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Show w Sun Uranium Plans to Upgrade Half Million Tons Autenite Ore tribes New Bookie, West In Role Of Postwar Steel Industries and more by the Wests own outSan Francisco, Calif., Nov. 23 In a move to help attract new put, and a high degree of self-sufficien- cy has already been atindustries to the western states tained. economic and to promote general progress here, Columbia-Genev- a U. S. Steels investment of Division of United States Steel hundreds of millions of dollars has just published a new booklet in modem facilities and Columentitled,-STEEFOR WESTERN bia.Genevas position as the largINDUSTRY. It is being widely est supplier of steel in the 11 distributed in response to re- western states are pointed out, quests from Chamber of Com- and a ' comprehensive digest of merce and other business .asthe Divisions products and sersociations for information about is with pictorial, vices the unabated postwar industrial treatment.presented growth in the West and manufacA review of western market turing opportunities that abound here. growth in the booklet says that, Primarily, the publication is Among the many Indicators of directed to industries that manu- western opportunity, probably facture steel products. It says, in the most significant for metal.part: working industries is the fact that g industries about 2,500,000 tons of products To the of America, the West spells op. employing steel in their manufacportunity in terms that are solid- ture still are being shipped into ly based on two primary essen- the western states each year from tials of a manufacturing enter- the East and Midwest more materials and markets." than 1,500,000 tons of motor prise It points out that in little more vehicles and parts; 200,000 tons than decade, the West has of machinery and parts; 100,000 come to offer both of these re- tons of agricultural equipment; on an abundant 250,000 tons of various other, proquirements that because 'of this, ducts. and scale," of steel products manufacturers It Is reasonable assumption have been increasing rapidly in with an adequate supply of that, number and importance here. now available, plus freight steel Hand in hand with the great differentials and other savings, industrial and population growth more of these products could be that has been taking place in the West, its steel production has manufactured in the West, and at risen to the level of a major a satisfactory profit. industry, it states. A former Various instances could be dependence upon steel from other cited, but a typical one is that of areas is being supplanted more motor vehicle parts for assembly and plants replacements. The West annually imports 1,000,000 tons of parts and fabricates in its Merger Predicted own area only 30,000 to 40,000 L steel-usin- For North Standard And San Fernando North Standard, a thirty-eigh- tons. t lead and sine mining company of Salt Lake City, is completing plans to merge with San Fernando Valley Uranium of Moab, Utah. North Standard will be the successor corporation, according to a wire re- Plateau, including the Uravan, Moab and Paradox mining dis- tricts. John II. Manson, North Stan-ard- s president, said that he feels certain that the merger will be consummated at the annual stock holders meeting on December 21. Richard D. Sherman, president of San Fernando Valley, and George J. Sullivan, executive are proceeding with plans to acquire uranium rights on two Indian reservations on the Colorado Plateau. However, they are holding exact location information con. fidential at present. vice-presiden- t, More Leaching Plants Forecast To Treat Uranium Ores A new trend in ore treament T reafedOreValueMay Run $40 to $50 per ton m' ModernllpgradingWouldTransform Autenite into Commercial Body Sun Uranium Mining Company has uncovered an estimated is apparent daily as necessity 500,000 tons of autenite, (low grade uranium ore) on its claims arises for sulphuric acid treatment of uranium. Predictions are in the Baggs area, four miles north of Dixon, Wyoming, it was freely offered in mining circles disclosed by Harry Metos, President of Sun, who said that ore lies that leeching plants will arise in the gravel conglommerate, one foot below the surface and is near the Plateau area. Iron py- easily handled. The ore which assays at .OS and better is to be rites, heretofore regarded worthon the basis of present plans, to a point where it will less, may be profitably utilized upgraded, bring an estimated $40 to $50 per ton. Mr. Metos said Sun has' for sulphuric acid production. 41 claims in the Baggs area. Other claims are to be added. The Utah mining area has an Negotiations are in progress abundance of iron pyrites. Their he said, with parties who own modern facilities for upgradprofitable use could forecast re- an upgrading process, for ining ore available, the autenite vival of mining activities on an stallation of a concentrating is expected to be transformed into a commercial ore body. expanding basis. plant on the property. With In a letter to stockholders of Mining authorities now predict Sun, President Metos reported one mining element will suppleFull Seeks Lavender the company has drilled three ment other metal elements, and holes on 12 of its claims, 28 miles -iron pyrites may be utilized as Production As New north of Dixon, Wyoming. Probe a base for sulphuric acid needed Takes Over readings he said show a body of in beneficiation of uranium ores. Engineer .2 ore. which is 51 feet thick. He The . next step in uranium is Niles of Andrus, Appointment reported the claims are at an elemilling, whereby vast quantities to full take of approximately 8,000 vation of what is now termed low grade mining engineer, 1 of on December mining feet. No work can be done on ore will become commercial and charge of Uranium Lavender these claims until Spring, the reprofitable. It is estimated by min- operations was announced ..today port stated. ...... , ing meirthat Kennecott- - throws Company, E. President Birdwell, George by Sun has put three holes down away an estimated 20 tons of iron of Lavender. in Lisbon Valley, the deepest to pyrites a day. With a supervising mining en- 195 feet. Each of the holes has Rico Argentine Companys an- gineer on the job, President Brid. shown' mineralization to the exnouncement of plans to erect a well said the company will go tent 'of .19 per cent. Geologists sulphuric acid plant is a first into full production as soon as have recommended the holes be move. Others will follow. possible and exploration work driven to a depth at least 400 will be diligently pursued. feet to reach richer ore beds. Andrus has resigned as engineIt is pointed out in the stocker at the Lark mine, a position holders report that the governhe has held since December 1952, ment Cons-Virgin- ia completed 34 holes recently to go with Lavender. Prior to in a school section of Sun pro1952 he was smelter foreman and perty, in the Cottonwood area, mining engineer for a mining cor- south of Blanding. Results of the poration in Coquipec, Guatemala, 1949-195BD (Continued on Page 2) -- ... Names Orley To of Nev Mine Sparked by energetic George A great deal more general Condata of this nature, as well as Orley, Detroit financier, specific facts and suggestions solidated Virginia Mining Compconcerning particular types of any has obtained 110 Uranium enterprises, will be furnished by mining claims in the Moab-Gree- n Columbia-Genevto industrialists River area and is soon to a begin interested in a possible move to a drilling program. Orley has the West." been named a director. year-ol- d lease of Tuesday, Nov. 30. North Standards stock listing on the Salt Lake City Exchange has been continously maintained from 1917 to the present time. San Fernando Valley Uranium holds over two thousand acres of uranium mining property on the Colorado IRON PYRITES MAY BE USED FOR SULPHURIC ACID 0. Utahns Have Stake in $400,000 Alt Supply - Power Consolidated has also acquired of claims in Monument Ray Drilling Announces a group which will be drilled. Valley Contract Work For Braithwaite & Caldwell, of OklaUtahs share of the cost in the $107 million AEC Power Uranium Development homa will do the drilling. B. E. Supply controversy, currently raging in Washington, is calculated Andrew Wiegand, President, Grant, geogolist, will direct the to be between $400,000 and $450,000. The battle centers around the question of whether a project to supply electrical energy used Ray Drilling Company, Inc., has overall program. announced that his company will Possibility of opening the Corn-stoc- k by the Atomic Energy Commission should be financed by private hereafter contract for all servLode mine is to be apprais- enterprise or at Government expense. ices associated with the exploraPresent generating capacity of the TVA is insufficient to meet tion and development of uranium ed by directors of Consolidated, properties. Prior to this time Ray hie Big Bonanza mine in Nev- power needs in the area, and at the same time supply the growing needs of the Atomic Energy Commission. has confined its activities to ada, is owned by Consolidated. seismograph shot hole drillinj : Under the terms of the administration proposal, the MisMr. Orley owner of the successand the evaluation drilling o: uranium properties. Mr. Wiegand ful Orley freezers and refriger- sissippi Valley Generating Company, a private utility firm, (Dixon-Yatewould construct a $107 million generating plant states that experience in the ators enterprises, manufacturing at private expense and supply 600,000 kilowatts of power for a uranium field has shown that electroalso an has in Detroit, twenty-fiv- e many property owners are not year period. This power would be fed into the Tensubequipped to properly explore plating business. He obtains nessee Valley Authority system in order to replace a like amount and develope their properties and stantial business from the CadiL of TVA power used by the Atomic Energy Commission. that there is a need for an in- lac Motor Car Company. Orley The U. S. Director of the Budget has described the plan as tegrated service to contract for is expected to demonstrate his follows: all services involved in such an mh:. Conbusiness restoring genuis The proposal contemplates that the Atomic Energy Com- operation. The contract for the instigation solidated Virginia to its former (Continued on Page 2) (Continued on Page 2) prestige. s) |