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Show September 2, 1969 Page 5 OIL & MINING JOURNAL Brokers inspect mine Silver Empire reports progress Silver Empire Mines of Salt schedule at a rate of 12 to 14 Lake City has announced feet per day, with completion of construction of contractors working the portal on its mining to achieve that operations at the Webfoot Mine, Specifications of the Vienna Mining District, Blaine County, Idaho. The portal, located at . an elevation of 8,010 feet, was recently completed following the removal of several hundred tons of alluvial soil, blasting of granite bedrock to obtain a sheer face and substantial road building, reports Gordon L. Weggeland, president of Silver Empire Mines. He said the company has also completed the construction of Its dump areas, ramp and the laying of track to allow for the excavation of its proposed fifth level adit of approximately 2,500 feet at that elevation. reported that as of Aug. 22 the adit driven approximately 350 feet inside the mountain. Mr. Weggeland had-bee- n The Silver Empire president said the mine, located approximately 35 miles north of Ketchum, Idaho, was recently visited by company officers and directors and Sam Wilson and Paul Davis of Wilson-Davi- s & broker-deale- r Lake Salt Co., City firm. Also present was Marvin Small, Reno, Nev., a consulting mining engineer and geologist for an retained by Wilson-Davi- s evaluation of the Silver Empire the mining two shifts distance. adit call for excavation six feet by eight feet and approximately 2,500 feet in length with associated vent pipe, air hose, rail and timbering as necessary. The adit is being driven approximately 200 feet below the existing fourth level on the Webfoot Mine. At about 1,000 feet of depth, the adit will form a Y, turning to the left and right several hundred feet in each direction to interesect ore zone which are the targets of the ORE TRAIN DUMPS WASTE at Silver Empire Idaho mine. Work is progressing on what will le 2,500 ft. adit into depths of mine. companys exploration. Weggeland reported it is anticipated the fifth elevation adit will also serve as a main ore haulage tunnel. He said during the course of the tunnel work the company has already interesected two mineralized fissures of quartz gangue within the granite. Although these fissures were not of economic significance, the company is greatly encouraged by the presence of these fissures because of the possible indication that the main Webfoot veins which are the ; targets of the companys exploration will persist to the adit depth, Mr. Weggeland said. He said the company intends to construct a snow shed from its portal to the end of its haulage ramp in order to continue excavation operations during the winter. properties. Mr. Weggeland said the adit on excavation is proceeding SALT LAKE BROKERS Paul Davis (left) and Sam Wilson of Wilson-Davi- s & Co. inspect interior of Silver Empire mine with Warren M. Weggeland, Salt Lake attorney and son of comp- any president (holding light). Youth Calls Shots in this firm (Continued from Page 1) contract between Satellite Films of New York and Skin Flicks, Inc., a wholly owned subsidiary of LesStuds Corp., calls for the start of production of an initial film, Riverdale Express within 120 days. In July the company acquired the northeastern UJS. distributor sales rights to Taco Siesta franchises. Alpert said he believes the company is among the first in the East to offer such franchises. Since then the agreement in principle to acquire Harrs Heroes, Inc. of Yonkers, N.Y. for stock and warrants. Alpert said Harrs Heroes has a fast food operation in Yonkers and is in the process of moving into the franchise field. He said the company is looking around company has signed an WILSON-DAVI- for other acquisitions of franchise sales rights in fields to enable our sales distributors to present non-competi- a diversified portfolio of franchises. LesStuds Corporation is made up of a group of young men in & CO. S 37 SALT LAKE CITY, UTAH EAST FIRST SOUTH BROKER-DEALER- in the S 84111 Market' Over-The-Count- er taken the company a long way since their spin-of- f from the mineral extraction firm. Ogden this announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities. The offering is made only by the Offering Circular FOR UTAH RESIDENTS ONLY NEW ISSUE SHARES ng MEMBER: NATIONAL ASSOCIATION OF SECURITIES DEALERS 1 their 20s who are Wall Street oriented, said Alpert. He said these Young aggressives have FLUIDICS PRODUCTION AND SALES, INC. A Utah Corporation COMMON STOCK Fluidics, P.S.I., is a company devoted primarily in the development, manufacture and sales of new products in the field of fluidics. It has four divisions in the Salt Lake Area. Controls Division - Manufacturing Division - Plastic Division - The ENSCO Medical A New Concept Division. Information Available on in Stock Transfer PRICE PER SHARE $1.25 EMDEK0 SILVER EMPIRE Copies the Underwriter FLYING DIAMOND UNIFIED URANIUM & OIL INC. We invite you to visit our office or Call for quotes8Q 3-76 of the Offering Circular may be obtained from 14 CALL OR WRITE FIRST FIDELITY UNDERWRITERS 249 East Fourth South Street Salt Lake City, Utah 521-680- 0 ACCU-DYN- E A QUASI PARAMETER COMPUTER PROGRAM TO PROVIDE MAXIMUM ACCURACY, MAXIMUM SPEED AT MINIMUM COST. WRITE OR CALL FOR FREE BROCHUTE OR PRESENTATION. TRANSFER DYNAMKS, INC. 707 JUDGE BLDG. 84111 S.L.C. 322-016- 6 |
