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Show November 2, 1970 CdA Apex Silver reports Royal WALLACE, IDAHO - Hie board of directors of Royal Apex Silver reported to shareholders that the diamond drilling program on the companys property in the Coeur dAlene Mining District has progressed satisfactorily. Hie first three holes have been completed and another hole is now being drilled, the report said. The first three holes aggregated a xombined total distance of 3,573 feet, all of which have been surveyed by the multishot method to determine their true positions. Hie report added that only one hole has been logged, a procedure that consists of careful study and geological evaluation and interpretation of the core from the hole. g Some sulphides (bands of galena and tetrahedrite) encountered in this hole were silver-bearin- encouraging, the report continued. Split core assays showed 9.6 ounces of silver per ton, .25 copper across a width Kennecott Copper reports net income for third quarter NEW YORK Kennecott Copper Corp. reported net income for the third quarter of $42.4 million, or $1.28 per share, compared with $46.5 million, or $1.41 a share for the same period a year ago. In a letter to stockholders, Frank R. Milliken, president, said that net income for the first nine months was a record $158.8 million, or $4.79 per share, com- - pared with $1 20.2 million, or $3.63 a share, for the same period of 1969. Milliken said much of the decline in the third quarter of 1970 was due to the fact that the company received no dividends drilling encouraging of 1.3 feet; and 12.5 ounces of silver and 30 copper across another width of two feet, with 1.6 feet of quartzite rock separating the two closely spaced intercepts. The core recovery from the drilling has been excellent, it said, with the recovery from one hole averaging better than 96. the surface and the favorable intercepts so far encountered, management is enthusiastic and regarding the mineral potential of the Royal Apex properties. optimistic Hie drilling of still another hole is underway from a site 500 feet north of the first .hole. It will be drilled to a depth of 750 feet and is intended to test the continuity of some northeast dipping veins in the area approximately 300 feet northwest of from its D Tenicnte copper mining interests in Cliile. In 1969 Kennecott received more than $10 million from this source. Copper sales in the third quarter totaled 188,400 tons compared to 176,500 tons a year ago. Regarding Kennecotts air pollution control activities, Milliken said the company will e install a pilot plant at its Nevada Mines Division in McGill, Ncv., in order to test a variety of methods to control sulphur dioxide gases produced in the smelting process. multi-purpos- the intercepts in the first hole. Hie drilling program is part of u pro- - gram of Bunker Hill to explore and develop the properties, the report said. Company officials said careful study and evaluation of the results of the initial drilling program should indicate the next step to be taken, which may be additional dia- - mond drilling westerly to penetrate the more intensely mineralized part of the step-by-st- ep anomalous beneath fault. area of the the Carpenter area Gulch - In conclusion the report said, Considering the magnitude of the silver anomaly indicated at BY DAWN LUNDQUIST FOR THE WEEK OFNOV. ARIES March 21 thru April 20 Now Youre not living up to the time to cut loose with your zaniest idea today you can do no wrong. In straight business deals, though, just the facts for your reputation What has equilibrium. happened to your budget? It will be wise to come back to normal by taking advantage of a new opportunity. You will have to be the detail man on this one. please. Exaggerations will get j you nothing but a bag full of hot air. April 21 thru May 20 5. 1907 MAP of Nevada, southeastern portion California. All mining camps, roads, railways and towns fisted. Send SI. 50 to AUTHENTIC MAPS, 644 Pueblo St., Salt Lake City, Utah 84104. RARE Utah. For additional information Cash in bank looking for suitable please contact D. C. Lloyd, Outside of Salt Lake, merger with private company that 484-522wants to go public.. Write: dial "toll free" MERGER, Box 6302, Salt Lake City, Utah 84106. PUBLICLY HELD CORPORATION with no assets or liabilities A Utah corporation currently engaged in an intrastate offering looking for merger. Inquire: of $1 million dollars, needs PUBLIC CORP., Box 6302, Salt additional sales agents throughout Lake City, Utah 84106. CORPORATION WITH 1. Can Build Profits Create an Image Tell Your Story in word and picture with a display or classified ad in the C lt CERTIFICATES bought, sold and traded. Inquire: CERTIFICATES, Box 6302, Salt Lake City, Utah 84106. Cash for your Diamond B Industries stock, also Laramtine Mines. Write Box 333,Oil & Mining Journal, P.O. Box 6302, Salt Lake City, Utah 84106. Dont bother to change an v th ing in y our portfolio - -- Most of them are u n dc rgo ing metamorphosis June 21 thru July 22 Youll make more money staying in bed with the covers over your head titan by working at it. Your sense of humor will come in handy; it really isnt that bleak ! speech, you probably will anyway. Keep your eye on a neighbor ; he could become a key figure in creating a positve cash flow. SAGITTARIUS Nov. 23 thru Dec. 21 Don 7 try to pass the buck; you ll get vour hand slapped. One of those "hot tips" you hear could he a winner. Check someone them out with who knows the market. CAPRICORN Dec. 22 thru Ja. 9 VIRGO your charm to create a smoke screen. An associate will blame you for the slump. Lay low. Save important decisions for some other $2 Col. Inch $2 for 20 words, then 10 ceritsa word Classified Ads PHONE: time. tD oIl&mTnING JOURNAL succeed, the stars say, try again!" Someone with pull wants to help you. Why not? AQUARIUS Jan. 20 thru Feb. 8 Post gurard duty around your savings, start a sinking fund for mistakes. There are a few celebrities and VIPs around you now ur that could create opportunity for you. an The fringe benefits aren 7 too bad either! PISCES LEO July 23 thru August 22 467-966- 2 or write Box 6302, Salt Lake City, Utah 84106 If at first you don't 1 Use Display Ads You are likely to come up with a "get rich quick plan. 24-ho- August 23 thru Sept. 22 0MJ. drum without OLD STOCK May 21 thru Jue 20 CANCER Mine and Milling SALE Eimco Mucker, One Machinery A-Crusher-belfeedt 20x10 Jaw er, 24"x16" Telsmith Rolls-befeeder, 28x16 Dorr Classifier, Wilfley Table, Ottumwa Drum Hoist with 50 HP Electric Motor -- 400 ft. 78" cable. No. 15 (24x24) 4 cell Denver flotation cells, 4'x4' Denver Ball mill, No. 250 Denver U.S. Jig Cell, Jaeger 210 compressor with air hose. Write: Code M.W.H. Box 2103 Ida. 83401 Idaho Falls, GEMINI SCORPIO Oct. 23 thru Nov. 22 Your ideas and enthusiasm are running rampant. If they dont beg you to give a 1 FOR plate, 2 mine cars. , without your help. A project you thought beyond your scope could be offered to take it. You can do it. you- FOR SALE OR LEASE Wanted Purchaser, leasor or working agreement Au, Ag, Cu, Pb, Zi, U308 and W prospects. Send enquiry letter for our listing. East West Traders Box 6302, Salt Lake City, Utah 841 06. Amalgamation $500 7 Sept. 23 thru Oct. 22 is Financial strain got you down? You Taureans cant a nap when the take "Matadores cape is still red. Charge ahead, but only after looking in both directions. I thru NOV. LIBRA TAURUS FOR SALE OR LEASE: Oil and Mineral rights to 160 acres Black Canyon, Idaho, land. Also interest in Logan County, Colorado, oil land. Paul Kelly, 68 Main, Salt Lake City, Utah 322-160- - OMJ Page 7 havent you been promoting your other Why talents? Surprising profits can erupt from advertising them. The resulting profits should go into YOUR pocket. Feb. 19 thru March 31 Good news and bad news. Good: unexpected money will arrive from a distance. Had: Youll have to hire a collection agency for the money owed you. It comis out even. But stay out of arguments with your partner. It could cut your funds AND your partnership in half. |