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Show Octobei 5. 1956 THE WESTERN MINERAL SURVEY Page 2 Kennecott Closes Doors On Scenic, Historical Point TIIE DAYBREAK MINE near Idaho's Coeur dAlene mining Mount Spokane and the Midnite region. mine on the Spokane Indian Res- declfrf'? a .refl ervation now rank among the na- - BUNKEB of ar tions major uranium mines. The 1956 0c a hare bringing its Atomic Energy Commission an declarations wdl over $2,000,- nounced in Washington, D. C., that it will take 36 distinguished WOO, 000. yment will be foreign geologists and engineers November 10 to stockhold- made tour from 22 nations on an y 8 of major producing uranium e on tha 05T' at Proflts ng mines. The itinerary includes the Quarter two Spokane area mines on Oc- - ware dwn WW bat Profits on sale caPltal assets including tober 13 NORTEI STAR URANIUM 0f. an electric utility at KeUogg will flclaU are a. excited a an ex-E0?. ar share. The more pectant father. Lovely greenish Predicted a better fourth autunite crystals have been uncovered on the Kessler quarter on greater sales of high zinc for diecasttogs in 1957 lease In the Mount Spokane dis-trict. The ore occurs in a shear ?t0?el automobiles and continued I 18-da- bk?c" "i0 r1 com-yello- w Py I Re le zone, like that at the Daybreak uranium mine. However, bull- - MINING 01 lead largest COMPANY, dozing has been under way for single holder of Bunker shares,e one week only and it remains to will receive $90,000 of the $574,-bseen whether a commercial 900 fourth quarter disbursement, IIOMESTAKE, Americas lead- size deposit has ben found. The has found its Vz- - In8 Sold producer, only I ts Huffman Utah uranium ventures so profit-operatio- n. able that it is going into uranium owner of milling. Subject to final AEC lease, will get 40 per cent Of proval, Homestake will construct any net returns after royalties end operate a mill near Grants, New Mexico. The agreement, in-and North Star 60 per cent. Ford, site of Dawn Mining volving several others firms, is g Companys $3,000,000 uranium said to involve more than in 000 and initial opfinancing plant, activity is picking up. Fifteen men now are em-- erating costs, NEW USES FOR LEAD ployed by the contractor, Western Engineering Co. of San tinue to appear. A 3 per cent Francisco. The mill site is being lead compound is being used as leveled and a tool shed has been a stabilizer for colored vinyl built. Reinforcing steel for the Plastics and electrical insulation, plants foundations arrived this Porcelain enamel for coating and excavation work will minum will take an estimated t start within the next few days. 30,000 tons of lead by 1970. has Electric started eral pilot quite all the customers are on the sidelines. A member of Plant producton of a new high-thSpokane Stock Exchange this temperature material called lead week received a letter from a man metaniobate which is expected to in the U. S. Naval Home in Phila- - be used in such gadgets as missile delphia. The man asked for a accelerometers. Atomic uses of prospectus on Silver Syndicate, lead for portable shielding, and added: Our mutual tumable and disposable contain-frienrecommended to me yester-- ers and leaded glass are also mul-da- y in New York that I put my tiplying. LUCKY FRIDAY was pennies into this instead of Wine, to take delivery this week uled and Song now that I of a have passed the Cryderman shaft mucker for tig use in pushing down its shaft post. MERGERMINES is acquiring another 700 feet, a half interest in a lease and option on the old Snowshoe mine near Libby, Mont. St. Paul Lead Co. of Kellogg, the leaseholder, is completing a gravity concentrator at the property and stockpiling Sufficient ore is said to be in sight for at least two years operation. Polaris Mining Company has an operating agree- ment which includes Mergers united Fund Silver Belt property in northern ap-th- e Due to expanding pit operations, the present Observation Point at the famed Bingham Canyon open-pi- t copper mine will be closed October 8, officials of Utah Copper Division of Kennecott Copper Corporation, announced today. However, L. F. Pett, General Manager, said investigations are now under way for the establishment of another Observation Point at a different location which will be opened next next spring. Mining operations in the vicin-t-y of the present Observation Point have been deferred this year in consideration of the many thousands of people who visit the mine, one of the worlds great scenic attractions. But it was inevitable that the Point would some day become the victim of progress, officials explained. Pit operations have now reached the stage where work must be performed throughout he area where the Observation Point is situated, said Mr. Pett. It is estimated that almost a million and a half tourists and Unlisted Uranium local residents have viewed the spectacular mining operation from the present Observation Point since it was placed in service some 15 years ago. Qaetstlens ss of October 4, 1956 1 During that time, the company stationed an official guide at the Point to explain the operation to visitors and answer their questions. The present Point is located at the upper end of the vehicular tunnel at Copperfield. In advising the public that there will be no facilities for visitors to view the mine after October 8 and during the remaining fall and winter months, Mr. Pett said: We know there will be many people who will want to visit the mine during this time. We regret not being able to have them do so. We hope they will not be too disappointd and will visit us again when facilities are prepared for them. All local tourist agencies and other public organizations have been notified of the closing date. Signs and posters informing visitors and others will be placed in appropriate places, officials said. Salt Lake Stock Exchange I $8,000,-processin- -' 1 con-Knap- p alu-wee- Thursday, October 4, 1956 The information Ur ted below la derived from sources regarded as reliable, not k I Gen-No- e re-Inc- ., d sched-Wome- n 82-ye- lead-silver-go- 50-to- high-grad- Bilv ld Tlmeo Trans West Tri-Sta- te I WESTERN MINERAL SURVEY u ram 431 cncuunos Church Street 2402 KEEP ABREAST OF NEW DEVELOPMENTS Phone EM Curtis St., Denver 2402 DI Salt Lake City, Utah Curtis St, Denver ALplne Entered sa second das matter at Salt Lake City, Utah, under Act of March 3. 1170. Subscription rates: 19:00 for two yearn: 13.00 for one year. Please mention Western Mineral Survey when writing- - to advertiser. Advertising rates on application. MIRIAM BRINTON L. M. HILL Editor Associate Editor All news appearing In the Wee tern Mineral Survey is obtained from sources believed to ho reliable but no responsibil- ity is assumed for aeeuracy of statements. Reproduction of any material from this publication must have written permission from the publisher. at .30. 200 at .72ft. Dragon Con. 600 at 1.10; 400 East Std. 1000 at .09. Subscribe to the urteif Right now the circulation of 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. .... I year $3.00 Circulation Dept 421 Church St P. 0. Box 2608 Salt Lake City. Utah 2 years $5.00 Name- - va Upetco Ukan. Corp Utan. Ind UTan. King Uran. 8v. at .14. 1000 Rexall Col. Western tftinefal U. N. Berly Curb Sales' Bristol Sil. ALplne ADVERUglNQ Box 2608 MAIL COUPON T0DAYI Ula .02 ft. Ms, OU St Mg. 1000 at .08ft. Miners Gold 1000 at .06. New Quincy 5000 at .07. North Btd. 2000 .at .02. New Park 300 at 1.30. Park Konold 5001 at .02ft. Piute Uranium 2300 at .11. Trans. Un. 0111000 at .05. West Toledo 8000 at .14; 1000 Zuma 2000 at .05ft. at 1.10. .07 .01ft .75 .01 .04ft .01ft .10ft .02ft 00ft 09ft 01ft 02ft .00ft 00ft .00ft 00ft Texas Thunderbt e. news - .06 01 70 00 ft 03 ft Sundown Temple Mt n LORMINI Buck Spencer Standard Stardust Sterling Strategic Mt Sun York Ur .01 .00ft .06 00ft .02ft 01ft .01 .03 07 .08 .06 .01ft 03ft .Q4 03 .04 02 Wyom. Yellow Cat .00ft .00ft 05 05 00ft .00ft Uranus U. 8. Uran Walters White Can Whltelock .03 - .00ft .00ft ,02ft 00ft .01 57 .62 00ft .00ft 19 .21 .00ft 01ft .01ft .02ft OIL NEWS LETTER Includes map successful well recent showing completions, new field, discoveries, etc. Also drilling wildcats and their progress, oil and gas news items regarding an area that offers you the chance of a lifetime by filing oil and gas leases on U.S. Govt. land. Salt Lahe City, Utah Suite He. Exchange Place OIL LEASE SERVICE. INCm Bonded Lease Broher, Dept. WM Reports en Temple Mountain, Plneee. Free on request. Cromer Co. Brokerage i ' Memler Salt Lahe Stoch Ex. 4-- 39 . State- - 8943 Wilshite Blvd. Beverly Hills. Calif. |
