Show UIA UIA Says Closing Cl sing of Monticello U-Ore U Mill is Absolutely Unrealistic At Present Time The Uranium Institute of America Am Am- The mill Is to be closed under erica Friday said that the closing clos clos- I order on one January 1 1 ing of the Monticello uranium Speaking to to assembled mine mill ill was absolutely unrealistic operators in Monticello Friday I evening Gordon A. A Weller Veller executive ex vice president of the organization organization organization or or- stated staled I am convinced convinced con con- vinced as many of the uranium industry veterans are that there are extensive reserves yet untapped un un- untapped tapped in uranium ore that could render positive assurance that this element of your economy could be maintained for a good goed many years to come Indeed 1 J it seemS seems absolutely unrealistic to contemplate the closing of this plant while at the same time tune new facilities with Increased milling capacities are still in the st stages of negotiation and early construction nl ni other areas I hope that this meeting will bring some concrete help with regard to the problem of filing your jour our ore are reports and also in regard regard re regard re- re gard to the prospective closing of the Monticello mill The Monticello meeting was the second regional ore reserve clinic which has been sponsored by the Uranium Institute of America America America Am Am- erica In connection with a vigorous vigorous vigorous vig vig- orous program to bring as firmly firmly firm firm- ly iy as possible to the attention of uranium miners and property owners the Importance of filing res reserve data data reports with theA the tho A Atomic Energy Commission before before before be be- fore July 31 1959 The UIA this week filed flIed formal formal formal for for- mal request with the Grand rations Operations office of the to extend the deadline for sixty days after finding that many operators simply would not be able to meet the tho July 31 deadline |