Your SlideShare is downloading. ×
Claude Resources Inc. Corporate Presentation
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×

Introducing the official SlideShare app

Stunning, full-screen experience for iPhone and Android

Text the download link to your phone

Standard text messaging rates apply

Claude Resources Inc. Corporate Presentation

853
views

Published on


0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
853
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide
  • Claude Resources Inc. is traded on: TSX- CRJ52 Week High – $2.8452 Week Low – $1.27NYSE Amex – CGR52 Week High – $2.9152 Week Low – $0.96
  • Madsen 2011 Exploration Targets:Underground:8 ZoneDeep drilling began early in Q2 2011.Surface:Starratt OlsenAustin Tuff Extension
  • Transcript

    • 1. A bright future ahead….. Title SlidePresented By:Neil McMillanPresident & CEO 1
    • 2. Cautionary StatementCautionary Note Regarding Forward-Looking InformationThis document contains certain forward-looking statements relating but not limited to the Company’s expectations, intentions, plans and beliefs. Forward-looking information can often be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intent”, “estimate”, “may” and“will” or similar words suggesting future outcomes or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events orperformance. Forward-looking information may include reserve and resource estimates, estimates of future production, unit costs, costs of capital projects andtiming of commencement of operations, and is based on current expectations that involve a number of business risks and uncertainties. Factors that couldcause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to establish estimated resources and reserves,the grade and recovery of mined ore varying from estimates, capital and operating costs varying significantly from estimates, delays in obtaining or failures toobtain required governmental, environmental or other project approvals, inflation, changes in exchange rates, fluctuations in commodity prices, delays in thedevelopment of projects and other factors. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results todiffer materially from expected results.Potential shareholders and prospective investors should be aware that these statements are subject to known and unknown risks, uncertainties and otherfactors that could cause actual results to differ materially from those suggested by the forward-looking statements. Shareholders are cautioned not to placeundue reliance on forward-looking information. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, bothgeneral and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. Claude Resourcesundertakes no obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or othersuch factors which affect this information, except as required by law.Cautionary note to U.S. investors concerning resource estimateThe resource estimates in this document were prepared in accordance with National Instrument 43-101, adopted by the Canadian Securities Administrators. Therequirements of National Instrument 43-101 differ significantly from the requirements of the United States Securities and Exchange Commission (the “SEC”). Inthis document, we use the terms “measured”, “indicated” and “inferred” resources. Although these terms are recognized and required in Canada, the SEC doesnot recognize them. The SEC permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that constitute “reserves”.Under United States standards, mineralization may not be classified as a reserve unless the determination has been made that the mineralization could beeconomically and legally extracted at the time the determination is made. United States investors should not assume that all or any portion of a measured orindicated resource will ever be converted into “reserves”. Further, “inferred resources” have a great amount of uncertainty as to their existence and whetherthey can be mined economically or legally, and United States investors should not assume that “inferred resources” exist or can be legally or economicallymined, or that they will ever be upgraded to a higher category. 2
    • 3. Corporate OverviewStock Exchanges: Cash & Short Term Investments: $35.2TSX CRJ (September 30, 2011)NYSE Amex CGR Debt (in millions) : Short Term $3.4 Long Term $12.0Shares Outstanding (January 31, 2012):Basic 173.3 million Cash Costs per Ounce:Fully Diluted 181.5 million Q3 2011 $871CDN $888 USMarket Cap $250 million CDN TSX: 52 Week High $2.84Analyst Coverage: 52 Week Low $1.35Brian Christie Desjardins Securities Avg. Volume 460,000Cosmos Chui CIBCPaolo Lostritto National Bank NYSE Amex:Paul Burchell Dundee Securities 52 Week High $2.91Sam Crittenden RBC 52 Week Low $1.32Wendell Zerb Canaccord Genuity Avg. Volume 375,000 3
    • 4. What is Claude All About? Claude Resources Inc. has three Canadian Projects: Seabee, Amisk and Madsen. Each project is expected to host multi- million ounce ore bodies and has the potential to produce over 100 thousand ounces per year. 4
    • 5. Focused on GrowthGreat Risk vs. Reward Investment Opportunity  Cash flow and net earnings from Seabee Operation  Significant exploration upside at all three projects  Experienced management team  Strong balance sheet Increasing Gold Production Gold Resource Base (2006-2016) 3,500,000 90,000 2.91 Moz 80,000 3,000,000 70,000 2,500,000 Production Ounces 1,017,727 60,000 1.96 Moz 2,000,000 Amisk 50,000 Madsen 40,000 1,500,000 1,225,000 1,225,000 Seabee 30,000 0.81 Moz 1,000,000 20,000 500,000 806,200 10,000 735,342 662,360 0 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2008 2009 2010 5
    • 6. Regional Map AMISK PROJECT 6
    • 7. Seabee Gold ProjectSeabee Property: 14,000 Hectares • Established fully-permitted infrastructure • Underexplored productive belt • $7.5 M, 69,600 m regional exploration in 2012 7
    • 8. L62 DiscoveryL62 Discovery Shaft Extension Q3 2012 • L62 200 m from infrastructure • Open in all directions • Expected to be in production 2H 2012 • NI 43-101 Resource planned in Q1 2012 8
    • 9. Regional Exploration: Santoy Gap• 3 rigs drilling approximately 40,000 metres in 2012• Proximal to current mining infrastructure• NI 43-101 Resource planned in Q1 2012• Extension of Santoy 8 deposit 9
    • 10. Regional Exploration:Neptune Highlights of 2010 and 2011 drilling: • 3.2 m @ 85.0 g/t • 3.0 m @ 13.6 g/t • 2.0 m @ 5.2 g/t • 3.9 m @ 5.9 g/t 70,000 m of drilling between Neptune, Santoy 8 and Santoy Gap planned for 2012 10
    • 11. Amisk Gold Project• 100% ownership• 24,340 hectare property• Proven mining district and “mining friendly”community• Close to infrastructure• Large bulk mineable potential• Mineralization begins at surface and has been testedto approximately 600 metres below surface• 1.57 million ounces in NI 43-101 resource calculation• NI 43-101 Resource planned in Q2 2012 and PEA tobe completed in Q3 2012 11
    • 12. Amisk Location 12
    • 13. Amisk Pit Shell Claude Resources - Amisk Lake Project - Grade - Tonnage Sensitivity Table Total Resource Indicated InferredAu Eq Cut-Off Au Eq Tonnage Au (gpt) Ag (gpt) Total Oz Ind Oz % Inf Oz % (gpt) 0.30 82,422,879 0.69 0.62 4.35 1,828,471 998,622 55% 824,675 45% 0.40 58,803,225 0.83 0.75 5.11 1,569,171 920,881 59% 644,854 41% 0.50 42,979,475 0.97 0.88 5.85 1,340,368 824,702 62% 512,676 38% 13
    • 14. Madsen Exploration Project 14
    • 15. 15
    • 16. Madsen Mine Trend 16
    • 17. Madsen Property: Red Lake Camp Starratt Olsen Madsen Mine Historic Production164,000 oz @ 0.18 opt Austin East 2.4 M oz @ 0.30 opt Austin Tuff Underground Drill Chambers 16 Level 2012 exploration target areas 8 ZoneMadsen Mine: Produced 2.45 Moz @ 0.28 optCurrent NI 43-101 Resource – 1.23 Moz @ 0.28 opt 8 Zone 17 6.0 km
    • 18. Madsen Cross Section 18
    • 19. Madsen InfrastructureModern equipment and facilities:• 500 ton per day permitted mill• 5 compartment shaft to 4,125 feet• Shaft capable of skipping 1,925 tpd• Permitted tailings facilityMinimal capital required to bring Madsen into production 19
    • 20. Exploration Summary 2012 2012 2011 2011 $ (in millions) Metres $ (in millions) MetresSeabee $7.50* 129,600 $4.90* 100,000Madsen $6.50 29,050 $3.85 18,000Amisk $1.50 6,000 $1.74 10,000Total $15.50 164,650 $6.66 128,000*Excluding underground expenditures. 20
    • 21. Peer Valuation (as of January 11, 2012) 350 300 250 Market Cap/Oz 200 150 100 Producers Explorers 50 0Calculation based on National Instrument 43-101 ounces 21
    • 22. Catalysts for 2012 • Closing of SEM Acquisition • Seabee Exploration Results (Santoy Gap and L62)Q1 • Global Reserve and Resource Update • Amisk Resource Update • Amisk Exploration ResultsQ2 • Seabee Exploration Results (Neptune, Santoy Gap and L62) • Shaft Extension Completed at Seabee • Mill Expansion Completed at Seabee • Madsen Exploration ResultsQ3 • PEA at Amisk • Seabee Exploration Results (Santoy Gap and L62) • Madsen Exploration ResultsQ4 22
    • 23. Claude Resources Inc. Experience. Stability. Potential. Creating the Capacity to Discover. Develop. Deliver.TSX: CRJ NYSE Amex: CGR 23