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Show Multiple Dome Tests Anticline At Skull Creek New Ore Process cording to Love, offers an answer to this waster mining overthe Atomic Energy Commission head while Increasing the procan be readily and economically ductivity of a given mine in Officials of Multiple Dome to qualify for the $3.50 pounds of uranium oxide deliver- Oil Co., a Nevada corporation per pound price. able. with offices in Salt Lake City, Over the past two years, RocOther beneficiation plants announced today the company ky Mountain tSandard has re- have been proposed, but a handi- has entered into a deal with ceived several hundred samples cap has been their high cost of the Histco Development Corp., from uranium mine owners, and construction. The new Love pro- of Illinois for a test of the Skull has tested more than 100 of these cess will cost less than $100,000 Creek anticline structure, Mof-fa- tt for amenability. To date, carno-tit- per unit with a 100-to- n county, Colorado. per day ores from the Black Hills capacity. Flow sheets and engiMountain States Drilling Co. area have been beneficiated neering are virtually completed was signed by Hisco to do the most successfully. In one instance for ai 300-to- n per day plant which 27 per cent ore was raised to will cost less than $200,000. This drilling which began on May 21. Dome retains an almost 7 per cent. compares very favorably with over-ridin- gMultiple interest. royalty Recovery rates on uranium in other processes for (upgrading amenable ores have ranged from uranium ore which have been The well is designated as Hisco, a low of 73 per cent to a high quoted recently as costing more Government No. 1. A recent reof more than 90 per cent. As the than $500,000 for a plant with port indicated 13 miles of new work has progressed and methods 100-to- n road completed, 20 trucks loads per day capacity. content recovWater finished of of heavy equipment moved on of the the percentage refined, 150 cake less Love than revealed. has averages increased, per to location; mud pits dug, rig ery assembled and a derrick raised. Contracts ofr a site on which cent. Water, once used, is to the system after beto operate the first mill have Officials of Multiple Dome said been negotiated. It is anticipated ing removed from the benefiimportant inasmuch as that with the success of the first ciated ore. For this reason, ade- the test is test a similar has never before plant, scheduled for operation be- quate water supplies do not pred atempted in an orderly, fore the end of the summer, addl sent a rpoblem. manner. For several years RMS was founded in 1952 pritional units will be authorized Dome Oil Co. has ownMultiple for use on other properties. marily for the purpose of devel- ed oil leases in the Skull Creek A great deal of interest has oping oil and gas leases owned area of Moffat county. been generated in the industry by the company. The company because of the need for an effl has some oil production and conThree recent drilling reports cient and economical method of siderable oil reserves. A drilling have been obtained. The latest, rtising the grade of uranium ore program in the Julesburg Basin dated May 25, indicated drilling at the mine site. In mining an is underway at the present time. has gone down to 440 feet and average vein of uranium ore, the Oil actiivties and the general good footage achieved. Nothing miner is forced to move many management of Rocky Mountain startling is expected until drilltons of ore of a marginal or non- Stndard are under the direction ing reaches 2000 feet in depth. commercial grade. Rocky Moun of Harry Culver. James Walker Work is beginning on the tain Standards new process, ac is geologist for the firm. Weber with a good producing formation, exposed by erosion, The directly on the surface. objective is to go below the Weber where good sands are (Continued from Page 1) up-grade- May 27. 1955 The Weitern Mineral Survey, May 27, 1955 Page Four Digging Deep By O. D. Quinlan Yellow Cat Uranium has shown following strength election of Benjamin I. Throckwealthy Rankin, as resident, morton, Texas, Wilsucceeded He president. lard oJhnson, of Bakersfield, California, who resigned. Yellow Cat stock has climbed to eight cents since reorganization. Some market observers vizualize it reaching ten or d e well-finance- reported. UTAH ABC Wastepaper Co Types of Waste Material !auler - Rates, month or load Walter Drecksel, Manager 04 So. Bedweod Rr. All UNLISTED MARKETS 3-1- A. B. KIBBE & CO. 42 WEST BROADWAY Industrials SALT LAKE CITY Member Salt Municipals Oils Uraniums Phone twelve cents. ef a rotary oil rig watches machinery of a drill that's sent deep into the sandy soil of a site northeast o! Moab, Utah. (Denver Bureau Photo) Crew member GOLD CLOUD SHIPS FIRST ORE FROM BROWN HOLE CLAIM First ore shipments from Gold Cloud Uranium Company's Driller claims in the Browns Hole mining district, San Juan County, have been delivered to the U. S. Vanadium Company buying station at Thompson, Utah. Gold Cloud owns six claims in the area. The ore was shipped from Drillers No. 1 and No. 3. Ore has been stockpiled at Driller claim No. 4, officials disclosed. machinery required is now on the property and access roads completed and usable. A drilling program has been formulated to fully explore and determine the extent of ore All bodies. Gold Cloud has 1,801,500 shares of stock outstanding with 4,198,-50shares in the treasury for which there are no options. Gold Cloud owns its property outright. There are no royalties on ores mined, officials said. J. A. HOGLE 1 We Specialize In Private Wire System to Leading Cities OGDEN er Indian Queen is said to have an mine and shipping ore. honest-to-goodne- ss Leonora is also reported as obtaining satisfactory results from its program. This stock and Indian Queen are said to have a problem due to short sales entrepeneurs. Dr. G. Carman Ridland, noted geologist, is said to be attempting to negotiate a deal to drill Sun Uranium claims in Lisbon Valley. Sun owns vast properties. Speculators and Investors seem to veer away from Sun, for no particular reason. Connfy and Sweetwater BBADEN WINCHES AND POWER TAKE OFFS Fos any Track, Tractoi or Industrial Job Write or Call for Literature or Other Information County, Wyoming UNITED UTAH URANIUM BROKERAGE 524 Beason Building 35 North Univessity, PBOYO Complete with Controls and Installation Kit Properties: 125 miinng claims located in Crooks Gap area of Ph. CO. 22-59- 1563 SOUTH INC. HAFER'S, Silt trie 2nd WIST Cilr. Utafc PHONE 84-43- 11 51 TWX:SU 66 INTERMOUNTAIN STAMP WORKS Offering Price Par Value Per Share Please send me offering circular on Wind River Uranium CLYDE ADD KARL FARRIER, Co. Owner, BRONZE MEMORIALS RUBBER STAMPS STEEL STAMPS 242 ERST 2HD SOUTH Alta Exploration (Continued from Page 1) Jeep Winch only $197.00 Offering 25,000,000 Shares Common Stock City and State over-the-count- properties in the Tintic Mining Stocks SALT LAKE CITY URANIUM COMPANY St. No Stock Exchangai 2380 Washington Blvd. 132 Main Street WIND RIVER Name selling around to five cents four uranium market, is said to be headed for higher ground, on the basis of impending news disclosures. Mayflower, A eal is said to be afoot for New Park Mining Com pany to take over Little May Loans Mado on Listed Mining Securities Sales Effected Ony By Mans of Offering Circular Underwriters Sail Lake City. Utah CO. Important action is predicted for Silver Mining Company. It has been dormant around three cents on the Salt Lake stock exchange. The company Is said to have an income of $2000 per month. Silver Shield owns a refining mill at Ouray, Colorado, which it has recently leased to other parties and which will be in operation by June 1, Silver Shield officials said. Correspondent JOSEPH McMANUS & CO. 523 West Sprague Ave SPOKANE Fremont & Ink Lake-Spokane-N- ew TWX SU560 11 Stocks to Watch PROHI 5-4- will proceed through the Wasatch drain tunnel. One of the first moves initiated by geologist Parker was to employ Tony Jacobson, Mr. Alta veteran miner and prospector, reputedly the best informed man in regard to mining data of the Alta area living today Veteran prospectors estimate $37,000,000 of ore has been taken from the Alta district in the past. With development of the drain tunnel and opening up of fissures, it Is estimated the area will produce $78,000,000 of potential mineral wealth. The drain tunnel is 1,900 feet In length and extends underneath properties of the Flagstaff, Kennebec and Wasatch claims. Abundant mountain water, which would become available as a result of the completion of the drain tunnel will be available to Salt Lake Citys water supply, according to plans contemplated by the men who are sponsoring the development. Parker has now taken over-ageneral manager of Cardiff. He is also general manager ' and president of Tellurlde Mines, Inc. New York. |
