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Show Compliments t . A? .of-- Bulk Rate '. r o.VA f- - V. S. Postage , M I- - mi (bmf kitty l A I I) Saifakf Citv, Utah 2091 PeryUtft Geologists inspect Utah mining Distriofyy? Geologists from Western states Tintic Mining District and Great spent Wednesday inspecting Utah Salt Lake to the Split Mountain mining districts, mountains and area of the Green River and northern Wasatch Range structural phenomena as kick-o- ff to the 22nd annual meeting of the On Thursday, the geologists met Rocky Mountain Section of the Geological Society of America. at Hotel Utah for a number of The field trips ranged from the symposiums related to the historic Vol. 1 NO. 11 and present role of geology. Notable was one tied to the centennial observance of the first funning of the Colorado River by Maj. John Wesley Powell, later to become a director of the U.S. Geological Survey. Seminars dealt with scientific achievements of the four western the bog defxZJUs in South of 1867 to surveys 1879, rock Dakota an iated formations in the Grand Canyon at ion and vole and the evolution of the Colorado Sessions dealt with geophysics, River in Arizona. sedimentology and geologic educaOthers dealt with the economic tion, hydrogeology, stratigraphy Implications of geology, such as and overthrusting. May 12, 1969 25 per copy Old mining town stirs, wakes, to new activity Virtually a ghost camp since the turn of the century, although remaining the county seat for Lander county, Austin will again hear the sounds of mining equipment as MM&S Mining Co. of Nevada begins producing silver this spring. Construction of a day flotation mill is nearing completion a half mile north of Austin proper on the Battle Mountain highway. With two ball mills serving separate banks of flve flotation cells each, the mill is equipped to handle 450 tons of custom milling daily in addition to 450 tons of MM&S ore, or to be put completely on MM&S ore. Stirling McKnight, president of MM&S, said the mill is designed to process ore containing four ounces of silver 900-ton-p- er per ton. Initial processing will be of the dumps left from Austin's boom mining days in the latter half of the last century, when over one hundred mines were located in the immediate vicinity. MWe have leased 83 patented mining claims from Hercules Mining Comuany" McKnight said. He explained that milling costs in Austin were high in the boom days, and as a result the mines ignored any ore that contained less than $75 worth of silver per ton. This went onto the tailing piles." Between July. 1865, and the Anal end of the boom" in 1891 hardrock miners extracted $25 million in silver from Lander and Union hills at Austin. At (Continued Page 2) Texas Uran. complaint A complaint has been filed by the Securities aiid change Commission in U.S. District Court in Salt Lake City, seeking to enjoin 29 defendants from further violation of the Securities Act of 1933 and the SEC Act of 1934, in connection with the offer and sale of the common stock of Texas Uranium Corp. Named in the complaint are Patrick F. Christian, Linda K. Deverall, Robert S. Jenson, Francis C. Lund, Charles N. Pierson, John W. Taylor, Gregg Anderson, Glen Ashley, Dennis Ashton, N. Grant Ex- General Transfer Butters, D. Donald Agency, Inc., Glenn, Louis Ivie, Raymond Mallory, Mallory Industries, Inc., Christopher S. Metos, Edna Montani, Calvin G. Smith, Harold D. Stoker and Sharon S. Todd, all of Salt Lake City; Max Forman, Coral Gables, Fla.; Raymond M. (Mark) Brown, Leslie I. Zacharias, RES and Associates, Inc., and Maurice Benjamin, aka Medwin Benjamin, all of Miami, Fla.; David S. Moody, Dplta; John Peacock, Manti, and Stoker Motors Co., Tooele. . QUIET AND SEEMINGLY abandoned in photo, this mill equipment will again soon be producing silver as MM&S Mining Co. of Nev- - THOUGH ada starts production at mine near Austin, Nev-th- is ada. Company has assembled a mill which will also handle custom milling. 900-ton-per-- Imtn. Exploration to leach out rare precious metal MARBLE A CANYON, ARIZ. patented liquid ion exchange process and electrolytic recovery method will be utilized by Exploration Co. to recover rhenium a rare metal worth more than gold from its Sun Valley Mine near here. Intermountain recently acquired Sun Valley, a former uranium producer, and analyses by the U.S. Geological Survey and others Indicate a grade of rhenium ore min-ab- le for underground operation, according to a company report. Rhenium is largely water- Inter-mount- ain soluble and the liquid ion exchange process covered under U.S. Bureau of Mines patents has proven an efficient means of extraction. A subsidiary of Intermountain Exploration -- - Southwestern Minhas a ing and Refining Co. license on the rhenium recovery process from the U.S. Bureau of Mines. Development Is now under way at the mine, according to company officers, consisting of rehabilitating old workings and samplings. The work Is under the direction of D. R. McGregor, Intermountain Mining Engineer. The company has conducted preliminary talks with Cleveland Refractory Metals, a subsidiary of Kennecott Copper Corp., concerning their possible processing of the ore and marketing of the metal. Southwestern Mining has also developed the specific liquid ion exchange method for treating low grade copper dump ores. The In- Another Intermountain Exploration subsidiary, Comstock Nevada Gold & Silver Mining Co., now 76.86 per cent owned by Intermountain, has a lease on a squar mile on the American Flat branch of the Comstock Lode near Virginia City, Nevada, in which com- a very pany geologists report simstructure promising geologic ilar to those which localized the termountain Exploration subsid- bonanza ores of the last centruy. iary has a small pilot plant and Exploratory drilling is presently two millsite claims at Search- being conducted on the property. light, Nevada, for which land patent Comstock also owns the Florida Mine in the same area and six applications have been made. s, patented mining claims near Nevada, which contain lead and zinc ores. Good-spring- Development of these claims depends on favorable financial arrangements and economic conditions, according to the company report. Officers of Intermountain said work is progressing well on a project to set up a gravity concentrator to recover values from extensive ore dumps as its Her-cul- es -Badger Mine near Chloride, Nevada. |