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Show June 2, 1969 OIL & MINING JOURNAL Page 4 Cascade acquires drilling, assay firms Cascade Energy and Metals Corporation has recently acquired all of the assets and liabilities of White Pine Assay laboratory (White Pine), and all of the common stock of Minerals (MDI). Drilling, Incorporated White Pine was acquired for 1700 shares of Cascade common stock and MDI for 63,000 shares of Cascade common stock. Both companies are Nevada Corporations. The latter was acquired at a ratio of one share of MDI for twenty eight shares of Cascade. Cascade acquired all of MDIs equipment and inventory valued on their current financial statement at $140,316.00 and has since added to MDI equip ment valued at approximately $154,000.00, which Includes a new Gardner-Denvdrill rig and an HD 21 bulldozer. The company was without debt when acquired and even though MDI had been used primarily for the er partnership of Abilene, Texas, whose owners also owned MDI, over the last several years it has established some earnings history. White Pine Assay has assets valued at approximately $6,000.00 and liabilities in the amount of $2, Grimm-lbe- x 500.00. These developments signifi- cantly Increase the Company's capabilities in the areas of min- - Mayhew modified Model 15W truck mounted drilling rig built to eral exploration analysis. EXPANSION production management opportunities BAROID! MINING ENGINEERS (2) with 0-- 2 years' experience. Degree required. Locations: Malvern, Arkansas (near Hot Springs), and Potosi, Missouri (near St. Louis). METALLURGIST with 0-- 2 years' experience or interest in mineral dressing. Degree required. Location: Malvern, Arkansas. experience in supervising flotation mill. Location: Battle Mountain, Nevada. or plant MILL FOREMAN with CHEMICAL ENGINEER with years' experience to superoil base compounds. Demanufacturing plant Location: Malvern, Arkansas. gree required. 0-- 2 vise small CHEMICAL ENGINEER with ada for the purpose of silver, copper and base metal exploration. and sample The acquisitions will place at Cascades disposal modern drilling equipment andalaly-se- s Minerals Drilling, Inc. Is a fully Integrated drilling company utilizing the latest In combination drill rigs capable of water, The core, and dry - drilling. in has the company specialized use of hammer tool equipment which provide both rapid penetra- facilities. has created these career White Pine Assay, headquartin Ely, Nevada, Is capable of performing quantitative assaying of all types. Cascades present laboratory In Bishop, California will be made a field office of Whit Pine Assay. White Pine can accomplish fire and wet assaying of most elements at the Ely laboratory, and specialized mercury assaying at the facility in Bishop. A new ered tion and deep hole drilling. Equipment presently owned Includes heavy and light dozers, equipped with hydraulic a-to- ies of samples are also avail- - Minerals Drilling, Inc. is a licensed and bonded drilling company organized In the Spring of 1965 in te State of Nev front-en- d rippers; compressors; and equipment designed for both road work, underground construction, and mine opening. adsorption unit is being installed. Complete rock analyses, including petrographic and other types of quantitative studable. the specification of Minerals Drilling, Inc. -- Major drilling equipment Includes two (2) truck mounted, mobile , drilling rigs. One is a Mayhew modified Model 15W drilling rig built to specifications written by MDI engineers and capable of mor than 2500 foot penetration. The other rig is a Falling Combination modi fied Model 1250 capable pf more than 1500 foot depths. These rigs are equipped for wireline coring and specialize In hammer tool drilling, with holes averaging 5 12" in diameter. The rigs are further designed for special employment In very hard rock, and are equipped with sample recovery equipment. The rigs are also capable of drilling water wells with up to 16 Inch diameter casings and are designed to pull out of a 300 foot hole to move to another in less than 20 minutes. With these acquisitions, Cascade Energy and Metals Corporation Is In the position of having at its disposal facilities equipped to accomplish all but highly specialized geophysical instrumentation in order to provide diverse services to the mining community, e.g., mineral exploatlon and evaluation, land check and surveying, claims preliminary claims staking, mapping and petrographic 7 years' experience in process engineering for petrochemical plant manufacturing water treating chemicals. Degree required. Location: Houston, Texas. EMPLOYEE 0-- 2 RELATIONS BAROID DIVISION NATIONAL LEAD COMPANY P.O. Box 1675, Houston, Texas 77001 KMlIftTKL WtWlSTlII mffW5MW7S BAROID An Equal Opportunity Employer UTAHS FIRST HELICOPTER SERVICE CLEAN Latest, Most Modern Equipment 91 5 - ORE HAULING Dependable. Service No. Main St. Tooele, Utah 84074 For Sale No Assets - No Liabilities Code P. 0. Box 19243 Salt Lake City, Utah 84119 MININS CONTRACTORS P.O. Box 238, CORPORATE SHELL Write to: Sid Hullinger "FET" McFarland KELSEY -- ELLIS M-5- 1 Salt Laka Airport . . 359-20- 05 Free Dialing from Saif Lake: Long Distance: Dial: Tooele 363-168- 3 882-010- 3 |