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Show June 10, 1955 The Western Mineral Survey, Salt Lake City, Utah Page Four READY ON NEW SL FIRMS CIRCULARS PETTY MOTOR COMPANY FORD Sales & Service New and Used Cars 909 E. 21st So. Phone 7-54- 31 Two new offering circulars came off the press this week for Majestic Uranium Corp. and Horse Thief Canyon Uranium Inc., both Utah firms. President of Majestic is Parker Robison. Other officers include Edward L. Crosby, J. Raymond Allred, Reed S. Nelson and Donald K. Barton. Officers of Horse Thief Canyon are Chester M. F. Peters, president with James L. Knowl-den- , D. Eugene Moench, Jessie M. Peters and John W. Roily. Underwriter for both firms is Van Blerkom and Co., 408 Bea-so- n Bldg., Salt Lake City. L. H. STRONG COMPANY Western Distributors oi VOLIISWAGON CUSTOM MADE MOBILE HOMES HOME OP THOROUGHBREDS" Phone 679 So. Main 3-58- 67 being used to push large scale copper production program. Electric caterpillar operations in Alpine and Triumph Uranium companies open pit mine near Fruitland, Wash., is part of equipment Salt Lake City. Utah Crestline Stokes Seven U-Cla- NEAR TEXAS LINE ims Two to Get Land in Chihuahua, Mex, U-Compa- Crestline Uranium Co., Salt Lake City, has staked seven new uranium claims in New Mexico and Salmon, Idaho, Stanley J. Lake, president and general manager, announced today. The New Mexico claims are adjacent to an ore body owned Corp., N. Y. by valued at $25,000,000. The Idaho claims, Mr. Lake reports, also have good showings of potential of Alpine and TriUranium companies have umph entered into a joint contract to acquire 1,500 acres of uranium land in Chihauhua, Mexico, just beyond the Texas state line. The property has sjiown strong radio activity over an extensive area officials said. The area is famous for high ore. grade uranium and gold deposits Crestline is currently having a running as high as 70 per cent field examination on properties pitch blende, company officials to apply for a Defense Minerals disclosed. They said gold averaging $400 per ton is reported Exploration Administration loan to have been mined on some adfor $168,000. The loan will facili- jacent properties. tate more extensive exploration. The properties for the most are on the same dyke and Mr. Lake further reports nego- part, show great promise of excellent tiations are underway to start a uranium and gold. They are drilling program on the com- jointly held by Alpine and panys Yellow Cat claims next Triumph. Officials said uranium has al-week. Multi-Minera- Lake Shore Motor Coach Lines OGDEN TO SALT LAKE CITY AND IMMEDIATE POINTS 15 ROUND TRIPS DAILY Package Express on All Trips Charter Service Anywhere 21 So. 1st East Phone 9-7- 697 nies Officials ls Salt Lake City, Utah so been discovered on the jointly held properties of the two com- located panies at Fruitland, Wash. Negotiations are in progress, according to officials, with the well known firm of J. R. Sim-pl- ot Idaho, for sale of the joint-lease- s held by extenon and Alpine Triumph, sive magnesite properties near Co., Boise, Fruitland. E. E. Ferguson, engineer, of es- Kenowick, Washington State, timated the magnesite property has a deposit in excess of 8,000,-00- 0 tons. The State of Washington, officials said, has drilled 2,500,000 tons on three acres alone. The gross value on this 8,000,-00- 0 tons, officials estimate, would be in excess of $50,000,000 on the basis of a minimum figure of $6.50 per ton. Operations at Fruitland were carried out in successfully blocked out ore for several weeks. A period of heavy rains made roadways impassable for weeks following. Roads are now UTAH UNLISTED MABKETS A. P. KIBBE & CO 42 WIST Industrials Municipals BROADWAY SALT LAKE CITY Rhone 4-3- repaired and the mill is operating on a 24 hour schedule of full production. Engineers estimated the two companies have $70,000 worth of copper ore stock piled and ready for milling. Recently a $5,000 truck has been added to operating equipment to expedite shipments of ore and concentrate haulage. 1 IWX SU560 Correspondent Oils JOSEPH McMANUS & CO. Uraniums Private Wire System to Leading Cities W BUY-SEL- L feORjTRADE Y0UR1PENNY; URANIUM |