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Show July 20. 15 Page 3 The Western Mineral Survey, Salt Lake City. Utah ILCompany Buys Oil Leases In Rich Oklahoma Fields Moab Uranium Co. GRAND JUNCTION, Colo., July 19 revealed today it has obtained a working interest with R. A. Pitzer, I Junction private operator, in three leases in the rich oil day Osage County, Okla. report estimates gross value of ore in the Golden Wonder gold Osage County in the fiscal year ended July 30 produced : one per cent of all oil over at near mine here $7,000,000. ent summajT showed 31 States oneUnited in owns marketed the a Moab Uranium 23 locatlo s quarter interest in the property, according to an official report siaKea C?in pleted one C. M. Hickman, executive vice made public this week. Produc-of Moab Uranium, said tion from the county was equiv-thcompany, with others, ac- - alent to 10 per cent of all an option to purchase the homa production in the last Wonder and two other cal year, and royalties brought mines last winter. The option the Osage tribe over $20,000,- was exercised and the purchase 000 in the period. A The report also showed 1(627 RoGGCI ACTIVITI6S completed July 13, Hickman wells were completed as produc said. Deer stockholders re- ers In the county during fiscal 1 elected eleven directors at their Buyers, each with Site of new mill will be near FAMOUS GOOSENECKS interest in the three, properties, 1956. annual meeting held July 9 in Mexican Ilat on the San Juan River. Leases in which Moab Uranium Marysvale, Utah, are Moab Uranium; L. D. Norris of Deer River, Minn.; A. F. land Pitzer are interested orig-Directors present and reelected Norris of Perry, Mo., and R. A. inally were purchased from were Rex Smithj John Wilhelm Pitzer of Grand Junction, Colo. Steve G. Pappas of Grand June- - and R D ward of Marysvale, Sellers were Vickers Bros, of tion by Mountain Top Mining & utah. Carlyle Hunt, Richfield, Lake City. Terms were not dis- - Milling Co. Pitzer was in Okla- - utah; Allen Frear Deverf DeL. Texas-Zin- c homa this week to stake well lo- - E R JoneS Wilmington, Del.; closed. Mines which changed hands, in cations and attend the tribal lease R y Anderson and I. N. Fehr addition to the Golden Wonder, sale held Wednesday. Jr., of Dallas Tex.; William J. The U. S. Atomic Energy Com- months. The TexaZinc Minerals Moab f Gn0me and the Detr?it the ? thelWere Kurth, Chicago, 111.; Dwight l! Minowned by , mission and the Texas-Zin- c 1. lease. are meUl SS-properties. Klng and q. f. Treseder of Salt and the New Hlckman Mld erals Corp. have signed; a confav exceptionally Lake ' City. tract for the construction and Jersey Zinc Co. orable engineering reports have Officers of the organization are Texas-Zin- c uraa of operation by Under the terms of the jpon- - been received on all three mines. tween two tracts with producing j0hn w". "Vilhehnr jwidenT; nium processing mill near Mexi- tract Moab Uranium already has wells, Pitzer said, the uranium concentrate can Hat on the San Juan River work, of the new mill will be done considerable clean-uin southeastern Utah, it was an- product Hickman said. Now that the pur-- interests in Osage County, and urer; merit a on Commission to sold the Carlyle Hunt, comptroller. nounced today at the Grand Juncchase has been completed, the basis. was named general Wilhelm Mr. price tion Operations Office of the - companyhopes to have all three the fifth consecufor manager Commission. Uranium, ores from the White mines in operation by Sept. 1 tive year. Construction of the plant is Canyon area of Utah, and the The company some time ago The directors also yoted to to with soon, Aribegin Monument Valley area of expected a mill site near Lake purchased Arundel Mining Co. a two-yegive completion scheduled in about 14 zona, will supply a part of the city and expects to erect a pro lease extension option to be plant feed. cessing mill this summer. exercised by July 1, 1957. The extension to run from Jan. 1, In addition to processing ores Steel Strike Affects 1958 to Jan. 1, 160 under the owned, leased, or otherwise' conterms which provide for the existing trolled operating company, Small Oil Drillers by Utah Copper Division of Kenne-- a minimum $80,000 per year ex a certain amount of amenable cott Copper Corp. honored 58 penditure on the presently leased New Mexico. Survey. Bureau ores ..will be purchased from inBingham Canyon mine employees portion of the Deer Trail Mines of the Oil field sources in New Mex- dependent producers who 'will retire Aug. 1 at an in- - properties, alico say that the steel strike formal buffet luncheon at the . ' Mexico New Bureau Survey The- plant site is about one Gemmell club Monday noon. Each ready is affecting many small A in district Gallup, judge drillers and will hit the larger mile south of Mexican Hat. retiring employee was presented N. M., has handed down a deci- - a framed service Certificate dur firms soon if it continues. Its water supply will come sion that ipay effect the entire hng social hour, In. Lea County in southeastern from the San Juan River, and uranium industry in New Mex- - Attending were L. F. Pett, New Mexico, the number of rothe plant and related ico. eral Manager, Utah Copper Divi- tary rigs now operating has facilitiesforwill a Charles be provided by Albuquerque attorney si0n, y. S. Barlow, Superintendent dropped to 90, seven less than e a week ago and 13 less than two high voltage line connecting with Spann explained that the decision 0f Mines, and other company Meat & lines was made by Judge Clyde C. Utah Power ficials. Light weeks ago. Rancha Utah. filed in suit Culloh Blanding, by Length of service on the part of Throughout the state, the total ers and . . . Development Exploration , ,, retiring employees varied from number of operating rigs is reto firm The enjoin ten year, to forty-eig.ought year., ported at 137, compared with edge of the Nova jo Indian Rea Corp. . in their claims from affair wa. of the entering 152 .two weeks ago. charge ervation, about 5j miles south of O. L. the jn process Hamlin, Employment on State Highway L, explo;ine 0&L and developing tor. No 47, 'them. The 58 employees are part of 118 said court who will be retired effective held that the Spann as long as the corporation was in Aug. 1 throughout Utah Copper CUT MOTOR possession of the claims that it Division operations. Sixty retiring had filed, and was, in good faith, employees at the Mills will be carrying on a program of explor- - honored July 31 at an open house INVENTORY! ation and discovery, it was not at both the Arthur and Magna necessary for it to have discov- - Mills. At 11:30 aun. the group will OIL AND GAS property is our (commercial $uantities of gather at the Utah Copper Club Now we have General second name. Tell us what you uranium ore at the bottom of Uor a light snack and soft drinks. d 55' Electric New Mexico Survey Bureau want. We perhaps have it. each A number of company officials pit. in 7H stock motors 5, United Uranium Co., First NaThe attorney explained that are expected to attend. 15 20 Don't and There may be uranium on the 10, hp: tional Bank Building, . Tulsa, the ruling meant that the firm are Retired invited tie-u- p Acoma Indian Reservation In in employees money your Oklahoma, Phone Gibson was entitled to protection to visit throughout the plants dur-- ) New Mexico but the Acomas motor stocks. Well give clandestine or adverse ing the day. Transportation will against cant find anyone interested in service on you OR SALE LEASE ab-- 1 be furnished in case FOR the to entry wish during temporary they for it. looking these motors. For all your sence of its employees. visit friends at other operations. The tribe recently offered motor needs emergency DO YOU WANT good mining acres of its land for uraor call write Then or otherwise pick up properties? nium exploration, notifying 400 us. We haye a long list of satisyour phone and "Dial companies and individuals of the fied customers. United Uranium ME for Motors.'Buildoffer. Bank National First Co., && CM a But came. time for the' bid op Phone Oklahoma, ing, Tulsa, Gibson ening and there were no bids to be opened. . General Electric Primary factor in the discour12 PRICE SALE Supply aging lack of interest is the fact & Assoc, that Freeport Sulphur Salt Lake City, Utah Brand New explored the same area. recently c Phone EM The company spent $400,000, SCINTILLATORS found some ore but decided it Boise - Casper REG. $495.00 Model 1UB. ...$849 wasnt worth the expense to mine. REG. $899.50 Model 117... $149.75 Butte - Denver What makes it tough for the GEIGER COUNTERS luckless Acomas is a Billings - Albuquerque ' $75 REG. S149.50 Model 107C situation. Less REG. $189.50 Model 197B... $69.50 than 20 miles away, on the La149.50 REG; $95.50 Model 106 Authorised Distributor guna Reservation, is Anacondas SNOOPER huge Jackpile Mine and not much iLECTRIC GENERAL 184.95 REG. $89.95 further are the recent rich finds MOTORS in the Abrosia:Lake area. Sears Roebuck & Co. The Indians havent quite giv754 So. State - Sail Lake City en up the offer stlll is open.' LAKE CITY, Colo. July 16 I banrdenfcntdSertl i -- weeK-preside- 1 e Okla-quire- . d fis-Gold- en 1 12-mon- th i t I one-fourt- . h I 1 Millln Coop AEC Plans In Utah With j Fll' jr be Jmnv I I I I p , ar Commercial Ore Not Needed For Protection . 1 - - . Gen-pow- er . . of-th- Ler, ht I Direc-Blandin- g Got Lots Of Ore But No One Seems To Care I Tri-Cla- 10-fo- ot I 24-ho- 60,-95- ur 0 - 4. 11 famine-in-the-midst-of-plen- ty m DA-14- 1 |