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Show December 9, 1955 Shut-i- n Proposal For San Juan Has Slim Chance New Mexico Bureau Chairman of the New Mexico 100 Per Cent Interest Survey Denver Bureau GRAND JUNCTION, CTLO. Colonial Nuclear Industries, Inc., has acquired 100 per cent interest in 11 major mineral development properties, it was announced today by John Murrell, Miami, Fla., chairman of the board, and Rob-beI. Ludwig, Grand Junction, rt from uranium exploration to the production of precious and base metals, oil, coal and the manufacture of instruments needed for atomic development on the Colorado Plateau. New properties fully acquired by CNI now include: Crites and Associates, Oklahoma oil property now yielding a net of $3,500 per month. widely-diversifie- Abandoned Mines Present Death Trap For Unwary Venture Leasing Co. with ores blocked out for mining in the Gold Prince Mine near Silverton, Colo. 37 $1 Thorium Corp. of America, with thorium claims in Colorado and million in contracts with Lind- say Chemical Co. oxygen-breathin- U. S. Titanium Corp. with 2000 acres of claims. oxygen-deficien- SE0S0NS GREETINGS ALL OUR FRIENDS AND READERS OF Western Mineral Survey STARDUST MINES Incorporated 420 NESS BUILDING Radiore is operating under a working agreement with Na- tional Uranium, the owner, whereby Radiore is to take 70 per cent and National 30 per cent of all ore produced. Radiore has been granted a shipping number entitling them to ship ore to the mill at Monticello. Lack of a shipping number impeded progress in the past. President Downing left Tuesday night spot. This was confirmed by for Moah. ne expects to he at the companys engineer and the Chief mine for two weeks. Moab Uranium Inspects Colorado Mines; Gain Option A contemin Moab Co. Uranium operations was disclosed here today with announcement Moab Uranium and R .A. Pitzer have acquired a joint option for purchase of three gold and base metal mines near Lake City, Colo. The gold mine, Pitzer said, is the Golden Wonder. He added that its ore, on the basis of gold and silver values shown in a recent assay, would be worth $246.80 per ton. MOAB, UTAH plated diversification Brown Oil and Gas Co. with acres in Wyoming. North Park Coal Co. with 2000 4000 acres of oil and coal. Floco Corp., with 180 uranium claims adjacent to the Thombery Los Ochos mine in Saguache county, Colo. Ores, Inc., 38 uranium claims also adjacent to the Thornberg properties. UCP Ventures, Inc., six uranium claims and 160 acres of oil including $1000 per month oil income. Westcliffe Thorium Deposits, Inc., 1200 acres o fthorium fee land. La Sada Petrolia, S.A., a Cuban oil property. Affiliated ownerships include the Colorado Thorium and Metals Co. and the Rare Earth Mining in-ere-st Smith Wins Ore Hauling Contract ent oxygen. As a result of one week of exploration at the Chief mine, 22 miles from Moab, Radiore Uranium Corp. has stockpiled 150 tons of .22 per cent ore. James Downing, president of Radiore, was highly excited at the result of the weeks operation, which Frank G. Durham, of Green River, mine superintendent, told him gave every indication that Radiore has encountered a "real hot Six-Mon- th Many abandoned mines are death traps and inexperienced persons entering them without proper equipment and skill in using it are risking their lives, the Bureau of Mines warned today. The recent deaths of two Kansas farmers who entered an old Colorado mine in search of uranium ore and whose bodies were g recovered by a trained rescue crew wearing apparatus was only the latest in a long series of similar cases in Bureau files, safety experts commented. Co. The Colorado victims had oxyIn addition, CNI, has been engen equipment, but seemingly did in joint ventures with the gaged not know how to use it properly Minerals Corp., Minerals Morgan or misjudged the supply of oxyCo. and the McAles-te- r Engineering gen it contained. Fuel Co. for development of Since many of the men now uranium and oil properties. seeking uranium in the west know Adding guarantees of success little about mining and special for Colonials diversified program protective equipment the Departis the companys 45 per cent ment of the Interior agency cauin Atomic Engineering-Corp.- , tioned that their only safe rule is now producting exploration and to confine their prospecting to drilling instruments for the atomthe surface. ic energy program. Even experienced mining men have lost their lives in abandoned mines where there was insufficiIn such case, the victims assumed the air was good and took a chance. In other instances, men have depended upon gas t air. masks in Bureau engineers point out that a gas mask filters out certain contaminants, but affords no protection when the air itself is low in oxygen. Bureau records show that most of the persons who have lost their lives in derelict mines were boys or tourists seeking adventure underground and ignorant of potential dangers. A kerosene lantern or candle flame will warn of oxygen deficiency by dwindling or going out in time to permit the user to withdraw to safety. A carbide light or canary bird, however, is less reliable as a warning device. Any open flame is hazardous in many mines because of the danger of igniting explosive gases. James Westfield, Assistant Di-- Radiore Operations Excites Prexy ; Hot Spot Cited Colonial Expands Plans Oil Conservation Commission, William B. Macey has said there is little chance that gas fields in the San Juan Basin of New Mexico will be shut in to prevent waste. Macey spoke in reply to a president. statement made by Albuquerque The new moves by the former Caswell a at Silver Colonial Uranium Co. combine geologist Ped of the one under meeting Albuquerque operation a troleum Club. program of mineral exSilver recommended the shut ploration and production. in and suggested that the OCC Colonial owns oil properties alhas two alternatives in the mat- ready in production in Oklahoma. ter of undrilled marginal acreage At Silverton, Colo., 140,000 tons in the Pictured Cliffs formation of lead, zinc, silver and gold aro in the basin. blocked out and ready for mining He said the OCC could either with an anticipated profit of $4 permit waste to continue or could per ton. Other new Colonial acquisitions Shut in the Pictured Cliffs fields urauntil marginal drilling can be include potentially-valuabl- e made economically feasible. nium and thorium claims to supMacey replied, Wearent going port last months increase in capto shut in the fields the econom- italization from 3 million to 15 ic impact of such an action on million shares. Colonial operations now range the state would be tremendous. TO Page 3 The Western Mineral Survey. Salt Lake City. Utah of Hinsdale County necessar- ily will delay operation of the Uranium-Pitze- r properties until spring, Hickman said. Moab Mining, Oil Firm Licensed By N. M. The U. S. Mercury Corp. of Albuquerque is among new companies that have obtained charters to do business in New Mexico. of the firm, Incorporators formed to deal in minerals, oil and gas, are T. P. Wollston, H. W. Schwarz enholz and J. V. Geldern. Capital stock was rethe present market. ported as 10,000 shares with A option on the three $10,500 paid in. properties has been obtained from Pervls Vickers of Lake City, the announcement said. Terms were not disclosed. Seasons Greetings C. M. Hickman, executive vice president of Moab Uranium Co., said that Walter Kassel of Kassel Uranium Enterprises, Monticello, Utah, also has purchased a mining property and a mill in the Lake City vicinity. Kassel has installed a new Utah Oil Building crusher and other equipment in the mill, Hickman said, and exSalt Lake City pects to have it in operation soon. Deep snows in the high coun The other mines are the Gnome and Detroit. Pitzer said they have lead, zinc, silver and copper values running $107.93 per ton at six-mon- th EQUITY OIL COMPANY Pb. EL -- 4 v .t '& Res HU 18 18 A iv New Mexico Bureau The New Mexico Corporation Commission has granted authority to George W. Smith Jr. of Cortez, Colo., to carry uranium ore from the McKinley county e operations to the uranium processing plant at rector in Charge of Bureaus Shiprock. Health and Safety Activities and The hauling authority also had veteran of many underground res- been requested by officials of Kerr-McGecues, said it is safe to enter oxygen-deficient atmospheres only when wearing oxygen-breathin- g apparatus. try : z "' . . - TELEVISION f and Communication , Engineeing Y'wSl Kerr-McGe- DOC KITT0 255 East 2nd South Salt Lake City Manager See Ad Phone Book Page 311 e. fniarvesteir However, learning to use this equipment or gas masks safely requires long training under compe- tent instructors. Company LOOK Let ui show yon how losses can be turned into pioiits. For further information send in coupon below. Fh. HU 24 TWX-S- U 73 Phone EM 4-78- 61 gg Salt Lake City, Utah Valley State Brokerage, Inc. 2250 So. State, Salt Lake City Please send Bulletin fo Name 435 WEST FOURTH SOUTH Address. 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