| OCR Text |
Show KEEP POSTED ON URANIUM jot VoL muA ' iqnifiicance m tne wat 26; No. 33 ua anq wining won vvy One.Yeai $3.00 Salt Lake City. Utah. August 26. 1955 Oc'Jei Copy Ten Year Reserve Yellow aranium Buys Nevada Tungsten L. president of the Yellow Wing Uranium Corp., made the announcement that his company has recently pur chased 75 per cent controlling interest of tungsten property from the TNT Mining Co., a transaction involving over $100,-000. This property is located in Hanibolt county, known as the Fotosie Mining District in Battle Mountain, Nev. Potter also stated that his ge order to continue blocking out ologist made a conservative es- ore plus conducting an extensive timate to. the effect that there are enough ore reserves for the next exploratory program. ten years operations. Production is in full swing ROYAL URANIUM with $40,000 worth of equipment crew working and an eight-ma$36,000 two shifts mining ore in the President George Patterson of stopes. Royal Uranium Corp., announced They have gone down 125 feet today that is shipping 50 and are stoping and caving in on tons of ore Royal and thus far per day the main haulage tunnel as they has a total of 600 tons in shipped go. They recently completed a to a large stockpile of cross cutting operation which has addition ore. stepped up production considerThe ore is running around $45 ably. per ton and shipments thus far The ore then is recovered by have netted a total of $36,000. a slushing process which Is very Royals contract with Boyles fast and thorough. Daily ship- Bros. Co. calls for 50 ments net the company approxi- tons Drilling per day excluding Saturday mately $30,000 per month. and Sunday. Potter also stated that Yellow At the end of August Patterson Wings's uranium interests, locat- said Royal will have completed ed in the Paradox Area, adjacent shipment of its quota of 1200 to the Yellow Bird Mine, who tons. He indicated that a new holds the distinction of having quota may be established for subproduced the first uranium for sequent months. the A bomb; is scheduled for a The contract operates for a pe-full scale drilling program in riod of three months. After several months of simmer ing the potash industry reached a partial boiling point this week. E.-Potte- In Utah, Delhi-Taylo- r ded optimistically in possibilities of building million dollar potash Moab. NETS n ROAD TO POTASH EMPIRE? The new bridge leading the way into Moab may soon be busy with miners and equipment for building Utah's, and possibly the west's, largest potash mining district. New Mexico Bureau An attack on Land Commissioner E. S. Walker's handling of uranium rights involving potentially rich acreage in county, N. M., has been tossed out by the State Supreme Court. The case involving the rights of a Santa Fe Croup who later sold them to Sabre Uranium Corp. Last week Sabre an nounced it has made in western New Mexico what the company Bluewater, N. M. had not ex says may be one of the biggest hausted possible action in lower uranium finds in the nation this courts in his suit against Walker. Thus the court did not rule on year. Walker's contentions that his ac The Supreme Court held that tions fell within his discretion prospector Henry Andrews of ary power as the state's top of ficial handling state lands. On Jan. 6, 1954, Andrews ap Movie plied for lode prospecting permits Mc-Kinl- ey NORTH AMERICA RANKS NO. IN LITHIUM METAL PRODUCTION 1 Lithium, the lightest metal in the world, is having a heavy impact on American industry. One of the major producers of lithium chemicals is American Potash & Chemical Corp. (APC) which started producing crude lithium concentrates at its main plant at Trona, Calif in 1938. Since 1951 these concentrates have been upgraded to lith ium carbontate for use by indus-try. Because of the great unfilled demand for these compounds, APC's plans a sizeable increase of its existing lithium chemicals production as part of the company's current expansion Uranium Firm Makes Moab Starlet To Act As Headquarters Survey Denver Bureau Moab, Utah, All-Stat- e Ura- nium Corp, with 108 claims in seven different areas of southeastern Utah, is the newest uranium company to select Moab as its headquarters. is FredPresident of erick G. Stoye, formerly of Las Vegas, Nev., now of Moab. SecretAll-Stat- e Although lithium ores are found in many parts of the world, North America is believ ed to rank first in deposits. Africa is second, while South America, Europe, Australia and Asia also have sizeable deposits. APC is active in producing lithium in the two richest areas, in the United States and Africa. In addition to its lithium carary-treasurer is L. E. Graf of bonate production at Trona, APC Moab. Company offices are in the has a substantial interest togeth new post office here, which was er with Selection Trust Ltd. and The American Metal Company, built by Stoye. claims Ltd., in a large lithium deposit Nearly all of are in areas already proven for located at Bikita, Southern Rho desia, Africa. The Pikita de uranium production. is believed to be the world's The company has properties in posit deposit of the. Paradox Basin south of largest lepidolite. landing; in the Big Indian Wash, Announcement ot APC's on the San Rafael Swell, in the was in the Bikita Green River district, in Castle made in Nov. 1953,Properties and the par Valley, and in the La Sal Creek ticipating companies are currentarea. ly investing over $2,000,000 in The company owns all its the project. claims outright, officers said. Latest step in APCs lithium with royalty outstanding only on plants is the formation of a new the San Rafael claims and on company, American Lithium state land. See LITHIUM Page 2 All-State- 's high-grad- e -bearing lithium- 'Ticker 99 Survey Denver Bureau A "Miss Moab, Utah Gel-ge- r Counter" is- beta; selected In Los Angeles for the "good will" meeting there next week of 25 uranium men from over the West. George J. Sullivan, president of the new National Commit-te- e for Betterment of the Ura- nium Industry, said "Miss Geiger Counter" will be a movie starlet. She will be present at a cocktail party which will be one of the feapress-radio-T- V tures of the three-da- y visit. The goodwill call is being sponsored by the new national committee. The uranium men, from Utah, Colorado, New Mexico and Texas, will be in Los Angeles Monday, Tuesday and Wednesday. A number of radio and TV appearances have been arranged, as well as interviews with Los Angeles newspapermen and representatives of national magazines. covering nine McKinley county claims. On Jan. 27, 1954, A. J. Al bert, then land office attorney, returned the $9 filing fee and told Andrews that a permit for the claims had been issued in March, 1953, to W. T. Old, Jr. of Santa Fe. Old's placer prospecting per mit later was assigned to R. D. Bokum and Nash Hancock who in October of last year assigned it to Sabre Uranium in a trans action reportedly involving about plant in Near Thompsons, Utah the Crescent Eagle Oil Co. released data on potash potential on their property dug out of file records as far back as 1928. In New Mexico two new companies formed for potash probing and survey reports, .predicted a 24 per cent increase in N.M. production by 1957. Oil's Reports from Delhi-Taylo- r W. of the firm's J. Bartlett, head chemical division, were that the company is awaiting results of two core hole drillings now being conducted seven miles north and west of Moab. In a telephone conversation with Robert R. Norman, district in geologist for his Moab office early Friday, the Survey learned that two "step-ou- t' potash drill holes were down about 1800 feet. "We don't expect to hit potash core in this area before 4,000 feet," he said. He estimated this point would be reached in about three weeks. At that time, Norman said, Delhi-Taylo- Sq uable on Sabre Property Gets Boot By N. M. Court Oil nod viewing a multi- - r, chemical engiDr. Elton D. Soltes, Dallas, Texas will be in Moab to conduct chemical tests and evaluate the core sample. Delhi-Taylor- 's neer In earlier reports, Bartlett said the cost of the proposed mine and reduction plant would be approx-- . imately $12 million. The plant would be situated on property on the outskirts of Moab. now holds potash See POTASH Page 2 Delhi-Taylo- r Turner - Mohlers Report New Uranium Find Discovery of new uranium ore body at Red Canyon, Utah, has been announced by Jack Turner and Mohler Bros, of Moab, Utah. Preliminary drilling, they said, indicates the body "may be in dollar class." the multi-millio- n The new ore body is in the Shinarump formation, only a few $250,000. Andrews' attorney, Philip Dun- - miles from Happy Jack mine. leavy, argued that Walker's ac Ore has already been struck on tions had been in conflict with seven holes, the Moab firm restate mining laws, and said An- port. Thirty-sevefeet and one-hadrews had been "confronted with indiore are commercial of grade the shell game." hole a cated and log shows 13 court An told the Dunleavy ore of assaying one and one-ha- lf drews was a "bonafide, legitimate feet to two per cent. prospector who has walked the The new strike is surrounded hills and found these deposits. ore a number of blocked-ou- t by But he stands on chance, because of bodies of lower but grade you can acquire more mining n lf without large size. Steps are under way for the stepping outside of the capitol immediate development of the than anybody else can." The claims for which Andrews property and Chastain Bros. Drilsought lode permits are in the ling Co. of Moab and geologist SWU and South V2 of the NW4 Larry M. Buhler of Salt Lake City of Section The dis have been employed to undercovery reported by Sabre Ura take an extensive drilling and nium is in Section development program. rights in Santa Fe |
