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Show OIL & MINING JOURNAL Page 8 October 6, 1969 Alaskas Skagway sees new boom in sight vast quantities of more prosaic inc riches such as Skagway, the wanton town where dwelt men like Soapy Smith and the concentrates and asbestos. The biggest of all, the Anvil Two-BKid, is enjoying the fruits of another mining boom Mines, at Ross River northeast of Whitehorse. Y. T., are almost these days. A Storied Skagway in ready to begin production. Alaska-h- as the curious role of Japanese ship will call at being the seaport for Canadas Skagway once a month to load c 30,000 tons of Anvils landlocked Yukon Territory. Now, not far from the concentrates. silver-lead-z- gold-rus- h it lead-zin- Already, two huge to the Klondike gold fields, the Yukons mines are producing containerships belonging White Pass & Yukon Route-t- he Frank H. Brown and the Klondike are carrying ore concentrates and asbestos from Skagway south to Vancouver, B. C., weekly. The 6,500-to- n Klondike went into service last month. The Brown, a twin, has been on the run since 1965. White Pass is completing a $6 e million and loading terminal at Skagway for the bulk-storag- ore ships and is spending other millions for seven new locomotives, 200 more flatcars and other projects. It is the colorful old White Japanese Pass railroad line (which began rolling in 1898, in gold-rus- h days) that stitches together country from Skagway to Yukon. The White Pass still narrow-gaug- e tracks on high-climbin- 110-mil- g, route the the has the Downey said things are moving so quickly, especially the Anvil development, that White Pass has put all of its new diesel locomotives into service several months ahead of schedule. By early next year, the company will be bringing out 1,000 to 1,200 tons a day of rail e Skagway and between agent for White Pass in Seattle, is betting that Skagway will double its 700-plu- s population within two years. c concentrates just from Whitehorse. But today the Canadian company also has the Anvil Mines. trucks and the containerships for Trucks will carry the concentrates the 132 miles to a fully integrated transportation Sevier Dry Lake brines have definite potential lead-zin- Whitehorse. The pioneer railroad system. Frank G . and passenger-sale- s Downey , purchasing takes over from there to Skagway. A definite potential for development at Sevier Dry Lake 38 miles west of Delta was reported Wednesday by the Utah Geological and Survey. However, William P. Hew- Globe Minerals to drill itt, survey director, emphasizes that no solid conclusions should be drawn from the preliminary data. In his study, Dr. J. A. Whelan states Shallow subsurface brines in the Sevier Lake Basin are saline and might possibly be utilized for the production of salt, sodium sulfate, magnesium and potassium chemicals, lithium and bromine. On Leave From U. Dr. Whelan is a professor of mineralogy on leave from the University of Utah. He holds a commission in the U.S. Navy Reserve and was called up last July to serve on a project in Guam, Dr. Hewitt reported. In 1966, the survey drilled three shallow holes on the west side of the lake, 20 to 50 feet deep. Samplings were taken of ' the subsurface Lake Min-eralogic- Montana wildcat well al Inc., Salt has announced City, immediate plans to drill a 5,700 foot wildcat well in Prairie County, Montana. Globe D. six-tent- "r. 1 Hewitt said the lakebed definite potential, but Id be studied further. The David Globe president, said the well, in Sect. 33, Township 14 N., Range 45 E., will be a Morrison test with the Muddy formation being the primary objective. GMI will earn a 15,000 acre block on a farmout from Tom Conn, Bolack, a independent oil former governor of New Mexico, Conn said. ARE YOU TIRED OF HOLDING PROMISING PROPERTIES? Aggressive new corporation will assume risk, do active development and begin production. Send description to: JS Consultants P.O.Box 5316 prominent Oxnard, Calif. 93030 operator and This advertisement is neither an offer to sell nor a solicitation of an offer to buy these securities. The offering is made only by the Prospectus. NEW ISSUE 150,000 Shares CflC INDUSTRIES, INC. Utah Geological and Mineralogical Survey says Sevier Dry Lake near Delta warrants more study. brineo. Dr. Whelan noted the soluble 'salt content of the brines is five times that of normal sea water brines. And content is slightly less than brines from the portion of Great Salt Lake south of the Southern Pacific railroad fill and about as concentrated as brines found on the northern portion of Great Salt Lake. Urges Further Study Minerals, survey has no Jlans to test the lake because of lack of fund:, but Dr. Hewitt added there were some private individuals who have shown interest in the deposits. Dr. Whelan suggests several lines of test holes be drilled east-weacross the lake to furnish additional data. He suggests that mineralogy, size distribution, porosity and permeability of the sediments be st (A Utah Corporation) recorded in any future drilling. Sevier Lake is bordered on the north by U.S. 50-- 6 and on the south and west by gravel and dirt roads. Utah Highway 21, between Milford, Utah and Ely, Nev., is about 20 miles south of the southern end of the lakebed. The report, known as Special Studies 30, is available from the survey. CAPITAL STOCK ($1.00 par value) $4.00 Per Share Copies of the Prospectus may be obtained from the Underwriters only in states in which such Underwriters are qualified to act as dealers in securities and in which the Prospectus may be legally distributed. WILSON-DAVI- & S CO., INC. 37 East First South Salt Lake City, Utah 84111 rr I I 1 2SX.Z2TIESC3 I CCUIUTIES CORIORATION I ! Di)E)(olV "u i min ' . I I in STOCKS - BONDS - MUTUAL FUNDS Broker-Deal- er li for information on: BULLION MONARCH EAST ANTELOPE 35 NORTH UNIVERSITY AVENUE-PRO- - FLYING DIAMOND MODERN MINERALS UTAH 84601 VO, TELEPHONE (801) 375-257- 0 SAIT LAKE CITY TELEPHONE i i Salt 328-444- 111111 (Sinapi!ijflei?nnea Lake City,- Utah 841 15 - 4 485-03- 93 |