Utahmining great report on ALMI dragon mine
http://www.utahmining .org/newsletters/01dec.htm

Atlas Mining Co. said Oct. 18 that 500 pounds of halloysite clay from its recently acquired Dragon mine in Juab County, Utah, were to be extracted and shipped during the month to a potential buyer for further testing.

In June, Atlas had sent 100 pounds to the user for testing in its lab. After the required testing, this client asked for another 500 pounds for a test run at its facility near Macon, Ga.

Prior to purchase, evaluations of the Dragon mine suggested that up to a million tons of high-grade halloysite clay may be in areas that were not exploited by previous operators'.

Geologists had identified a large volume of the halloysite-rich material in the mine that may be upgraded by relatively simple techniques.

The Phlogiston Co. of Macon, Ga. analyzed samples of the clay and reports that the quality of the halloysite deposit eclipses anything ever discovered in the global industry.

This includes a reserve of some 300,000 tons and a potential resource of 1 million tons of halloysite.

Halloysite is a clay mineral used as a petroleum cracking catalyst and in the manufacture of fine china and porcelain. It is also used as a hardener in specialty cements.

Halloysite clay sells for between $400 to $800 per ton.

The only other major source of halloysite, at this time, is in New Zealand.

Dragon is within 2,500 feet of a rail siding that readily facilitates the moving of the clay to market.