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Show "Jw Kieui qf fttMt Significance in VoL po t . non-vanadiu- m 8-Tr- . Five States U. Plans to Up Production MOAB, Utah Five States Ura nium Corp. this week was preparing to move additional equip ment, including a shuttle car and another compressor, to its San Rafael Swell property. secretary-treasure- r, said the new machin- ery was being installed to increase production. The companys mine already is shipping ore to the Moab buying station. Five States ore is coming from a Shinrump formation drift toward a partially-drillechannel d on the Dirty Devil No. 3, one of 15 claims owned by the company on Tomsich Mountain. Five States also has three claims, known as the Bridge group, about a mile southwest of the Tomsich Mountain group. Russell said a small mine on claims adjoining the Tomsich Mountain group has been averaging one load of ore daily In the 18 months it has been in opera- cr r.0 10c Ftf Copf .. tj. IFms rnient National Uranium Corporation of Utah today signed a working agreement with Radiore Uranium Corp. on their Chief Mine located 23 miles from Moab. When this, property was purchased by National, according to company officials, the purchase price was in excess of $1,000,-00The mine is fully equipped, housing facilities and other living facilities being available. The working agreement pro- Radiore said his company will vides that. Radiore will receive increase this to 100 tons daily. 70 per cent of proceeds of all All ores are to be shipped to the ores mined. National the balance. mill at Monticello. Estimated reserves of ore are Martin Lasher, president of Nain excess of 500,000 tons, of- tional and Downing, expressed ficials of National declared. themselves as pleased with the Involved in this working agree- transaction, negotiated through ment are 16 claims. Production National Uranium of Utahs representative located at 1140 First goal is set at 50 tons daily. President James Downing of Security Bank Building. 0. N.M.MenBuy Control Of Blue Goose Blue FARMINGTON, N.M. Goose Mining, Inc., with properties in the Circle Cliffs area of Garfield county, Uiah, disclosed today a controlling interest in that corporation has been purchased by J. L. Foutz, widely-know- n Farmington uranium operator, and a( group of associates. Foutz is president of Copper Canyon Mining Industries, Inc., which owns the Monument No. 1 and two other producing uranium mines in northern Arizona. L. E. Murray of Farmington, Blue Goose president, said the A total of eight truck loads Foutz group has bought control of uranium ore was reported to of the Blue Goose corporate stock have been shipped this week and will be represented in the from the Lost Boy claims of Big management. Horn Uranium Corp., to the reMurray added that arrangements also have been completed ceiving station in White Canyon, which under Copper Canyon will 2Vi miles distance from the Lost of test hole on feet drill 15,000 Boy. Blue Goose properties to block Officials, said greater shipout an .ore body indicated in earlier drill exploration. Copper ments would have' resulted had ServG. RADIORE INSPECTS President Uranium J. Reid, Canyon will take Blue Goose not snow and ice made truck ices Inc. (left) Frank Durham, Foreman Chief Mine (center) treasury stock in payment for travel on highways hazardous. James R. Downing, (Right) President, Radiore Uranium Co., drilling, Murray said, so that no The company expects however, cash outlay by Blue Goose will shown on inspection tour of the Chief Mine, operation of which to continue shipments of ore be necessary. . was recently taken over by Radiore from National Uranium Copper Canyon now is moving Corp. of Utah. throughout the winter months. a drill rig and other equipment to the Blue Goose holdings. Blue Goose already has a camp on the property, from which pilot shipments were made earlier in the year. Under the new operation Mur300-To- n ray will continue as Blue Goose president, and W. P. Knight of Midland, Texas, will continue as Cayzor Athabaska Mines Limited, the property that has been termed by mining publica- vice president and director. The Athabaska region, gave the Canadian' and tions the Mystery Mine in the Beaverlodge-Lak- e Foutz group will select three new American publics a first story of development to date when the company filed its new prospectus directors within the next few Admiral Predicts Lost Boy Reports Full Scale Use Shipment Of Atomic Energy Full scale use of atomic energy by the Navy in less than 10 years was predicted by Rear Admiral H. G. Kickover, in a recent address in which he said: I predict that by the early 1960s, all major Navy vessels authorized for construction will be nuclear powered. He went on to say the Nautilus U. S. atomic submarine, had cruised more than 23,000 miles, half of them when fully submerged, that it had traveled 1300 miles from New London, to Puerto Rico, Connecticut while submerged. This totals 84 hours. That the Admiral, reports, is 10 times as far as any previous submarine has ever traveled continously under water, and, at an average speed .of 16 knots. o s,; According to an announcement by J. Carlton Ward, Jr., president of Vitro Corporation of America and Floyd B. Odium, president of Atlas Corporation, Vitro will process the uranium ore output of Hidden Splendor Mining Co., Atlas subsidiary, at the Salt City mill of Vitro Uranium Co. . Hidden Splendor holdings are near the Muddy River in Emery County, Utah, and consist of the original extensive claims purchased from Vernon Pick more than a year ago. The amount of ore sent to Salt Lake City will be a minimum of 5,000 tons a month, with an option by Hidden Splendor to increase the amount to 9,000 tons.. The new ore agreement will provide Hidden Splendor with a steady market for its uranium ore and will give the Vitro mill a consistent supply of good quality ore for processing. William B. Hall, general manager of Vitro Uranium, said the transaction will clear the way for a 70 per cent expansion of the mill, which is the largest type processor in the country, and will provide a number of new and efficient process improvements. Negotiations for approval of the project by the Atomic Energy Commission will begin immediately. Webster H. Russell, h-- National, Radiore VITRO TO PROCESS ORE OF HIDDEN SPLENDOR - Oil and Mining WcpU Salt lake City. Utah. November 25. 1955 26; No. 41 . The uck Canada Mystery Mine5 Files Prospectus; Estimates Daily Production with the Ontario Securities Commission recently. Supplementing the prospectus, Cayzor management and officials baska mines and other properties are known to have estimated a gn the area have reflected a 300 ton per day production of more orderly growth in the comuranium ore on the basis of de- munity as a whole. Residents of Uranium City itvelopment and drilling. conin are planning incorporation was self The estimate given of discussion of their community to provide nection with the a new custom milling operation, needed municipal services and construction of which is sched- protection. With the mines in the area uled for the area next summer of another the operators rapidly passing from the developby ment stage, structures above property. owned are mines and ground are designed to accomCayzor a modate mining and maintenance have been managed by group. Its mine develop- facilities. ments have proceeded for two Development underground is on a regular shift of the fanfare without proceeding pubyears caused This employment basis. procedure licity. of the many mining publications o term the Cayzor operation the Will . . self-financ- ed Drill Imperial Cainesville Claims Mystery Mine. The Cayzor property consists of 18 claims or approximately 720 acres located about 1)4 miles Imperial Uranium Corp., has from Uranium City in the Beaver been encountering mineralization odge area, Province of Saskatch- right along, according to Evert ewan. Hap Lybbert, secretary-treasure- r Surface property exploration of ImperiaL ms included ninety-seve- n drill Lybbert said the companys loles, many along the shear drill is being moved from Red zones at the southeast side of Canyon property to the comJean Lake. The drill holes with panys claims at Cainesville. He a few exceptions obtained one expects the transfer will be comor more intersections containing pleted this week and drilling of tion. Five States Is a New Mexico corporation with headquarters in Albuquerque. Shelton Sanders Investments of Albuquerque is underwriting the companys pub- U308 (uranium oxide). lic offering. Developments aft Cayzor the first hole will be started Aftha-- days. The Cayzor property itself has all the necessary building and mining equipment for under, ground development Installed on the property. This Jncludes in part cookhouse, dining hall, twocry mens residence, office, wareshaft houses, garage, two powerhouse, steel oil tanks with 128,000 gallons of fuel oil. In addition Cayzor is constructing three houses for the married staff on lots three quarters of a mile from the mine near Uranium head-fram- e, Copper Canyon Mining Industries, which Foutz heads, is a closely-helstock company. It reportedly has produced more than one million dollars worth of ore d in the last year. US Bureau Shows Titanium Methods Methods employed by the Government in producing more than half a million pounds of titanium one of the new wonder-metal- s of the postwar period are described in a Bureau of City. Mines report released today by Ore taken from the developof the Interior Douglas ment area on the first level has Secretary McKay. been stockpiled and two sixty-to- n tells of operaThe bins are being built at the shaft tions atpublication the Bureaus pilot plant headframe. at Boulder City, Nev. Research This will permit easy loading and development work on the of the trucks from the bins with corrosion-resistanlightstrong, ore. The waste will be used for weight metal was needed by the the installation of roadways Army and Government producthroughout the area which will tion was required to supplement lead to other zones. industry's output. Development aft the second Secretary McKay pointed out level of 320 feet has been con- that the report goes into greater fined fto station cutting for detail than most of its type behaulage ways. cause it attempts to cover the Surface development during many questions asked by scores the winter wil include Diamond of engineers and business men Drilling to the west from the who visited the plant to study its operation. frozen surface of Jean Lake. t, ' |