OCR Text |
Show June 8, 1956 The Western Mineral Survey, Salt Lake City. Utah Page 5 Activity Nova jo Tribal Welcomes Delhi-TaylActivity and FARMINGTON, N. June 5 Oil or M. exploration develop- ment in all the Four Comers country will be stimulated through the contract recently signed between Delhi-TaylOil Corp. and the Navajo tribe, Delhi-Tayldeclared in a statement issued here or or today. . Under the contract, now awaiting approval by the Commissioner of Indian Affairs', Delhi-Taylwill explore 5 million acre- sor approximately of the sprawling Navajo reservation. The tribe will receive half the net profits from oil, gas or helium discovered, and will retain full rights in any other minerals, including uranium, that may be found as result of drilling. Paul Jones, Navajo tribal council chairman, has stated the rate of tribal earnings under the con tract would be greater than any heretofore offered by the oil inHowever, the contract dustry. has been criticized by some who contend it might freeze out other oil companies interested in the Four Corners area. one-thir- d Bristol Mines Ships Ore ore now being shipped from the Werner lease of the Bristol mine is averaging a net value of $72.55 per ton. To date 10 carioeds, totaling 501.55 dry tons have been shipped, according to George W. Silver Mines Co. To date 10 carloads, totaling lease was discovered in Feb. Snyder said. The company is Such criticism now pushing for regular ship- true, the r tons per month. said. ments of Copper-silver-lea- d . simply is not statement Delhi-Taylo- 00 Within CLASSIFIED ADS ROYALTIES AND LEASES OIL AND GAS property is our second name. Tell us what you want. We perhaps have it. United Uranium Co., First National Bank Building, Tulsa, Oklahoma, Phone Gibson FOB LEASE OR SALE YOU WANT good mining properties? Then call or write us. We have a long list of satisfied customers. United Uranium Co., First National Bank Building, Tulsa, Oklahoma, Phone Gibson DAVID H. CROCKETT Consulting Geologist 109 LESLIE AVE. PHONE HUnter Salt Lake City, Utah 57 Delhi-Taylo- r or gas lands." DO a year, must select portions of the land under contract on which it desires to continue exploration. Land not selected by the company will be returned to the tribe, and could then be leased to ocher companies. The possibility exists that, rather than being 'frozen out', other companies may be asked to in participate with Delhi-Tayldevelopment of reservation oil and Delhi-Taylo- r pointed out the populations of all the Four Corners states New Mexico, Ariare zona, Utah and Colorado increasing rapidly. This population increase will require more community services, additional school facilities, better highways, more housing and general business expansion," the statement said. Development of natural gas and petroleum resources is fundamental to the Four Corners area. This development will provide the capital to meet other economic requirements. Most important of all, the region will prosper because the Indian himself will benefit from any oil and gas found. The present contract with the Navajo tribe, initiated by the Indians themselves, provides for exploration instead of exploitation of the reservations oil and gas lands. The contract includes another point of much importance on the arid reservation. Any water discovered in excess of drilling needs will go to the Navajo tribe. The company will equip for irrigation, or for livestock use, an wells with sufficient water to warrant development. Delhi-Taylhelped pioneer oil and gas exploration in the San Juan Basin. The companys Four Corners headquarters is Farming-ton- , and it also has offices in Moab, Utah, where it is exploring extensive potash deposits. or Mining goes to school In the past two years the Utah Mining Association and its members have distributed to Utah schools 4400 mineral specimen boxes, 5000 supplementary text books, 4000 Utah natural resource maps and $5000 worth of additional helpful literature. This is part of the program to help education, for individual mining companies have contributed hundreds of thousands of dollars in research grants and scholarships. UTAH MINING ASSOCIATION "From the earth comes an abundant life for all SPOKANE RESERVATION SHOWING MAJOR DEVELOPMENTS NOW IN PROGRESS Spokane Area Reports Boom The rich uranium ore bearing area around Spokane, Wash, joins Ambrosia Lake, Colorado Plateau and Wyomings heavy uranium producing country in the top headlines this week. Current estimates, according to reports from the area, are that the uranium industry will spend more than $1,000,000 on exploration and development work this year. Much discussion centers on station in the area, with posgetting an sibilities of a new mill. Individual companies are moving at top speed. Daybreak Mines recently shipped five carloads of uraninite ore from its Lowely1 lease to Vitro Uranium Co., Salt Lake City. Big Smoke Uranium shipped a similar load from Sec. 11, adjoining Daybreak, last week. Northwest Uranium, now viewing a merger with Pathfinder Uranium of Salt Lake City, last week entered a profit sharing deal with National Silver-LeaMining Co. of Wallace, Idaho. The working agreement provides that National Sil will explore and develop the properties for a 75 per cent interest, and in event of an ore discovery will be entitled to select 160 acres from each of the two prospecting areas for lease. In the Mt. Spokane area two major strikes Operations of Northwest Uranium Mines, Inc. take the limelight. Have increased in the past 18 months. Silver Oscar Herem of Miles City reports an autu-nitBuckle Mines and Pathfinder Uranium comore find on a state lease located about hpif a panies hold 18 per cent interest on the commile west of Daybreak mine. panys properties. Map shows area on NorthSecond new discovery was reported by Ameriwest properties. 50,000 tons of ore is outlined. can Leduc Uranium corporation in Beaverlodge district, Saskatche- pit operation is being used. The on property adjoining Daybreak wan. company plans to ship 20 tons of on the west. Am Leduc reports The Am Leduc company is ore in the near future. ore showings 40 to 52 feet below using a new surface tunneling Ore is also being shipped from surface. The company also has method of mining which facili- the Kit Carson properties and the seven mines located in Colorado, tates the use of ultraviolet light Dawn Uranium and Oil comin heaviest concentra- panys Smith lease. Kit Carson Utah and New Mexico and a 100 tionslocating of autunite. properties will be worked jointly ton per day pitchblende operation At the Daybreak mine an open by Daybreak and Yukon Oil, Ltd. ore-buyin- g d e I ! |