Show i iX I X I I 1 11 I 1 l oIoI I 11 01 1 1 1 I Iii ii i. i Mining Matters I II I H J J. J o r. y t 4 li ro 4 c zI F M a T a PARK PAm UTAH CONS TO EXPLORE i NEW BEDDED ORE ORB BODY ODY i iAn An inside shaft will be driven from fromI fromI I I level of drain tunnel to the 1800 level in preparation for tor exploitation of an an- another ano another another o other deposit of or bedded ore at property of ot Park Utah Consolidated Mines Co If 1 i strong indications encountered during past weeks are confirmed by program of ot drifting crosscutting and further i blocking during the next few months I j The deposit of ore is s believed to extend from the 1500 to the 1800 levels in inin inIn in the firms firm's Ontario mine at Park City j i Location is in northeast segment of or of mine mina between No 9 A fault and Hawkeye McHenry Since last July the company has been engaged in I explore lion and development work only Paul PaulH and In- In Industrial In In- Industrial H H. Hunt is president Mining News i f TO EXPLORE FOR URANIUM AT I New Now Park Mining boning Co will start ex exploring ex- ex exploring exploring I for uranium soon in the MarS Marys- Marysvale vale Plute Plate county territory W. W H H. H H. I Cranmer company president and gen- gen genI I eral era manager announced Monday in n Salt Lake City to a Tribune reporter I His Hla announcement came at the annual i i stockholders meeting In Newhouse hotel Company officers and directors were re- re elected at the session The mining executive disclosed that New Park already has begun preliminary studies In the area Actual mining operations which probably will wm make New Park the rho second Utah mining company com com- company company pany to start prospecting for uranium ore are will start as soon boon as ns possible he said U I Meanwhile he announced settlement 1 of the standing long-standing lawsuit between J New Park and Park Chief Mining companies com com- companies companies over the land group in Inthe the tho Park City district The land lana in dispute for tal the past several years pears will willbo willbe willbo bo be divided approximately In half between be be- between beI I tween the two companies Mr 1 Cranmer said i Officers and directors reelected in- in In inI I elude clude Mr l Cranmer R. R C. C Wilson Vilson 1 first j vice president and treasurer Fraser Buck secretary Robert L L. Cranmer assistant secretary and Orvel Bonnet I Provo James W W. Wade and Clark L L. it Wilson Willson directors i I i STOCK SALES I I THURSDAY East Utah at 9 9 c at 9 c at air lOc New Park at New York Exchange I New Park at Park Utah at I Silver King at FRIDAY East Utah 1600 at lOc New Park at at New York Exchange New Park at Park Utah at Silver King at MONDAY New Park at New York Exchange Park Tark Utah at ya Silver King at TUESDAY New Park 1300 at at dt t fc y East Utah at lOc 1500 at 9 c. c New York Exchange New Park 2100 at Park Utah 2800 at tf Silver King at WEDNESDAY New Park at East Utah at at at 9 c. c c New York Exchange New Park 1000 at Park Utah at a. SHIPMENTS New Park tons 1450 Park Utah tons i I iI Total tons 2165 I 2165 |