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Show OIL & MINING JOURNAL Page 4 7, 1969 July U.S. drilling to top 110 mil. ft. GRAND JUNCTION, Colo. The U.S. uranium industry will sink nearly 110 million feet of drill holes through 1972 lo search for and -- develop ore, according to ihc Atomic Energy Commissions Grand Junction office. Total cost of the program will be about $178 million, including technical and property acquisition administrative costs, but not counting cost of and exploration rights. The total drilling compares with nearly 99 million feet expected for the four years, 1968 through 1971. Some 54 companies supplied footage and cost data for the AEC study, while plans of 12 other companies were not sufficiently firm to permit estimates. Explorative drilling is estimated at 70.2 million feet. Development drilling is calculated at 39.4 million feet. and we at the Rocky Mountain Oil & Mining Journal are here to tell you about it. . . . . . the dreams and struggles, the successes and failures, the excitement and glamour that go to make up mining in the West. . . ABOUT the penny stock market with weekly stocks and quotes and comments on current activities of the market. . . ABOUT over-the-coun- ter O-T- -C new government and private mining publications, regulations, findings, etc. ABOUT ONLY s10 FOR AN ENTIRE YEAR OF WEEKLY MINING & OIL INFORMATION JUST CLIP AND MAIL THIS COUPON PUBLISHER: Rocky Mt. OIL & MINING JOURNAL 0. P. Box 19243, Salt Lake City, Utah 84119 Please enter my subscription to the Rocky Mountain OIL I MINING JOURNAL Name Address Zip Code State City CHECK ONE: One Year $10 IVOXIT-1- ? lOe 2 years $18 3 years $21 lmmn about our spruiil rales for mailing the journal directly to your clients Int. Energy lo operate Mown under DEN VEK--Internalion- al Energy Co. has agreed lo join Bounty Oil Ltd., of Sydney, Australia, in drilling at least two ' test wells on International Energys holdings in New Zealand. The wells will he drilled to depths of 15,000 feet or more. International will retain only a 15 - per cent interest and Bounty will carry out the geophysical exploration and drilling, according to an announcement by International Energy Co. Amethyst (Continued from Page 1) eight hours per day for the mine and 24 hours per day for the mill, according to the Enterprise. With numerous gold mines being brought into production throughout the state, the Entreprise staled, there appears to be little doubt that Nevada will have no problem this year in regaining her place as second largest gold producer among the 50 stales. Nevada lost out. last year for second place. Two brick-siz- e pieces of gold would have made the difference and Utah would have been in third place behind Nevada. South Dakotas Ilomestake Mine is the nations largest gold producer and Nevadas Carlin Mine, a Newmont Mining properly, is second. Nevadas second major gold' producer, the Cortez Cold Mine in Lander County, began production earlier this year. South Dakota produced $22.6 million in gold last year, and Utah scrambled into second place with $13.4 million. Nevada hud just under $13.3 million in gold production. |