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Show DZ? POSTED OX ueawum, a Biss -- rp .' a A' '"'VT'ii 'L4sb '1 SEP JS n 9t etAi ! - Significants in The Oil an4 Mining 10nl4" 9i THE WESTERN MINERAL SURVEY Colb- - riD Is Utaco Gains 34 Claims In Blind River,Canada Utaco Uranium, Inc., now. owns 34 claims in the Blind River area of Canada, President D. E. Kivett of Utaco disclosed here today. Kivett said the claims adjoin properties of Algom and Consolidated Denison which have known ore bodies. An engineer now is on the Utaco property taking surface samples, making surveys, and gathering other data in preparation for a development MOAB, Utah U-KingM- oves Ahead In WhiteCanyon i . - First orma Oil Directory Has Listings For Mountain Area DENVER, Colo. Impressive growth of the oil and gas indus- try in the Rocky Mountain states and provinces is shown in the new annual Rocky 200-pag- e Mountain Oil Directory. The handy pocket-siz- book is e the 13th annual edition, compiled program. each year by the editors of the Utaco acquired the Canadian monthly Rocky Mountain Oil Reproperty through purchase of all porter, industry journal published at Denver with representaholdings of Motah Uranium Co. tives in oil centers throughout and Utah Southern Exploration-Co.- , the area. two closed corporations with headquarters in St. Louis Mo. In addition to the Blind River claims, the transaction gave Utaco 337 claims in the vicinity of Green Riyer, Utah, and Hite, Utah. Operations of Uranium King Corp. are moving ahead in full swing at the companies Cove Claims located in the White Canyon mining district, San Juan County, Utah about 70 miles Utaco also took title tor mining west of Blanding, Utah.' The company is now averaging equipment valued at about $75,-00shipments of about 400 tons of Kivett said. ore per month, running about 0.25 U308. The ore is being shipMuch development work alped to AEC buying stations at ready has been done on the Utah "White Canyon and Monticello, properties, which have two Utah. t known ore bodies. Joseph Sherman, secretary-treasure- r of Uranium King, reUtacos principal office has ports that the AEC is currently been moved to Denver (Room making a geologic survey of the A. C. Johnson Bldg.), in companies 3,000 feet of drifts in 408, an attempt to determine the lo- charge of John F. Spalding. cation of the main ore channels Spalding, formerly of Jefferson in the White Canyon district. the company in Mo., The company has purchased a City, and joined been named vice has July good deal of mining equipment prsident and administrative asand is doing their own mining sistant. operation. The main offices of Uranium A field office still is maintained located are 320 at Moab under direction of Bill in Kng Corp. Ness Bldg., Salt Lake City. Hnes, Utaco secretary-treasure. 0, Location of every one of the thousands of listings is shown for the first time in a general index, regardless of the section of the book in which the various classifications appear. Also for the firsMime, -- the' book carries a series of maps showing the location of hundreds of oil and gas fields in Wyoming and the various booming basins including the Williston, San Juan -- and basins. Denver-Julesbur- g Oil and gas companies active i nthe mountain and prairie states make up the largest section in the oil directory. Drilling contractors form the. next largest group, followed, by geophysical contractors, engineering and geological consultants, equipment and supply houses and other specialized groups. Salt Lake Hosts Minerals r. Meet The 1956 Rocky Mountain Minerals Conference will be hosted by the Utah Section of AIME at the Newhouse Hotel in Salt Lake City, September 26-2- 8. Technical sessions symposiums, field trips have been lined up for " Ay.' 7 v- ' convention-goers- . The field trips will Include visits to Calera Cobalt Refinery, Utah Oil Refinery, Western Phosphates and Vitro Uranium Mill. n minAn aray of ing men have been scheduled to speak during the- three-da- y covention sessions, and Gov. J. Bracken Lee is scheduled as guest speaker at the opening days luncheon. The ladies auxiliary has well-know- Joseph Sherman, secretary treasurer of Uranium King Corp., checks the radiation on some newly shot ore in one of the companies drifts in the Cove Claims. -- Friday,' September 7, 1956 planned several events for wives of those attending the convention, and the conference will be topped off with cocktails and an informal dinner-danc-e on the final evening. . . Rexalf Credited With Major Oil Discovery In Yorba Linda Columbus Rexall Consolidated Mines Co., a corporation listed on the Salt Lake Stock Exchange, has completed its first oil well in a series of planned drilling ventures. The well, Columbus Rexall No. was drilled to 2590 feet in the Yorba Linda field of Orange County, Calif, on a lease. Columbus Rexall is credited with having made a major field discovery. Production pay zone was discovered for 2420 feet to 2590 feet, giving a total of 170 feet of solid production zone having- 72 per cent oil saturation with high permeability and porosity. Initial production tests are from the bottom 36 feet of the zone which produced seven barrels of oil per hour for a 24 hour test, resulting in an initial daily production of 160 barrels per day. Tests were made using pump capacity of eight strokes per minute. The well was .completed Aug. 29, 1956. At an early future date it Is anticipated that the remaining .134 feet of production zone will' be perforated and placed into production. The major fault block discovery was credited to Columbus Rexall because the normal production zone in the Yorba Linda $6 Million area is reputed to be approximately 40, feet of pay in tlte better wells as compared to 179v feet in Lease Columbus Rexall No. location is Brooklyn Avenue and Approval of a request for Third St., Carlton Tract, Yorba additional borrowing Linda. Columbus Rexall acquired the authority to finance essential 40 acre lease in the Yorba Linda projects during the fiscal year field as a farm-ou- t from two ma- 1957, under the Defense Minerals jor companies, in which Columbus Exploration Administration proRexall was to drill the first well, gram, has been granted by the and on all remaining wells the Office of Defense Mobilization, two major companies agreed to Secretary of the Interior Fred A. suppply 50 per cent of the drill- Seaton announced today. ing and completion costs for 50 This brings the total of funds per cent interest in the lease. In a joint drilling veture with authorized by ODM for the proAlbercalif Petroleum Ltd., Lpng gram to $34,000,000. Beach, Calif., Columbus Rexall The Defense Minerals Exploranow owns of the lease. However, the company retained tion Administration was estaban option to reacquire a full 50 lished in November 1951. Its purper cent working interest with the pose is to encourage exploration two major companies after the for indicated or undeveloped completion of the second well, to sources of critical and strategic be drilled on the lease. The location for Columbus Rex- minerals by furnishing financial all No. 2 has been made 470 feet aid to private enterprise on a parwest of Columbus Rexall No. 1. The rig is on location and drill- ticipating basis of either 50 or ing commenced. At noon, Aug. 30, 75 percent of the costs of an apdrilling was to a depth of 840 proved exploration project, defeet. After completion of No. 2 pending upon the mineral sought. it is anticipated that Columbus Rexall will exercise its option to Th Government will share in reacquire the full 50 per .cent the allowable cost of exploration working interest. as follows: In addition to the Yorba Linda venture, Columbus Rexall owns (a) In the case of bauxite, 100 per cent in a 40 acre lease in copper, fluorspar, the Dominquez field of Los An- chromium, graphite (crucible surlead, is flake), geles County, Calif., which rounded on three sides by produc- molbdenum, zinc, and cadmium tion. 50 percent. At this time the Shell Oil Co. (b) In the case of antimony, is drilling a direct offset 405 feet from the south boundary of asbestos (chrysotile only, beryl, the Columbus Rexall ground. The cobalt, columbium, corundum, test is scheduled to drill 8500 diamonds (industrial), kyanite feet to test the 7th and 8th Callender zones. Columbus Rexall has (strategic), manganese, mercury, mica (strategic, monazite and scheduled drilling a 10,000-foo- t test on the Dominquez lease to rare earths, nickel, platinum-group- s test the 10th Callender zone. metals, quartz crystal This venture was prompted by a recent discovery in the Dominquez' area by J. K. Wadley in its selenium, talc (block steatite), Frame No. 1, which tested the tantalum, thorium, tin, tungsten, 75 percent. and uranium (Continued on page 3) 1-1- 0, 40-ac- re - DMEA Approves For Loan' 'Fund 0. $6,-000,0- 00 one-eigh- th (piezo-electric- ), rutile-brookit- e, |