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Show Uranium Company Encounters High Grade Ore Prank Morgan, president of the Chute Canyon Uranium Company announced this week that extremely extreme-ly luSh grade ore had been encountered en-countered in the face of a tunnel being- driven on the company's claims in the Temple Mountain Mining District. Two samples tak- en from the tunnel and analyzed by J. Earl Smith of Smith's Laboratories, Lab-oratories, Moab, Utah, assayed 27.34 and 9.18 per cent uranium oxide. Several small shipments of lower grade ore have been made from this site durin gthe past several months. At the same time, it was announced an-nounced that the company's drilling- operations would commence within the next few weeks under the supervision of the company's consulting geologist, Dr. George Hansen of Provo, Utah. The public offering of Chute Canyon Uranium Company stock is presently being completed with James E. Reed Company, 425 Judge Building, Salt Lake City, Utah, is principal underwriter. |