyon claims are aduranium company to registration to producing properties. jacent be approved by the Missouri SeUtaco last month launched an curities Commission. Continental Uranium, Inc., has granted a governmental loan of approximately $34,000 hrough the Defense Minerals Exploration Administration for deep hole drilling on one of its properties. Gerald S. Gidwitz, board chairman, made the announcement today. Drilling will start soon on Section 2 of the Big Indian'-divisiona tract of 480 acres in San Juan county, Utah. A considerable body of uranium ore was recently discovered immediately to the west of this claim, Gidwitz said. Continental Uraniums consulting geologists believe there is a good possibility d that this ore trend continues onto Continen- prop- g , co-trust- The exceptionally rich claims are located near Newman in Stanislous county, Calif., and were purchased on behalf of Twentieth Century Minerals, a company now being formed to operate gold, uranium and mercury mines in several Western states. National Purchases Diamond Ace Claims National Uranium Corp. of Utah has acuired properties, equipment housing and producing mines of iDiamond Ace Uranium valued in excess of 10 million dollars. The announcement was made by Martin Lasher, New York, president of National. National plans to initiate one of the largest programs ever undertaken on the Plateau area. Lasher said. mining-exploratio- n Drifting is going ahead on 36 claims, including Kings, Aces and Olsend aims owned by National. One of the major claims include Chief property of 45 claims. Two producing mines, located 23 miles from oMab, are continuing operations, Lasher said. Lasher said production is expected to be increased to 100 or more tons per day. Estimated ore reserves are in excess of 500,000 tons. Pueblo, Colo. 2310 Waikington Blvd. 132 Main Street SALT LAKE OGDEN CITY 523 West Sprague Ave.. SPOKANE 35 Noitk University. FR0V0 Livingston & Wi!$on Continental and its subsidiary currently operate two mines, Continental No. 1 and the Rattlesnake mine, both in San Juan county. ; penetration. New and used well drilling equipment. Everything in Supplies. Advise your needs. Send for Bulletins S. W, Pressy & Son Loau Mado on Lilted Mining Securities $45,000. Rafael swell area of Garfield and Emery counties in Utah, to test the validity of several guides to uranium ore in the shinarump conglomerate. The Grand Junction operations office of - the Atomic Energy Commission, which issued the invitations, said this is a part of the commissions program of investigative drilling to increase the knowledge of uranium source materials in this country. Bids on the Utah drilling project will be publicly opened at the Grand Junction office at 3 p.m. June 27. Accompanying the invitation to bid, which has been mailed to a list of qualified drilling contractors, were the specifications for drilling, bid am schedule unit prices, and bid bond forms. Others Interested may obtain the bid forms and specifications and information concerning the areas to be drilled from the Exploration Division of the Gram Junction Operations Office. A bid bond on U.S. Standard Form No. 24, or a certified check made payable to the AEC, will be required with each bid in the amount of 10 per cent of the bit price for drilling the 30,400 fee as set forth in the bid and schedule of unit prices. Power drills for all depths. Hand drills for topsoil Stocks The DMEA loan was for three-fourth- s of the estimated cost of Cliffs-Sa- n CORE DRILLS FOR URANIUM In Mining drilled. Drilling Job mercury-producin- We Specialize This property is contiguous to the famous Steen mine and lies due north of it. It is expected that a series of exploratory holes ranging from 300 to 700 feet in depth will be Survey Denver Bureau DENVER Fifteen cinnabar claims with ores assaying as high Survey Denver Bureau as 2 per cent cinnabar were DENVER Invitations have announced sold this week by been issued for bids covering J. D. Woodward of Sacramento, 30,400 feet of drilling within the Hie York Stock Exchaign Lake-Spokane-N- ew tals property. Seeks Bids on Big erties were purchased by Basic Minerals Syndicate represented of by Hugh Tuttle, Salt Lake City. CO. newly-discovere- Salt Lake Firm AEC Buys 15 Cinnabar Circle & , k Calif. Manber Sail ' ated Claims in Calif. J. A. HOGLE seen . IIole-ln-the-Roc- Page Five Western Mineral Survey, Sail Lake City, Utah Sales Effected By Means of Offering Circular Only Carnotite Development Corporation Offering 13,500,000 Shares Common Stock Of this Offering: 75reserved for out of State Non-Assessab- le i Par Value The Corporation's Business is Exploration and Development of Mining Claims Properties located in favorable areas in proximity to known ore The Corporation holds 20 production of substantial quantity. claims in Rock Creek District in Red Canyon, some 1 2 miles west of Urvan, Colorado. Underwriter Western ecuritieA Cwpwation 343 South State St. Salt Lake City, Utah Mail Coupon for Free Offering Circular Today WESTERN SECURITIES CORP. 343 Soutk Stale St. Spit Lake City, Utak Please send me your Free Offering Circular on Carnotite Name i Development Corporation : Address City State. |