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Gold/Mining/Energy : New Claymore Resources

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To: Famularo who wrote (322)6/15/1998 1:54:00 PM
From: don jackson  Read Replies (1) of 531
 
NEW CLAYMORE RESOURCES LTD. - DRILLING UNDERWAY ON
THE I.T.S. PROSPECT

VANCOUVER, B.C--
New Claymore Resources Ltd. and Lucero Resource Corp. are pleased to announce
that drilling is underway on the 230,000-acre I.T.S. Prospect, located
approximately 55 kilometres north of Ashton Mining of Canada's diamond
discovery property, in the Buffalo Head Hills area of Alberta.

A total of 12 targets have been selected for diamond drilling, utilizing NQ
size core. All core with kimberlitic composition will be processed and
analyzed by Lakefield Research, with an estimated turn-around time of six
weeks.

Lucero Resource Corp. has an option to earn a 50% interest in the I.T.S.
Prospect from New Claymore Resources Ltd.
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