Production At Copper Mountain Mine

From comments and questions concerning the meaning of USNR, and "why is the Navy in the mining business?" I believe it is worth while to establish the background and purpose of our company. We are a stock company formed by the purchase and reorganization of a company known as the U. S. Natural Gas Corporation. In May 1969, a group of investors with Mr. Robert L. Katz as president and chief executive officer, created United States Natural Resources, Inc., to develop and purposively use our Natural Resources in four areas: 1. Mines and Minerals 2. Forest Products 3. oil and Gas 4. Recreational Lands As final proof that we are not a government organization, I simply state. "We pay taxes." The mining division was formed in October 1969, with the completion of the merger of USNR and Vibration Measurement Engineers, Inc., Of Evanston, Illinois. Throughout the industry we were known as "VME," our company supplied consulting service in the field of seismic energy control, mining consulting and. we operated drilling, blasting and, contracting organizations in several areas of the country. Since that time we have developed and acquired producing properties in Quarrying, Coal Mining and Cement Copper Production.