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Show December 30, 195S Page Tkree The Western Mineral Survey, Salt Lake City, Utah Aided by Private Firms 'V- Uses of Zirconium Explored By Govt, - A kr -- r'' , t. , .: ..' - .', '' ' I , t ,v v , ?. , , ..." . v v v x, " ' S ; ' 'K'"- - , ' ; Jl tv t "i (. , ' ''iV; ., f 'A t Jt r V L m n, MORE THAN A CAMP GROUND Is this spread owned by the Indian. Queen mining: company. It is located near Nelson, British Columbia, Canada, and has nine buildings. The camp Is an operations base for activities covering a wide diversity of claims controlled by Indian Queen. Indian Queen Moves Into Canadian Gold Districts . metallurgist who fled his homeland to escape the Nazis, a Federal agency dedicated to development of United States' mineral resources, and 10 years of intensive research and experimentation are part of the story behind the commercial debut of zirconium, the metal with die bright atomic future. Zirconium has several proper ties that make it a desirable construction material1 in the field performed in a vacuum. Both of nuclear energy. Almost as are temperamental and will burst strong as steel, but lighter, it has nto flame during certain stages high corrosion resistance and an of production unless handled extremely high melting point of carefully. Since the magnesium titan-ur3,350 F. (Most grades of steel method had worked with the Bureau began trying, melt below 2,800 F.) with Dr. Kroll as a consultant, Because It does not absorb and to adapt it to zirconium. thus waste neutrons needed to By the time the AEC became sustain a chain reaction, it is used interested in zirconium as a conatomic ovens. These in building struction material in 1948 and properties also made zirconium a contacted the Bureaus Albany vital material in the powerplant a it found laboratory, pilot plant of the first atomic submarine, capable of producing about 3,000 the Nautilus. pounds of sponge metal a year Until last year, the Bureau already operating. of Mines, an agency of the Later, in cooperation with the of the Interior, was the AEC principal supplier of zirconium and and the Bureau of Ships under the leadership of Caprequired by the Atomic Energy now Admiral, H. G. tain, Commission and the Navy Departequipment at Albany was ments Bureau of Ships. The to the point where more enlarged process used to make the metal than 280,000 pounds of zirconium was developed in Bureau of was produced in a single Mines laboratories by Dr. Wil- sponge . liam J. Kroll, a metallurgist who year had escaped his native LuxemBesides adapting the Kroll bourg before the Nazi invasion. process for volume output of Now the Bureau has handed zirconium sponge. Bureau metalthe production job over to pri- lurgists developed a consumable-electrod-e process vate industry and is working on which avoids contamination in research aimed at incflfeasing the into the melting sponge zirconiums usefulness. usable form of Ingots. Commercial production of zirIn addition, after AEC reconium climaxed a decade of researchers paved the way, the search and development begun Bureau hafnium began early in 1945 at the Bureaus a metal thatproducing occurs zirwith Northwest Electro development conium must and be removed Laboratory in Albany, Oreg. before the latter is suitable for When metallurgists there started atomic-energuses. The AEC looking for a way to produce the soon discovered important uses metal in volume it was little for hafnium also. more than a laboratory curiosity, made in small quantities by a Private industry began proslow and costly iodine process. ducing zirconium and hafnium Few people had ever heard of it with the Kroll process in 1953 and fewer still had seen it. foreign-bo- De-parme- nt Indian Queen Consolidated Mining Co. has recently acquired 200 acres of valuable gold, silver, lead and zinc properties in the Nelson mining region of British Columbia, Canada. The company also has options to purchase 980 additional acres. Gerald B. Higgs, of Salt Lake City, Indian Queen president initiated acquisition of the Canadian properties. He is also spark ing a proposed reorganization of the companys capital structure, which contemplates reducing the present 2,614,940 outstanding shares to 261,494 shares, through an exchange of 10 shares of the present stock for one share of new. Under terms of the reorganiza tion Indian Queen is committed dormant since the Knight into give $150,000 worth of new terests ceased to be active and stock to the holders of the options. When the new issue is t is the intention of the present marketed at $1 a share, it will Indian Queen management to remean only 150,000 shares of activate the corporation and distock to the option holders. versify its property holdings. ' President Higgs reported he The Nelson mining region is received overtimes from sevhas with important honeycombed eral interests who have displayed claims owned and operated by an interest in leasing some of the producers who have enjoyed on a royalty basis. long-timcontinuous production. properties Canadian The new Canadian properties engineers reports includes nine groups of mining show there is 27,000 tons of ore claims, including 150 acres near blocked out from tunneling on The modified Kroll process, the city. of Nelson, known as the one of the Canadian properties, He declared. added that Higgs A Canada in claims. claim Perrier originally developed for making is this ore 2.0 at ouces strong, lightweight titanium assayed is a camp site complete acre claim in the United States. gold per ton; 4.3 ounces silver, metal, seemed to offer the most 5.7 pert cent lead, 5.6 per cent promise as a zirconium producIn the center of the properties zinc and .7 per cent copper. tion method. In this process, is a 50 acre camp site complete molten magnesium is used to Higgs told the Survey he is twin the metal from its comwith nine buildings which can be used as a base of operations leaving Tuesday Jan. 3 with two pounds. for all of the groups of claims, officials of a large mining comTitanium and zirconium are all strategically located within pany in Salt Lake City, who 200 similar the in many ways. Both contemplate base. of leasing the reasonable distance acres that Indian Queen owns absorb impurities from air, so Some claims are Crown Grant- outright. extracting and melting must be ed, which means they are patented, while a few are locations. The new stock issue will have a par value of 10 cents the same as the original capital stock. SERVICE A report on the Canadian property shows a suggested expendiJess Tucker, Manager ture of $300,000, which Indian Queen officials hope to raise from Complete Automotive Repairs, Automatic the new stock offering to be made later. Transmissions, Carburetors, Ignition Work r- - , e, Rick-ove- r, arc-meltin- y is the objective of the man- agement to keep the outstanding stock at the lowest possible level and maintain a substantial reserve of treasury stock for all foreseeable future requirements thus maintaining the present capital structure of the Company for an indefinite period. This procedure aims to emphasize the advantages of a small, compact organization. The jective is diversification. ob- In addition, Indian Queen also Juts a uranium property near Moab and 742 acres of patented mineral gifcrand in Beaver county, Utah, located originally by the late Jesse Knight. The property has been rather 1 East 3th South 1 Phone HU 4-79- 61 Intermountain Stamp Works CLYDE AND KARL PARKIER, How To Hold Stockholders Juneau Uranium Corpora- tion stockholders know how to combine business with pleasure. They are holding a special meeting Jan. 1 in the Penn Hotel, Whittier, Calif. Major Item of business is to vote approval on a merger between Juneau Uranium Corp., a Nevada corporation, and Great Northern Uranium and Oil, a Delaware corpora- tion. Reason for California site: Immediately following the meeting all stockholders will adjourn to the famous Rose Bowl football game. SINCLAIR PRODUCTS GAS OILS EXPERT LUBRICATION TIRES BATTERIES ACCESSORIES Courteous Friendly Service COMPLETE AUTOMOTIVE SERVICE Dean & Bill Richardson, Lessees 980 WEST NORTH TEMPLE (Across from Fairgrounds) BEST WISHES FORA HAPPY AND PROSPEROUS NEW YEAR FROM J. TRACEY WOOTTON AND MEMBERS OF THE BOARD BIG PINEY OIL & URANIUM CO. Owners BRONZE MEMORIALS RUBBER STAMPS MACHINE ENGRAVED PLATES 242 EAST 2ND SOUTH believes. FOR THE FINEST IN ALL WORK GUARANTEED 2 learning more about zirconiums properties, develop better melting and casting methods. As progress is made, a liberal exchange of information between the Bureau and industry will insure that new developments are quickly put into practice, the Department Richardson Bros. Sinclair Service TUCKER'S AUTO It g and, with asistance from Bureau experts, increased its capacity for both metals so rapidly that by last May the Bureau was able to put its own production plant in standby condition and concentrate on specific problems which so far have limited the use of these metals and their alloys. When the Bureau began producing zirconium, iodide-proces- s metal sold at $70 a pound. There is still a market for this product at this price because it is quite pure and can be used for highly specialized jobs in electronics and surgery. However, for defense zirconium needs, Knoll-proces- s is perfectly acceptable, and reactor-grade sponge metal sells for only about $14 a pound. The Bureau hopes to improve production techniques further by PHONE El M004 306 Phillips Petroleum Building SALT LAKE CITY Phone EM 4-75- 22 or HU 5-22- 48 |