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Show June 24. 1955 Page Three The Western Mineral Survey, lane 24, 1955 Land Is Middle WIDE ORE VEIN Spot9 Homestead Location, Plans Told Homestead Uranium Corp., has have produced high grade U308 started extensive exploratory ore in the past few months, he work on their Rattlesnake claims continued. The Continental strike in southern Utah, according to is reportedly 32 feet thick. Fred Moore, president. Directly adjoining Homestead Ther claims, Mr. Moore reports, is the Old Texas Mining Co. who which are adjacent to Continental also recently reported a strike Uranium Co. were purchased of high grade U308 ore. from Old Texas Mining Co., DalHomestead property is located a sum to Texas las, forj reported advantageously, Mr. Moore statbe $4,000,000. ed, as several companies must Homestead officials are opti- cross their property to reach othmistic concerning potential of the er claim sites. In the past few land, Mr. Moore said. Adjacent months Old Texas has invested properties owned by Continental several thousands of dollars in building roadways. Prior to the uranium move. Homestead claims were the site of a vanadium mine. The claims are situated along the Lisbon fault, Moore added. The other properties owned by the Salt Lake City company in Foresight Pays For Navajos; Mill Opened S. L. Mines Bureau An audience of nearly 4,000 including Navajo Indians, a U. S. senator and top officials of Kerr-McGe-e Co., witnessed the dedication of a new 3 million dollar Seeks Wide Metal Research uranium processing mine this week in New Mexico. Dedication of the mill marks e into the entry of the uranium field. It also shows marked progress for the newly opened Indian lands in New Promise of an increased program in metallurgical research by the Salt Lake City division was told this week by a Bureau Kerr-McGe- of Mines spokesman. The new expansion would involve only a few new jobs at first but could mean more in the future, the spokesman said. Transfer of at least part of the manganese experiment program from Boulder City, Nev., is under consideration. . J. Bruce Clemmer, director of the Utah office, is in Washington meeting with bureau officials about the proposed shift of activities. Purpose of the shift is to concentrate more on laboratory research and experimentation work in the future. e for appreciated showing them that they have, uranium potent in power be- Mexico. Senator Robert S. Kerr, company head, and top company officials flew to Shiprock, N.M. for the opening. Kerr noted the plant was a symbol of the connection between the original Americans and an even greater America of tomorrow. The mill is located on tribal lands. Numerous Navajos are employed. Sheldon P. Wimpfen, regional director of the Atomic Energy Commisison in Grand Junction, Colo., told the Indians they had used foresight in their decision to let tribal lands be developed The tribal representative, Paul Jones, answered that his people yond description. Kerr-McGe- J. A. HOGLE Member Salt We Specialize In 2380 Washington Blvd. OGDEN 523 West Sprague Ave., SPOKANE 35 North University. PROVO LUCKY LAKE URANIUM, INC. A UTAH CORPORATION The Corporation is preparing to start a drilling program on its properties in exploration for uranium ores. The Corporation holds 134 unpatented lode mining claims in Mesa County, Colorado. Offering 8,000,000 shares of Lucky Lake Uranium, Inc., nonassessable common stock at 2c per share. Offering Circulars Are Obtainable from s; Mayday Goes From 7 to 12 In Few Hours Sparked by an avalanche of new buying orders from New York, Florida and California cities, Mayday Uranium Co. stock resumed the upward march Friday with a spectacular advance from an early morning quotation of 7 cents to a noon price quote of 12 cents a share. Sources close to activities of Mayday informed the SURVEY that buying orders approximately $750,000, at the market are expected to arrive Monday from large metropolitan centers of the east and the Pacific Coast. Mayday officials said a stockholders meeting is to be called as soon as the law permits. It is expected a resolution will be offered for a vote that would permit the directors of Mayday to exercise an option to purchase all of the outstanding stock of the company at 50 cents a share. The sudden surge of new outside buying in Mayday caught the large short interest off balance, the assumption having prevailed that the dtock could be depressed further. rently with the Kansas r, -- r f - z .vvV W&&SSF-S-. JM (Jack) Burgess, president of Atlas Uranium Corp., shows ore vein on Pinch group claims of width of uranium-vanadiuParamount Uranium Corp., now being opened up for mining. The Pinch group is on Harts Rim northwest of Monticello, Utah, in an area which produced much vanadium in the years before uranium had commercial value. Burgess, field consultant for Paramount, is in direct charge of the Finch group development. A merger through which Atlas would take over Paramount is under consideration by officials of the two companies. J. C. m .M- - , THBRWV THOUSANDS OF OTHERWISE LITERATE MOTDRISB lOSB PUZZLED Bf THB ROAD BE NEVER YOU'LL MARS ROAD READ THE LEGEND- THESE IMPORTANT 5fl8(X& WUl MAP RIDDLE IF YOU UNDERSTAND THE D YOUR NEXT HOLIDAY WEEK-ENON MAP HELP yOU FjFAP VOUR ROAD bIcaU ywB City Ath- letics, now is a stockholder in Utaco Uranium, Inc. of Moab, SSssSS? Utah. Slaughter was presented 500 shares of Utaco stock by D. E. Kivett, Utaco vice president, following a Kansas City Kiwanis club meeting at which Slaughter spoke and Kivett was a guest. Kivett, a native of Missouri who now lives in Salt Lake City, e also offered gifts of Utaco stock for the first two home runs hit by an Athletics player in the Kansas City bali park this season. Utaco stock is now being sold in Missouri by Eldon R. Bell Co. George J. Burck of Moab is president of Utaco. . && 1 Circular relative to Sggr DEAS0N isgsr HA ' eeWWSWW$MBUBWW- 1898 THE PLACE TO GO DEPENDABLE GUARANTEED AND Phone j RECONDITIONED NICHOLS MINING MACHINERY SEND FOR CATALOG State to 500-shar- 160 South West Temple - sj; 'Q- - ters Assay and Chemist Name Address 'City w a,, U-Hun- I 1 ; SINCE Salt Lake City, Utah Phone of the Offering -- 'r COUPON 'Please send me a copy tacky Lake Uraninm. Inc. ft r. i MELVIN G. FLEGAL & CO. 26 West Broadway P. 0. Box 96 I KANSAS CITY, Mo. Enos curof baseball fame, Slaughter Loans Made on Listed Mining Securities SALT LAKE CITY vice-president- Join Mining Stocks 132 Main Sheet 12 Baseball Stars & CO. York Stock Exchanges Lake-Spokane-N- ew -- claims located on the San Rafael Swell and 16 claims ocated northeast of Jensen, Utah. Mining operations started on San Rafael this week. Homestead workers plan to work the Jensen claims in the near future. Officers of the company in--1 elude, Mr. Moore, president; frank Moss, Genevieve Ensign, David Moore, Gordon Hyde, secretary-treasureChief geologist is Cliff Goldsmith of Dallas, Texas and assistant William Hommel, Denver. clude 511-- W MORSE BROS. MACHINERY COMPANY 62 2900 BRIGHTON BLVD., DENVER. HI 4-5- - |