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Show August 5( 1955 The Western Mineial Survey, Salt Lake City, Utah Page Excellent Ore Seagull Operations Skew It Takes Found in (v y , , ' y:-- i' ! f Three adiinery ' Wyo. County Bonneville Basin Uranium Co. has made a rich strike of excellent grade ore on its 10 claims north of Pumpkin Butte, Johnson county, Wyo. , ' ; v H. A. MacKenzie, formerly of New Park Mining Co., who recently visited the property, said there is 30 feet of ore. Chemical assays range from 1.5 to 14.55 per cent. He estimated the ore will erage $1000 a ton. av- Directly adjoining is reported to have taken out 200,000 tons of ore which runs $1000 a ton. Kerr-McGe-e, The Bonneville Basin property was purchased three weeks ago from Christiansen Bros, for an undisclosed amount of cash, plus stock. A prospector might strike a rich ore discovery with a scintilla- tor, geiger counter or other equipment but Seagull Uranium Corp., knows it takes more than that to get it out. On their Waterfall claims in the Big Indian district, San Juan county, Utah, Seagull used the huge head crane and com- hand-carrie- d ..... . Denver, S.D. Firms to Join; Await Stockholder Okeh Stocks to Watch The company now has an estimated 15 tons of ore piled up' which has an estimated value of By O. D. costs ton. Excavation $1000 per Sun Uranium ran up three are low. Mining $1000 worth of cents when news got around ore, including shipping, accord- that 1600 acres had been acquired ing to officials, can be accom- near Heber in association with of $20 plished at an Cardiff, Lucky Star and Baggs. ton. per Amazing scintillometer gyrations The board of directors of Bon- point to a most active program neville expect soon to reorganize when the Midway properties and elect Dr. Byron H. Nesbitt, really open up. Suns financial of Ogden, Utah, prominent phy- situation is excellent. Harry sician and; surgeon, as president. Metos, its president is a careful ... pressor shown on the right, the hoist and housing equipment in the center picture for working drifts and stops from the bottom of their 265 foot shaft, and the loading bins to get ore on the shipment trail. Seagull has shipped approximately 3,000 tons of ore to the AEC buying station at Thompson, Utah. QUINLAN on an expanding scale, with the wealthy oil company paying the Survey Denver Bureau cost. A letter to Republic stockholders advising the terms of the DENVER Plans for a merger between Mountain Valley agreement or merger, is to go in Oil Inc., of Corp. of Denver and Black Thunder the mails today. of officials Rapid City, S. D., were announced jointly today by Seagull Uranium is shipping both companies. 400 tons of ore a month for a net The proposed merger, subject to approval by stockholders of $12,000 a month. Some core drill holes have been developed of both companies, will be on a basis of 30 shares of Black Thunon property adjoining the holes der for one share of Mountain Valley stock. operator. Dr. Nesbitt is the largest inthat are being worked. These dividual stockholder and well minIf the merger is approved, Trans-Wester- n stockholders are shows a continuation of the liked in Ogden. Bonneville stock will be dissolved panies will be operated by Mounto hold a meeting at 2 p.m. Mon- eralization. President Wallace B. Black Thunder counter over at the sold recently Kelley, said the directors enter- and all properties of both com-- tain Valley from its Denver ofafternoon the. in company day Adam share. cents a 2y4 Mickey fice 323 Ness tain hopes of a small dividend Building. headquarters. in the future. A total of 16 holes Duncan, is legal counsel for BonBoom Areas Discuss To neville Basin. have been drilled out of a conG. L. ODell, president of . Negotiations have progressed templated program of 32 holes. Mountain development Valley, and Russell Booming amicably between officials of Re- The 16 have penetrated to a will be discussed by business and Twiford, Black Thunder's presipublic Uranium and officials of a depth of 250 feet. For a distance the from leaders professional major oil company. An announce- of 40 feet some rich pockety western states at a meeting in dent, said assets of the two firms ment is expected this week-end- , ore was encountered which assayshould exceed $1,500,000. 8 and 9. that a pact has been signed be- ed about .65 per cent. The main Portland, Ore., Sept. Mountain Valley has interests tween the two whereby drilling channel is on a drift to the botThe second annual Western De46 Oklahoma oil wells, one in and exploration will be pushed tom and that is continuous. velopment conference is sponsored by the Stanford Research in Nebraska, one in Wyoming Salt Lake Counties Only Institute in cooperation with the and extensive uranium holdings American Industrial council and in New Mexico, Wyoming and Boto Rooter Operators the Pacific Northwest Trade South Dakota. Mountain Valley REILLY & is an Oklahoma corporation. Assn. SPECIALIZING IN straMembers Salt Lake and Spokane Stock Exchange. Rapid western growth and Black Thunder owns and opof western reg- erates a positions tegic Sewer Stoppages gasoline plant near Newions in the future make area Main Office castle, Wyoming. Salt Lake Office development topics especially per42 Broadway Floor Drains 260 E. Fizst South-S- t. The gas plant has a capacity tinent, J. E. Hobson, conference New York 4, N. Y. Salt Lake City 11, Utah He advises of optidirector, says. 10,000 gallons daily at a presFor Competent Work Call A. T. T. Teletype hone mum use of the wests resources. ent market price of 5 cents per SU-5N Y. 14643 gallon, including gasoline, butane 43 propane. Gross estimated inUranium Gets and Pacific come from this plant is $182,000 WE SPECIALIZE IN w Oil-Uraniu- m, area ROTO ROOTER J. CO. F. 65 98 9-31- Silver State interests URANIUMS AMURANIUM APACHE ARC0 ATLAS ATOMIC POWER CAPITAL C0L-U-ME- X CONSOLIDATED CHEROKEE UTAH CRESCENT Levels - Transits -- Compasses Metal Detectors MID CONTINENT NATIONAL OF UTAH PAN AMERICAN CROWN EDGEM0NT FEDERAL FOUR CORNERS GATEWAY GREEN RIVER HOLLY LISBON LISBON VALLEY MAGIC STANCAN STANDARD URANIUM CORP. PIN0N UTAH PREMIER U. S. ROYAL UPETC0 WHITE CANYON ROCKY MOUNTAIN Geiger and Scintilometers Mineralighls Grand Jewelry 220 So. State Salt Lake City, Utah SABRE - Sold Direct Wires: New York City Quoted Philadelphia Dakota South company the lease in ducing oil wells and rounding 240-acr- e surWes- ton County, Wyoming, plus a uranium property producing known as the Montezuma Mine near Monticello, Utah. over-ridin- g Complete Insurance Protection Performance & Surety Bonds ALL FORMS OF LIABILITY Auto i Bought The also owns an interest in two pro- ODell said the merger will result in royalty holdings under some 144,000 pillar and other development acres of oil and gas leases and claims in five states. work on its 70 claims in Utah. YANKEE YATES SHUMWAY S0DAK anually. NELL INSURANCE AGENCY ULA PRODUCERS Kaufman, president, and Jack H. Lopata, secretary-treasure- r of Pacific Uranium & Oil Co. of Denver announced today acquisition of a 25 per cent interest in Silver State Uranium Corp. Silver State has extensive holdings, including about 190 claims and the Rock Haven mine at Uravan, Colo. Pacific is doing extensive caterAdolph - Fire s Theft M. G. NELL, Manager Phillips Petroleum Building Bus. Phone 47 Res. Phone 51326 |