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Show June 17. 1955 Page Fire The Western Mineral Surrey, Sell Lake City. Utah Potential On Norma B Property in Utah has a Bend Uranium of Salt Lake 10 from Salt Lake City Big Bend Claims Rich Attend Mineral Parfey Ten Salt Lake residents, members of the Mineralogical Society of Utah, are attending the annual convention of the Rocky Moun-aiFederation of Mineralogical Societies in session at Rawlins, Wyo., June 16 to 19. Thirty exhibitors from all parts of the west entered large mineral exhibits at the conven-ion- . Displays were placed in the lawlins high school during the n Mining Operations Opened by Knapp exhibit. four-da- y The Salt Lake group took part n several field trips to collect ;ade and inspect new uranium operations. Salt Lake delegates included president Stewart Romney and Airs; Romney; vice president, Dr. Olivia McHugh; Mrs. Marie Crane, of the American Smelting k Refining Co.; Mrs. Rita Domen-ko- ; Mr. and Mrs. George Robb, of Bingham, ( and Mr. and Mrs. Hugh Burnside. Mrs. Burnside is secretary of the Mineralogical Society of Utah. SCATTER SHOT These manmade geysers of mud and water, pattern, are providing a Shell Oil Company geophysical party working west of San Antonio, Texas, with a record of rock layers thousands of feet beneath the surface. The simultaneous blasts send shock waves deep- into the earth where they bounce off one or more layers. Reflected waves are recorded as wiggles on photographic tape. Best the crew can hope for is that the record of the shot will locate places oil is actually discovered only by where oil might be found drilling wells. Pattern shooting is a new technique in the industry's endless quest for new fields. part of a recent - Marble, Bishop Plan Big Drilling Program Plans are going ahead this week on a drilling program between Marble Canyon Uranium Inc. and the Bishop Official Gets High Post with Sodak Ex-AE- C Dr. Phillip L. Merritt, former assistant director for exploration of the U. S. Atomic Division of Raw Materials, has been elected director of Sodak Uranium and Mining Co., Inc., C. R. Boyle, president, Energy-Commissio- announced today. Sodak Uranium and Mining Co. is one of the leading producers of uranium ore in th Black Hills area of South Da kota and Wyoming. Shipments began in Oct 1952. The company is presently de e veloping and mining additio'-orreserves and is continuin exploration on its 15,000 of holdings in the Black Hills and in the new Lignite area in Custer National Forest. Dr. Merritt was senior geologist of E. J. Longyear and Co., and director and advisor of the Mutual Atomic Development Inc. Fund, Dr. Merritt played an important part in obtaining uranium for the 011 vice-preside- nt W. of Marble. ing World War H, serving as chief of raw materials, Manhattan Project, U. S. Corps of Engineers, from 1942 to 1946. Prior to that time, Dr. Merritt was with American Cyanamid Co. and the Department of Mines, He Colombia, South America. hoids his doctorate in geology from Columbia University. Four of the seven directors of Sodak Uranium and Mining Co , Inc. were elected directors of the Uranium Ore Producers Assn, at its annual meeting in May. In addition to Mr. Boyle, directors include Jack O. Jones, president of Monogram Uranium & Oil Co., C. G. Ortmayer, president of the Ortmayer Mining Co. and W. E. Haldane, Sodak according to Suvall, vice president Co. of Texas, Andrew The geology of Marbles property, located on the Colorado Plateau 50 miles from Fredonia, Ariz., is currently being studied. Suvall said there is a possibility of shale and chinle channels as well as Shinarump on the Marble properties. The company is now awaiting notification on a Defense Minerals Exploration Administration loan, Sumner reports. Road-Buildin- Big City, potential of 20,000 tons of ore on the Norma B claims, according to Leland Davis, geologist. This amount of ore, he said, would be valued at approximately $800,000. A recent progress report from Big Bend development indicates 200 holes have been drilled. Mineralization was shown in 100 holes. Some tests ran to seven er cent on probe, with ore hicknesses from two feet to 37 Mining operations are underway eet. The Norma B claims have on the Knapp Uranium propernot been completely drilled, ties in White Canyon, Clyde J. Davis reports. Knapp, president, announced toBig Bend is now stockpiling day. ore on the property. A tunnel has been started toOn the market side, Big Bend a previously announced ward came out with 7,000,000 shares ore. Within a few feet of three weeks ago at 3 cents a body the face of Knapp said miners share. four-foo-t a vein of ore ran into According to Morgan B. Hills of Coombs and Co., Salt Lake which apparently extends all City, Big Bend is "a good buy the way back to the large body of ore discovered during the on the market. drilling program last month. This unexpected bonus is a profitable and pleasant surprise, Knapp said. -- Seagull Works On Six Ore Faces Wallace B. Kelley,, president of Seagull Uranium Corp., Salt Lake City, after a recent visit to the company property told a Survey reporter his crew is working on six faces of ore. He said they encountered one face of considerable size, three feet thick and 10 feet wide, from Which shipments are being made along with those from other R. J. Pander, secretary and director of Silver Reef Uranium Co., announced today that the proposed merger of Silver Reef with the Dallas Oil and Uranium Co. of Dallas, Texas, has been faces, He said the ore assays .65 per approved by the board of direccent and Seagull shipped a total tors of Silver Reef. of 1800 tons from December 5 The proposal is on a basis of to June 1. one and one-ha-lf shares of Silver Kelley reports improved equip- Reef for one share of Dallas. ment has made it possible to Stockholders wil lvote on the boost the June monthly produc- merger Jnly 25. tion from 400 to 500 tons a Pinder said Dallas Oil and Uramonth. is producing uranium on nium Kelley stated his company is in the black with $70,000 in the treasury, and a net income of $12,000 a month. He indicated this will be boosted to $15,000 net, after expenses, for June. g Stepped-U- p J. formerly president The other directors of the pany are Paul n. Russell, city attorney of Edgemont, South Da-otand Munroe F. Pofcher of the New York law firm of Manhattan Engineer District dur Pofcher, Schlussel and Katcher. com- and has oil Kansas. in He said production to offset drill three it is planned on wells the properties next the week. York Stock Exchanges Lako-Spokane-N- ew We Specialize In Mining Stocks a, Loans Made on Listed Mining Securities 2380 Washington Blvd. 132 Main Street SALT LAKE Four Comers an OGDEN 523 West Sprague Ave.. SPOKANE With 'vastly expanded opeiations it Climax Uranium Cos plant at Grand Junction, Colo., new read-waare being constructed at the site. Photo shows a huge crane Survey Denver Bureau dumping loads of gravel scooped up Four Comers Uranium Co. stock jumped a from the Colorado River hed into DENVER dollar in bid price recently after reports were circulated that tracks. (Denver Bureau Photo) Bid Price Upped By Strike die company had made a major strike near Morrison, Colorado, 12 miles southwest of Denver. An extensive core drilling program has confirmed a dis covery made last year, E. H. Sanders, Four Comers president, told stockholders recently. The Pallaora ranch located in e the foothills southeast' of Mor- Corners plans to launch the of origscene rison was the mining operations. inal discovery. Stanley H. and Robert Strauss, Cripple Creek Assay reports of core samples prospectors, made the discovery run as high as 1.66 percent uraand obtained a lease covering the nium oxide. Commercial grade uranium deposits. ore minimum is .2 percent. Yal disue of the discovery has not been The ranch yielded an oil covery earlier this year. A con- estimated. firmation well is now being Four Comers is a pioneer uradrilled. nium company of the area. I Sanders reports that Four operates mines in Colorado, Comers obtained a lease from Utah and New Mexico. In recen e months the company acquired the Strauss brothers on the small mines through several Initial ranch. Following the Four mergers. core drilling program full-scal- 35 North University. PROVO ys - 1100-acr- Beaver-Mes- a A. HOGLE & CO. Member Sail of the Ore Producers Association. Silver Reef OKs Merger Plan with Dallas Oil Firm INTERMOUNTAIN STAMP WORKS COBNUTE BRONZE MEMORIALS RUBBER STAMPS STEEL STAMPS Uranium Mining Equipment TRACTORS SHOVELS DRAGLINES LOADERS KENT OH SUE payment. R. F. McCune 1 5 Ivy St. Phone Dexter DENVER, 3-95- CLYDE AND KARL PANNIER. Omen 242 EAST 2ND SOUTH Will consider stock for part 1 SEALS 20 COLO. PHONE 3-4- 004 CHAIN Intermountain Area's Largest Stock oi Truck Parts and Equipment ALL SIZES OF COMMON AND CHAIN CHAIN CHAIN AND BINDER TOW HI-TE- ST 14 Ft., 20 Ft. and 25 Ft, with Grab Hooks LOAD BINDERS AND HOISTS HAFER'S, INC. 1563 SOUTH 2nd WEST Sail Lake City. Utah PHONE t t 84-43- 11 I r |