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Green River Journal in Green River, Utah

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Green River Journal

Location

Green River, Utah, United States of America

Date

Sep 22, 1955

Page

3

Atlas Uranium and Paramount Agree to Merger

Atlas Uranium and Paramount Uranium approve a merger with Atlas surviving and purchasing all Paramount assets. About 23 million Paramount shares representing 37 million outstanding were represented. a near unanimous vote favored the deal. Atlas gains 100 uranium claims, recapitalized at 10 million, plus about 150 thousand dollars cash and other assets. Atlas operates the Last Chance mine in Brown's Hole and holds a large oil and gas lease on 3,500 acres on the Orange anticline in La Plata county Colorado.

Atlas Uranium Paramount Uranium Atlas Paramount Arches Brown's Hole Sum Properties Orange Anticline la Plata County Colorado J. C Jack) Burgess Moah Salt Lake City

Moab Uranium Co. Denies Stock Dumping Rumor

Moab Utah Sept 21 Mr Hickman board chairman and executive vice president of the Moab Uranium Co said all stock issued to officers and directors at the time of the public offering remains in escrow with the Utah Securities Commission He dismissed circulating rumors that officers are dumping large blocks of stock as entirely unfounded.

Moab Utah Mm. Wick Man Moab Uranium Co Utah Securities Commission Mr. Hickman

Drill Holes Pay Off For Blue Goose

Moab Utah September 21 Blue Goose Mining Inc has hit ore with three drill holes on its Blue Goose claims in Circle Cliffs Garfield Count Utah J C Goode in charge of field operations said the holes lie in a triangular pattern 250 to 300 feet behind the Blue Goose adit Two holes yielded three and a half feet of ore and one hole yielded three feet The company plans to move in mining equipment and a four man crew will begin drifting within two weeks Drilling has been suspended pending enough ore for mining Goode noted Blue Goose previously shipped two loads of ore from the drift before its public offering

Moab Utah Blue Goose Mining, Inc Blue Goose Circle Cliffs Garfield Count J. C. Goode Goode

Pointers for Prospectors Uranium Ore Tips

D L Blake explains that certain rock formations mark uranium deposits but do not guarantee commercial quantities. Once a favorable formation is found, developers must judge uranium minerals by appearance and structure to avoid sampling the wrong rock. Primary ores are introduced with two general classes.

D. L. Blake

Uranium Ore Types Described for Prospecting on Colorado Plateau

The article outlines primary ores pitchblende and uraninite with uranium contents of 50 to 85 percent, plus secondary ores carnotite autunite and tobernite. It explains occurrence, crystal forms, colors from lemon to deep yellow or green, and typical associations with other minerals.

Iona Colorado Plateau

Also Mentioned on This Page

Atlas-Paramount Rich Mine Burgess Albert F. Enyart Moab and Duran Foundress Says Co Roberts Clinic Stanley Roberts, N.D Silvagni Warren H. Dean Green River A. Miller Sams Kearns, Utah TNT Americas Redd Motor Co TFN Irene Simonds Arbon Cafe Mecclintlock Realty Phone Phone Glen Allen Jack Smith New Green River School Pan American Fred Rasmussen D& Rgw, RR CO Mount Pleasant H .D. Parker Helper D. W. Christiansen Notary Public Pearl Baker Laura Jean Short Joe Baker Drift Mining Co Cook Office Calyx Chespeake Bay Retriever Lee Howland Hal Frigidaire Zeneth Green River, Utah Politano Grocery Style Calyx Building Maxine Baker and Amata Gahagan Proprietors Midland Garage
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