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Show The Western Page Two September 23, 1955 Mineral Survey. Salt lake City, Utah WESTERN MINERAL Editorial SURVEY New 'Worthy Of The Industry' . Advertisinr - Circulation Phone Street Salt Lake City, Utah 431 Church 11 There is currently being held in Geneva, Switzerland, an inuses of atomic ternational atomic exhibition of energy. This is deservedly attracting a great deal of atention since this area will be of great importance to developments in all fields in the coming year. The head of one of the major independent producers of uranium ore has suggested that the mining industry stage an exhibit explaining graphically to members of the industry and the general public the important uses now being made in industry. science, medicine and agriculture of atomic energy and its Entered aa aeeond claaa matter at Salt Lake City, Utah, under Act of March 3, non-milita- ry 1878. Subscription rate: 65.00 for two years: for one year. Please mention Western Mineral Survey when writinr to advertisers. Adver tisinr rates on application. 63.00 'v v cr- v - ' 2 -- v -- A A' r V N v. j , -- ' fv 'r .v - - Publisher HARRY B. MILLER Editor GAIL FELTCH Feature Editor O. D. QUINLAN Adr. Manager FRANCES JENKINS L. M. HILL Contributing Editor by-produc- ts. DENVER attention the international Referring to the world-wid- e atomic exhibition in Geneva is drawing, Gerald Gidwitz, board chairman of Continental Uranium, Inc., wrote Robert Palmer, executive vice president of the Colorado Mining Assn., suggesting the exhibit. Most of the countrys uranium ore is produced on the Colorado Plateau. ' .4..., News Prosper Stockpiles Various Ores dSengl!t8iecoii ac-matt- er from this permission Contributors According to President Bealer, the mill, which is being equipped for a capacity of 400 tons daily, is expected to be in operation within the next six weeks. The shaft is now timbered down to the 400 foot level, according to the letter to stockholders, adding to the development potential of the property. Bealer said the North Star Metal Mines, Inc., of St. Paul, Minnesota, lessee, is doing a fine job on the President Rex Firth of Desert instiutions currently provide approximately one out of every seven dollars spent by the Bureau of Mines in research on petroleum and natural gas, Acting Secretary of the Interior Clarence A. Davis disclosed today. Non-Feder- al Queen Uranium Corp., announced today that the company's new prospectus will be off the press in a few days. He said the new stock issue can now be purchased This cooperation, Mr. Davis from Selected Securities in Las is an outstanding example said, Vegas, Nevada at $1 per share. of partnership among State and He said he plans to confer with Federal Governments and private Milton H. Love, Utah Securities industry in the conservation and Commission chairman as to the property. development of natural repossibility of obtaiinng permissources. sion for sale of the stock in Utah. Cooperative projects range, he throughout this uranium area, unFirth said Vitro Chemical Corp. from . field investigations said, be will with salvaged doubtedly has spent $30,000 thus far on ex at improving methods of aimed of assistance the economically op- ploratory work on Desert Queen producing oil and gas from undererated refining mills for bene- claims, 17 miles northwest of fication of low grade ore. ground formations to laboratory Green River, near to Four Corn-ner(Continued from Page 1) studies of the complex energy sioner Andrews as the principal changes that take place in these Much attention and study is A government DMEA loan was fuels during combustion. now devoted to upgrading meth- obtained some time ago, in which speaker. conA Institutions contributing resilver and ods by engineers and by the special gold the government contributes $44,-00- 0 to be held search funds include oil and gas scheduled Atomic Energy Commission. It ference, and hte Company the balance Wednesday afternoon will hear producers' associations, private appears inevitable several practi- up to a total of $60,000. Senator Alan Bible (Dem. Nev.) research to cal processes will be perfected organizations, State Mr. Firth said Vitro has found discuss the legislative outlook for agencies, educational institutions, upgrade low grade ore. several bodies of ore but as yet and private firms. In addition, exhas to encounter a big body of gold and silver. Slated for discussion during tensive private research faculore which he confidently believes the meeting are such subjects as ties are made available to the Buwill happen. national policies and the mining reau, enabling it to conduct a industry; labor and management substantial part of its investigaproblems; public relations; public tions at low cost. lands questions; outlook for the According to Mr. Davis, this by inexperienced customers. This mineral industries. of cooperative research is type could have been avoided by sitLatest developments in explor- mostly long-terand deslgaed to ting tight until the period of unation, mining, milling and metal- supplement rather than compete certainty passed. Which-is-whicamong 1,861 lurgy; stockpiling and govern, with that conducted exclusively The stock buying public has uranium companies and oil com- ment mineral programs; health by industry. lost faith and confidence in a panies with uranium properties and safety; industrial minerals; few underwriter-promoterwho can now be checked quickly with . the exploration for, mining and . Pocessnff of uranium ores, and A masquerade behind the scenes, the aid of the new semi-annuCOP domestic ura0U00 or own stocks their short, Directory Issue of Uranium Magselling always with a benignant smile for azine, monthly mining journal nium industry. During the meeting the mining prospective victims. published at Denver. A decision to send in a coring The classified directory is the industry will adopt a series of resolutions setting forth its views Unexpected selling of large first acto Comanche Uranium comof its kind, assemblage blocks of a particular stock by on national policies which affect rig to the cording publisher, Henry the panys Keidog claim, 20 miles Eastern speculators, definitely W. industry. More than two north of Moab, was reached at a For lists it Hough. example, unsettled the local addresses and presidents thousand mining men from all meeting of the board of directors uranium market recently. names, 49 companies with names that parts of the United States are of Comanche after geologists Business ethics were totally disre- of start with the word Uranium. Of expected to attend the Conven- made a report on some wagon tion. garded when cupidity and greed these, 17 have their principal ofentered the picture. In addition to the regular Con- drilling and probing conducted fices in Colorado, 14 in Utah, 4 recently. in New Mexico, 3 each in Nevada vention activities, trips to nearby Higgs said rumors coming out and Idaho, two each in California mining and metalurgical opera- of Moab, apparently had an intions have been arranged for fluence and New York, and one each in on the stock of Comanche South Dakota, Arizona, Arkansas Thursday, Oct. 13. but he could not substantiate' it. As a result of probing, Higgs patter from 250 to 300 feet be- and Kentucky. hind the Blue Goose adit opened In addition to operators of said Comanche had obtained readAdvertise In The . . earlier went through 3 to 3 ings of .20, .30, .50, .60 and iii one mining properties, scores of feet of ore. The company is ar- makers of mining machinery and instance as high as 1.5 per cent. WESTERN Over a period of two weeks Coranging now to move in mining instruments are listed, as are manche stock advanced from dealers, supply centers for prosequipment, Murray said. MINERAL SURVEY Blue Goose shipped two loads pectors, investment companies .0134 cents to .02 cents a of ore from the drift ' several specializing in uranium stocks, share in a few and rose from Beach an Interested market! days months ago, Murray said. 02 to a and of others. .04 cents. consultants, top I 1 Heed Cheap Upgrading The uranium industry in southeastern Utah and elsewhere is All news appearing In tbs Western Mineral Survey is obtained from sources believed to be reliable but no responsibility is assumed for accuracy of Mines Bureau Reports Desert Queen Prepares Prospectus by-produ- cts Circulation who said ore is being mined and stockpiled at the mill, containing scheelite, (tungsten), copper, Reproduction of any material silver. and gold publication must bare written from the publisher. The letter from Bealer adds that the Baxter drift is showing high grade copper, gold and silver ore, with development advanced to a point where ores can be produced for direct shipping and milling purposes on three levels, as well as by open pit operation. The vital part that uranium and the atomic developments employing this metal will play in our society is fast becoming a panys property near Milford, of practical demonstration rather than fanciful specula- - cording to a letter to stockholders by Alfred M. Bealer, president, tion," Gidwitz wrote Palmer. Among the many uses now clear are provision for the steadily increasing power needs of our nation, multiple uses in diagnosis and treatment of diseases, the increasing of crop yields, the sterilization of food without heat, the treatment of food products to permit their storage for much Inger periods of time than at present these are some of the fields wherein atomic will see great advances in the coming energy and its year." Initially, the exhibit would be shown at the associations annual convention this winter. Gidwitz suggested. Subsequently, it would be displayed at various points in the United States. The educational value of such an exhibit is apparent The project in one which is worthy of the industry it will represent, Advertising Bldg. Denver, Colo. Bureau Chief NORMAN LEVINE For the news of most significance In the mining and oil world. 732 Kitieredge I BUREAU - . . . Congress very much in need of practical and economical upgrading processes for the appreciation of low grade ores. Economical operation of refining mills is going to make or break most of the small uranium groups, who for the most part, have ore of low grade on their claims. Investment of millions of dollars by uranium companies s. Stock 'Masquerade' One of the contributing causes for a decline in uranium stock is said to prices be because several small brokerage concerns sold out inventories, unable longer to meet the financial strain. over-the-counte- r, Trouble is said to have beset some brokers when they began to sell stocks short. The upshot is they are now compelled to dispose of inventories' to meet obligations un-wisel- ye incurred in desperation, existo maintain commercial and tence, character integrity, to the contrary notwithstanding. This kind of conduct resulted in unloading of stocks at a loss Magazine Lists Uranium Lands h s, Blue Goose Reports Mineable Ore The Blue Goose Mining, Inc., which has its headquarters office in Farmington, has reported minable deposits of ore in the Shinarump formation on its Blue Goose claims in the Circle Cliffs area of Garfield County, Utah. L. E. Murray, president, said three holes drilled in a triangular m al AIFI ffl 'Keidog Claims |