Show I Moab Mines I r 1 TV D Drill Programs Program Moab Mines Inc announced the beginning of two exploratory exploratory tory lory drilling programs on its uranium properties i In n t the h Blanding Standing and Uravan areas A drilling contract was wa'S sIgned sign between be be- between tween William J. J Owen tient bent and El I Paso Uranium company to do initiate drilling procedure on the Moab Mines company's and Beve claims four miles south of the Abajo mountains Equipment Is now In place and drilling operations are underway A wagon drill driB was delivered to Moab Mines Luc Lucky y Nine mine on Wray Wray- mesa In the Uravan belt where 2000 tons of oaf uranium urani urani- uranium um ore have been blocked out outon outon outon on three acres of the company's 80 SO acre acre lease ease here nere an additional ad ad- drilling program is planned to to determine the extent extent ex ex- ex- ex tent of the present ore are body and the tha most mist m sl economical methods Of continued mining Three ore shipments have been made as asa asa a n preliminary activities ties on on- Lucky Nine mine Moab Mines Mines' application for cle clearance arance to do offer oUel a public stock issue has been examined by SEC SECand and amendments pursuant ant to rc recent ent property additions are now being made The company com company com com- pany has received a contract from flOm a New N York firm for un un- i consideration |