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Gold/Mining/Energy : New Claymore Resources

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To: mackle who wrote (290)	2/10/1998 5:23:00 PM
From: B. Thomson	Read Replies (1) of 531

Re: News Releases - Tuesday, February 10, 1998 Drilling Underway on the Peace River Prospect ====================================================================== New Claymore Resources Ltd. and Primero Industries Ltd. are pleased to announce that drilling has commenced on the 250,000-acre Peace River Prospect located approximately 30 kilometers southwest of Ashton Mining of Canada's diamond discovery property, in the Buffalo Hills area of Alberta. A number of targets have been selected for diamond drilling utilizing NQ size core. All core with kimberlitic composition will be processed and analyzed by Lakefield Research, Ontario. Primero Industries Ltd. has an option to earn a 50% interest in the Peace River Prospect from New Claymore Resources Ltd. ====================================================================== Copyright (c) 1997, 1998 NEW CLAYMORE RESOURCES LTD. All rights reserved. For more information, check out our website at newclaymore.com

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