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Show COITIONS Iff THE IliHWERTY Manager Edwards Issues Report Re-port Showing Mine and Gen- eral Company Affairs. General Manager R. M. Edwards of the Indiana company has Issued a report re-port as of April 1. 1910. showing that there Is 3100.000 In tho troasury and that 20,000 shares of ntock remain unissued. II o then says: "Tho work done has consisted entirely of diamond drilling with tho object of thoroughly exploring tho property. Six drill holes havo been started, two of which have been completed and four are still sinking to greater depth. "No positive correlation has yet been made to determine tho dip or striko of the beds. Tho Important facto so far brought out are: "FirstThe position of the r eastern sandstone determined by hole No. 1. "Second The existence of a well mineralized min-eralized amygdaloid lode thirty feet in thickness at depth of 5o0 feet In note "Third The existence of a bed very rich in copper for forty feet In thickness at depth of 1440 feet In hole No. This bed showed a. total thickness of 205 feet, and besides the rich portion on hanging side it carried also good values for twenty-five feet near the center and fine copper on the foot side. "Holes No. 5 nnd No. 6 should cut same lode as that cut by No. 2 but they have encountered some very hard rook, making progress alow, and to date they havo not attained sufficient depth to reach the probable position of the lode." |