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By Brien RT, O&apos

The work reported in this paper extends,-bhsb on the "Heat Hardening of Artificial Magnetite ;Pellets"., which was described at the- International Symposium on Agglomeration ;-sponsored by the American Institute. of Mining, Metallurgical and Petroleum Engineers at Philadelphia; U.S.A. in April, 1961. Whereas- that work was of a.,more basic nature, -serving to illustrate the suitability of artificialòmagnetites with various.admixtures, to the application of heat hardened pellets, on: this occasion the aim-is to illustrate the procedures-which were used-to- establish the dimensions of commercialòrecuperativ strands for Australian raw materials,The nature of the pellet feed, i.e. relatively uniform :spheres of4 3/8 in. - 7/16. in. diameter, makes it possible to use small scale static pots for test work. By the use of a closed system and the measurement of suctions, gas f lows, and temperatures through beds, the speed and heat requirements of the various stages of heat hardening can be measured, so: that for a specified quality of product estimates can be made of the broad design characteristics of a moving grate system. In practice of course it is .usual to correlate the data from this type-of :experimental 'apparatus with . existing production units upon which good operating data, in the statistical sense, are available.

Jan 1, 1963

The Burra Burra Aline is in complexly folded Torrensian dolomites and limestones forming the faulted axial region of a major anti cling. The orebody mined was largely of secondary origin and confined between two faults, Kingston's on the west and Tinline's on the east. The orebody occurred at the junction between cherty dolomites and a clastic limestone with a large mass of marble breccia along its western margin. Secondary ore consisted of carbonates and oxides in the breccia and the ore bed and detrital copper minerals deposited. As part of a clastic breccia in sink holes and solution cavities in the dolpthites and ore beds.Primary sulphides occur disseminated in the marble breccia and in stratiform habit in the ore bed. Kingston's so-called 'Lode' may be mineralised marble breccia.The marble breccia appears to be of diapric or sedimentary origin and there is evidence to support a sedimentary origin for some 'of the copper sulphides. No igneous rocks have been discovered within 20 miles of the mine and any hydrothermal activities were probably at comparatively low temperature. The possibility of extensive stratiform and disseminated copper sulphide mineralisation in the marble breccia and ore bed requires testing by further drilling and geophysicalsurveys.

Jan 1, 1963

By Wingham D. W

Based upon the previous work of Norman & Loeb, a method was used to assess the comparative wearing properties of ten different alloys being used, or being considered for use, as mill liners and grinding media at Mount Isa, The materials to be tested were obtained in the form of large diameter balls, and were run, along with the regular ball charge, in a large ball mill operating under normal grinding conditions. At selected intervals, the test balls were removed from the mill, weighed and identified, and their relative wear rates determined.INTRODUCTIONInformation in metallurgical journals, from local iron and steel foundries, and from various metal promotional organizations has suggested that the various alloy compositions available should be examined and assessed for possible use as milllfners and grinding media.Previous attempts at evaluation of recommended materials for these applications elsewhere, have usually involved the purchase of large quantities of grinding balls or complete mill liner sets, requiring running periods of up to two years or more. As well as being both a costly and lengthy procedure, the information obtained may be of little significance, due to changes in milling practice, and ore characteristics during the period of operation.To overcome these difficuities, a method was adopted based on the short time wear rate test recommended by Norman & Loeb (1949) and Norman (1957) in which all the materialsunder consideration are ·subjected·concurrently to the conditions of service.Previous calculations of wear rates have been dependent1. Senior Metallurgist (Materials), Mount Isa Mines Limited.2. Metallographer, Mount Isa Mines Limited.Manuscript received at The Institute, 22nd April, 1963, and presented to the1963 Annual Conference.

Jan 1, 1963

Several factors contributing to the loss of fibre during treatment are a function of the paragenesis of the veins. The occurrence, of magnetite from the cap rock within the veins prevents complete fiberization. There is a marked similarity between these veins and those in the Koegas-Westerberg area of South Africa.INTRODUCTIONAn investigation of the mineralogy of the Wittenoom Gorge crocidolite veins was undertaken in the latter part of 1962 at the request of the Colonial Sugar Refining Co. Ltd. It was anticipated that such a study might reveal the cause or causes of the lack of recovery of some asbestos during beneficiation. Some interesting features of the mineralogy and paragenesis of the crocidolite veins become apparent, but it is emphasized that the investigation is far from complete, as the study did not extend to the field occurrence.The samples examined were selected from the mill and from the untreated ore.GEOLOGICAL SETTINGWittenoom Gorge is situated on the Fortescue River in the Hammersley Ranges of Western Australia and is one of several gorges in these ranges, on the sides of which 'crocidoIite asbestos is known to occur. The Hammersley, Ranges consist essentially of a series of quartzites, shales, ferruginous quartzites and dolomites. These' rocks are part of the Nullagine Formation (Proterozoic) and are usually either horizontal or gently folded. In some 'areas small beds of riebeckite as well as crocidolite are known to occur interbedded in the sequence.Riebeckite is a monoclinic amphibole, the formula of which may be stated as Na2Fe2"Fe2" (OH) 2Si8O22, and crocidolite is a fibrous variety of this mineral. This formula...

Jan 1, 1963

A pilot plant was constructed for the low temperature carbonization of Wallarah (N.S.W.) coal at the rate of 300 lb/hr. The design was based on an entrained state carbonizer developed by Parry and D.S. Bureau of Mines co-workers. Prior to delivery to the client, the plant was successfully operated over periods of several days duration.INTRODUCTIONIn September 1961, the Australian Mineral Development Laboratories (A.M.D.L.) was engaged by the Broken Hill Pty. Co. Ltd. (B.H.P.) to design, construct and test an entrained state coal carbonizer with a capacity of 300 lb/hr of Wallarah (N.S.W.) coal. Char product was required within the specification 15·5 -I- 1 per cent volatile matter. The design was to be based on a pilot plant developed by Parry and others in the D.S. Bureau of Mines Coal Research Laboratory at Denver, D.S.A. The method involved the carbonization of fine coal by entrainment with air in an externally heated reactor. The heat required for the carbonization of the coal was to be supplied to the bed both through the reactor walls, and also by internal combustion of products in the bed. Several D.S. Bureau of Mines Reports of Investigations weFe used as the main guide to the physical layout and proportions of the plant. However, the individual units required detailed designing, before engineering drawings could be prepared and fabrication begun.A 10 ton sample of crushed Wallarah coal was used for preliminary testing of the plant. The first test run on the pilot plant was carried out in February, 1962. After some modification a second test of longer duration was conducted in August, 1962. These operations aimed at running in the plant and also at determining the operating temperature to produce specification char and the maximum capacity of the...

Jan 1, 1963

The first stage in the refining of lead blast furnace bullion is the removal of copper and is normally done as a batch process in open kettles.A number of attempts have been made to establish continuous processes operating in reverberatory type furnaces, but the growth of accretions in the furnace has always presented a serious problem.The Broken Hill Associated Smelters Pty. Ltd. (RH.A.S.) at Port Pirie have overcome this problem by constructing a reverberatory furnace and ancillary cooling system of a novel design.Although a number of mechanical and metallurgical problems still remain to be solved, it is claimed that a workable continuous copper drossing process has been established.INTRODUCTIONLead bullion emerging from the blast furnaces at Port Pirie is at a temperature of about 1100°C and contains, among other impurities, about 1 per cent of copper.The first stage of refining is the removal of this copper by a drossing operation and in the past this was done, batchwise, by allowing the bullion to cool back in 100 ton kettles.At about 700°C, copper dross begins to separate as a crust on the surface of the kettle and this separation was allowed to continue down to about 450°C when the crust was brokenup and skimmed manually using a long handled, balanced, spoon. The dross was then smelted in a reverberatory furnace to produce a saleable copper matte and separate out lead bullion, which was returned to the drossing kettles. The copper content of the drossed bullion was then further reduced by a sulphur treatment process.The drossing operations involved hard manual labour under arduous conditions and the pouring of hot bullion into...

Jan 1, 1963

By McKenzie P

The techniques of geological control developed by the Coal Geology Sections of the Broken Hill Proprietary Company Limited and Australian Iron and Steel Proprietary Limited in providing geological service in the coilieries operated by these associated companies cover the provision of geological control for both planning and production in each of which the significance of geology has in the past been only poorly appreciated by the coal mining industry.While the adoption of similar techniques is well within the capacity of major companies there is considerable scope for the development of government geological services providing specialized assistance of this nature for smaller scale producers.INTRODUCTIONThe coal mining industry in Australia can instance many notable mistakes caused by failure to obtain sufficient geological information or by incorrect interpretation of available geological evidence both before the commencement of mining and during the progress of operations. Substantial development undertaken in, areas with insufficient or inferior coal reserves, difficult mining conditions caused by failure to adjust operations to geological circumstances, and the irregular development of mine workings caused by unexpected geological features, all bear witness to the lack of geological foresight by the industry.Along with the more widespread general use of applied geology, an increasing acceptance has developed during the past ten years of the valuable contribution which can be made by this science to the exploitation of coalfields. In spite of the advances which have been made, there is still a wide scope for further detailed application of geology throughout the coal mining industry in Australia.

Jan 1, 1963

Prominent among the ore minerals at Mt. Ellison, in the Brock's Creek district, Northern Territory, are a number of copper-bismuth sulphides wittichenite, aikinite, emplectite, in association with nativebismuth, chalcopyrite, bornite, chalcocite, sphalerite and linnaeite.Linnaeite and aikinite formed first and were followed by native bismuth. Wittichenite was later and substantially replaces earlier minerals. Replacement of aikinite by wittichenite has produced secondaryor reaction bismuth.INTRODUCTIONThe Brock's Creek district of the Northern Territory lies to the south east of Darwin and has been the locale of intermittent mining of small but rich deposits of diverse ore type. Gold, tin, and copper ores were recovered especially between 1890 and 1910 with minor exploitation up to the present time. Copper ores were of prior importance, the main production coming from supergene enriched deposits of chalcocite.The mines are situated in strongly folded Precambrian strata comprising slates, sandstones, volcanics and amphibolites with replaced haematitic rocks (Sullivan, 1953). The strata in the Brock's Creek area immediately north of the Darwin-Birdum railway line are domed around a roughly circular granitic mass some 5 miles in diameter. The Mount Ellison mine is located near the N.E. margin of the granite in metamorphosed basic country rock.Study of a series of polished sections from Mt. Ellison revealed the presence of linnaeite, chalcopyrite, bornite, aikinite, wittichenite, emplectite, bismuth, sphalerite, and chalcocite. With the exception of sphalerite and emplectite each of these minerals is prominently developed and intimately intergrown with the other constituents.

Jan 1, 1963

Most mines in the Bundamba, North Ipswich, and Rosewood districts of the West Moreton coalfield of south eastern Queensland have installed washing plants during the last five years. Many problems were encountered in their installation, including the small size of washing plant required in many cases, the economical minimum ash content under present and future market requirements, production from a one-product washbox of large and small coal of quality to satisfy both markets, measures to avoid adding unnecessary moisture to the washed slack coals, and excessive middlings in some coals or soft clay in others.INTRODUCTIONIt was fortunate for Brisbane, which was to become the capital of a new State, Queensland, in 1859, and grow into a city of over half a million people by the time of its centenary, that coal was found in abundance almost on its doorstep near Ipswich, the first mine being opened at Redbank in 1843. This was followed by the opening of many more mines in that district and, some 40 years later, in the nearby Rosewood district where high-volatile gas coal was produced (Fig. 1). These discoveries ensured a supply of reasonably priced coal (currently about 85/- per ton delivered) in Brisbane, but the quality is inferior to that of other coals mined in Queensland beyond economic range of Brisbane.Various factors led to an increase in the average ash content of the West Moreton coals during and after the war. Between 1940 and 1952 the gasworks coals rose in average ash from 13 8 per cent to 23·9 per cent and the powerhouse coals from 17·1 per cent to 27·1 per cent. This drift was arrested by the installation of 28 screening and picking plants from 1952 onward, but it became obvious that mechanical cleaning of the coals was essential due to the competitive market for coal and the worsening quality of reserves.

Jan 1, 1963

Flat jack stress determinations in selected colliery roadways have revealed a range of measured stress from 330 lb/sq. in. tension to 3,750 lb/sq. in. compression. Photoelastic examination of loaded plastic and actual rock model mine openings has shown that the primary horizontal stress required to attain these measured stresses would be from one to three times the superincumbent vertical load.Examination of roof movement with a borehole extensometer and a series of anchors at various horizons to 30 feet in a vertical roof borehole showed that when a standing face was advanced the roof movement was practically confined to the lower two feet. The majority of this movement occurred during the 36 hours after mining at this face commenced.The use of a radioactive isotope and a scintillation counter in a pair of parallel boreholes is a sensitive and accurate method of roof bedding plane crack detection.INTRODUCTIONA knowledge of strata stresses is required to understand the deformation of an underground opening and, in particular, the roof behaviour. It is the aim of investigations currently being conducted by Australian Coal Association (Research) Ltd. to determine the stress existing around mine openings and the location and magnitude of roof movement.STRATA PRESSURE MEASUREMENTMost measurements of strata stress are performed at the surface of underground openings and the majority measure the change of strain resulting from stress relief. The accuracy of the measured value of stress depends upon knowledge of the rock modulus of elasticity. The flat jack method has the advantage that strain relief is restored by a measured stress applied directly by the jack. The rock modulus of elasticity can also be determined.

Jan 1, 1963

Drilling at Ipswich during the last twelve years by the Queensland Department of Mines has proved large quantities of reserves which have assured the security of the field for many years to come. This is perhaps the greatest contribution to the development of the field since its discovery in 1827.The drilling campaign commenced in 1950 and by the end of 1961 comprised 242 holes totalling 180,220 ft.Intersections of formations and seams, accompanied by detailed surface mapping, led to more precise knowledge of the geology of the field than was previously possible, and clarified many problems of correlation. Productive formations are part of the Middle Triassic Ipswich Coal Measures, a 4,300 ft sequence of fresh-water sediments with some interbedded volcanics. They are overlain by the Upper Triassic Bundamba Group and the Lower Tertiary Booval Group.Reserves disclosed by drilling amount to 171,487,000 tons, comprising 109,407,000 tons "measured" and 62,080,000 tons "indicated". The security of these reserves encouraged many collieries to instal modern efficient mining machinery and washing plants.The climax of recent development of the resources of the field will be the commissioning in 1966 of a £33 million 360 MW power station in the Swanbank district which will consume 14 million tons of coal during its 30 year life and will have a peak demand of some 20,000 tons per week.Drilling is continuing and is expected to prove additional reserves which will justify further development of the field.INTRODUCTIONUntil 1949 there had been no concerted effort to test systematically the resources of the whole Ipswich field. Fifty two known holes totalling 30,500 ft had been drilled, eight of them by the Department of Mines, but because of poor core recovery and inadequate records most of them were of little use in a comprehensive assessment.Development of the field was being retarded by uncertainty regarding reserves and by the general state of the coal mining industry. Numbers of comparatively small independent companies and owner groups were operating coal...

Jan 1, 1963

Copper, zinc, lead, and silver in the discordant magmatic-hydrothermal orebody of the Conrad Mine, N.S.W., all have a relatively high mean abundance. Any single concordant sulphide orebody containing the same metals has a similar order of mean abundance of only one or two of these, particularly copper, copper and zinc, or zinc and lead.The relative abundances of the metals in the Conrad orebody vary more widely than in concordant orebodies, and the lead-zinc-silver and copper-zinc-lead relationships are significantly different.INTRODUCTIONIn previous investigations of metal abundances in sulphide ores, the basis of selection of the orebodies was their form, and to some extent their geological setting, rather than hypotheses concerning their origin. In all cases they were generally concordant with the bedding of the sedimentary or meta-sedimentary rocks enclosing them, and most occurred in volcanic-sedimentary sequences. Their mineralogies were simple, and they were copper, copper-zinc, zinc or lead-zinc rich in composition. Most were of the type ascribed by several authors to exhalative-sedimentary processes.In one of these investigations (Stanton, 1958), it was pointed out that since the metals in ores of this type showed similar abundance patterns and behaviour, it would clearly be of interest to examine, and to compare with them, orthomagmatic and vein types, unquestionably derived from their igneous rock associates.The present investigation is concerned with a single orebody, of clearly discordant type, and of indisputable hydrothermal origin. The abundance and behaviour of copper, zinc, lead, and silver have been determined and compared to similar data fOl!' the concordant type. Such a comparison tests the possibility that metal abundance patterns of base metal ores may be indicative of the mode of ore deposition.

Jan 1, 1963

By OÆBrien R. T

A small static bed was used to study the thermal cycles required for the heat hardening of pellets based on synthetic magnetite concentrates and a naturally fine hematite. This apparatus can be employed to yield broad process data for the design of a recuperative strand system operating on the magnetite concentrates.Various alternatives are given for a process to heat harden the hematite ore but a preference is given to the production of a self fluxing pellet. Bond types and general mineralogical structures are interpreted against the optimum firing cycle necessary to produce a defined quality of pellet.INTRODUCTIONThe work reported in this paper extends that on the "Heat Hardening of Artificial Magnetite Pellets", which was described at the International Symposium on Agglomeration, sponsored by the American Institute of Mining, Metallurgical and Petroleum Engineers at Philadelphia, U.S.A. in April 1961. Whereas that work was of a more basic nature, serving to illustrate the suitability of artificial magnetites with various admixtures, to the application of heat hardened pellets, on this occasion the aim is to illustrate the procedures which were used to establish the dimensions of commercial recuperative strands for Australian raw materials.The nature of the pellet feed, Le. relatively uniform spheres of + i in.-Yi6 in. diameter, makes it possible to use small scale static pots for test work. By the use of a closed system and the measurement of suctions, gas flows...

Jan 1, 1963

By Haigh J. E

An accurate measure of the earth's magnetic field can be made in a few seconds with the portable proton precession magnetometer. Such an instrument increases the applicability of the long successful method of magnetic prospecting for minerals. As an example of the usefulness of the proton magnetometer, a survey over volcanic rocks near Apsley (Tas.) was made.INTRODUCTIONA completely portable magnetometer whose operation is based on the free precession of polarized protons in the earth's magnetic field, is now available on the market at a price competitive with magnetometers based on the classical physical principles. The ease, accuracy, rapidity, and reliability with which measurements of the earth's total magnetic field can be made with the proton precession magnetometer, led to the try-out of the instrument in an actual field problem so as to evaluate fully the capabilities of the instrument. Such evaluation is important, because the history of magnetic prospecting has shown that whenever significantly improved instrumentation has been introduced, prospecting costs have been substantially cut and many areas in which the prospecting costs were formerly considered excessive in relation to probable returns, have become economic mineral prospects. The proton precession magnetometer offers the possibility of opening up new areas for successful magnetic prospecting.AN OUTLINE OF THE HISTORY OF MAGNETIC PROSPECTINGWhile an outline of the history of magnetic prospecting is not directly connected with the evaluation of a proton pre...

Jan 1, 1963

A new lead refinery with a capacity of 230,000 tons per year commenced operation at Port Pirie in October, 1959. This plant superseded the refinery which had operated from 1933 with the advent of the continuous lead refining process. The incorporation of new equipment following local metallurgical developments, together with the overseas demand for lead of extremely low antimony content createddifficulties in operating the original plant. The new refinery project was undertaken to cover this disability and to gain the full advantage of the new processes.Desilverising and softening are carried out in units identical in size to those used previously. Metallic zinc is recovered from the entire output of desilverised bullion by vacuum distillation. Final refining is carried out by batch treatment with caustic soda yielding lead of purity previously unattainable at Port Pirie.These two processes replace continuous dezincing by oxidation, a high temperature process which caused large quantities of lead and antimony to be recirculated. The final stage is a batch process; therefore the product composition can be checked before casting. Individual batches can be adjusted to produce special alloys to consumer's specification.Improved casting equipment allows the quantity production of pigs of good physical characteristics either as 56 lb bars or 2000 lb pigs.This, together with the high purity of the lead, assures the Broken Hill Associated Smelters Pty. Ltd. (RH.A.S.) position in world markets.Automatic control systems are extensively employed, particularly on the vacuum dezincing unit.The anticipated financial benefits have been achieved mainly by a reduction in the tonnage of recirculated materials, a smaller labour force, and reduced maintenance requirements.INTRODUCTIONIn December 1956 a decision was made to build at Port Pirie a lead refinery on a completely new site, and in October 1959 the new refinery was brought into operation. This plant superseded the lead section of the old refinery which...

Jan 1, 1963

By Hargraves A. J

With increasing depth, stresses and stress phenomena are becoming more important considerations in Australian coal mining.A large number of compressive and tensile strength tests was made on coal and rock cubes cut from samples taken in various Australian collieries. In addition, an empirical impact strength test was carriedout on fragments of the same samples, to obtain a correlation with compressive strength.In one colliery, flat-jack measurements were taken to assess stresses in coal ribs and in the roof.INTRODUCTIONBy world standards, some of the New South Wales collieries are approaching depths of cover considered a maximum for bord and pillar the normal Australian coal mining method. Several South Coast collieries are winning coal at depths of about 1500 ft., and future operations are being planned at deeper cover. Some areas of these deep workings produce considerable quantities of seam gas.Phenomena associated with high stress and copious gas under pressure in the seam violent phenoma presenting a danger and a nuisance in mine working - have occasionally occurred, and the phenomena are being investigated as a whole (Hargraves, 1958), and separately as a gas problem (Bolt and Innes, 1959; Hargraves, 1962) and as a stress problem. This paper relates to the latter - to investigations into the strengths of coals and coal measure rocks, and into the stresses in and about coal seams...

Jan 1, 1962

By Misk A

Several logging methods are presently available to the oil industry for the evaluation of formation porosity: the Sonic and Neutron logs are already widely used, the Gamma-Ganmia log is being progressively introduced. The readings of these instruments are primarily a function of the rack-porosity, hence the general term of "porosity tools". Apart from porosity, however, other variables such as type of fluid in the pores, nature of matrix and degree of shaliness have an important influence.The response of each device is a different function of such parameters: therefore, a cci bination of porosity tools can lead to information on these variables in addition to the evaluation of effective porosity.For example, the presence of gas; rather than water or oil, in a formation which is not deeply invaded, will tend to give Neutron derived porosity values which are too 'low; on the other hand, the Sonic derived porosity: value will be too high in such- a case. For the same porosity, the Sonic gives a longer transit time in sandstone than limestone, whereas in the low porosity range, the Neutron will read more counts per second in a sandstone than in a limestone of the same porosity. The presence of shale also affects the readings of the various porosity tools in different ways so that the combination of two or more methods may lead, in some cases; to an evaluation of both the-effective porosity and the shale, content.In conclusion, it may be said that the various porosity tools pre-sently available, are, to a large extent, complementary, and that in many problems the use of two porosity tools, instead of one, is very likely to bring valuable additional information.

Jan 1, 1962

The Drake-Rivertree area lies in the far north east of the New England district of New South Wales. Drake is some 500 miles north of Sydney by road and 36 miles west of Lismore. Rivertree is situated 24 miles north of Drake.The Drake deposits were first worked in 1878 for gold which occurred in a very fine state in ferruginous gossan but at depth copper ore became more significant. The lodes at Rivertree, discovered in 1887, were worked for silver but mixed sulphides became more prominent in deeper levels.Several mines operated at each centre and each locality smelted its own ore.The mines at both centres were operated sporadically for many years though production was not particularly substantial.A number of the larger mining companies have shown a recent interest in this mining field with special emphasis on the Drake locality.GENERAL GEOLOGYThe two mining centres are situated to the north and south respectively of a belt of Permian marine sediments and volcanics similar to, and probably representing an easterly extension of, the rocks of the Emmaville district further west.E. C. Andrews (1907) recognized two stratigraphic units within what he called the Drake Series. The Lower Division consists of rhyolite flows, tuft's, breccias and agglomerates, followed by trachytic and andesitic tuft's containing cladochonns, thanmopora willcinsoni and other Permian forms.

Jan 1, 1962

Although geophysical methods of prospecting have proved indispensable in the search or oil deposits elsewhere; it is only 'in recent years that they have been used to any significant extent in Australia. The increase in their use has been quite remarkable over the past two or three years, due in Sao small measure to the encouragement given by means of Commonwealth subsidy. There is no doubt that the use of' geophysical methods will coxi-tinue to increase and this increase could be greatly accelerated as and when oil is discovered in commercial quantities,This review of their use A in Australia and the remarks and statistics are confined to work on the mainland. There has been, a substantial amount of geophysical work in Papua, but as operating conditions are so very different to the mainland Papua has been regarded as a separate province.

Jan 1, 1962

Reservoir Engineering has developed into an art. One phase of this art is forecasting the futi. perf ormance of oil and gas reservoirs for property valuations. A discussion of the necessity for oil property valuation isgiven. A brief 'discussion of the four most common methods is included and the engineering method is explained in more detail. As an example of oil property valuations, a producing oil lease in Shackelford County, Texas, USA is evaluated.' The recommendations and conclusions arrived at frun the results obtained are presented.

Jan 1, 1962