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Show the western mineral survey 4 Face Method Designed For Exploration ining SIDNEY MINING was the sensation of the Spokane Stock Exchange this week. The stock has advanced from a 14 year low mark of 38c last Monday to sales above the 80c figure today. Turn- over approximated 45,000 shares for a valuation of over $20,000. A promising British Columbia silver-leaproperty which has had the eye of large mining interests is being figured in! the companys future plans. Closing bids for 5000 share blocks have been posted on the Exchange Exactly throughout the week. nine years ago today the issue d Friday, July Salt Lake Stock Exchange A rapid, accurate and easy-to-us- e method, designed by Bureau of Mines metallurgists for determ- 3000 previous 12 months. DIVIDENDS paid by Coeur d Alene district mines in the first six months of this year were up .13. .09. Pk. Cy. Con. 1000 at .10. Pk. Koaold 500 at .03. Pk. Prem. 1000 at .OX Piute 1000 at .05; 250 at al 4 at Or. Western 2000 at New Park 50 at 130. omalous areas is planned. Silver ining the heavy-minercontent Syndicate, Clayton Silver and of beach sands and concentrates Sunshine Consolidated have inter- produced in mineral-processin- g ests in the mine . . . In Alberta, plants, is described in a technical 184 oU and gas wells in which report released today by the De- Sunshine has interest are being placed under water flooding and gas injection programs to insure maximum recoveries. Sunshines net income for the 12 months ended June 30 is estimated at $399,-55- 8 8or 27 cents a share vs. $716,-03for 48 cents a share in the 19, 1957 .04. at .20. at .16; 4005 at .15; 1000 at .14; 6000 at .13; 8000 at .12; 1000 at .12; 100 at .15; 3000 at .13; 3000 at. 13. Tlntls Std. 700 at .70. Curb Sake CoL RexaU 1000 at .27; 500 at .20; 1500 at .27. Tintlc Std. 300 at .70. Tar Baby 1000 at 14. Sundance Tar Baby partment of the Interior. Valuable heavy minerals such as cassiterlte, the ore of tin; rutile, from which titanium Is made; ilmenite, a source of titanium pigments; and zircon, for zirconium metal and refractories, are obtainable from beach and dune sands scattered over the earth. However, because these minerals were deposited unevenly by wind and water, richly endowed areas can be located only by extensive core 1000 600 DENVER Uranium Stocks ... The following Hit of uranium etooki are 'mm of companies currently producin' to $1,902,207 from $1,665,142 a closed $4.60 $4.70. uranium and luted aa shippers to the SILVER SYNDICATE is look- year ago. Chiefly responsible AtomU Energy Commission and eempanlee drilling. which, while not Bated ee ihtppere by ABC, ing better than at any time in 18 were the return of POLARIS and to an Income In other mineral field! of have list the WAITE payJACK are values Silver months. running 50 of increases dividend ers plus consistently higher than expected on the new 4000 foot level. They per cent by LUCKY FRIDAY and range from 15 to 40 ounces per 25 per cent by HECLA. HEARINGS on proposals for an ton, versus 10 ounces on the hightax on lead and zinc imexcise has also level. muck Drift er 3850 scheduled by the higher lead content 7 to 10 per-ce- ports have been means g committee The Governments uranium and House 7 to vs. 6 ways percent. Although station narand is little a for August sampling plant the S.S. fault vein at White Canyon, Utah, will cease rower than above, it is so rich accepting uranium ore at the close that even development rock is business on July 31, 1957, it the of being mined at a profit. Only was announced today at the 70 ore shoot is being developed Grand Junction Operations Office for now and it has been opened U. 71 S. Atomic Energy Comthe of 130 feet. The a distance of from Page 3) (Continued mission. shoot, to the west, contained copreasonably flat slope, except for per and silver above. It is a reas- two miles past the summit of The opening of the Texas-Zin-c onable expectation that this shoot, Baxter Minerals the pjoint, Corporations ore buying highest too, will prove richer at the new where 21Pass, necwere Mexican Hat, Utah, on at station degree slopes Mine deeper working horizon. concensolids March 1, 1957, preparatory to Initially, output Is from 1500 to 2000 tons essary.' Gilsonite-65 of the mill now under 35 completion tration of monthly. is the construction, provides a market SUNSHINE CONSOLIDATED measure of protection ore produced in the White summit for the reservoir at has' production of about 2000 can Canyon and Red Canyon areas. tons of ore monthly. Stope ore is of Baxter Pass. This reservoir These ores will now be hauled direc35 flush the system in both approximately averaging over to the Mexican Hat ounces of silver to the ton. The tions. There is also a high pres- a new direct road builtplantTexas-Zinby sure pump at the refinery that can 3400-levdrift again is being back-flush line. the pushed westerly into virgin These precautionary measures Since the purpose for which it ground. insurance against was established has now been fulextra IDAHO CUSTER has been add- mean exfilled and other markets are now ed to the list of mining stocks plugging of the line. In fact, so that is long showing the Spoof perience members available for. production from the quoted by mainare velocities as an on adequate Stock the kane Exchange district, the continued operabasis. Todays tained, slurry can be continously tion of the White Canyon buybuild-u- p of ing station is no longer justified. quotation was 2c bid and 3c ask- circulated without ed. The firm was organized in solids. Seven hundred Ions per day of 1951 to operate the old Livingston SEARCHERS FOR silver-lead-zin- c mine in Custer Gilsonite are flowing into the proHeavy Duty : 275 is The mill Idaho. Old output tailings cessing plant. County, URANIUM CLAIMS were reprocessed at a profit in tons per day Sf calcined coke, MACHINE TOOLS kbi flotation mill and 1300 barrels per day of gasoline a new 200-to- n Anybody in search of valuable Bristol Silver 1000 at .17. some ore also was taken from and varying amounts of fuel oil, for ludustry Btd S500 at .03. old workings. The shaft now is be- which are being used as fuel in uranium claims might do well to Central Chief Coni. 400 at .55. investigate properties owned by Comstock 900 at .19; 1000 at .20; 1000 ing deepened to open ore found the refinery. The pumping units the Some Calderwood Brothers. at .21. by downhole diamond drilling. maintain a pressure of 2200 Commwlth Lead 2000 at HECLA is doing the work under pounds per square inch, and a say they are no good; others say Columbui RexaU 3500 at .01. 29; 5000 at .28; sec200 at .29; 2500 at .28; 500 at .28; 3000 contract and has an option to con- flow rate of 350 gallons per min- they are in one of the best at .27; 500 at .29; 6000 at .27. tions of Grand County, Utah. optinue under a profit-sharinConi. Eureka 200 at .57; 50 at .65. ute; Horsepower of each of the Croff at 06. erating agreement. three pumps is 300 H. P. The Some say these claims are five Dragon 100 at .97; 300 at 1.00. viris 600.-0GLADSTONE trucking East Std. 3000 at .08. itself holds some Idn W. 2nd South miles off the channel; others say East pipeline Utah 2000 at .14; 1000 at .13; water. of tually pure lead ore to the Bunker gallons nobody knows where the channel 3000 at .13; 3000 at .13; 2000 at .14; Hill smelter. Recent shipments avAn interesting aspect of this was a million years ago, when eraged 77 per cent lead. Smelter pipeline is that it follows for these uranium deposits were receipts since shipments were re- much of its route the old Uintah lain down. sumed in May following a shaft Railroad, completed in 1904 for EES. BEFOETS ON EADOEOC Some say that by drilling some URANIUM fire have amounted to about $10,-00- the sole purpose of carrying Giltofaek 240-foand QUOTES konolp 1956 salt Smelter returns in sonite from the Gilsonite mines to 300 feet to tap this taled more than $66,000. The les- Mack, Colorado the railroad wash formation, "we should have Jmly 17, 1957 Aiked Approx. Bid see has undertaken to deepen the was abandoned only in 1937 and several wide strips of high grade Oieen River the main shaft 300 feet to reach uranium, with some of less values of Ounstte some the featured sharpest 500-foHomestead point where it is believed curves in railroading history. For or width. Indian Crk found be bodies ore may larger Int. Metal over Baxter Pass, miles 7 contiguous several are this In group old such as in the adjoining Jolly Jock One IVt. reach engine- claims all well taken care of, all Klabob Electric Point mine. The company the grades Kane Creek faced when on the the and er spot assessment work up, quit kept Knapp gets a 15 royalty on all produc- with the LUbon prospect o ftaking a train titles clean as unpatented claims tion. Lucky Me one mountains. At over the be. point could Monada DAYBREAK URANIUM has rose on Baxter Pass, the railroad Mayday tons of 4500 more than stockpiled Road is good and no high Mayflower more than 2000 feet in six miles. Moab Ur. autunite at its No. 1 open-pi- t can appabut get drilling bluffs, Mt. Peak mine in the Mount Spokane dis- With the coming of automobiles ratus on claims with no trouble. Mt. Valley the truck and modern transport, Ol Jato trict. More than 400 tons averages with the Our they potential price Pennell 0.60 per cent uranium oxide and road fell into disuse and was fin- hold is very reasonable, but we Plneco Producers the average grade of the entire ally abandoned. them not are away, by giving Radoroek was The 0.20. At by at designed estimated is pipeline stockpile Ran Rex means. We will take cadi or any of Republic the firms Spokane Indian Reser- the Engineering Department one else in some take we will Rocket vation shaft operation, chemical Standard Oil Company of Cal- with us who will do the drilling Royal Sahara ifornia. The operassays in about 135 feet of ad mining, on good terms. Shamrock opment drift have ranged from ation at the Gilsonite, Colorado, Bilv. Buck Spencer 0.19 to 0.45 per cent uranium end was worked out by Standard Why waste time traveling over Ensuch Californias when Oil of terrain miles of highly oxide. Company CROMER BROKERAGE CO. SUNSHINE has started produc- gineering Department with Allen favorable property can be had as Sails 4 Salt Ukt Stock Exchange Biiliiig. 3S Exckaage Flact ing uranium ore at the Ransom & Garcia of Chicago, and Engine- above described? Write us at 825 Lake and Salt East 10th Gilsonite near American South ers of Street, mine Blanding, Utah, Salt Lako City, Utah Telephone EL !WX SU- -l 80 City 2, Utah. Adv. drilling of several extensive an . ; . Halts Plant At White Canyon AEG nt ore-buyin- . 1-- 2. Pipeline . . . 8,500-foot-hi- gh p. el Over-theCount- er TODD -- Machinery Co. g 011-3- 000 00 -- an 0. ot ot de-water- ing , 3-- 14 |
