Show Rush to t to File Mining Claims Claims Continues Interest in the recently re re- re revived revived mining possibilities of this section continues at fever heat as 8 mining claims filed on the Brush Creek Mountain 20 miles north of Vernal in the th vicinity of the old Dyer Mine total Of these have I been filed since August 15 Ad Ad- Additional I claims are being filed daily dally as the rush continues con ues Of Interest to the hard rock fraternity is the option and lease which was recorded this week between Merrill Goodrich and C H Frost Tulsa Okla The option covering Goodrich Goodrich's claims In Section 21 Twp 1 S Range provides that Frost will investigate and ax- ax examine amine with geological and nd geo geo- geophysical geophysical physical experts the land for de de- de determining determining the the existence of min min- mineral mineral eral If the investigations establish ore o r e bodies which warrant development Frost agrees to move suitable equipment on the property and drill holes to de de- de determine determine termine richness of the bodies If the findings indicate the ex ex- exIstence of ore bodies sufficient in quantity and richness to war war- warrant rant commercial operations then the option will be succeeded by bya bya a lease The lease provides for certain royalties the rates depending on whether Goodrich or Frost dis dis- discover cover and develop the ore are bodies An annual lieu lease Jease ease pay pay- payment payment ment provision n in lieu Ue of royal royal- royalties ties is also included in the event the mine should be closed by war acts of God strikes or economic conditions Provision is iff also made per per- permitting permitting Goodrich to continue his hIa mining operations juu and if ore strikes strikes- are arf made ma they may be Included to n the me the lease l ase for de de- de deel royalty el j by Y Frost rost with royal ty r Goodrich ri 1 Ii |