OCR Text |
Show 110 Million Feet of Uranium Drilling A total of nearly 110,000,000 feet of surface exploration and development drilling during du-ring calendar years 1969 through 1972 is planned by the domestic 'uranium industry, in-dustry, according to a survey sur-vey conducted by the Atomic Atom-ic Energy Commission Office Of-fice in Grand Junction. The total cost of this drilling drill-ing program by private in- i i i" . dustry is estimated at $178 million, . which includes related re-lated technical and administrative admini-strative costs but excludes the cost of property acquisition acquisi-tion and exploration rights. The 109,600,000 feet of drilling drill-ing planned by the industry in 1969 through 1972 compares compar-es with an industry estimate of 98,850,000 feet for the four years 1968 through 1971 as reported to the AEC in the summer of 1968. The new estimate is based on replies from 54 compan- |