Show Alco Aleo Uranium Hits G Good od Body of OreIn Ore are OreIn In Montezuma Canyon Alco Uranium reported this week that Its Us mining operations had enc encountered unter d a six foot face of high grade ore In Its Montezuma Monte Monte- zuma Canyon mine in San Juan County The new ore discovery Is said to average from 70 to 1 with witha a oa center vein one t rp tp two feet thick running from two to three percent Also Mso the ore strike is showing good pro prospects of main taming its Initial promises ac according to Maurice Byrd of ot Courtesy Realty The mine Is located In the Morrison formation George Anderson president of Alco Uranium announced that full tuB scale production will be put Into effect Immediately ly Ore shipments are made to Shiprock N. N M. M and in the past have bave b been n averaging from six to fifteen tons per day Mr Byrd said It is understood that several offers for merging have been made by larger arger arger corporations and end this possibility Is being considered consid ered for a future time Alco Uranium stock has haa tripled from 1 H B cents to 4 4 cents per pei share In the past week on the Cromer Brokerage Co board |