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Show XKW ARCADIAN HAS ISSUED ITS REPORT Utah stockholders of the Now Arcadian company have received ihc report of the company for the year ending April 30, 1010. It Is shown that during the year there was received from the assessment S1S5.852. nnd there Is SSS.707 cash on hand. The following from the Gay k Sturgis letter of Michigan is apropos in this connect inn: "The policy of surface trenching, to be adopted by New Arcadian. Is a return re-turn to an exploratory method that Is of tho greatest merit, and which should . adonled In ovory possible case. Diamond drill exploration is frequently the only method that can ho used for the prclimi-narv prclimi-narv work, because the overburden at times Is so deep that a surface trench fould not be put down to bed rock. Thi.- Is notablv the case In parts of Ontona-uon Ontona-uon countv. But throughout extensive sections of the Lake Superior copper countrv the overburden is from five to llfteen'feel deep, and trenches can easily be opened. " "A dlnndvanlagc in diamond drill wor Is the limited amount of lode material that Is brought to surface In the drill core, and to make a tost conclusive, after aft-er a dlficovcrv has been made with a diamond dia-mond drill. It is necessary to put down a shaft and to open laterals. In surface tronchlns. on the other Hand, the 1oIq is laid bare and blasts can be put Into It it little cost, so that an early examination examina-tion can be made, following the dla- CO"Diamond drlllinc Is highly advantageous advantage-ous to dcternllnc the dip and strike, of a lode, so that conclusions may be reached as to the proper Incline and location for permanent shafts, and as already stated. It serves for discovery purposes where deep overburden prevents other methodH. But for solid, conclusive evidence, there Is nothing to equal the old-fashioned surface sur-face trenches where they are practicable, and New Arcadian Is to be commended on Its decision lo undertake this work." |