Show I Moab Mines Leases Luc Lucky y Number Nine Moab Mines Inc Wednesday ann announced the leasing of the Lucky Number Nine mine from Utida Uranium company of M j o a b. b Preliminary drilling and drifting operations show approximately tely 2000 tons of I uranium ore r blocked out on three acres of the eighty acre lease Located on Wray Mesa Montrose county Colo the mine is part paIt of the Lucky Number Nine claim one of four our claims Included in thel the l 1 lease e a as s e transactions between n Jack Turner and W. W J. J Owen respective presidents of Utida and arid Moab Mines Inc I Initial ore shipments were made in January when the fue Lucky Number Nine was opened open ed ed- Now that inclement weather has lias subsided Moab Mines Inc plans scale full drifting operations and mill mUl shipments to ito begin soon This additional mining property pro perty increases the company holdings to acres acnes which are located in to southeastern Utah's Seven Mile canyon area the Big Indian district and the area With its appU caton cawn for SEQ SEG SF clearance now being examined Moab Mines dines Inc Js Is preparing ring for tor a public stock Issue that will that tha b be underwritten under written in New York lork u |