Show moab mines has large ore body MOAB utah moab mines mmes bic inc ced that it has delineated a commercial ore body six hundred feet in length by two hundred and fifty feet in width in the east can yon uranium mining area san juan county utah one end of the deposit is still open indicating an extension of commercial ore yet to be traced by additional exploratory drilling located in the big indian district approximately eight miles south of the standard and homestake Home stake uranium mines the new hundred thousand dollar plus ore discovery adjacent to the old highly productive sunset mine owned by the denum corporation of america the property was drilled out by moab mines inc drilling rigs for christine mines inc a utah corpor aaion A contract agreement was sig ned between the two companies anies by their respective presidents chris tine vye and william J owen whereby the ore profits and govern ment bonus payments will be shared moab mines inc mining division will extract tae ore from the new strike which from present baserva eions is expected to be considerably larger that most morrison mines so far developed in the southeastern utah area technical opinions from geologists ts of both companies in evolved indicate that the discovery could pos developed dev elope into a ma jor ore body as the highly mineral iced channel is still to be traced at one end recent assays show ore values j of approximately two hundred and twenty dollars per ton but actual shipments will be of lower average due to the maximum economic po operations have already begun on a twenty degree incline tunnel which will be approximately one hund cd A c and ten feet long moab mines inc mining engineer william F john son to be in ore by the end of september surface facilities camps and supply stations are being erected on the property where opera eions can continue through the mild w winter inter months permission has been granted by the atomic energy commissions washington D C office to ship ore from tie humbug claim which holds the major portion of the pres ent ore delineation and from the boy claim onto which extends a still undetermined volume of corn com mercial ore application for bonus payment is being processed by moab mines inc |