Show F f I jJ II 0 Steen Replaces Cranmer as Head and Chief Exec of New Park Mine CITY CITY- Charles A. A Steen Reno Nevada uranium figure Friday was named named nam nom ed president and chief executive officer of ot the New Park Mining Co He ne succeeds W W. H. H H. H Cranmer long a leader jeader In the firm Mr Cranmer Cranmer previously had announced I ed his intention of retiring ashead as ashead as' as ashead head of ot New Park 4 I j Mr Mf Cranmer continues as a a member of ot the board of directors I IThe j The action came at a special meeting of ot the board of directors at the Alta AHa Club 4 Offices Moved l to Reno Ileno Mr Steen a former Utah State senator announced that offices of I Ithe the mining firm would be moved shortly to Reno Reno from I Keetley Utah We will wl establish an nn office at Vancouver BC DC In a Joint exploration ex and development Program program pro gram with Standard Metals Corp of ot Moab Mr Steen said Bald after the stockholders meeting He lie asserted asserted assert assert- ed that New Park was entering the foreign investment field because because because be be- bei i cause the domestic mining company company com pany any if it Is la to survive must seek such areas areas such as Canada Canada- where policies of the government are to encourage mineral minerai development development develop develop- ment went not eliminate it If It Im I'm mining in Canada per nape hape we will get some encouragement encouragement encouragement encourage encourage- ment from the State Department of the United States the mining geologist said sald New Park he said is a mining company and I am a miner This will be the direction of develop develop- development development ment meat of the firm Warrants Growth He lie eald said New Park will wl continue continue con con- its prospecting In the Mammoth Mammoth Mammoth Mam Mam- moth Mine in the Eureka district which program we we feel warrants development If It we we can find high high- grade gold gold gold- and sliver silver values we I might be he able to develop a property property prop prop- erty worth mining In the United States There will wilt be a period he addad added ad ded dad when the Mammoth proper property ty program will undergo review and evaluation I Hecla Mining Co which last year took over operations of ot the Mayflower Mine in the Park lark City i district has completed feet of I I shaft work and la le s now engaged In development of ore There has hasI been some encouraging values I encountered In the Hecla work he ho said I I While New Park Mining Co I I has its In problems we also have promise promise Mr Steen concluded ded I |