Show the mining bup bu ny by thomas E H bryant SCHEDULE 1 I minimum Alini prices specifications and conditions 1 PRICES payment for delivery of the ores ires will be computed on tile the following basis a uranium 1 ores assaying less than 7 no payment any such ores which are delivered to the purchase depot shall unless otherwise ier specifically a agreed reed to by buyer become tile the property of the buyer as liquidated damages for buyers expense of weighing sampling and assaying and after sampling may be placed in process commingled 1 or otherwise disposed of by buyer if seller lias has any question as to the quality of his ore it is suggested that before shipment and delivery to the purchase depot a representative sample sampie be submitted to the buyer or to one of the umpires for assay at sellers expense the buyer at its discretion may assay a limited number of samples without charge 2 ores assaying and more as follows payment assay per pound oi z ao 0 15 co 0 18 cao 0 19 and more 3 premiums on ur uranium a niu m 0 25 per pound for each pound of ill in elc excess ess of 4 pounds of per short ton 2000 pounds per t ton on of 0 f ore and an additional premium of per pound for each pound in excess of ten per short ton fractional parts of a pound will be paid laid for on a pro rata basis to the nearest cent b vanadium at per pound up to but not exceeding ten pounds of 1205 for each pound of contained in ores no factor will be included for in excess of ten pounds for each pound of although buyer may from time to time publicly announce that for limited periods by bv written agreements with individual producers in excess of tien ten toone to one will be paid for adv such announcement will be made by posting 0 s t ing a notice to this effect at t the h e monticello depot and through such other channels as are deemed suitable u to achieve maximum dissemination se mi among producers excess shall be deemed to be buyers property c allowances 1 A development allowance of per pound cont contained in ores assaying or more in recognition of the expenditures necessary for maintaining and in creasing developed reserves of uran uranium aum ium ores fractional parts of a pound will be paid for on oil a pro rata basis to the nearest cent sellers accepting this allowance are deemed to agree to spend such fun funds ds for the development or exploration of their properties sellers delivering less than 1000 short tons per calendar year will not be required to submit an accounting record of expenditures for development or exploration pursuant to I 1 this agreement but sellers delivering in excess of 1000 short tons toils per calendar year will be required under tinder the terms of their contracts to submit proof satisfactory to the commission that funds equivalent to the amount received as development allowance have been spent for development or exploration either during the contract period or within athin six months thereafter or alev unless ss otherwise provided in the contract 2 A haulage allow allowance afi ce of ac per ton mile for transportation of ore paid for under this circular I 1 from the mine where produced tol to the pu purchase lchase depot apeci specified f aed bythe by the I 1 commission up to a maxi maximum muni of miles tile the haulage distance from the mine to the purchase depot will be determined by the commission and its decision will vill be f inal final tonnages Ton nages for purposes of this allowance shall be calculated on oil the basis of natural weights rather than dry weights d adjustment of assays essays assays essays shall be adjusted to the nearest for purposes of payment 2 QUALITY AND SIZE ores will not be accepted by buyer under this circular which in the buyers judzent ju dment a contain less than b contain more than three parts of lime to one part of or a total of more than 6 lime in the ore c contain impurities deleterious to buyers buyer s extraction process or for any other reason are not amenable to it d contain lumps in excess of gwei twelve v e i inches i ic I 1 i es in size NOTE the commission will be interested in discussing arrangements for delivery to it of types of uranium bearing materials oth er than those for which guaranteed prices have been established such as tailings mill products product sand and ores of types not acceptable under this circular dated at washington D C this ath day of february 1949 by order of the commission C SHUGG acting general mgr |