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Show Page Tour The Western Mineral Survey, Salt Lake City, Utah Canadians Buy Producing From Salt Lakers U-Mi- Ju della Uranium of Sask., Regina, Spanish Trail Stockpiles; Awaits Station Opening ne Mines, Ltd., Canada, this week it has purchased a producing mine from Hidden Valley Uranium Co., Inc. of Salt Lake City. The mine is located in the Trachyte district of the Henry Mountains. Miss Billy Hulsey, representing Hidden Valley Uranium Co., reported that negotiations and sale were completed last week for an undisclosed amount. Ore is being stockpiled at present from the Window Rock mine of the Muddy River claims, of Spanish Trail Uranium Company, it was announced today by Raymond L. Taylor, general manager of Spanish Trail. He said it is awaiting the opening of the new buying station at Green River. Taylor disclosed that a second drift, 50 feet southwest fo the fael River, on the route of the original discovery drift, shows a old Spanish Trail. Further north, also in Emery face of ore three feet wide and about four and one-hafeet county, he said, drill roads are being completed on the river high. claims near property held and Samples from hot spots at operated by Nuclear Uranium, the end of the drift have shown Upetco Uranium, assays as high as seven per cent. Uranium and Homestead Alining Taylor said. He added that the Co. distance between the two discovTaylor said field operations eries indicates an enormous min- will continue to be under the eralized channel which could direction of Uranium Engineervery well materialize into an ing Co. ore body of major proportions. He indicated the present plan is to mine from the second drift with the favorable expectation Open New Service that the ore will continue to im- For Mining Firms prove both in quantity and qualMining Services, Inc., with ofity. fices at 322 Ness Building, was Spanish Trail claims are 10 recently incorporated and organmiles up the Muddy River from ized for the purpose of the Hidden Splendor mine and mining companies in theserving land within a short distance of the and production departments. Lucky Strike mine( Sabre UraThe company will do surveynium); the Tomsick Mountain ing, title work and field servMine, and the Rocky Mountain ices. Uranium operation. Darwin G. Hughes is president Taylor also reported comple- and manager, Edward L. Sumtion of road work preparatory to ner, secretary - treasurer, and drilling the San Rafael Swell Andrew William Souvall, vice " claims, located on the San Ra president and a director. lf Mid-Contine- E. David Novelle, Utah representative for the Canadian company, informed the SURVEY that ore has already been stockpiled. It will be shipped toi the buying station later this month. To date, a tunnel ha been driven into the mineralized area. A close spaced drilling program is now being planned to determine extent of the ore body. 30-fo- ot Advertise In The . . WESTERN MINERAL SURVEY Reach an Interested market! June 17. 195S nt MATHEW 1000 Diamond Core "WHY PAY MORE? WE'LL GET THE CORE" Drilling Powerflo Pulldowns For Maximum Air Efficiency and Waler WAGON I DRILLS Gyroflow Compressor Angle Drilling 'ree Hole Probing and Sample Collection with Qualified Geological CONTRACT DRILLING Core Drills - Wagon Drills Supervision The Spokane Mining Market dragged its feet this week despite favorable development reports and a promise of government protection for base metal producers Prospective buyers ignored the Toronto and New York bull markets. Only sellers seemed to be around. Brokers hoped the sluggishness was due only to an ad vance summer heat wave. A brake on leadline imports seemed in the offing, according to a statement credited to Otto Herres, chairman of the industrys national lead and zinc committee. Salt Lake City press dis patches quoted him as saying the interior department has created an office of minerals mobilization to set up a mobilization base for the metals. The office will figure domestic production and price, compare it with the base and recommend how much of the metals should be imported, Herres said. the firm has paid off a bank loan and increased working capital from $72,000 to $150,000. Recent work on No. 3 level opened 250 feet of ore over widths of 18 to 52 feet. A new low level main haulage tunnel will be driven 750 feet vertically below the No. 3 level. Daybreak Uranium officials are negotiating an ore buyin contract with the Atomic Energy Commission. A representative of the AECs Grand Junction, Colorado, procurement division okayed a contract after inspecting the mine 25 miles north of Spokane this week. The AEC is starting a 3rd diamond drill hole. Hole No. 1 crosscut the ore structure at a slight angle and indicated about 40 cars of shippable ore. Hole No. 2 paralleled the structure and proved that it dips to the north. The drill rig is being moved to the north for hole No. 3. Continued shortage of domestic copper was foreseen by the Sidney Mining Companys curBureau of Mines. A Bureau state- tailed operation of its zinc-lea- d ment said it is unlikely that mine near Kellogg, Idaho, is more domestic copper production will than paying for heavy exploraagain meet United States de- tion expenditures. Gross income mands. in the first five months of this Vindicator and Silver Buckle year was $276,000 from 15,208 were stronger on reports from tons of ore averaging 12.85 per Wallace that the mining firms cent zinc, 5.14 per cent lead and are getting together on a plan 2.23 ounces of silver per ton. which wil permit resumption of Net income, before depletion and development work at the Vin- depreciation, was $83,000. Exdicator property. It is under- ploration at the Sidney mine stood that management believes cost $64,000 during the period the ore showing at the present and was spent in the firms $6000 bottom level merits deepening of search for uranium in Utah. Sinkthe shaft. From the Lucky Friday Mine ing is scheduled to be completed came a report that current de- this month and crosscutting to velopment work is showing up the Sidney vein started about some unusually good lead-silve- r August 1. ore. The b Utah and Idaho Consolidated joint uranium venture continued has started test drilling its to look good. Since holes no 1 Rocket group of claims near and 2 cut commercial ore at the Moab, Utah. First hole was to Dead Horse Point property near have been completed today. Moab, Utah, several additional Creek Gold Mines, Ltd. holes have found ore at depths Sheep has quietly shifted into high gear of 35 to 60 feet. One hole showed 8 feet of good mineralization, at its new Mineral King zinc-lea- d mine near Invermere, B. C. Up- with 3 feet of hot ore and 1 ping mill output by 100 tons since foot of high grade. Bulldozing February, it now is treating has uncovered a foot of new more than 500 tons of ore daily. commercial surface ore 8 to 10 April millheads averaged about feet wide. Ore also has been ex6 per cent combined zinc-leaposed at the surface on another Net operating profit is more than claim in the group. The new ore $50,000 a month. 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