Show moab uranium C co of has joint option 0 for three mines MOAB UTAH dec 7 A bontem plated diversification in moab uran ium aum co operations was disclosed here today with announcement moab uranium and R RA A pitzer have ac quiren 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 80 per ton the other mines are the gnome and detroit the announcement said they have lead zinc silver and copper running 93 per ton at the present market A six month option on the three properties has been obtained from pervis vickers of lake city the ann oun cement said terms were not disclosed C M hickman executive vice president of moab uranium co said that walter kassel of kassel uran ium aum enterprises monticello utah also has purchased a mining prop erty and a mill in lake city vicinity kassel has installed a new crusher and other equipment in the mill hickman said and expects to have it in operation soon deep snows in the high country of hinsdale county necessarily will delay operation of the moab uran lumnitzer lum pitzer properties until spring hickman said |