Show BIG SYNDICATE WILL PROSPECT POTASH DEPOSITS IN GRAND COUNTY william armstrong of los angeles for himself and associates socia tes i has secured from the state land board the privilege of prospecting acting and developing 2480 acres of land in grand county etah for any contained mineral salts it is said that the state lease calls for a royalty of 5 per cent and that the chief product ex expected petted is potash stratas of which are said to have been tapped in sinking the oil well on the cj escot I 1 eagle c compans ompa nys property near thompsons Thomp sons while the 1 arlease Wr 1 J 1 lease eap e is isun i understood der stood to constitute a small fraction of the I 1 syndicates n I 1 ic tes holdings either eithur by direct lease or by option outstanding of n in leases in this field itis it is said to be the key to the e fa field for the past several months mr armstrong an and his is associates have had haa engineers geologists and lawyers bus busy I 1 y investigating investigation the possibilities of this field and A in obtaining rights tto develop the potash depo depp deposits sits if that shou should caprove la prove commercially practicable james E ebah bab cock coc cochand kand and C A jones jnes mining engineers 4 and 6 geologists geol ji s of la lp s A angeles fiade ve been chief of their field fild forces while the law aw firm I 1 of M morris 0 akis callister has appeared as counsel at herin hearings gf of the state land board f discovery of the grand county potash fields was inci incidental d E atal oil drilling operations carried on by the cres ce cent n teagle eagle oil company n near ea r thompsons Thomp sons utah these salts in varying strength were found at intervals from the 2000 foot level to fo the foot level of this well samples submitted to the geological survey occasioned considerable comment because of the unexpectedness of the find and the generally high quality of the salts it is said under terms of the state lease just negotiated 6 mr armstrong and his associates intend to start active operations within sixty days and to continue prospecting and exploration diligently with a view to making the potash from this source immediately available to the american fertilizer market which demands more than one half million tons of this product annually in a recent letter of intention to the land board the lessees lessels les sees agent set forth my principals contemplate a minimum annual expenditure of several hundred thousand dollars for prospecting and exploration purposes on this venture as this is obviously required in order to establish definitely the position thickness area extent an and d exact character of the potash bearing beds of course if the first series of drill holes show unfavorable results my principals aou would id drop the entire project but we are optimistic so far officially the state lands leas leased ed to this syndicate are described as sections 16 and 36 in township 22 south range 19 east section 32 in township 22 south range 20 west and section 16 in town township ship 23 south range 20 east a conflict for privilege running against eighty acres in the first named section the grand county p potash beds are expected to run from 14 cent upward in p potash as against the per cent per d from the brines at sal potash said to have been extrac extracted te some comparative data which eap exp explains lains duro cluro this gives section deep wells can be drilled why in the G rand grand county for the mineral salts another feature is a greater freedom from delete deleterious riou s minerals in |