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Show Wocfe Hfgs firm Jo ovqIeqIq holdings could get the mining operation oper-ation underway. A fire in 1976 caused approximately ap-proximately one and a half million in damage to three huge thickner tanks, and other parts of the copper leaching operation. While these will not be used in the present barite operation, repairs re-pairs would be necessary before be-fore the mill could be utilized for making copper concentrates. Toledo Mining Company announced Monday it had reached an agreement with Plncook, Allen and Holt, of Tucson, Arizona for a complete geological, meta-lurgical meta-lurgical and economic evaluation evalu-ation of its Milford, Utah Copper property. In making the announcement, announce-ment, Anthony G. Hatsis, president said, "We are delighted de-lighted to have contracted with the Pincook firm, which we consider to be one of the Omore outstanding consulting firms in the mining industry, to do a thorough study of the Milford property. This agreement is another major step in the evaluation of Toledo Mining's properties and is in line with the com -pany's stated policy of aggressively ag-gressively seeking foremost fore-most experts to make new evaluations of property with value and potential that may not have been fully recognized." recog-nized." "Once the study is com -pleted, we expect to have a broader idea of how best to realize this potential." Toledo Mining's Milford holdings contain 35 square miles of property. In the past both theShieldDevelop- ment Company, Ltd., of Toronto, Tor-onto, Canada and Essex International In-ternational have mined the property. No mining has been done since 1975. In its 1970 annual report, Shield Development Co., estimated es-timated the property at 84 million tons of 1.1ft copper bearing ore. The study by the Pincook firm will start immediately, and will include in-clude evaluation of minerals other than copper. The property contains quantities of silver, gold, molybdenum and tungsten. The Pincook firm will also make a recommendation as to whether additional geological geolo-gical exploration should be conducted to increase reserves. re-serves. At present Consolidated Mining Investments, Inc., is leasing portions of the mill for float separation of silver and other minerals from their barite mine north of Milford, and plan to ship barite. That operation got underway under-way just two weeks ago, though the company had spent several weeks in cleaning up and getting the mill ready, while waiting for weather conditions to improve so they |