Document oDG4LkG4XYVYxgGa4JdMgBpLg
FILE NAME: Wagner (WAG) DATE: 1978 June DOC#: WAG032
DOCUMENT DESCRIPTION: US Govt Report - Special Report on Talc Resources-A Supply and Marketing Study
S P EC IA L R EP O R T Oi'i T A L C RESO U RCES A CUP? LY A\'D Y AR KETIN G STUDY
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The third ownership is that of Continental Minerals Corporation, which covers the Big Talc and Warm Springs groups of claims located at the lowerend of Warm Springs Canyon. Under previous ownership, the Big Talc mine was also known 3s the Grantham mine, AH of the referenced claims are covered by Talc Resource Area C on Map No. 2.
In 1976 the California Division of Mines and Geology published a comprehensive review of the talc deposits listed above.^ Further description in this report would be redundant. However, some developments have occurred in the past two years and should be noted.
In August 1976 Johns-Manvilie Corporation, then owner of the Big Talc end
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Warm Springs claims in Warm Springs Canyon, ceased production of talc
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from two open pits and offered for sale all of its properties within the
monument, as well as its grinding plant in Dunn, California. In late " 9J7
these talc mineral properties were purchased by Desert Minerals, Inc,, en
_ associate of Old Hickory Clay Company of Paducah, Kentuck.
Subsequently, in May 1978, the mineral properties and the grinding plants in
Dunn and Los Angeles were acquired under lease and option sa'as
agreements by Continental Minerals Corporation of Las Vegas, Nevada. Aho
acquired was Johns Manville's marketing company. Desert Minerals, located
in Los Ar.celes. Continental has announced plans to resume production at
the Big Talc mine to supply talc to competitive markets by late 1973. The
talc deposits in this area are believed to contain considerable tremolo:;
however, a report by the Director of Research of a former Grantham
Company (a'so called Desert Minerals), which crour.d the Warm Springs
Canyon talc, indicated the lower bed contained talc pseudomcrphs "her
rremoMte and "4.8 percent rickerite, a nonfibrous micro-sited soda
trerroiite."
The Big Talc mine operated almost continuously frem 1942 to 1975. Total production is reported to be about 830,000 short tons of ta'c, most from underground rcom-and-pillar mining. Measured reserves in the form of pi,Jars in the lower talc bed of the deposit, from which moAstn of the tonnace mice was derived, are estimated to be 1.3 million tons."1 An industry soarcs familiar with the deposits stated that recoverable resources outlined by
42. Evans et ah, p. 40. 43. Evans et al., p. 41.
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