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Show October 28. 1935 Page Three The Western Mineral Surrey. Salt Lake City. Utah Drill rig in action on Allen No. 2 claim in Red Canyon, San Juan county, Utah, leased by Utaco Uranium, Inc. Ore body on the claim is inferred at 20,000 tons. Drill hole is probed on Allen No. 2 claim leased by Utaco Uranium, Inc., in Red Canyon. Left to right: Alining Engineer Blackburn, Driller Robert Chastain, and Utaco Vice President D. E. Kivett. Sovereign Looks Over So. Utah Land Interests D. E. Kivett, vice president of Utaco Uranium, Inc., inspects load of ore from property near Utacos Red Canyon, San Juan county, Utah. New holes on Utaco lease indicate 22 feet of commercial ore. May Yield 20,000 Tons MOAB, UTAH Principal officers of Sovereign Uranium Gas & Oil Co. inspected various uranium properties in the Moab area last week-enand indicated Sov-erig-n soon may require interests here. In Moab on the Inspection tour were Dr. Allen Bronston of Fort Worth, Texas, president of geoSovereign and widely-know- n M. C. Wood of physicist, and New York City, vice president. ' They were accompanied by Philip Augusta of Daggett Securities, Inc., Newark, N. J. Daggett Securities is the Sovereign underd MINING CLAIM Utaco Works 22' Red Canyon Ore Face DISPUTE Survey Denver Bureau Kivett said, include eight feet of MOAB, Utah New drill holes ore averaging J1 per cent uraon Utaco Uranium's Allen No. 2 nium oxide on the basis of chem-cclaim in Red Canyon show a assays. face of ore averaging .289 Results of the latest AHen No. uranium oxide on the basis of drilling were announced chemical assays of drill cuttings, an inspection of the propUtaco officials said today. D. E. Kivett of Salt Lake City, erty by Utaco President George Vice President Kivett, company vice president, said the lurck, r William T. Allen No. 2 ore body now might be inferred to be 20,000 tons. This lines, and Mining Engineer Evdoubles a previous estimate of erett Blackburn. Blackburn, who will direct ali future Utaco min-n- g 10,000 tons made after the first operations, formerly was 14 holes were drilled. with Vanadium the Corp. of Findings of the new holes, America. Preparations now are being made for mining the Allen No. 'll claim, the Utaco officials. said. A incline shaft will be al 22-fo- ot fol-owi- ng Secretary-Treasure- writer. Present holdings of Sovereign Uranium include three groups of mining claims in Clark County, Nev., known as the St. Thomas Bitter Springs groups. The company also has prospectMOAB, Utah Utaco Uranium, ing permits covering 2 sections Inc., today announced mining of state lands in Santa Fe Counoperations are in progress on its ty, N. M. Wash property in Lisbon Company officers said exten- Coyote sive oil operations are planned Valley, San Juan County, where for the future in addition to ura- drilling has established an ore nium exploration. Financing of body of at least 1,100 tons on a the company is nearly complete, single claim. Utaco has concluded purchase they said. 104 claims in the Coyote of Properties inspected here by Wash area from Mohler Brothers Brontson, Wood and Augusta-includeand Jack Turner of the Mineral Canyon Enterprises Moab. holding of Moab Uranium Co. The ore face is exposed on the claim being mined, and Utaco President George Burck said the Compliments oi first shipment should be made within a week. Burck disclosed that Utaco, which recently completed sale of its stock issue, now has stockholders in 33 states, Hawaii and Lisbon Valley Progress Told d 288-fo- ot N. M. COURT driven to tap the ore body. Utaco holds an operating lease A dispute between two men in on the Allen No. 2 and on 12 claims Mohler owned a mining claim venture in adjacent by Brothers and Jack Turner of county, N.M., has resulted Moab. Primarily drilling has in a suit being filed in District found mineralization on the other claims, company officials said. Court in Albuquerque. They pointed out that the Allen The suit was filed by Juan Nov 2 has not been explored A. L. Milo Nasci. Son-dov- al Al-cos- er against completely. Utaco will havei two important Alcoser charges that on Aug. 15 operations underway with start the two men orally agreed that of work on the Red Canyon prop- he was to do the prospecting and erty. Nasci was to pay the expenses of Miners already are stockpiling on the 34 Sandoval ore on the companys Coyote the operations Wash holdings in Lisbon Valley, county claims. where two loads were ready for Any claims staked were to be shipment today. a joint venture and if sold, the partners were to share Fossils, Topic of U. Prof. Professor David Jones will scribe de- Micro Fossils as guest speaker at the November meeting of the Mineralogical Society of Utah to be held at 8 p.m. Nov. 1, in the Geological Building, University of Utah. Fossils will be shown under a microscope. Prof. Jones has done interesting work on dating Lake Bonneville sediment by HITS 50-5- 0, coser said. He charges Nasci sold the claims to an unknown party for $4000 and other considerations. He said he has received $510 from Nasci as his share. classifying the micro fossils. President Stewart Romney of the society will preside at the meeting. Walter Koch, of the U. S. Gov- ernment Land Office, is chairman of the Program committee. The society plans a field trip on the third Sunday of November, the destination to be announced later. - Alcoser has asked the court for an accounting of the affair, $37.27 as expenses he claims' due him, $1490 allegedly due him as his share of the $4000, and any other amount the accounting may show due him. HERCULES POWDER CO. Washington, D. C. Stock already is trading in Missouri, Burck said, and the company expects it to be listed for trading soon by brokers in Utah, Colorado, Oklahoma and a number of other states. Kearns Bldg SALT LAKE CITY, UTAH Phone EM 13 WISE INVESTESS URANIUM COMPANY, INC. (A Utah Corporation) PROVO, UTAH Offering Price - 5c Per Share 6,000,000 Shares Common Stock INVEST Non-Assessa- ble Par Value - 5c Per Share IN THE BEST CAR SERVICE POSSIBLE AT UNDERWRITER CAPITOL SECURITIES, INC. D. & F. SERVICE 807 East 2nd South . . 977 West 5th South. . Phone EMpire Phone EMpire 3-06- 303 Darling Building - Phone: ELgin Salt Lake City, Utah 93 4-06- PHILLIPS 66 GAS OIL PHILLIPS BATTERIES Name AND PRODUCTS WE GIVE GOLD ARROW STAMPS "PHIL UP WITH PHILLIPS" 5-34- 08 1! Please send me prospectus of I Street and No City and State Al- BLEAK URANIUM CO., Inc. |