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Show April 28, 199 Page 7 OIL & MINING JOURNAL Magnesium Plant Manager Sourdough service and market develop- National Lead Co. has named E.F, Erbin as general manager of its recently announced $70 al commillion plex on the shores of Great Salt Lake. Erbin was formerly with Titanium Metals Corp. of Amsubsiderica, a jointly-owne- d of National Lead His Co. iary most recent assignment was general manager of technical ment. Erbin, who presently lives metal-chemic- in Chatham, N.J., holds bac- helors and masters degrees in metallurgical engineering from Massachusetts Institute of Technology. The National Lead complex, to be known as The Magnesium Project, will be the first commercial venture to extract magnesium and chlorine from the lake brines. It is scheduled for completion in 1971. E. F. Erbin Bends Magnesium Project If there Is anything harder than breaking a bad habit its trying to refrain from telling people how you did it. The man who laughs at the boss jokes may not have a sense of humor, but he certainly has a sense of direction. In be us to $328,424 Loss SALT LAKE CITYChief - goal previously announced by Consolidated Mining Co. and its Kennecott, Fitch said in the subsidiaries sustained a just issued annual report. However, the production rate $328,517 loss in 1968 compared to a $103,424 loss the year averaged 349 tons a day for the 255 operating days of the year. before. Cecil Fitch Jr., chairman and While Chief had received chief executive officer, said the some $114,805 in royalties in loss was occasioned by the fact it received none in 1968. 1967, that Kennecott Copper Corp., its This was because The lessees had encountered exceeded income. expenses difficulties at the unitized Under the silver-lea- d agreement. Chief zinc mine. Burgin a 10 to 25 per cent receives These included raving based on the lessees net ground, mud flows, flooding, royalty income. heavy concentrations of sulphur dioxide gas and sticky material FITCH EXPRESSED in the skip loading pockets. confidence that Kennecott will AFTER THE NATION-WIDlick the technical problems and closed which that we can look forward to copper strike, down Kennecott, it was receiving satisfactory royalties expected that production at the from the East Tintic lease. mine would return to the former He noted that ventilation rate and gradually borehole drilling to bring fresh increase to the air into the operating stopes had been moderately successful. The problems of deep well construction have been solved, -- and two wells being completed from the 1,050 foot level should dewater the ore body to the west which is necessary for continued mining on the 1,200 and 1,300 foot levels. KENNECOTT lessee-operato- r, NOW estimates the production rate will reach 800 tons a day by fall. The new concentrating mill is now in operation and should improve profitability, Fitch said. -- From April 1 through December 31, Kennecott produced 66,168 tons of ore from the Burgin Mine, E 718,857 ounces of silver, 20,452,678 pounds of lead, 21,970,668 pounds of zinc, 205,636 pounds of cadmium containing and 614,038 pounds of y manganese. 800-ton-a-d- COLORADO SPRINGS, Colo. The Golden Cycle Corp. conducted an enlarged mineral exploration program in 1968 on properties owned, . leased or under option in Colorado, Nevada, Wyoming, Arizona, Utah and New Mexico, cover. Advice to mothers who want a few minutes to themselves, alone and undisturbed do the dishes. If you have half a mind to get married, do it. Thats really of new ones were acquired. Its going to be an interesting afternoon, 20 years from now, when the kids find their folks treasured old protest signs in for potential significant or carbonaceous sub-micr- gold on of these deposits.are Some Mill located in the according to the companys properties d annual report. A. Canyon area in the newly-issue- Golden Cycle entered into two agreements in 1968 for Cortez George Payne is president of quadrangle. Golden Cycle. GOLDEN CYCLE did Some locations were dropped trenching operations on part of during the year, and a number its properties in the Cripple School will be out soon and it is getting toughter for a high school kid to get a job. There just arent enough vice president openings to go a-ro- the attic. The financial genious of the age is the guy who set the timing at the car wash so for 25 cents you can wash 88 per cent of your car. If at first you dont succeed, call in a professional before you ruin everything. self-servi- ce Nows the time to check the spring seed catalogs to see those glan whatchama-calll- ts A friend says he must be a one man generation gap. would have looked like if they had ever come up. Colorado, the report continued. Although gold mineralization was revealed, samples taken were of insufficient grade to justify commencing open pit operations and the reopening of the gold mill. The report stated that Golden Cycle has acquired properties in several counties in Nevada with Most of those predictions about the year 2000 are being made by people who know they wont be around then to explain why they got it wrong. all it takes. what Golden Cycle maps exploration uranium exploration in Wyoming, under which its share of any profits after payout would be, respectively, 60 per and 80 per cent. Creek Mining District of cent cant tell a book by its But when you see the word tax in a headline you can be pretty sure youre not going to like the story. You grow up. i Troubles bubble at mine 460-ton-a-da- the United States will which gives seven about years in which 1976 200 years old mature and stll doesnt like dlrtv movies. Hes Some women look well In slacks but that does not apply to the bulk of them. When Congress isnt busy it . gives them time to think and before you know it, they vote themselves a raise. The best gift for a man who has everything alarm. is a burglar Deep thinkers are trying to explain the generation gap. For a start, they might look the rumor that some ..into Im still trying to figure out people are older than others. who popular prices are popular with. . MINERAL ACTIVITY INFORMATION We Specialize in over the counter. Intermountain area, MINING STOCKS. We have information on the following stocks: Consolidated reports from active Wyoming counties, shows where staking and leasing is being done and who is doing it. MONTHLY: An map each month showing mineral activity at a glance. WEEKLY: up-to-d- for more information call or UTAHS FIRST (1) Trl Stite Inc. (2) Big Indian Uranium writo: BARRACO & COMPANY MINERAL ACTIVITY SERVICE HELICOPTER JOHN P. DEVER (307) SERVICE 123 East Broadway P. O. Box 801, Casper, Wyoming 82401 234-944- 4, Salt Lake City, Utah 84 Tel. (8011 TWX 521-33- XXX xn 1 n - A (lAins Nis Profitable Company Orgaeised 004-- 8 . Newhease BMg. i. trrrm-crjrrgijmJTrTr- i 32 : PAUL J. ANOELOS Sab Labe Cby, Utah iiimrum rrrrrrrrr EXCHANGE P.O.Box 11211 Salt Lake City, Utah 84111 MEMBERS WELCOME 359-20- 05 910-925-58- Contact: K. D. MINERALS COMPANY Major Cempaales. Salt Lake Airport . . 1 Sell, lease or option properties to individuals or major companies. 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