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Show PAGE TWO Temple Mountain To Ship Lead From Nephi Claims of high grade lead from its new claims at Nephi, Utah, where large lead deposits have been acquired by Temple Mountain Uranium Company, will start immediately, it was announced by George Heinecke. of Midvale, Vice President of Temple Mountain. Four men began clearing off the property a week ago, with rich ore in sight. The company is ready to produce lead from a large deposit. Shipments will go to one of the valley smelters, either Midvale or that of International. This will be a new producer for Utah, the deposit having remained dormant for years. A long existing situation was recently clarified by clearing up of problems of policy which stood in the way of development. t MIt is always encouraging to welcome a new ore shipper into the fold and of utmost importance to have new shippers coming in," Mr. Heinecke said. He said he was encouraged by the turn of events and looks for subShipment January 18, 1955 The Western Mineral Suvey Salt Lake City, Utah new lead mine. Temple Mountain will also have a high grade lead and producer at its mine in Chains, Idaho, where conditions were very favorable for production d at the time winter weather of a few operations closing all-v- er com-pel- weeks ago, Mr. Heinecke pointed out. He expressed the opinion shipments of ore will be made shortly after the Challis property is reopened. Mountain Temple property claims extend from the center of Idaho to the southern of Utah and include numerous state leases. Seagull Shipped 75 Tons In First Half of December Seagull Uranium Company expects to ship approximately 300 tons of ore during January, if weather conditions permit, it was announced today by Wallace B. Kelly, President of Seagull, in a report to stockholders. The report announced the company has received a settlement report from the U. S. Vanadium Company, at Thompson, for the first half of December for 75 tons of ore. The uranium, with vanadium, averaged $39 per ton, according to the report. Mr. Kelly said Seagull is now mining six to eight feet, is 50 feet away from the shaft and 50 feet from the Companys possible ore hole. He said another drift has been started from the shaft, following the new ore vein. . Mont. Mines Bureau Sells Maps, Sheets (Continued iioa Page 1) Orders for maps should be addressed to the Office of the Director, Montana Bureau of Mines and Geology, Montana School of stantial results. Mines, Butte, Montana, and Mr. Heinecke pointed out that should be accompanied, by a the working of this new lead de- money orders or check for the posit will not be detrimental to exact amount due, payable to the main objective of the com- the Publications Revolving Fund. Also, cash can be sent at the pany, mining of uranium. Efforts up to this time have senders risk, been confined to the testing of Maps will be folded for mailuranium claims, Mr. Heinecke ing unless requested that they be said, but weather conditions were sent rolled in a mailing tube. The more favorable' toward proceed- additional charge for this is 25c ing with development of the per tube. Kelly estimated Seagull will ship approximately 400 tons of ore each month commencing with February. He said operations are as efficient as possible, with three men employed. No expansion is contemplated, he declared, "until the weather moderates. Seagulls cost and expenses to date for mining 350 to 400 tons a month is estimated by Kelly, at not more than $300 per month gross, a figure he believes will be maintained. He said the Board of Directors expects to keep stockholders Informed from time to time as to progress of oQladdin and Company 431 JUDGE BUILDING PHONE 9-37- 17 PROMOTIONAL SERVICE FOR INDIVIDUALS AND CORPORATIONS Bill J. Angelos, lepiesentative o! mining syndicate; George signing contracts ior Gas Hills area leases. British Western W. Barnes of Denver, vice president of BWAU; and William I. American Uraninm Company purchased the leases from Kinick, Jr., president of Mohawk Uraninm Corporation, are Mohawk Uraninm Corporation for 875,000 cash and royalties. (See Story, Page One) |