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Show JAimWMBWIllWWW Alaska Mining May Be Resumed & s N On Large Scale, Say Experts - tom-rrow- New Standard Refinery gest mining interests are out in the field examining prospects in the light of present prices. Much ground is being prospected and some is being taked. The mining industry in the states has not been in very healthy condition recently, either. What it wiP take to put southeast Alaska and mineralized areas elsewhere back in production will be a sustained favorable market, continued prospecting and either a reduction in labor and materials or a federal tax incentive plan favoring mineral production. When economic conditions in the mining industry improve, southeast Alaska has the stuff to support substantial production. Grants Beckons To Prospectors For GRANTS N. Mex. the ordinary fellow trying to break into the uranium business, Grants, N. M is a good place to go, according to several local successful uranium men. Plungers who dove headfirst into one of the riskiest businesses and came up with the jackpot say theyve only scratched the surface. Hughing Williams, who in a short time realized enough from uranium to buy a local restaurant, almost any fellow with says, some brains and a lot of ambition could make a go of it. Every indication seems to bear out his statement. The ore mill here is adding on so it can handle double its present capacity. And almost all mining so far has been open pit. Nobody knows what drilling might turn up. As money and people pour into Grants by the d.y other businesses look good, too. Just as he moved into his new offices, newspaper editor Sherman Ford Jr., said, At this rate any business venture is bound to pay off. The risk is even less in business activity because Grants, The Carrot Capital of the World, shipped out 1700 freight cars of vegetables last year. The regions far from being dependent on uranium alone. A U. S. Gypsum operation here is quietly cutting away at a mountain of perlite for use in plaster. About 40,000 tons were processed last year. As Mayor Dannenbaum says, its low taxes, mild climate mixed with enthusiastic people and, of course, uranium. The potent mixture has awakened this sleepy town up to the fact itll soon be a 10,000 person city serving as New Mexicos atomic energy headquard Standard Oils new Williston Basin refinery has begun converting 30,000 barrels of North Dakota crude oil a day into gasoline, fuel oil and other petroleum products. The refinery is supplied with crude oil by a pipeline from fields in the northwest part of the ters. state. Products will flow eastward to market by pipeline, linking at Moorhead, Minn., with 2,174 miles ot the companys pipelines that serve the middlewest. 156-mi- $, . T' bv , ' x. 0w Jy, i s - A "' ttv VJ ' . V. V' - jot t V cX S V Mining is one industry in con- irg, southeast Alaskas mining trast to ail the others in southindustry today s all potential. east Alaska which is so quiet that But the potential is great. The difference now over the past a person coyld hear a pick drop, says George Sundberg in a recent is that some of the nationss lar- article. In an area of a dozen former major producers, where a single mine, the Alaska Juneau, employed 1,000 men, there is not now a single active mining operation employing as many as half a dozen men. Yet the stirrings of mineral scouts throughout southeast Alaska are so insistent, the interest of large manufacturing companies in search of raw materials is so pronounced, the p omise of future production is so bright that mining takes its place alongside power and the forest industries as a corners stone of industrial economy in the area. Instead of gold, the minerals being brought under the spotlight for future development are iron, nickel, and copper. Though none are being produced today, all are being intensively examined by representatives of the largest stateside companies. When gold u ss king in the region, the AJ nrned $80,843,000 worth of the precious metal from 1893 to 1944 A group of five mines at Treadwell earlier had accounted for $67,524,000 in production between 1885 and 1922. The Chicago area had contributed more than $20 million in production. Other mines of significance Included the Alaska Empire at Hawk Inlet and the Salt Chuck on Kansaan Peninsula. An era came to an end when the last wheel at the Alaska Juneau stopped turning in 1944. The big mine on the hillside above the capital did not run out of gold. It is estimated to have reserves which would permit another 15 years of activity on the scale which existed throughout the 1930s. The AJ and all the other low grade lode geld mines ran into a high wage and cost disintegrating situation. The other gold operations in southeast have simply closed. When they operate again and the long view of history indicates that gold will again be worth the seeking southwest Alaskas lode gold mines will probably mine selectively, reducing the unit cost ot operation, and the life of the mines, by handling only the higher grade ores. With not a real mine operat- - j -- x V '5' - l-s-r tJ ' v.. r v V1" iv5"V' . e X V 3tf. 1. a. v, $L. V a" '' T ji V H- i, r & ,' vfr && J . $ f- issf cJ Compliments of HENDRIE & BOLTHOFF CO. Denver and Grand Junction Colorado ' . 3, .v iiiiii)rtilTri'iiri i&&8 irtfrin (Tifrrii LOOKING ACROSS Colorado National Monument toward the Bookeliffs across the fertile Grand Valley of the Colorado River. Monument Rock is in the foreground, and rich farmlands can be seen in the distance. Western Hay Acquire Excaiihur Uranium Co. Geiger Counter in Car Spots Western Development Co. of Santa Fe, oil and gas producer, plans to acquire the Excalibur Uranium Corp. of Utah, William E. Scorah, president, said recently in an interim letter to shareowners. Scorah said the company also would build a mill to produce lead and zinc concentrates near Santa Fe as part of a program to further develop its lead and zinc properties. He reported that shareowners of Excalibur representing sufficient stock to assure completion of the transaction have accepted Western Developments terms. If all of the outstanding securities of Excalibur are acquitted, 0 Western Development will pay in cash and issue 62,500 additional shares of Western development stock, he added. Western Development was incorporated last May and financed through a 300,000 share offering marketed by J. G. White & Co It was founded on the basis of existing oil and gas leases covering 26,080 gross acres, 23,920 of which are located in the San Juan Basin of New Mexico. The U. S. Geological Survey has prospected for uranium with a carmounted geiger counter since 1945. The basic principles of the technique are simple. Rocks and "3 of abnormally high uranium or thorium content are surrounded by an equivalently high gamma radiation field. An U-O- re abnormal gamma-radiatio- n field that extends across a road or highway can be detected at relatively high speeds by a car or truck equipped with a suitable geiger counter. Once detected by car traversing, the deposit can be examined with light portable instruments, and the better portions sampled. The prime advantage of the technique is the rapidity of the scanning process, 100 to 200 miles per day. which permits exploration of large area in a short time. car-traver- Distributors of America's Top Rating Lines: Since 1913 Construction Equipment Write Us for Specifications of New and Used TRACTORS $50,-00- AIR LOADERS COMPRESSORS-EXCAVAT- ORS SALES - SERVICE H. Ph. AL. SHOVELS - PARTS - RENTALS V. MOORE EQUIPMENT CO. P. O. Box 2491 71 5990 Colorado Blvd. Denver, Colo. Palisade Mountain And Helicopter O Exploration & O Property Management Development Leases Bought and Sold Now Operating and Mining in the Four Corners Area BQOGE URRMIUM CORPORATION 212 Uranium Center Building Grand Junction, Colorado Phone 4313-- W C. V. MILLER CO. Pipe Line Construction Engineering Station Construction URANIUM AERIAL PROSPECTING, Ph. Westwood 2040 So. Navajo St. Denver, Colorado INCORPORATED A Subsidiary of Dodge Uranium Corporation Using a Bell Helicopter and a 1955 Piper 150 Super Cub, with Scintillometer and two way Radio and Jeeps equipped with two way Radios and Geiger Counters. Photographic maps made showing Anomalies or radio active areas. Oil surveys made. G-- We Cover The Colorado Plateau v - 'x-- X - f -- tr u, 'sai Xix N ' 4 fV - tr - r Reorganized Formal recognition that uranium mining in the West is developing into a permanent industry came from four government agencies, Colorado Highway Engineer Mark Watrous disclosed recently, when they agreed to put development of access roads on a permanent basis rather than an emergency basis. The decision was reached, Watrous said, at a meeting in Salt Lake City involving the Colorado and Utah Highway Departments, the U. S. Atomic Energy Comission and the Federal Bureau of Public Roads. that Utah Watrous reported road commissioners are heartily with Colorado efforts to in accord have one route through Colorado between Denver and Salt Lake City placed on the federal government's interstate highway system. '"' wS j Uranium Industry Is VC,C sM 47 |