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Show Page Foot THE WESTERN Mayday Assigns Lease For Mining Operation Mayday Uranium Company has given a lease on their Uravan property to Vagabond Mining & Leasing Corp. Vagabond is merging with Uranium Industries, Inc. an Oklahoma company, who will start mining these Uravan claims These claims join immediately. the United States Vanadium Co. property in the Montrose Mining District. Bert Christenson, former owner of these claims estimates in excess of $3,000,000.00 in ore on the February 17, 1936 MINERAL SURVEY Vitro President Notes Power Fuel Progress, 'Rare' Metals Significance Utah's Mining Tale Told in Booklet "Utahs Mining Industry,1 an historical, operational and eccx nomical review of Utahs mining With the pace that has been set by the atomic era, we can be confident that we will have industry is now available. more metals arid better metals than ever before, and that they will be put to uses that may now Prepared by the Utah Mining Association, Miles P. Romney, exist only in our imaginations." manager, the book has been dia enumerated tributed in Utah to public offiEugene B. Hotchkiss, vice president, Vitro Corporation of America, recently cials, business lenders, chambers the new metals and new uses of old metals before the Colorado Mining Association. "civic groups and He pointed out that with the new and more exact methods of detecting and locating min- of commerce, science teachers in the states eral deposits, new and low cost mining methods and great advances in chemical and metallurg- schools. property. ical techniques, analysis and research, the future of the metals industry is increasingly bright. It is available to any interested He was optimistic, too, on the future of uranium in the nuclear era. persons, Romney said. Romney . . To show what a vital place the metal industry has in the atomic age, Mr. Hotchkiss gave was assisted in preparation of SLAB ZINC smelter stocks at illustrations of his own companys activities which involve the factors of new processes, uses and the review by Walter M. Horne, assistant manager of the UMA. the end of 1955 totaled 40,979 sources of metals. tons vs. 124,277 at the end of 1954, a heavily shielded, remotely con"Unsettled internation condi- without expensive or cumber- earths. despite a record domestic productrolled chemical separations fation and a 20 per cent increase tions will force an unprecedent- some equipment. Reactor-MetSource for the reprocessing of nuin imports. Domestic consump- ed effort in the next decade to Vitro is delving into various In considering new source of cility fuels is so high as to be a our clear self to sufficient 21 make cent tion increased country per substances the raw metals nuclear reactor, .the particularly in factor in the producsubstantial raw to materials and obtain material 1,080,000 tons. to find an Hotchkiss said, the scientists tell Borax of electric tion DAWN URANIUM entered in- more and better fuels to power answer, he said. power from an us that when 1 gram of Urareactor. atomic to a profit-sharin- g agreement our industries. His company, he continued, is nium 235 is completely fissioned But paradoxically, he added, it with Target Uranium and is Showing how Vitro Corpora- working 'an unconventional tech- or burned, only 110 of 1 per cent Is precisely the waste product to at ore the stockpile starting the details of which he its mass is converted into heat stream from such a tion, well known on the Colorado plant that Target property in the Mount Plateau as a miner and refiner nique, did not disclose. energy, while 99 and 910 per may furnish us new and valuable ship-nin- g A An EC district. Spokane of uranium ores, has advanced However he added, I am will- cent remains as a composite of materials and contribute to a permit is expected next toward becoming of independent ing to wager that the range and fission products. lower overall power cost. week. the present day reactor the In Mr. Hotchkiss sources, foreign of 1956 our of speed planes jet GRANDVEW MINES reported burn-u- p is very low, seldom goVitros Activity a 1955 net loss of $28,000 and re- outlined a new program being will be significantly greater be2 1 cent of or the used the in per manganese field. cause of this new use of one of ing beyond vealed it is planning legal action Vitro has been closely associatavailable fissionable matetotal more our comon metals. against American Zinc to recover I feel sure that within a decrial before refueling is necessary. ed with the field of reprocessing damages which it claims to have ade our country will be able to Rare Metals Future The discharged elements are reactor fuels since 1949, Hotchsuffered for alleged breaches of supply its requirement of this Hotchkiss predicted new highs both thermally and radioactively kiss reports. . the working agreement. vital material (manganese) from for the rare and At present Vitro is working on scarce metals just hot, as well as toxic, and must domestic ores, Hotchkiss said. contract a the only one of its now coming into their own in the be collode under water for a pewithin the riod of several months before it kind undertaken metals industry. Power Problem Industrial Cooperation rare and is safe to handle them even with A.E.C.s "Among the to develop the design of the the Program Despite splitting scarce metals, is a very interest- remotely operated equipment, cost data for an incriteria and atom which lead to vastly insaid. ing group called the rare earths. heavily shielded, he & owned and operated creased potential supply of power, dustrially "This name is a misnomer, he Valuable Waste Hotchkiss pointed out that a reprocessing facility. said, for they are neither rare, Hotchkiss concluded that withThe large quantity of unspent large part of our energy require- for considminerals exist the in hot in the past few weeks, the A.E.C. uranium in these fuel slugs ments in the foreseeable future ' are and erable abundance, they to is too valuable will continue to be supplie by condiscard, Hotch- has announced its intention of true than earths rather metals, kiss said and the plutonium requesting American industry to ventional fuels. For use in small like lime and magnesia which formed has a value like units trucks automobiles, primarily for take the responsibility for just Ed & Nellie Aures and house heaters, he said, reac- ihey were thought to resemble weapons, but the cost of operating this sort of undertaking. tors would be neither practicable when they were first discovered. lie said of the 16 rare earths nor economical. a few have reached a signionly The problem faced is this, aclevel of industrial use. ficant cording to Hotchkiss, "the new 603 W. No. Temple Continuing Hotchkiss said: fuel must give us more heat enOne of the likely contenders for of more ergy per unit weight B & D an increased Industrial importBTUs per pound than our Phone EL 53 present fuels; it must be light in ance is gadolinium which curweight; it must be cheap and it rently is marketed in research Complete Line of Texaco Premium Oils must be easy and safe to handle quantities for about $600 per Mining Hilites . al so-call- Nellie's Bottle House Ed TEXACO SERVICE 5-09- PROSPECTORS DREAM This 6x6 fandem army truck with homa-mad- a body, as pictured, especially designed lor mountain living: Two comfortable bunk beds; butane gas stove and refrigerator; plenty of built-i- n shelves. Balance of body closed in for horses or pack animals; built-i- n fail gate ramp. Actually designed for prospecting but can be used for drilling, sheep camp or hunting vehicle. Used only six months and must be seen to appreciate. Priced to sell as thb company has completed exploration program. Can be inspected at AUTO CO., 7th and North Avenue; Phone 2503 or write P. O. 207, Grand Junction, Colorado. FIDELITY Box pound. Present interest in this metal is due to its remarkable property of absorbing neutrons. Various elements differ sharply in their atomic structure, some being transparent in the sense that they freely permit the passage of neutrons, while others are opaque to neutrons and absorb them. Safety Material Among the metals, according to the Vitro president. Bismuth rates .032 barns per atom, while Gadolinium with 44,000 barns atom has by far the greatest neutron absorption cross section of any of the elements. "In other words; it is the most effective shield against the damage and health hazards caused by neutron radiation. But at $600 per pound it is obvious why gadolinium is still pretty much of a laboratory curiosity. When nuclear powered aircraft locomotives or even ships are being designed, where weight and bulk may be critical problems, Hotchkiss said the superiority of a thin sheet of this metal in place of vastly thicker and heavier shielding may open up an exciting new future for gadolinium. "This is just one of a horde of compelling reasons fo ran all out technological attack on the rare GAS LUBRICANTS Insist on Marfax Lubrication Our Specialty 1353 Indiana Ave. Phone EM 3-09- 03 SALT LAKE CITY, UTAH RAY DRILLING COMPANY, INC. EXPLORATION DRILLING AND CONTRACTORS ELgin 5-93- 45 343 SOUTH STATE STREET Salt Lake City 11, Utah |