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Show May 25, 1956 Page 7 The Western Mineral Sumy, Salt Lake City, Utah COAL DETAILS Mining AMERICAN LEDUC URANIUM Corporation, subsidiary of American Leduc Petroleums, Ltd., Edmonton, Alta., with $6,000,000 worth of assets, has started an underground operation on land Senator Watkins Urges Research Hi-lit- es If the Federal Government industry, and because of the imcan find this additional money portance of coal mining to the for such research, Senator Wat- nations defense effort. kins wrote, I plan to request the coal industry and the coal States to double their investment in research during the coming fiscal year. 'If all interests cooperate in this research acceleration, the national investment in coal research could be Increased from the $17 million level in 1955 to $35 for drilling of a property it acquired recently in Utahs White Canyon uranium district. It also s preparing to resume testing of a uranium structure exposed last all near Usk, Pend Oreille coun-y- , 15-clai- Washington. adjoining the Daybreak uranium mine in the Mount Spokane disUTAIMDAIIO CONSOLIDAT-trict. The firms geologist predicted primary ore will be found URANIUM of Kellogg, Idaho, at depth in the area and said this las drilled out a uranium ore regions uranium possibilities )ody on the Moki claims in Utahs Ilk Ridge district and is prepar-nhavent been scratched. to start ore shipments. The DAWN URANIUM & OIL successor to U & I Uranium has loaded out its first freight a interest in the claims. car of autunite ore from its Mount LOOKOUT MOUNTAIN Min-nSpokane district operations. The & Milling Company ore will go to a Salt Lake City and an initial United Mines, both Kellogg, also processing plant under purchase contract with the are drilling for ore in the Elk Atomic Energy Comm. Ridge area. D the coming fiscal year. More than 200 possibilities for research in the field of bituminous coal which might enable g . COM-PAN- the producing industry to participate more fully in the nations growing fuels market, were described in a Bureau of Mines report made public this week by g NORTH STAR URANIUM beNATIONAL URANIUM CorporSEN. ARTHUR V. WATKINS gan geological and auger drill ation of Kellogg is drilling at its test work at its leases in the Stapleton lease in northern Spo. . . Looks to Coal Future. Mount Spokane district. Explor- kane county and also exploring Senator Arthur V. Watkins ation work on land adjacent to the another lease in the same area. today urged consideration Midnite mine on the Spokane Inof a $5 million supplemental apdian reservation is scheduled to OTTAWA SILVER Mining & propriation for bituminous coal get underway in a week or 10 has Milling Company completed research during the coming fisdays. a ventilation raise at its Slocan cal year. BIG SMOKE URANIUM com- City, B. C., property and is preIn a letter to the Secretary of menced drilling on section 14 paring stoping operations. Five the Interior the senior Utah Sentons of crude ore ator suggested that the Departadjacent to the Midnite mine. The and one-hal- f extracted in driving the raise con- ment initiate such a request. work is along a granite-argillit- e contact exposed by bulldozer. tained 246 oz. of silver per ton. Ore stockpiling is continuing on SUNSHINE Mining Company is Recommendations . the companys original reservation property a few miles to the scheduled to take second-quarte- r (Continued from Page 6) south and additional test drill- dividend action this afternoon. Argregates-Clay-Tal- e Earlier this week the company ing is planned there. Request congressional commitfirst quarter net income reported DAHL URANIUM MINE, Inc., of $186,194 for 12c a share, tees on interstate and foreign has done 2100 feet of percussion compared with $205,353 or 14c a commerce to investigate encroachdrilling on section 13 adjoining share a year ago. Mining division ment by the Interstate Commerce the Midnite mine, controlled by operating income totaled $766,097 Commission on many minerals Newmont Mining Corp. through and petroleum division income and mineral aggregates in intera subsidiary. Results of recent $155,752. Mining costs totaled state commerce. Coal work have not been announced. $550,748 and petroleum operaconsideration should be Equal DAYBREAK URANIUM con- tional cliarges $27,137, indicating given to all available energy retinues to stockpile ore and drill increasing importance of the sources uranium, coal, oil, gas, test holes at its Lowley lease on firms oil interests. Current as- oil shale, water before deciding the Spokane Indian reservation. sets as of March 31 were up to which is to be used as the source It has netted $1958 from the first $4,490,564 from $4,412,036 at the of generating power in any given car of copper ore shipped from end of 1955; current liabilities area. old dumps at the Calaveras mine, were down $823,585 from $84,861. (California Mining Journal) Copperopolis, Calif. Two other POLARIS Mining Company is ventilation and waste cars have been shipped. handling planning to test the Good Hope is nearing completion. SILVER DOLLAR Mining Com- section of the Chester vein at pany has started exploratory greater depth this summer by BUNKER company downhole drilling below the 3000-fo- brought' court action against level. Silver Dollar Mining Mine-Mi- ll union pickets followCo. would get half of the profits ing a wildcat strike of 900 from production in this area. mine and mill workers Monday. Program The 2500 level heading toward A temporary restraining order New Purim ground, in which ended the picketing and some from (Continued Page 1) Silver Dollar has approximately men returned to work yesterday. centrates, its going to help the 40 per cent interest, will be re- The company asked $18,000 damindustry as a whole. sumed shortly. A raise from the ages and $6000 additional daily The rest of the present domes 3000 to the 2500 level to improve for as long as the strike lasts. tic program will expire March 31, 1962, to be replaced by the new procurement program for the extension years. (R-Uta- HILL Assistant Secretary of the Interior Felix E. Wormser. According to the report, the amount of money spent in the nation for coal research is small as compared to that in other indus- tries. In 1955 research in other dustries included: textiles, SALIM S. AIZER Defends . . . in- U-Tru- th $28 Research Paper Tells Uran. Story million; petroleum, $146 million; chemical industry, more than $360 million. Of the total spent for scientific studies on bituminous coal last Uranium Market Research, Isyear, the report noted that nearly $5 million came from he Federal sue 15, issued today contains a Government. Coal now supplies comprehensive study of the uraabout 30 per cent of the nations nium industry by Salim S. Aizer, energy requirements which are economic analyst and editor-directo- r of the publication. , s expected to increase nearly two-third- by 1975. Major part of the issue, acBituminous coal reserves are cording to Aizer, contains statislarge compared with other min- tical material and data on the western uranium industry from eral fuels. Major research areas suggested for enlargement are: nuclear gasification of coal, production of gas from coal, fine coal cleaning, coking, handling and transporting coal underground, hydraulic trasportation, and basic research on the structure and properties of coal. Senator Watkins said: high-heating-val- ue low-temperatu- re Government assistance to the coal research program is justified in view of the depressed condi tions which have plagued that its birth to the present stage of development. Graphs and economic factors of the industry are contained in the article. The report also contains an overall article on the Ambrosia Lake, McKinley county, N. M. uranium area. Mr. Aizer is a graduate of the University of Utah with a master of science degree in economics. He is the author of Mass Immigration and the Israeli Economy, an analysis of the economy of the State of Israel. ot U-Buy- ing - Details on the new program include: Establishment of a base price of $8 per pound for U308 concen- trates. All purchases will be made by contract. No committment to purchase vanadium. Amortization of mills contracted before 1962 will be permitted beyond that date, but not to exceed five years. Four main goals will be satisfied by the new program, accord ing to Chairman Anderson. They are: Maintenance of adequate domestic production to meet projected military and industrial requirements and geared to the availability of Canadian ores; flexibility in buying according to commission requirements establishment of concentrate price to help stabilize various products and gradual transition from government control to a commercial uranium market. Contractors! Mines! Factories! 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