Mr. Craig Rollins reports

DRUMMOND VENTURES ANNOUNCES TERMINATION OF MERGER AGREEMENT

Drummond Ventures Corp.'s merger agreement with Elton Resources Corp. has expired, and, accordingly, Drummond has provided Elton with notice that Drummond has terminated the agreement in accordance with its terms.

Elton has elected to remain private and, as per the terms of the agreement, has agreed to reimburse Drummond for its expenses incurred in respect to the proposed transaction.

The company will continue to pursue and evaluate other businesses and assets with a view to completing a qualifying transaction, will make further announcements with respect to these efforts as soon as practically possible, and, in the interim, will apply to the TSX Venture Exchange to reinstate trading of the company's common shares.

About Drummond Ventures Corp.

Drummond is a capital pool company formed under the TSX-V CPC program.

We seek Safe Harbor.