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Show WESTERN MINERAL INTEREST SOARS . ClreuUttoo Newt AJrcrUalng Ckntfe iMrt PhOM U ftdt Uki City, Utah Entered m eecood diet milter it Bill Lika City, Ctik, under Act of Much X 1171. SubecripUan ntee; SS.OO for tvo yeuo; 3X0 tor one you. Pleue mention Wee tern Mineral Surrey when writing to adrartlMtu. idnr tleiny ntea on application. Ilarrj h. M. HILL DENVER Newe Licensed For Uranium Boom Seen For Thorium Standard Ore & Alloys Corp. of New York announces t has been appointed as a United States licensee with the right to under the uranium and precipitation proleaching Survey Denver Bureau DENVER Thorium has Publisher jumped into the mining news Editor and a genuine boom is foreseen Factor Edltw for the grey metal. A dr. huiftt B Miller GAIL FELTCII O. D. QUINLAN FRANCIS JENKINS Standard Time Machine SURVEY 4X1 Jane 10f 1935 The Western Mineral Survey, Salt Lake City. Utah Page Two OnMbitlei Editor BUREAU Adrertlalag ItS Elttndge BMg. . Clrenlatlan Colo. Donvw, Bureau Chief NORMAN LEVINE For the newe of moat almlflcance In the mlnlny and oil world. All newe appearinr In the Weetam Mineral Survey la obtained from aouroea believed to be reliable bat no reopout-bllltla r for accuracy of y sub-licens- e, cesses. Interest in thorium was first aroused by the announcement of the construction of a thorium mill for Gunnison county, Colo, by Thorium Corporation of America in cooperation with Colonial Uranium. Following this It is controlled by Canadian Patents and Development Ltd., a Crown corporation owned by the Canadian government. The announcement was made by Howard Steven Strouth, Chief of the Mining Division of Standard Ore & Alloys Corp. announcement, came word of the sale of 34 thorium claims near to Wyoming SulReprodnctloa of any malarial from Dillon, Mont., thla pnbllcaUon mnat have written phur Co. by Rela Welborn and permission from the pnbUabw. James Selway for more than a quarter million dollars. etat-ment- i. Interest in thorium got another boost when Babcock and Wilcox, large Eastern boiler manufacturers, said they had obtained a contract from the A Reader Says... Atomic Energy Commission early last March to build a thorium powered atomic reactor. Editor: I am a subscriber to your paper and want to thank you for The magazine, Business Week, your editorial on brokers holdfuel to the fire with an added certifiing back on our stock Thorium: article cates. Atomic Dark Horse in the issue It really is a shame the way of April 9. The article stated the brokers make us pay for the that thorium may well become stocks in four days, and then a major atomic fuel and that it make us wait months for our had a great future for use in al- - entitled: certificates. This practice away from stocks. us is driving investing in U I have written to brokers many times and complained about not getting my certificates, but never get an answer. I even had trouble getting receipts for payments on stocks. I know others that are having vthe same trouble as I am. t Many of us are going to sell the stocks we have and stay away from all "IT stocks in the future. Why doesnt the Securities Commission do some checking on this deplorable situation. I suggest that you put your future editorials on the subject on your front page so no one will miss them. I have waited over 6 weeks for many of the certificates on some U stocks which I bought from one of your local brokers. Keep up this fight for the small investor. Maybe the Sec. Commission will give us some help some day. Richard Dramburg, Los Angeles, Calif. Wet Mountain Piles Up Thorium Survey Denver Bureau CANON CITY, COLO. E. W. Ohlson, president of Wet Mountain Mining, Inc., announced today that 15 tons of high grade thorium ores, suitable for immediate shipment, have been stockpiled on the companys and Mann Tuttle, Hastings leases. A contract is being negotiated with the Lindsay Chemical Co. to take five tons of 10 per cent thorium concentrate per day from Wet Mountains holdings. The Wet Mountain leases were surrecently part of a two-yevey by the U. S. Geological Surar vey in cooperation with the AEC. Copies of the report are on file with the U.S.G.S. public information division, room 468, New Customs House, Denver. The magazine article also made reference to Consolidated Edisons announcement that it will use both thorium and uranium in its proposed atomic power plant at Indian Point, New York. James R. Quinn, writing in the Denver Post, stated: For some time, it has been no secret that would undergo fission. During this time the AEC has consistthe fact to ently if thorium, properly treated, from setting off a thorium keep d boom. Further impetus to the impending boom in thorium came with the publication of the Atomic Energy Commission chairmans letter to Governor Johnson of Colorado confirming the governments continuing interest in developing thorium deposits and arranging production contracts with the AEC and private firms. Other activity which evidences the increasing interest in thorium, was the announcement by Wet Mountain Mining, Inc., of their of the fabulous development Tuttle, Hastings and Mann properties south of Canon City, Colo. Experts have estimated that over $12,000,000 worth of thorium at $1 per pound is in place on the properties. - SCINTILLATORS "Scyntilladyne" ,,Deieclron-222- " "Precision 111 B" $249.50 289.50 495.00 BISMUTH C0UNTEBS 10 tabes.... 325.00 Oracle" Fisher, Deluxe" Small Utah Town up-gradin- g V M-- 12 SL-25- V-- 43 .. 37 39.73 39.50 77.50 s. in Ultra So. City A A Sensitive and first practiced in He then praticed in Montana until he joined Ana1915 Portland. conda. SUtnutk tfraHium CcuntetA WILL LOCATE BURIED ORE DEPOSITS! AL'S WELDING Proven Ike nos! leniilive coaater oa display at Grand Junction skow! Ask Ike Man Wko Owns One! CRUSHER JAWS PRODUCT OF ATOMIC ELECTRONIC ASSOCIATES, INC. B45 East Broadway UL.L It Salt Lake City, Utah .U in. m.- - Phone MU ... .JU and ROLL CRUSHERS ALL WORK GUARANTEED WRITE FOR NAME OF NEAREST DEALER Heavy Duty Hental - Repair - Terms Grand Jewelry 220 State Salt Lake six-mil- U-Be- va 159.50 139.50 107-C NEW Precision.... 149.50 MINERAUTIES Anaconda Takes New Name; Elects Glover U-Be- va 35.00 99.50 Lacky Strike Fisher Delano Beaver-Lo- Overland Oil, Inc., of Denver, announced today that Great Basins Petroleum Company has Up-Gradi- ng entered an agreement to drill a series of shallow, exploratory Beaver, a small southern Utah wells on Overland leases near Standard is well known in with a population of 1685, is Morrison, west of Denver. uranium activities through its loosening its belt this week to western United States subsidiary, efThe an program represents make room for a promising uraStandard Mining Corporation, to close fort develop production nium center with the building its and Canadian affiliate, Stan-leig-h to oil an area where seeps in of a major uranium Uranium CorporaMining numerous shalof shows oil at mill. Ltd. tion low depth have been found in Foundations for the mill are core drilling operations by uranearing completion at a site three nium prospectors. and' a half miles north of Beaver Involved is an area of abou; near Highway 91. e 3,000 acres in a strip Tanks will be installed this immediately oast of Hogback week, according to George Mar- structure. It extends from the tin, Salt Lake City, general man- property of Adolph Coors in, three miles southeast of Morrison ager in charge of construction. to a point north of Alameda AvThe mill is located near Anaconda Copper Mining Co. enue extended. producing claims in the area. headquarters in New York report a change in the company name. on new the shallow Drilling According to R. E. Somerhald-er- , tests, to Effective June 18 the firm will to is 2,500 feet, president of Western Hem- begin running be immediately. designated The Anaconda. isphere Mills, Inc., his company Overland retains a royalty inReason for the change, accordplans to employ men in at least three open pit operations on min- terest in this new famout to T. J. ing to newly elected board chairlocated McLarty and Great Basins. man Roy H. Glover, is due to ing properties of 10 miles east and north of the Great Basins currently is drill- the widened scope of operations mill. ing a deep test near S. D. John- embracing many activities in adPallaoro No. 1, dis- dition to copper. Construction is being pushed sons Lillie well southeast of Soda covery Mr. Glover was named to the rapidly, Martin said, to handle Lakes. Both are also Overlanc ore already blocked out. After farm-outto chairman They reach below a nelius F. post who succeed Corcompletion the mill will continue retired after Kelley thrust fault. Shallow pro54 operations during winter months. giant of service. years duction would be above the fault. A westerner, Mr. Glover joinBuilding engineers are pleased with mill site Martin reports, for ed Anaconda at Butte, Montana the convenience of good roads, in 1943. He became vice presia nearby city and plentiful water dent and general counsel in 1951. Advertise In The . . . supply. He held the same titles with subsidiaries Chile Copper Co. and WESTERN The management of the Low Chile Eploration Co. Hotel in Beaver loosened the MINERAL SURVEY first knot of expansion by rentBom in Goldendale, Wash., Mr. ing rooms exclusively to mill Glover received a law degree Reach an Interested market! workers from the University of Oregon Girds For Big GEIGEB COUNTERS C-- 18 Hunt Oil Near Sites of Uranium Uranium Center Mill FOR ATOMIC PLANT soft-pedale- Geologist J. B. Currie, of Gulf Oil Laboratories, checks new time machine which shows how an oil field buids up from prehistoric time. This new research device recreates in a few hours the passage of 200,000,000 years. The processes involved include the leaching of uranium, the precipitation of uranium from alkali metal carbonate solutions, and the leaching of uranium from sulphidic materials. One of the processes is now being extensively employed in the ore treatment plant at the dge property of Eldorado Mining and Refining Limited, Canadas government owned uranium producer. The processes were developed under the National Research Council by Messrs. Forward and Halpern in the metallurgical laboratories of the University of British Columbia. . in. Rebuilt and Hardfaced Castings of all Types Repaired Phone AM 6420 So. Stale Murray 21 79 ... iiiiwssws |