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Show PACE SIX Til BUT 3, 1955 Western Miners! Survey, Sell Lake City, Utah T AT THE 'MILL1 Bonneville Basin Salt Lake Stock Exchange Expands Program Activities of Bonneville Basin Uranium Corporation have recently expanded to include four separate operations in diversified exploration work, it was by Oscar G. Mink, of Provo, youthful mining specialist, and son of a veteran mining xSouth Standard xSnndanee Swansea Con. Tar Baby dis-close- d Homer Selbe oi Moab. Utah, stands in the doorway oi the Atomic Energy Commission buying station north oi Moab. Selbe is assist- ant superintendent. Your Prosperity Is At Stake! Tho of all Utahns depends on raw mateprosperity rials industries like mining, farming, cattle and sheep raising. And these Industries need the protection of the amendments to the Trade Agreements Ad proposed by Senators Watkins, Bennett and Dworshak. Protect Utah's prosperity. Write your Congressmen and Senators to back the amendments. UTAH MINING ASSOCIATION "From the earth comes an abundant life far all " xAmalr. Sugar Pfd. xUtah Bn Clay xCtah PAL Com until July Join the morning line at the . . . Columbia Securities Company INCORPORATED WE HAVE EXPANDED order to give our customers faster, more complete information and better In service, we have opened the following offides: Main Office No. I Equitable Building DENVER, COLORADO Phone tfinheMt 6-17- 03 Branch Offices 245 South State St. SALT LAKE CITY UTAH Phone 22-25- 95 407 Main St. GRAND JUNCTION COLORADO Phone 1988 Teletype Connections to the East and West Coasts 1. He said there is sufficient cash in the treasury to put the tungsten program In operation and achieve the exploration work needed and pay off the companys part of the government loan on all the properties. Mr. Mink said he is hopeful of attaining a sound financial program without further outlay of capital stock. We are basically a mining corporation and have no desire to merge or otherwise manipulate our stock. Our success or failure is dependent on our ability to mine, and we believe we have that ability, President I 34 .37 .03 3)6 .17 3)5 .41 .04 ft .17 .04ft 15 03 .40 .03 ft 16 Stocks . . 10.00 30.00 11.00 333)0 46.35 70.00 45.00 65.00 (xlndlcatee Operating Companies) Sales Bonanza Oil 1000 at 3ft Bullion 3000 at 7ft Cent. Standard 1000 at 0 Comstock 1000 at 15ft Oona. Eureka 500 at $1.30; 400 Croff OU 600 at 34; 500 at 33 East Standard 13500 at East Utah 1000 at 35 Ind Queen 9000 at 6ft at I1J5 33 Madison 3500 at 30; 500 at 31; 1000 at 33; 3000 at 31; 300 at 35; 100 at 39; 500 at 35; 9000 at 39; 10000 at 39; 7000 at 30; 25500 at 30; 500 at 30; 1000 at at 28; 3000 30 Mammoth 600 at 50 Nev.Tah 1500 at 44; 5000 at 43; 1500 at 45; 100 at 44; 4150 at 45; 1000 at 44; 3000 at 46; 1000 at46; 1000 at 45; 300 at 47 Oil Securities 500 at 40; 500 at 45; 600 at 48; 0000 at 50; 6700 at 53ft; 1000 at 50 Park Konold 600 at 30; 500 at 33; 3000 at 35; 1000 at 35; 3000 at 35; 500 at 34; 4000 at 35; 350 at 33; 1000 at 30; 500 at 37; 3000 at 13; 500 at 33 Piute 500 at 33 Prince Con. 3000 at B Prosper 1000 at 3ft: 3000 at 3ft Royaton 1000 at 4ft Swansea 1500 at S3 Tar Baby 1000 at 31; 1000 at II TinUc Standard 600 at $1.10; 35 at $1.00; 300 at $1J Wllllaton 3500 at 41; 1500 at 40; 3000 at 41; 200 at 43 Zuma 1000 at 16ft Mar. Uran-6- 00 at 13ft: 1000 at lift Curb flaliir Chief Con. Pfdw 1000 at 75 Comstock 1000 at 15 Con. Eureka 200 at 11.30 Mar. Uran 3000 at 13; 500 at 13ft Eureka Btandard 1000 at 18 Mt. States 1000 at 7ft Ner.Tah 1000 at 44; 1000 mining in operation within 60 days. On Bonnevilles uranium properties in Beaver County, Utah, Mr. Mink said the company has a $4800 drilling program planned which will be extended from now 09ft 03 xWestern Alloys xWest Toledo Wilbert xWiUiaton Basin Oil xTankee Con. Zuma Unlisted G M ,06ft 3.00 .03 3.75 11.15 .. 3.37ft Con. Oil o. Victor Con. z OS 3.75 Sur. Pfd. ..10.37ft xUtah-Idah- o xUtah-Wy- .03 .07 1.10 1.05 xTrons.Unlon QU xUnlted Parte City Con. . Utah xUtah-Mah- o Bug. Com.' According to Mr. Mink the first project is in the Circle Cliffs area of Garfield County where drilling of pin holes has been completed with indications sufficient to warrant further exploration and approval of a DMEA loan for which application has been filed. Bonneville has also blocked out over 100,000 tons of manganese dioxide ore in Nevada, now Teady for open-pi- t mining. Ac to a Mink, complete flow cording sheet has been prepared for construction of a $200,000 plant for benefication of the ore. The company seeks a Small Business Administration loan and financial support from a banking firm, according to President Mink, who indicated a contract is possible from the government under. the car load loan program which will continue until 1958. The ore on the Nevada manganese property assays from eight to forty-eigh- t per cent. Bonneville also has tungsten property in Nevada with milling equipment on the site. Wet assays on engineers samples of this tungsten according to Mink, run from .43 of one per cent to 3.5. one per cent tungsten, (WO-S)- , per cent titanium, and from .20 to .40 per cent uranium. Mr. Mink was of the opinion Bonneville could have the mill and J4 J1 JO .03ft ,06ft Tlntlo Central Tintic Lead xTlntic Standard authority. .IT .IS 13 13 .33 OU OU Sec. 1300 at 50 at 45 3000 at 19 3000 at 39 Sundance 500 at 14 WilUaton 1000 at 40 Zuma 1000 at 10 Park City Con. Park Konold Mining Law Changes Featured in Law Books Articles by three University of Utah law professors plus some pages of notes on The Impact of the Uranium Boom on Mining Law are features of the current issue of Utah Law Review. arFirst section of a ticle on The Utah Land Title Standards by Robert W. Swenson, professor of law, is a critical analysis of existing standards accompanied by some concrete suggestions.' In the second feature, Alfred C. Emery, associate professor of law, writes about Commercial Mink concluded. Arbitration Under the Utah Arbitration Act, bringing out the probable and preferable future courses of Utah law in that field. Plan Mineralogists Sanford. H. Kadish, associate law to Mtn. professor, and Edward L. Trip Topaz Kimball, senior law student, Members of the Minerological make suggestions for improveSociety of Utah plan a Field ment of the existing system of Trip to Topaz Mountain, May 14 appointing counsel for indigents and 15, it was announced at the In Utah in the third feature: regular meeting of the Society Legal Representation of the Inheld Tuesday night at the Geodigent in Criminal Cases in logical Building, University of Utah. Utah. It is possible to join a Notes on the uranium boom caravan at 21st Street and Redwere compiled by J. Thomas wood Road, on Saturday, May 14 Greene University of Utah law or if preferred, go on ones own. a Salt Lake City Transportation will be $3 per graduate and person, it was announced by W. attorney. The article points out mining law problems Involved in Hugh Burnside. Secretary. Dr. Lloyd Mahm; Professor of development of uranium claims. The Utah Law Review, now Chemistry at the University of Utah talked on Our National completing its third year of pubReserves at Tuesdays meeting. lication, is put out At the same gathering Dr. Olivia by the Utah Law Review Society McHugh gave a seminar on the of the University of Utah College of Law. geology of Wyoming. 20 twO-pa- rt . semi-annual- ly Imperial Drills In Red Canyon G. Courtney Campbell, presi- dent of Imperial Uranium Company, announced that core drilling was started Saturday on the Company properties in the Red Canyon area southwest of Hite. Imperial owns more than 50 claims in that area. Mr. Campbell said the cores will be used to calibrate the instruments. Samples should be available in about 10 days and the results of the cores will probably be known about May 25. Imperial still has 1000 holes to be drilled. Some excellent roads, built by work crews, make the properties readily accessible by automobile. Imperial stock was active over the counter Thursday and Friday, advancing from .07 cents a share on Thursday to .09 emits on Friday. No particular reason was obtainable for the advance, except the possibility that initiation of core drilling may have inspired venturesome stock buyers with the impression that core drilling is significant of filings to come. In the Desert Creek area of San Juan County, Shell Oil Co. pumped at the rate of 200 barrels of oil daily on tests of Its No. 26-Desert Creek, SE NWSW Section a confirmation to a Paradox (Pennsylvanian age) discovery. Well was per36 3E, forated at 538 feet 5,444-6- 6 and 5,473-- 5, |