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Claude Resources Inc.

Publié le 22 mars 2011

Continues to Outline Gold Mineralization at Santoy Region

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Claude Resources continues to outline gold mineralization at santoy region

 

 

 

 

 

 

 

 

 

Claude Resources Inc. (TSX-CRJ) (NYSE Amex-CGR) ("Claude" or the "Company") today reported exploration results from its underground and surface drill programs at the 100 percent owned Santoy 8 Gold Mine and from the Santoy Gap located north of the Santoy 8 Gold Mine. Highlights from the drill programs include:

 

  • 5.81grams of gold (cut) per tonne over 14.8 metres true width (hole Joy-10-512);
  •  
  • 5.52 grams of gold (cut) per tonne over 15.9 metres true width (hole Joy-10-515);
  •  
  • 9.56 grams of gold (cut) per tonne over 5.2 metres true width (hole Joy-10-532);
  •  
  • 17.33 grams of gold (uncut) per tonne over 4.0 metres width (Joy-10-499).

HOLE #

ZONE INTERSECTION

GRADE g/T(uncut)

GRADE g/T(cut)

TRUE WIDTH
(m)

NAME (Target)

FROM

TO

LENGTH
(m)

SUG-10-019

8b

146.70

150.00

3.30

7.66

7.66

3.3

SUG-10-022

8a

131.00

135.00

4.00

6.37

6.37

3.9

SUG-10-031

8a

215.70

219.40

3.70

7.98

7.98

2.3

SUG-10-031

8b

161.10

165.20

4.10

4.92

4.92

3.9

SUG-10-034

8a

146.80

149.40

2.60

6.51

6.51

2.1

SUG-10-040

8a

195.30

199.50

4.20

14.04

14.04

2.7

Joy-10-505

8f

194.50

201.50

7.00

5.44

5.44

5.2

Joy-10-506

8f

68.63

85.42

16.79

4.02

4.02

15.6

Joy-10-512

8f

127.08

148.00

20.92

6.77

5.81

14.8

Joy-10-515

8f

140.00

157.50

17.50

5.52

5.52

15.9

Joy-10-516

8f

190.45

200.12

9.67

4.38

4.38

6.3

Joy-10-519

8f

47.85

62.50

14.65

3.47

3.47

13.8

Joy-10-522

8f

78.08

83.04

4.96

5.81

5.81

4.9

Joy-10-522

8f

177.45

190.73

13.28

3.79

3.79

10.7

Joy-10-526

8g

161.58

172.00

10.42

4.25

4.25

7.0

Joy-10-532

8f

206.00

213.00

7.00

21.50

9.56

5.2

Joy-10-495*

Gap

316.93

319.33

2.40

8.78

-

-

Joy-10-497*

Gap

141.50

143.00

1.50

7.04

-

-

Joy-10-499*

Gap

175.00

179.00

4.00

17.33

-

-

Joy-10-500*

Gap

58.00

59.00

1.00

10.32

-

-

*Santoy Gap drilling is regional in nature and as such has insufficient data to develop a cutting factor. True widths of the Santoy Gap drilling are approximately 80 to 90 percent of drilled width.

 

Speaking today in Saskatoon, Philip Ng, Vice President, Mining Operations stated, "The above average widths at Santoy 8 and the regional potential demonstrated by the regional Gap drilling are very encouraging and will positively impact the economics of mining the deposit. Future drill programs will continue to delineate and expand the resource at depth and along strike."

 

Santoy 8 Production Update

 

Pre-production development progressed better than expected at Santoy 8 during the fourth quarter with sill development on the 3rd, 5th, 7th, 8th and 10th Levels and the completion of the first ventilation raise to surface.  Over the life of mine plan for the Seabee Operation, the Company anticipates the Santoy 8 Project to provide up to 50 percent of the overall feedstock to the Seabee Operation's central Milling Facility and anticipates this contribution to be a positive catalyst in improving production and lowering unit operating costs at the Seabee Operation.  Management expects Santoy 8 to attain commercial production status during the first half of 2011.

 

Please visit www.clauderesources.com for plan maps of the Seabee Operations, the Santoy 8 Gold Mine and Santoy Gap.

 

Claude Resources Inc. is a public company based in Saskatoon, Saskatchewan, whose shares trade on the Toronto Stock Exchange (TSX-CRJ) and the NYSE Amex (NYSE Amex-CGR). Claude is a gold exploration and mining company with an asset base located entirely in Canada. Since 1991, Claude has produced over 930,000 ounces of gold from its Seabee mining operation in northeastern Saskatchewan. The Company also owns 100 percent of the 10,000 acre Madsen property in the prolific Red Lake gold camp of northwestern Ontario and has a 65 percent working interest in the Amisk Gold Project in northeastern Saskatchewan.

 

Samples were assayed by Claude Resources Inc.'s non-accredited assay lab at the Seabee mine site and/or TSL Laboratories in Saskatoon. Duplicate check assays for assays completed at the Seabee mine were conducted at site as well as at TSL Laboratories in Saskatoon. Results of the spot checks were consistent with those reported. Sampling interval was established by minimum or maximum sampling lengths and geological and/or structural criteria. Minimum sampling length was 0.3 metres while the maximum was 1.0 metre. 200 gram samples were pulverized until greater than 80 percent passes through 150 mesh screen. 30 gram pulp samples were then analyzed for gold by fire assay with gravimetric finish (0.01 grams per tonne detection limit). A top cut of 30 grams per tonne was used to determine cut grades. Philip Ng, P.Eng, Vice President, Mining Operations and Brian Skanderbeg, P.Geo., Vice President, Exploration, Qualified Persons, have reviewed the contents of this news release for accuracy.

 

CAUTION REGARDING FORWARD-LOOKING INFORMATION

 

This Press Release may contain 'forward-looking' statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities and operating performance of the Company.  The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements.  Investors are cautioned that any such forward-looking statements are not guarantees of future business activities or performance and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors.  Such risks, uncertainties and factors are described in the periodic filings with the Canadian securities regulatory authorities, including the Company's Annual Information Form and quarterly and annual Management's Discussion & Analysis, which may be viewed on SEDAR at www.sedar.com.  Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.  Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not anticipated, estimated or intended.  The Company does not intend, and does not assume any obligation, to update these forward-looking statements. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Claude Resources Inc.

PRODUCTEUR
CODE : CRJ.TO
ISIN : CA1828731093
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Claude Resources est une société de production minière d'or basée au Canada.

Claude Resources détient divers projets d'exploration au Canada.

Son principal projet en production est SEABEE au Canada, son principal projet en développement est SANTOY 8 au Canada et ses principaux projets en exploration sont PORKY LAKE, SANTOY 7 et AMISK LAKE GOLD au Canada.

Claude Resources est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 483,6 millions CA$ (377,2 millions US$, 332,2 millions €).

La valeur de son action a atteint son plus haut niveau récent le 22 novembre 1996 à 3,10 CA$, et son plus bas niveau récent le 29 novembre 2013 à 0,12 CA$.

Claude Resources possède 197 380 000 actions en circulation.

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Rapports annuels de Claude Resources Inc.
Annual Report 2007
Financements de Claude Resources Inc.
08/04/2013Closes Debt Financing with Crown Capital Partners Inc.
06/04/2011Announces $50 Million Bought Deal Equity Financing
Nominations de Claude Resources Inc.
13/11/2014Appoints Brian Skanderbeg as President and CEO
09/05/2014Announces Election of Directors
03/03/2011Appoints Ted Nieman as Chairman of the Board
Rapports Financiers de Claude Resources Inc.
13/11/2013Announces Third Quarter Results
13/11/2013Announces Third Quarter Results
29/03/2011Reports 2010 Financial and Operating Results
07/11/2008 Third Quarter 2008 Results
08/08/2008Announces Second Quarter 2008 Results
08/05/2007Announces First Quarter Results
21/03/2007Fourth Quarter Results
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19/12/2013(Madsen)Enters Into Agreement to Sell Madsen Gold Project
23/01/2012ST. EUGENE RECEIVES FINAL COURT APPROVAL FOR TRANSACTION WIT...
13/12/2011ST. EUGENE ANNOUNCES RECEIPT OF INTERIM ORDER IN CONNECTION ...
05/04/2011(Amisk Lake Gold)Amisk Gold Project NI 43-101
22/03/2011(Santoy 8)Continues to Outline Gold Mineralization at Santoy Region
17/02/2011(Amisk Lake Gold)Reports Initial Open Pit Resource at Amisk Gold Project
02/02/2009(Seabee)Intercepts 30.6 grams of gold per Tonne (Cut) Over 2.5 Meter...
22/01/2009(Madsen)Announces 22,000 meter Underground Drill Program at Madsen, ...
07/01/2009(Seabee) 2008 Production Results
11/12/2008(Madsen)Intercepts More High Grade Gold at Madsen Fork Zone
22/09/2008(Amisk / Tartan / Laural) Sells Tartan Lake Mine Property
28/02/2008(Madsen) Releases Madsen Fork Zone Exploration Results
26/02/2008(Madsen)Releases Madsen Exploration Results
05/02/2008(Santoy 8) Releases Santoy 8/8E Drilling Results
15/01/2008Q4 2007 Production Results
18/10/2007Intercepts 15.57 g/tonne over 6.30 m True Width at Seabee De...
29/03/2007(Santoy 8)Additional Drill Results at Santoy 7
Communiqués de Presse de Claude Resources Inc.
18/05/2016Shareholders approve acquisition of Claude Resources by Silv...
08/01/2016Edited Transcript of CRJ.TO earnings conference call or pres...
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05/11/2015Claude Clarifies Previously Released Q3 Cash Costs more...
05/11/2015Claude Clarifies Previously Released Q3 Cash Costs
05/11/2015Claude Resources posts 3Q profit
05/11/2015CRJ Generates Q3 Earnings of $5.7 Million & Expects Record A...
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19/10/2015Edited Transcript of CRJ.TO earnings conference call or pres...
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19/10/2015Claude Provides Exploration Update and Initiates Deep Drill ...
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21/09/2015Claude Secures $25M Credit Facility with Scotiabank to Repla...
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13/08/2015Claude Resources posts 2Q profit
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29/07/2015Provides Date for Q2 Results and Conference Call
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16/07/2015Claude Resources Inc. Prepares to Resume Mining Operations a...
13/07/2015Claude Resources Inc. News Release more...
13/07/2015IIROC Trade Resumption - CRJ
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13/07/2015Announces Precautionary Suspension of Mining Operations Due ...
13/07/2015IIROC Trading Halt - CRJ
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23/04/2015Provides Date for Q1 Results and Conference Call
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30/03/2015Claude Hits Record Annual Gold Production and Generates 2014...
30/03/2015Hits Record Annual Gold Production and Generates 2014 Net Pr...
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27/03/2014Announces Mike Sylvestre as Interim President & CEO
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09/10/2013Announces to Voluntarily Delist Common Shares from the NYSE ...
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TORONTO (CRJ.TO)AMEX (CGR)
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