Show i MINING MA MATTERS MATTER'S TIERS 1 I I Ho H. H t-H-H t H-H- H NEW EW PARK TO DEVELOP I 28 UIl URANIUM NIU CLAIMS IS I New Park Mining Co has secured leases on 28 2 uranium claims in the j I I Circle Cliffs area of Garfield county and has hns engaged contractors to develop an I open pit mine Location Is 43 miles south and east of Escalante Utah W W. H. H H H. Cranmer president of New Park said objective Is exploration for and uranium ores I IThe IThe The leases were acquired from Fred Hinds of Marysvale who represents a number of claim holders In the area A percentage contract has been worked out between Mr Hinds and his group and the mining company Contract Let i i Harry and Jack S S. Frazee of or Frazee Frame Brothers Earth Moving Co Colorado Springs Colo havo been hired to con con- conduct conduct conduct duct the open pit operation Mr Hinds said the plan Is to truck the ores to Escalante Prospectors feel the atomic energy commission will establish an ore-buying ore station there if 1 good volume of production production production tion Is obtained The Garfield Garneld county commission has authorized Improvement of the roads to the mine area from Escalante to facilitate facilitate tate trucking La Lays LaS s In Strata Mr Hinds said the lays in strata from four tour Inches to five or six feet in width and apparently covers coders a a. wide area It has vanadium values and Mr Hinds said he believes It will run about the same percentage of uranium oxide as the other ores of the Colorado i plateau I There are some claims staked In Inthe in inthe inthe the area Mr Cranmer also disclosed that New Park geologists were examining the company's state lease north of ot the McIntosh Henry discovery In the Marys- Marys Marysvale Marysvale Marysvale vale district Robt W. W Bernick In Sat Sat- Saturdays Saturday's Saturdays Saturday's Telegram SHIPMENTS IE TS New Park 1380 tons STOCK SALES THURSDAY New Park at 1122 2 at New York Exchange Park Utah at Silver SUver King at MONDAY New Park at New York Exchange Park Utah at Silver SUver King at TUESDAY Bristol Silver SUver 1000 at a e. e Combined Metals at Eureka Lilly 51 at Eureka Mines at Howell 1500 1600 at at 1000 at 1000 at Madison O at V y Continued on Page Five Stock Sales Shipments Continued from Page One New Park at Plumbic OO at c 16 c at Royston Roston 1000 at 4 c. c Silver King Western at 2 at at Silver Shield 1000 at 2 c 2000 at 2 c 1000 at at 2 c 1000 1 at 2 c 1000 at 2 c 2000 at at 2 c at 2 3 c 2000 at Tintic Standard at t Curb Sales Sales- Mountain fountain States Development 1000 at atc Sic c Utah Power anti aim Light 15 at 2425 Royston 2000 at 4 c. c Silver Sliver Shield at 2 n c. c New York Exchange New Park 2000 at Park Utah at Silver King at Vi s. s WEDNESDAY Y New Park Park 1600 at at I f. oo at at z I New York Exchange New Park 2000 at Park Par Utah at 1 Silver King KinE at |