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Show Mining Lites Eli Wyoming. MINES told shareholders that " a comparatively small amount of diamond drilling (1600 feet) into walls of the drilling of 60 holes to depths of 70 to 200 feet are planned. Operations are set to start within 10 days. The management said the company had spent five months m exploring the possibilities of mining and that the property offered an excellent possibility of a continuous production. me idential approval of a tariff commission recommendation made tin May for a 50 percent increase in inc and lead import duties. The President was reported as appreciating the industrys problems and as deterimined to do something about it The Administration was reported working on a solution which would be equitable for both foreign and Monthly Report No. 156 Domestic mine production of recoverable lead in May was 25,-300 tons or 6 percent below the April output, according to the Bureau of Mines, United States Department of the Interior. Cumulative production for the was period, January-Ma- y 134,300 tons or 4 percent below the average annual rate in 1953. Output from mines in States east of the Mississippi River totaled 738 tons or about 3 percent of the National output, essentially the same as in April. A decline of 45 percent in the lead output from the fluorspar-zinc-ledistrict of Southern Illinois and Western Kentucky was largely offset by slight gains in Virginia, Wisconsin and New 3000 level tunnel driven' through first . domestic producers. RUMORS that Western Silver-Lea- d was going into the Utah te uranium field were subsnattiated with announcement that the Wallace company had acquired a in a lease on the Juanita group of eight claims in the Yellow Cat district, Grand County, Utah. Sufficient ore for a limited operation was reported to be in sight in an outcrop but . D, half-inter- est COUNTERS $29.50 to $139.50 Precision Detectron Nuclear Fisher SCINTILLATORS Victoreen & Precision MINERAL LIGHTS Geiger Counters & Scintillators Repaired & Serviced Six-mon- ths GRAND JEWELRY 220 South State Copper Rlining Lead Mine Production A complete and exclusive reMining Merger ground by Polaris en- port on Anaconda Copper Yerlng-ton $34,837,360 Company's courages more exploration and operation at Weed Heights, that much additional work is con- Nevada is the special feature of templated in the next several the July issue at MINING ura-niuWORLD, national mining magmonths. azine published in San FranTHE LONG POLARIS BORE cisco, California. ad was advanced 347 feet during new the Yerington, June to a point about 1200 feet United States copper mine to be within the AMERICAN SILVER-SILVE- R brought into production follow-i- n ComDEAL SQUARE Mining STANDARD area and is the outbreak of the Korean headmakes an which also its ore shoot War and completely financed by York. anticipated pany, nearing in will a raise driven be which ascompany funds, has brought the Mine output of lead from the quarters in Wallace, Idaho, is sociated with Western Silver-Lea- d to the Coeur dAlene Mines 2800 achievement of many mining West Central States of Missouri, level. and metallurgical firsts. Kansas and Oklahoma declined on an equal basis in the 7 percent toi 11,000 tons, owing to BUNKER HILL is preparing to Eleven thousand tons of oxide deal, Square Deal is an affiliate a decrease in the total ore treatof Golconda Lead Mines, a lead-i- nc start lateral exploration from the copper ore per day are mined ed ini the mills of the Southeasbottom of its newly deepened and leached at Yerington from producer east of Wallace. Its Crescent mine shaft west of the which 2,500 tons of copper is tern Missouri lead district. Lead production from Oklahoma and Idaho holdings adjoin the Gol- Sunshine mine. recovered monthly. Kansas flowed moderate gains ' conda mine and are being develProduct new is the of plant as more lead, was recovered at MORE LIBERAL tax deducoped by Golconda on a profit-sharin- g is which shipcopper precipitate, the Eagle-Piche- r Companys Tri-Stabasis. Golconda also has tions for zinc, lead, tungsten, co- ped to Anacondas smelter and Central Mill. minerals were a large stock of interest in Square balt and otherhouse-senaat Anaconda, Montana. refinery te The combined western states cona to by agreed Deal. Waste stripping at the mine was produced 13,600 tons of recovference committee considering started in June 1952. By the first erable lead in May, or 700 tons CALEDONIA SILVER-LEAthe Administrations gig tax re- of November 1953, when the less than in April. one of the six Kellog mining vision program. Depletion allowPrincipal i leaching plant opened, 18,000,-00- 0 losses were In Utah (700 tons) firms associated in testing of the ances would be upped to 23 pertons of waste had been re- and Idaho (200 tons), while chief Hot Rock and Randon uranium cent from the present 15 percent. moved and tons of 1,700,000 plus were In Mem tana (100 tons) reto 'gains SUNSHINE benefit 0.60 stands prospects in southern Utah, cent ore had per copper and (100 tons). Gains Washington ported that drilling results to date from a new government program stockpiled for processing. or In other States of losses the endomesto purchase newly mined have been exceptionally The scientific and technical the group involved minor couraging. The properties have tic antimony for thenational achievements at Yerington are every ihance of becoming out- stockpile. presented in detailed articles standing uranium producers, the ZINC STOCKS declined more with charts, diagrams and photo- acid plant at Yerington is the management reported. Results of 8500 tons in June. G. S. A. is graphs, which were prepared by first use of this low grade ore the first five pilot holes are exback in the market to buy LEAD the team of Mining World edi- on a commercial scale as the pected to be released soon. and ZINC. They bought 8000 tons tors who visited the operation. source of sulphur, for sulphuric acid production. LOOKOUT MT, another Kel- of lead and 12.QQ0 tons of zinc fh They include: roThe first exclusive use of The elimination of the need for period and believe a log company, also gave stockhold- June-Ju- ly a blast an hole in separate slime leaching plant tary drilling amount The be will similar ers an optimistic report. purchasmeans of aggloderation of mine. open er by copper delivAugust-Septembpit porphyry crosscut being driven ed for deep-lev- el to coarser particles before fines and of Development 1200-foot operation level of the ery. from the mine Leviathan (the in leaching. Alpine Sunset Mines shaft in the Ooeur Sunshine: pro- County, the first California, Dry feeding of Fiuo Solids re dAlenes may cut the Lookout low-gra- de vs. 126,205 duction 133,481 actors 30 to tons, scale from the top and the first (25 large revein within a few rounds, the ' tons last successful elemental bottom discharge of year. cent) per sulphur port said. The face was said to be The mine calcine. United States. in the in an attractive bleached shear one. The report also hinted of ad GEIGER (Anaconda Report Notes Firsts In MERGER . PRICES drifted generally lower at the Spokane Stock Exchange in the absence of any positive stand by the president on higher inc-letariffs as the July 20th deadline drew near. Outstanding exceptions to the trend were and WashWestern Silver-Lea- d ington Water Power. Both reached new all-tihighs. WESTERN congressmen applied the pressure to obtain pres- JULY 23, 1954 The Western Mineral Survey, Salt Lake City, Utah' good results of sampling and exploration at the firms Wasatch uranium prospect in southern PAGE FOUR Salt Lake City UNLISTED URANIUM JULIUS MAIER CO. What Stocks . INVESTMENTS Tel. DElaware Stocks Resources Natural Specialists in BOwling Green ing manufacturers. 15 EXCHANGE PLACE Jersey City 2. 58 J. A. HOGLE & M. J. With headquarters at Washington, D. C., the American Mining Congress serves as minings spokesman on a wide range of matters involving legislation and government policies. It marshals the combined strength of all sectionsof the industry throughout die country in opposing unwise and harmful proposals, and in advocating measures which will further the sound development of our mineral resources and the maintenance of a strong and. healthy mining industry. It serves as a clearing house for mining in the Nations Capital, keeping the industry informed as to matters pending in Congress and in the numerous Government agencies, and working for constructive action which will adequately recognize mining s 66 CO. m Member Salt York Stock Exchanges Lake-Spokane-N- ew We Specialize In Mining Stocks Loans Made on Listed Mining Securities 2380 Washington Blvd. 132 Main St. tv vain! pitv 523 Weil Spugae An.. SPOKANE OGDEN 35 North Uainisttr. PHOTO special problems. LOOKING FOR STOCKS? We Have: - COMPLETE STOCK INFORMATION LATEST QUOTATIONS ON REQUEST COMPLETE BROKERAGE SERVICE Cromer Brokerage Co. Member Salt Lake Stock Exchange Salt Lake Stock Exchange Bldg. Suite No. Exchange Place i' Salt Lake City, Utah Report on Apache Uranium will . 439 MEMBEBS SAIT LAKE STOCK EXCHANGE The American Mining Congress Founded in 1898,, the American Mining Congress is the one national organization representing all branches of the mining industry metals, nonmetgllic minerals, coal, and min- Member National Association of Securities Dealers, Inc. 52 BROADWAY New York 4, N. Y. Is be mailed upon request Phene Teletype SU 180 17 The American Mining Congress coordinates die. efforts of metal and mineral producers and mining manufacturers in stimulating progress in mining practices and equipment. For over thirty years it has vigorously promoted mechanization and the modernization of all phases of mine operation . . . the development of new and improved equipment to achieve greater efidency and safety, increased output per man, better recovery and a higher quality product. Its various technical committees comprising both operators and manufacturers of broad experience, its publications, and its Conventions and Expositions in both the coal and the metal and nonmetallic mining fields have led the way in this drive. Through the American Mining Congress the thinking and efforts of all branches of mining are correlated for the advancement of the entire industry. This year the Congress is scheduled for September 20 to 24 in San Frandsco, Calif. |