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Show November 23, 1953 Page Fire The Western Mineral Surrey. Sell Lake City. Utah rkervkanyon Stocks to Watch Bureau of Mines Releases First I show promise Brochure on Colorado Plateau By O. D. QUINLAN Kerr & Company, engineers, The first of a series of Bureau of Mines publications a brochure in preAngeles, scrjbing uranium mining on the Colorado Plateau was released Departnent of the Interior tody by the, United Designed as an introduction for persons interested in ura mated uranium ore reserves are dated Eureka advances 10 cents The working crew of Phillips to be increased substan- - nium but unfamiliar with mining, the report discusses in detail in price, Mt. Peale registers a Petroleum Corp., is still operat- - likely in early future years by the equipment and methods used in prospecting, exploration, of $5,000. This company has mg eight rigs on the claims of tially core drilling. and tnneling a large portfolio of worth while Republic and Utah Premier, Next development, and mining. and in stocks It also quotes typical costs of The rePrt said the company is investment many week, six rigs alone will be in a mutual operation on Utah Premier prop- - in an exceedingly strong financial many of the operations involved Authors are mining engineers respects resembles includes brief and most descriptions of the of company. fund open-enthe Bureau of Mines and the Position, retaining erties, operating officials said. proceeds of its recent financing, of the Colorado plateau, its Atomic Energy Commission. geology, and the history of ura- The report is liberally illusBased on a realistic evalua- trated with photographs of equipLone Star Mining and DevelReliable sources today n of mining prospects and In Min ment and installations at uraabout has Hit? l $100,000 lYIIIlw wl opment Corp., closed that the Ogden Smelting consideration of hte strong work- - lOUIlW mines ranging from one-o- r nium is and in the treasury producing and Refining Co. is backed by ing capital, White Canyon Mining Cm APC WpaEj gopher holes where and shipping ore on a profitable a New York firm of unlimited common stock is to be considered! are used for transwheelbarrows The Mining Market dragged basis according to Leo Batement, capital, to develop their prop- - one of the best speculations in to large mines producgeneral manager. W. L. David- erty at Milford, Utah, considered the uranium mining field, the its feet as the north Idaho strike portation several hundred tons of ore carried on into its 12th week. A ing son, of Albuquerque, formerly )y some geophysicists, as the report said. federal mediator continued ef- a day and using a variety of associated with Floyd B. Odium, richest large body of ore in Utah. earnterm forts to end the walkout of 900 mechanized equipment. is president of Lone Star. Com- Preliminary negotiations were- - L Devalment of near ingB the report declared, depends miners at 16 operations. But a Arizona. are in Future publications in the pany properties the XeletKeSLw cLwnv 245 said primarily 0n White Canyonf Urai management series will discuss exploration, spokesman of gome 0f the mines may be closed development, and mining methand num Production operation W So Temple for shinment 2 Arizona manganese mUl. It is permanently If the strike con-- ods and costs on the basis of deShumway Uranium was strong -SS tailed studies of various mines, this week with bids of $2.62 in t-srlarge and small, on the Colorado active buying by Eastern "atUral EaS PrPertie'- 288 perTopty at S Dni,n yesterday, plateau. A free copy of I. C. 7726, Uraof Ogden Smelting & Refining A further possibility pointed to a he mine-mil- l a The had nium Mining on the Colorado rquested is privately held and not of- - in the report, is the construction . . . The Election Plateau, by W. L. Dare, R. A. of a uranium mill to secure the bargaining Another strong stock on the fered on the public markets. Mine-Miwas ousted by the CIO Lindblom, and J. H. Soule, can additional profit from processing over the counter this week was vote last year. a NLRB Un be obtained from the Bureau of as as well of the company ores, Wyoming Uranium, which was Uranium stock now selling custom ore from other miners. lowing this decision, prospects Mines, Publications-Distributiobid .05 cents a substantial gain at about .07 cents to .08 cents are brighter for a quick settle- - Section, 4800 Forbes Street, Pittsout Kerr pointed report when week from the previous may prove a big bargain Presi- m.ent el?herf Lfctbe district burgh 13, Pa. It should be identihas three it was selling around .04 cents dent Harry Metos let us in on a late company area fied by number and title. nium mining wells in San Juan county a share. that the Company owns Utah and that the Pacific North-- a secret, tungsten property in Utah that west pipeline, now under con-I- s scheduled to begin production struction, with completion sched-aboFederal Uranium began to December 10 at the rate uiei in 1956, passes within five LEE W. 0YLER, Owner show new strength this week of a ton. Metos claims it is miles of the companys wells, $600 to was $3.50 when it quoted $3.25 one of the biggert mines ta tee AUTO AND TRUCK PAINTING rt a share. Eastern Interests are lnte4 ont le country. . temporarily location Onion ha, acpnlred watching Federal. EXPERT METAL WORK undtadomd. Lucky-StaUranium ta the Ar- prBpertie, SPECIALIZING IN JEEP BODY - REPAIR AND PAINTING (a little brother of Sim) la said tmery peak District In western to ta stockholdbe to Horn Uranium position strengthen Big and has constructed a ers were elated at the announce- marketwise as a result of the mm 679 South Main Phone EM process manganese ore. ment that Barlu Oil Co., wealthy LOOK FOR US AT OUR NEW LOCATION BY XMAS Texas outfit has taken an option ' (10 months to Aug. 30) U report- H, ,Ti 1 to purchase the Happy Jack ura at $3Z2'525 and operatilig ex- Tom Costas, veteran Utah 6,1 530 SOUTH 2nd WEST nium mine in White Canyon, at W13 893 with otherex- which is bordered on two sides geologlsL is now busy working 328 ,eavi Usted by properties of Big Horn Ura- out production details and re-504 (or &e 10 aeflcit o nium. Geologists believe the ported a channel is already period. Happy Jack channel of fabulous created. A Salute To The Utah de-L- I A recent audit of the finances ore extends through the Lost of Mt. Peale Uranium showed Boy claims of Big Horn. the company has $196,000 in the treasury. Every time Consoli- c& d s I a I dis-ltio- 12ill I two-ma- n S SE"cS UUlS I ll Fol-Su- n I n gas-disti- l- ut Lee's Body and Paint Shop r I 3-41- 82 S Mining Industry ZINC RESERVE DOWN Invest Your Time In Safe Driving I Invest Your Money In Good Stock Through ehrin G. Flegal & Co. PHONE EM 4-36- Zinc Stocks were reported at supply as of only about a month. The start of this the said Zinc that American Institute despite heavy shipments, unfilled orders at the end of October were up to 61,746 tons from 52,278 at the end of September. Shipments to the government stockpile were only 1942 tons. Total shipments were 87,748 tons. of slab Smelter production zinc were 89,462 tons, the highest 15-da- From Another Utah Manufacturer y DRAPER POULTRYMEN ASSOC. DRAPER POULTRYMEN INC. DRAPER, UTAH for any motnh so far this year. We Provide The Safest Instruments Possible 19 Live To Enjoy It - Drive Safely LEON AND NATE GALLENS0N GRAND JEWELRY Observe Signs and Instructions Protect Our Little Tax Deductions All-Schoo- l SALT LAKE CITY, UTAH 220 SOUTH STATE SERVICE UTAH'S HEADQVARTEIS REPAIR RENTAL B & D TEXACO SERVICE 1353 Indiana Ave. Phone EM 3-09- 03 Fast Efficient Service 'DRIVE IN, PLEASE" 'DRIVE OUT PLEASED' David White Instruments Mineralite TOR PROSPECTORS SUPPLIES SPECIALIZED CUSTOM UNITS MADE os |