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NYBob

11/05/06 10:45 PM

#1623 RE: NYBob #1621

Uranium Project History Snippets ...

Uranium, a radioactive element, was first mined
in the western United States in 1871 by
Dr. Richard Pierce, who shipped 200 pounds of
pitchblende to London from the Central City
Mining District in Colorado -

The ore was researched for fabrication of steel
alloys, chemical experimentation and as pigments
for dyes, inks and stained glass -

In 1898 Pierre and Marie Curie and G. Bemont
isolated the "miracle element" radium from pitchblende.
That same year, uranium, vanadium and radium were
found to exist in carnotite, a mineral containing
colorful red and yellow ores that had been used as
body paint by early Navajo and Ute Indians on
the Colorado Plateau -

The discovery triggered a small prospecting boom
in southeastern Utah, and radium mines in some
counties became a major source of
ore for the Curies -

Prior to World War I, radium mining dwindled but
a new bonanza was identified in the tailings dumps
of the mines -

When it was determined that the discarded vanadium
added to molten steel would greatly increase the
tensile strength and elasticity of the metal,
Utah's vanadium industry flourished -

One of the dominant figures in the resultant
boom was Howard Balsley of Moab, who sold
carnotite ores to Vitro Chemical Corporation
of Pittsburgh for medicaments and
luminous paint -

With the end of World War II,
the Atomic Energy Commission replaced
the Manhattan Project and launched the first federally-sponsored mineral rush in history.
The AEC constructed roads into the back country,
promised $10,000 bonuses for new lodes of
high-grade ore, guaranteed minimum prices
and paid up to $50 per ton on 0.3 percent ore,
constructed mills, helped with haulage
expenses and posted geologic data on promising
areas tracked by federal geologists using
airborne scinillometers and other sophisticated
radiation detection instruments -

The Four Corners area, where Utah, Colorado,
Arizona and New Mexico meet, suddenly teemed with
prospectors in the greatest ore search since
the gold fever days of the previous century.
Amateurs and experts, alike, followed AEC
guidelines and used radiation detectors called
Geiger counters to test promising sandstone
formations for uranium deposits -

Concentrating on exposed outcroppings along
canyon rims, they searched primarily for the
grayish Salt Wash member of the Morrison formation -
When a likely claim was located, some used diamond
drills to core test holes to determine if
mineable ore was present -

In 1952 Charles Augustus Steen, an unemployed oil
geologist from Texas, effectively proved there was
significant uranium ore on the Colorado Plateau.
Settling his wife and four young sons in a tarpaper
shack, he took off alone to seek the
precious mieral -

Unable to afford a geiger counter, he took a
broken down drill rig into the back-country,
ignored standard uranium-seeking technology,
and used oil exploration geology to locate a
rich mine of an area the AEC had deemed
barren of ore -

What had been ridiculed as "Steen's Folly"
resulted in the nation's first big uranium
strike -

Steen's find triggered more -

Vernon Pick claimed the Delta Mine northwest
of Hanksville, later selling it to international
financier Floyd Odlum for nine million dollars
and an airplane -

Pratt Seegmiller staked the lucrative Freedom and
Prospector claims near Marysvale -

Joe Cooper and Fletcher Bronson discovered uranium
in their played-out Happy Jack copper mine netted
over $25 million -

Claims were filed in few Utah counties -

A center of activity, the once sleepy farming
townbecame \known as
"The Uranium Capitol of the World."

Utah alone had produced approximately nine
million tons of ore valued at $25 million by
the end of 1962 -

But then the industry almost came to a standstill -

The AEC, now holding ample reserves, announced -
an eight-year limited program, and finally
completely stopped buying uranium in 1970 -

Private industry triggered a brief second boom -
when nuclear power plants came on line in the -
mid-70s, but foreign competition, federal
regulations and nuclear fears virtually put an end
to domestic uranium mining -

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