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Gold/Mining/Energy : New Claymore Resources

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To: Barry who wrote ()	12/1/1996 10:27:00 PM
From: jerry janko	of 531

New Claymore put out an news release "drilling at Hinton,Alberta" on nov 27,1996 stating that the drilling to start the 2nd week of january, 1997 also thursday was their annual meeting, they did a show and tell at Golden Capital Securities in the morning and had two analysts from brokerage firms present, one from a mutual fund and Jojn Schreiner, Bureau Chief of the Financial Post in Vancouver, in attendance. Tony Rich put on a good show and announced that all of Rich Resorces Investments (his private company) holdings will be put into New Claymore for costs (7,200.00 Cdn). This will almost double our land position. We have also acquired property surrounding the Ashton ground near Lubicon Lake, Alberta. This property was staked after an Alberta Energy Corp flew the property looking for large anomalies in connection with gas exploration. The results of this survey showed up a lot of smaller anomalies that would indicate pipes rather than large gas or oil bearing structures. The company looks very healthy, and the mood is definitely upbeat now that the drilling is so close on the Hilton property. jerry

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