MINING CONSULTANT ALFREDO I. RODRIQUEZ 5845 PENTZ ROAD PARADISE, CALIFORNIA 95969 TELEPHONE: 916 877-2417 RECEIVED OCT 12 1971 ENGINEERING GEOLOGY Oct 7, 1971 Mr. Weston Bourret Vice-President Utah Construction & Mining Co. California Street San Francisco, Calif. Dear Wes: Thot you might be interested in the enclosed report by one y the three leading mineral producers in Mexico. The charts and graphs are self-explanatory. The comment on Mexicanization on page 29 is significant. The ASAR Co. Mexicana and Minera Frisco are equal or better in Roadection and exparpion activities. The editorial by Harry Taylor which appeared in our local paper (shipco) is misleading. I know of no large silver-mud investment by Amaumeta in Mexico. The senio quoted suggest that amaemda gave up 51% of a venture in copper. The seranble for iron ore antuneas in Mexico. The Northern Miner quotes the progress in Drilling & Development at Quangmento, of which pure silver. Dr. Grosa of Toverto has 33%. Best Regards Sincerely A Rodriquez October 18, 1971
Mr. Alfredo I. Rodriguez Mining Consultant 5845 Pentz Road Paradise, California 95969
Dear Al:
Many thanks for your thoughtfulness in calling my attention to the Penoles annual report. This has proved helpful and we are today writing to the Secretary of the Penoles company with the request that Utah be placed on the regular mailing list to receive future reports.
The comments on Mexicanization appear encouraging - at least for the Mexican shareholders.
No doubt Henry Taylor must be referring to the Anaconda operation at Cananea, which is of course the largest copper producer in Mexico.
Through friends in Mexico City I am contacting the Director of the Chamber of Mines, Mr. Eduardo Gonzalez Guerrier, for information on copper exploration.
Under separate cover I am returning Penoles report.
Please give me a call the next time you are in San Francisco so that you can meet Hugh Douglas and enjoy visiting at lunch.
With kindest regards.
Sincerely,
Weston Bourret Vice President
WB:rjs