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Gold/Mining/Energy : New Claymore Resources

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To: BLZBub who wrote (314)	5/26/1998 1:59:00 PM
From: Famularo	of 531

Elektra survey completed New Claymore Resources Ltd NCS Shares issued 4,015,775 May 25 close $1.75 Tue 26 May 98 News Release See Primero Industries Ltd (PMI) News Release Mr. Jonathan George reports An airborne magnetic and EM survey has been completed on the 230,000 acre Elektra prospect, approximately 45km north of the Ashton/Alberta Energy/Pure Gold discovery block within the Buffalo Head Hills, Alberta. The survey was conducted by Geoterrex-Dighem, using the Geotem deep penetrating system, and covered approximately 30 per cent of the property. Based on the geophysical signatures of known kimberlite pipes in the region, 10 targets have been selected for drill testing. Primero anticipates that drilling will commence in mid-July. Primero has an option to earn a 50 per cent interest in the Elektra prospect from New Claymore Resources

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