Times Independent | 1929-06-20 | Page 1 | New Vanadium Company Organized

NEW VANADIUM COMPANY ORGANIZED incorporation the past week of the mining and refining company of utah Is announced as the first step in the development and operation of important vanadium properties in southern utah and the mining and refining of these ores on a bl scale the company it Is understood has been tendered a contract to supply a hundred tons of ore daily tor a period of five years to a big denver refinery the new company Is incorporated for shares with a par value of and has acquired seventeen claims containing ore va uranium and radium officers of the company include C A gibbons of green river utah president wm jones vice president J W hatch green river dr bracken of bangham directors tom atkalns salt lake mining man detary treasurer it Is reported that extensive development work has already been done one the properties which has opened a large quantity of ore the company also controls acres of placer bold ground in utah nine essays assays of ores from the vanadium and tem adlum claims show vanadium and uranium which manufactured into ferro id ferro uranium show a gross value PCT ton ot it Is eald that rada U manufactured into radium alts will give a value of per ton