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Gold/Mining/Energy : New Claymore Resources

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To: FRANK KENDRICK who wrote (327)7/8/1998 4:24:00 PM
From: Famularo  Read Replies (1) of 531
 
Agreement on Elektra prospect

New Claymore Resources Ltd NCS
Shares issued 4,015,775 Jul 7 close $1.05
Wed 8 Jul 98 News Release
See Primero Industries Ltd (PMI) News Release
Mr. Jonathan George reports
The company has entered into an agreement with Everest Mines & Minerals on
the Elektra prospect, approximately 45 kilometres north of the Ashton
discovery block, Buffalo Hills, Alberta.
Primero, with the right to earn a 50 per cent interest in the property from
New Claymore Resources, has granted Everest the right to earn a 30 per cent
interest by incurring expenditures of $250,000 over the next 180 days.
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