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Show Pgt 2 September 21. 1956 THE WESTERN MINERAL SURVEY Utah Tops In Report Notes DMEA Spending In Area U-Produc- tion; WESTERN MINERAL St. Regis Ends Extensive SURVEY Drilling Program Utah, first in the nation in uranium ore production, received 33 per cent of government exploration assistance loans from June 1955 through May 1956. During that year the Defense Minerals Exploration Administration approved 15 projects for uranium exploration in Utah. More fense Minerals Exploration Ad- is in New Mexicos Ambrosia ministration aid to the uranium Lake district. Utah, however, conindustry are published for the tinues to lead the rest of the na- approved nationwide was earmarked for Utah work. New Mexico, second in total DMEA funds received, shows seven approved projects with a total value of just over $555,000. The detailed figures about De- - of view. first time in Uranium Informations annual review and summary of the nuclear energy materials industry. It is the first publication to review in detail private and federal operations in the inthan $615,000 of the $2.09 million dustry from an exploration point Kane Creek Cites New Oil Income Kane Creek Uranium Corp., Moab, has forecast a yearly oil income in excess of $40,000 based on wells completed to date on oil leases in which the company has an interest. The New Mexico and Texas leases are held in conjunction with other companies. These leases total 1,160 acres, mostly in New Mexico, on which there are several producing wells. Other details revealed in the annual summary show that more than one of every five small firms organized during the past two and a half years was a uranium' company. Nearly 22 per cent of companies planning public stock offerings in the $300,000 or less bracket were to enter the uranium business. tion in total uranium ore production. It is followed in order by New Mexico, Colorado and Arizona. . Significant progress was made 38 49 Iron Find ... (Continued from Page 1) iston Copper Co., Tucson, Ariz.; Joe' B. Linn, Titanium of America Control Laboratories, Henderson, Los Angeles, Nev.; Smith-Emery- , Calif.; Arizona Testing . Laboratories, Tucson, Ariz.; Dings Con. & Associates. In addition to Martin, other officers of Omega Mines, Inc., include Leroy Shoemaker, Denver, Colo.; Clifford A. Jones, former lieutenant-governor of Nevada, Atty. Louis Weiner, and Max Ingalls, all of Las Vegas; Paul J. Sugar and Harry R. Ullmer Jr., of Salt Lake City. Committee on Interior and Insular Affairs, are Seated (I. to r.). Representatives John P. Saylor (R., Pa.), author of the resolution directing the study; Ed Edmondson (D., Okla), chairman; and Wayne N. Aspinall (D., Colo.). Standing, Representatives J. Edgar Chenoweth (IL, Colo.), William A. Dawson (R., Utah); Stewart L. Udall (D., Ariz.); Clair Engle (D., Calif.), who on Interior and is chairman of Insular Affairs; and Lee Metcalf (D., Mont.). OIL DISPUTE Right now the circulation oi the WESTERN MINERAL SURVEY is keeping pace with the uranium industry in general booming! Keep posted on latest news and quotations by reading the WESTERN MINERAL SURVEY regularly . . . every week. Cirralation Dept 421 Chuch SL P. 0. Res 2608 Sail Lake City. Utah 2 years $5.00 Name Address City AH nows appoarinp In the Western Mineral Sump la obtained from eonreea believed to be reliable bat no reeponelMl-It- p la aaenmed for aecmracp of atatementa. Reproduction of anp material from this publication mnat have written permleelon from the publisher. Yucca Buys Assets Of Falcon Uranium New Mexico Survey Bureau Yucca Uranium Inc. of Albuquerque, N. M., has purchased all the assets of Falcon Uranium and Oil Corp., for an undisclosed sum, according, to an announcement to Yucca stockholders. Each of the two firms, the announcement said, owned one-hal- f Interest in about 550 claims. Part of these have been leased and the remainder are' being negotiated with all royalties to go to Yucca. Included in the deal was Falcons interest in 296 other claims. N.M. Oil Worth $264 Million in 55 New Mexico Survey Bureau Oil wells in New Mexico turned out 82,426,291 barrels of oil last year, valued at $264,202,209, State ACCORDING TO EXPERTS, Land Commissioner E. S. Walker nuclear powered airliners will be has reported. an every day occurrence in less The Oil Conservation Commisthan 15 years. One pound of uranium would replace 250,000 gal- sion estimated that New Mexicos lons of jet fuel in the perfected proven oil reserves at the end of . 1955 was 1,161,865,000 barrels.. i A-pla- Compliments MAIL COUPON TODAY! Western Ulineral Surteif year $3.00 Adv. Mumper . Subscribe to the I RXX L. McARTHUU c e SENATE HEARS KEEP ARREAST OF NEW DEVELOPMENTS ep Adver-Ualn- $11,-337.3- 9 trol Laboratories, Milwaukee, Wis., and Jeffrey Magnetic Separator Co., Erie, Penn. Core drilling was undertaken by the McJunkin Drilling Co. and the Long Drilling Co., both of Phoenix, Ariz.; bidding for the erection of the Separation plant are the Conveyor Co., Los Angeles and Gallagher Co., Salt Lake City'. Representing the Omega Mines, Inc. as sales agents is the Los Angeles firm of B. Franklin Soffee TIIE ANSWERS TO SOME of the problems confronting the coal industry are being sought by the Coal Research Committee of the House of Representatives. Individual members are currently studying data and recommendations submitted by coal operators, the United Mine Workers of America, and government agencies. Further hearings are planned before the 85th Congress convenes in January. Members of the group, which is a subcommittee of the CIHCULATXOH Phone XX A drilling program that was 2402 Curtla Denver pt., ALplne started in May by St. Regis Uranium Corp. has been completed, ADVERTISING according to E. B. Brannan, president. Box 2608 XU Drilling on the four claims Salt Lake dtp, Utah known as Lone Pine, Blue Spruce was 2402 Curtla Bt., Denver Nos. 1 and 2 and the Go-L- o Alpine the company revery encouraging, Xntered ae aeeond daaa matter at Salt ports. Lake dtp, Utah, wider Act of March X One penetration in the Lone 1878. Pine encountered four feet of Subscription rates: $1:80 for two yoare: good grade ore, and the company is now starting to drive a new $3X0 for one pear. tunnel 190 feet to this ore body. Additional offset drilling to an Pleaaa mention Western Mineral Sur-vwhan writing to advertiser. ore hole on the Blue Spruce rates on application. claims will develop another are body, the company believes. The company mined and ship- MIRIAM BRINTON Editor during the past year in the uranium ore processiong field. Here again, Utah was among the leaders in this development. Enlargement programs were completed at operating mills in Salt Lake City and Monticello. Contracts were approved for new plants at Mexican Hat and La Sal. The mill at Moab reportedly to ped ore worth $28,715.98 to the be the nations largest was near Union Carbide Nuclear Co. mill to full operation the end of July at Uravan, Colo., from its Lone 1956. Pine claim. Of this amount, was primary production In addition, contracts were unbonus. thalt would der negotiation in July lead to the construction of plants in the White Canyon and Big Indian areas and at Green River. Other facts made public in Uranium Informations 174 page review show that private industry has taken over a substantial portion of the search for uranium. Private companies drilled some 4.5 million feet during the first six Subsequent developments, howevmonths of 1956 in uranium explor- er, indicate thalt the latter two neation programs. Government drill- gotiations will be terminated. Uranium Informations annual ing amounted to about 200,000 is available through Pereview feet. troleum Information offices .in Uranium Informations annual Denver, Casper, Billings, Bisreview points out that the major marck and Los Angeles. Price is discovery of the period reviewed $7.50 per copy. Ctmcb Stmt HEWS U1 DENVER ram Lorraine t State New Mexico Survey Bureau A special subcommittee of the Senate Interior and Insular Affairs committee was scheduled to open hearings on oil leases in Albuquerque this week. The subcommittee, headed by Sen. Clinton Anderson ( D., NM) was created to determine whether the oil industry is abiding by provisions of federal laws limiting the acreage an individual or company may hold under lease or option. Other hearings are planned later in other western states and possibly in Washington, Sen. Anderson said. HERCULES POWDER COMPANY L. W Early, Manager Kearns Bldg. Salt Lake City 3k |