Seabee Gold PropertyContinued Resource Growth in Saskatchewan Presented by: Anders Carlson Exploration Manager 1
Cautionary StatementCautionary Note Regarding Forward-Looking InformationThis document contains certain forward-looking statements relating but not limited to the Company’s expectations, intentions, plans andbeliefs. 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 or performance. Forward-looking information may include reser veand resource estimates, estimates of future production, unit costs, costs of capital projects and timing of commencement of operations,and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results todiffer materially from any forward-looking statement include, but are not limited to, failure to establish estimated resources and reser ves,the grade and recover y of mined ore varying from estimates, capital and operating costs var ying significantly from estimates, delays inobtaining or failures to obtain required governmental, environmental or other project approvals, inflation, changes in exchange rates,fluctuations in commodity prices, delays in the development of projects and other factors. Forward-looking statements are subject torisks, uncertainties and other factors that could cause actual results to differ materially from expected results.Potential shareholders and prospective investors should be aware that these statements are subject to know n and unknown risks,uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-lookingstatements. Shareholders are cautioned not to place undue reliance on forward-looking information. By its nature, forward-lookinginformation involves numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibilitythat the predictions, forecasts, projections and various future events will not occur. Claude Resources undertakes no obligation to updatepublicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factorswhich 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 Instr ument 43-101, adopted by the CanadianSecurities Administrators. The requirements of National Instr ument 43-101 differ significantly from the requirements of the United StatesSecurities and Exchange Commission (the “SEC”). In this document, we use the terms “measured”, “indicated” and “inferred” resources.Although these terms are recognized and required in Canada, the SEC does not recognize them. The SEC permits U.S. miningcompanies, in their filings with the SEC, to disclose only those mineral deposits that constitute “reserves”. Under United Statesstandards, 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 anyportion of a measured or indicated resource will ever be conver ted into “reserves”. Fur ther, “inferred resources” have a great amount ofuncertainty as to their existence and w hether they can be mined economically or legally, and United States investors should not assumethat “inferred resources” exist or can be legally or economically mined, or that they will ever be upgraded to a higher category. 2
Highlights - 2012 1 Millionth ounce of gold poured at Seabee First production from L62 orebody in Q4 2012 Proven and Probable: 70,400 Oz @ 7.62 g/t Inferred resource: 40,300 Oz @ 7.57 g/t Initial and revised resource estimates for Santoy Gap orebody (March and December) – Initial Inferred resource of 495,000 oz @ 6 .63 g/t Au – Revised resource: • Inferred resource of 357,000 oz @ 5.92 g/t • Indicated resource of 281,000 oz @ 8.80 g/t 236% increase of Inferred resource base at Seabee from 2011 Initiation of exploration ramp to the Santoy Gap orebody from Santoy 8 mine New senior management – VP Operations, COO and department managers 4
Seabee Mine – Long Section Shaft Extension Q1 2013 completion L62 MRMRP & P Reserve – 70,400 Oz @ 7.62 g/t Seabee Total MRMR Inf Resource – 40,300 Oz @ 7.57 g/t P & P Reserve – 224,900 Oz @ 6.58 g/t Resource – 178,800 Oz @ 6.83 g/t • L62 deposit discovery 200 m from infrastructure • Open up-dip to surface • Currently developed on 3 levels 6
2012 Exploration Review Property-wide prospecting and local structural mapping of juvenile targets 1:2000 scale mapping of Santoy Regional Shear Zone Inaugural field season for the Santoy MSc project (surface and underground mapping) 40,837 metres of surface drilling: 5,669 m at Neptune 35,168 m at Santoy Gap and along the Santoy Regional Shear Zone Historical drillhole data compilation (includes pre-Claude activity at Seabee) 7
Mapping and Prospecting 400 field stations 200 grab/trench samples 8
Santoy Mapping and MSc Project Brian McEwan – 1:2000 scale geologic mapping with focus on structure Collaboration with Dr. Bethune and U of Regina; local and regional structural controls of gold mineralization at Santoy 9
Diamond Drilling - 20122012 Drilling: 40,837 m 10
Santoy Gap Resource 29% increase in resource 4% increase in overall grade Ability to convert additional ounces to an indicated resource with minimal drilling 11
Exploration Program - 2013 10-15K metres of drilling, 80% resource-based 60k metres of UG drilling Historical compilation and evaluation of over 2,500 drillholes Continued prospecting and structural geology mapping Santoy MSc project, Chase Wood 15
Santoy Gap Drilling: Expansion and InfillSantoy 8A plunge 16
Seabee Near-Mine Drilling L-62 proves it’s possible to make discoveries within reach of U/G development Under-explored near mine environment Greater understanding of historical drilling along Seabee-parallel structures Re-assessment of historical drilling given revised structural interpretations Differing vein geometry 17
Summary Commitment to near-mine exploration where recent results continue to improve Seabee’s gold endowment Seabee Resource Base Production of 1 M oz, largely from 1,800,000 Seabee mine 1,600,000 Santoy resource in excess of 900,000 oz 1,400,000 Indicated Gap resource shows potential 1,200,000 for high-grade, lower-cost mining at 1,000,000 Seabee 800,000 Ounces Result of which will be incremental gold 600,000 production of 10-15% compounded annually over next 5 years 400,000 200,000 0 2008 2009 2010 2011 2012 20
Claude Resources Inc. Experience. Stability. Potential. Creating the Capacity to Discover. Develop. Deliver.TSX: CRJ NYSE MKT: CGR 200, 224 - 4th Avenue South Saskatoon, Saskatchewan, S7K 5M5 Canada P. 306.668.7505 F. 306.668.7500 21
A particular slide catching your eye?
Clipping is a handy way to collect important slides you want to go back to later.