- The document is a corporate presentation that provides an overview of Claude Resources and its operations.
- It highlights Claude's strong operating and financial results in recent years, including record production in 2014 and the first quarter of 2015, driven by the Santoy Gap project.
- The presentation also notes Claude's low-cost production, improving balance sheet with debt reduction, and compelling valuation relative to peers.
The corporate presentation provides an overview of Claude Resources and its operations. It highlights the company's record of producing over 1 million ounces of gold from its Seabee Gold Operation. It also summarizes the company's strong operating and financial results in 2014, which included record gold production and lower costs. Looking ahead, the company expects continued production growth and margin improvement in 2015.
Claude Resources Inc. Corporate Presentation - January 25, 2016Marc Lepage, CPIR
This document provides a corporate presentation for Claudius Resources from January 2016. It contains forward-looking statements and cautions that actual results could differ materially from expectations. It also notes differences between Canadian and U.S. standards for reporting resource estimates. The presentation discusses Claudius' Seabee Gold Operation, its strong financial position in 2015, lower costs and higher margins. It highlights increased production from the Santoy Gap zone and the use of Alimak mining at Seabee, with goals of more sustainable grades and ounces going forward.
This corporate presentation provides an overview of Claude Resources and its operations. It highlights record earnings in the first half of 2015, growing production and higher grades at its Seabee Gold Operation. It also outlines its focus on increasing higher margin ore to the mill from Santoy Gap and utilizing the Alimak mining method at Seabee Mine to improve efficiency. The presentation emphasizes Claude's peer leading cost performance and strong balance sheet. It provides an outlook for increased gold production and lowered unit costs guidance for 2015.
- The document discusses Claude Resources' corporate presentation from October 2015.
- It highlights the company's focus on delivering shareholder value through production growth, being a low-cost and profitable producer, and maintaining a strong balance sheet.
- Key drivers of future performance mentioned include higher-grade ore from the Santoy Gap zone and improved efficiency from the Alimak mining method at Seabee.
This corporate presentation from Claude Resources provides an overview of their U.S. marketing strategies and operations for November 2015. It notes that the presentation contains forward-looking statements and information which are subject to risks and uncertainties. It also contains cautionary notes regarding the use of terms like "measured, indicated, and inferred" resource estimates. The presentation highlights Claude's Seabee gold operation in Canada which has produced over 1 million ounces of gold, their low-cost production, strong financial position with $27 million in cash and bullion, and growth plans at Seabee including from the higher grade Santoy Gap area.
Claude Resources Inc. Marketing Presentation Montreal, New York and TorontoClaude Resources Inc.
- The corporate presentation outlines Claude Resources' plans and financial results for the first half of 2015.
- Key highlights included record earnings of $15.4 million and growing production of 41,686 ounces of gold, a 39% increase over the first half of 2014.
- The presentation emphasizes Claude's focus on increasing higher grade production from the Santoy Gap and Seabee Mine areas, which has led to improved operating and financial performance.
- Claude Resources reported record annual gold production of 62,984 ounces in 2014, a 44% increase over 2013. The mill head grade was 7.32 g/t, a 43% increase over 2013.
- Net profit was $4.6 million in 2014 compared to a net loss of $73.4 million in 2013. Cash flow from operations before changes in non-cash working capital was $26.5 million in 2014.
- Production is expected to be between 60,000 to 65,000 ounces in 2015 with unit cash costs of $785 to $850 per ounce and all-in sustaining costs of $1,175 to $1,275 per ounce.
The corporate presentation provides an overview of Claude Resources and its operations. It highlights the company's record of producing over 1 million ounces of gold from its Seabee Gold Operation. It also summarizes the company's strong operating and financial results in 2014, which included record gold production and lower costs. Looking ahead, the company expects continued production growth and margin improvement in 2015.
Claude Resources Inc. Corporate Presentation - January 25, 2016Marc Lepage, CPIR
This document provides a corporate presentation for Claudius Resources from January 2016. It contains forward-looking statements and cautions that actual results could differ materially from expectations. It also notes differences between Canadian and U.S. standards for reporting resource estimates. The presentation discusses Claudius' Seabee Gold Operation, its strong financial position in 2015, lower costs and higher margins. It highlights increased production from the Santoy Gap zone and the use of Alimak mining at Seabee, with goals of more sustainable grades and ounces going forward.
This corporate presentation provides an overview of Claude Resources and its operations. It highlights record earnings in the first half of 2015, growing production and higher grades at its Seabee Gold Operation. It also outlines its focus on increasing higher margin ore to the mill from Santoy Gap and utilizing the Alimak mining method at Seabee Mine to improve efficiency. The presentation emphasizes Claude's peer leading cost performance and strong balance sheet. It provides an outlook for increased gold production and lowered unit costs guidance for 2015.
- The document discusses Claude Resources' corporate presentation from October 2015.
- It highlights the company's focus on delivering shareholder value through production growth, being a low-cost and profitable producer, and maintaining a strong balance sheet.
- Key drivers of future performance mentioned include higher-grade ore from the Santoy Gap zone and improved efficiency from the Alimak mining method at Seabee.
This corporate presentation from Claude Resources provides an overview of their U.S. marketing strategies and operations for November 2015. It notes that the presentation contains forward-looking statements and information which are subject to risks and uncertainties. It also contains cautionary notes regarding the use of terms like "measured, indicated, and inferred" resource estimates. The presentation highlights Claude's Seabee gold operation in Canada which has produced over 1 million ounces of gold, their low-cost production, strong financial position with $27 million in cash and bullion, and growth plans at Seabee including from the higher grade Santoy Gap area.
Claude Resources Inc. Marketing Presentation Montreal, New York and TorontoClaude Resources Inc.
- The corporate presentation outlines Claude Resources' plans and financial results for the first half of 2015.
- Key highlights included record earnings of $15.4 million and growing production of 41,686 ounces of gold, a 39% increase over the first half of 2014.
- The presentation emphasizes Claude's focus on increasing higher grade production from the Santoy Gap and Seabee Mine areas, which has led to improved operating and financial performance.
- Claude Resources reported record annual gold production of 62,984 ounces in 2014, a 44% increase over 2013. The mill head grade was 7.32 g/t, a 43% increase over 2013.
- Net profit was $4.6 million in 2014 compared to a net loss of $73.4 million in 2013. Cash flow from operations before changes in non-cash working capital was $26.5 million in 2014.
- Production is expected to be between 60,000 to 65,000 ounces in 2015 with unit cash costs of $785 to $850 per ounce and all-in sustaining costs of $1,175 to $1,275 per ounce.
- The document discusses Claude Resources' corporate presentation from July 2015.
- It highlights the company's improved operational and financial performance in 2015, including higher gold production and grades at its Seabee Gold Operation driven by the Santoy Gap zone.
- Claude Resources has a strong balance sheet with over $20 million in cash and low debt following reductions. The company presents compelling valuation metrics compared to peers.
- Claude Resources reported record quarterly gold production of 21,067 ounces in Q1 2015, an 86% increase over Q1 2014, driven by higher grades from the L62 and Santoy Gap deposits.
- Total cash costs per ounce decreased 31% to $675 compared to Q1 2014 and net profit was $5.1 million compared to a $5.1 million loss in Q1 2014.
- The company continues to reduce debt and strengthen its balance sheet while ramping up production at Santoy Gap to achieve 500 tonnes per day and exploring expansion opportunities in its 17,200 hectare land package.
Claude Resources Inc. held a corporate presentation at the BMO Metals & Mining Conference in 2015. The presentation highlighted the company's strong operating and financial results in 2014, including record gold production and lower unit costs. It also outlined plans for continued production growth and cost reductions in 2015 from its Seabee Gold Operation in Saskatchewan. Key drivers included expanding production from the higher grade Santoy Gap zone and ongoing exploration success extending mineralization. The presentation concluded by emphasizing Claude's track record of delivering profitable gold production and focus on sustaining strong operating margins.
This document summarizes Claude Resources' third quarter 2014 conference call. It discusses record quarterly gold production and decreased costs. Key drivers of improved performance included higher grades from the L62 deposit and Santoy Gap, where production is ramping up. Guidance for 2014 was increased to 61,000 to 64,000 ounces of gold production. The balance sheet was also strengthened through debt reduction. Drilling continues to demonstrate resource expansion potential at Santoy Mine Complex.
Claude Resources held its Q1 2016 earnings call on May 5, 2016 to report strong production and financial results for the quarter. Highlights included production of 20,672 ounces of gold from its Seabee Gold Operation in Saskatchewan, generating $14.3 million in cash flow from operations. Exploration success at the Santoy Gap zone is expected to contribute approximately 80% of production for 2016 as mining transitions to higher grade areas. The company also announced a proposed acquisition by Silver Standard that will create a mid-tier precious metals producer with improved scale, financial strength, and growth opportunities.
Claude Resources held its Q1 2016 earnings call on May 5, 2016 to discuss the company's financial and operational results. Key highlights included strong production from mining higher grade ore, generating earnings and free cash flow. Exploration success at Santoy Gap is expected to provide around 80% of production for 2016-2017. The call also discussed Claude's proposed acquisition by Silver Standard, which would create a larger intermediate precious metals producer with improved scale and financial position.
1. The company has two Canadian gold assets, each hosting over 1 million ounces of gold, located in proven mining regions with significant growth potential.
2. Strategies to improve cash flow, reduce costs, and strengthen the balance sheet have resulted in debt reduction and improved financial performance in 2014.
3. The new Santoy Gap discovery provides higher grade ore and opportunities to optimize the mine plan, with production ramping up and the system remaining open at depth.
The document summarizes Primero's first quarter 2014 results. It discusses increased production at San Dimas, completion of the Phase I expansion there, and higher silver sales. It also provides financial results for the quarter including revenues, earnings, cash flows, and balance sheet information. Primero maintains a strong outlook for 2014 with targeted production increases at both San Dimas and Black Fox mines through expansions and operational improvements.
- The Denver Gold Forum will take place from September 15-17, 2014 in Denver, Colorado. Aurico Gold provides information on its quality asset base, production growth plans, and strong financial position.
- Aurico expects gold production to increase up to 25% in 2014 from continued growth at its Young-Davidson and El Chanate mines. It also has a strong liquidity position of $290 million as of June 30, 2014.
- The company's primary assets include the Young-Davidson mine in Ontario, Canada and the El Chanate mine in Sonora, Mexico, which are expected to produce 140-160koz and 70-80koz of gold, respectively, in 2014.
- The company reported financial results for the second quarter of 2013, including gold production of 12,438 ounces and revenue of $16.1 million. However, the company reported a net loss of $9.9 million due to an impairment charge of $10.8 million.
- Operationally, production was in line with expectations but declining gold prices triggered impairment charges. The company is focused on reducing costs and advancing its Santoy Gap project toward production to increase its production profile.
- For 2013, the company forecasts gold production of 50,000 to 54,000 ounces and lower unit costs. It also plans to reduce capital and exploration expenditures by 30% and focus on developing Santoy Gap and evaluating strategic options
Claude Resources Inc. Corporate Presentation - Denver Gold Forum 2014Claude Resources Inc.
The corporate presentation provides an overview of Claude Resources and its operations. Key points include:
- Claude has two Canadian gold assets totaling over 1 million ounces each and is focused on cash flow optimization, production growth, and strengthening its balance sheet.
- At its Seabee mine, Claude has implemented strategies to increase production including a new mining method, development of the higher grade Santoy Gap zone, and exploration targeting additional resources.
- For 2014, Claude expects production of 50,000-54,000 ounces at lower costs and capital expenditures compared to 2013.
Preso q4 2017 financial results presentation final.compressedasanko6699
The document provides operating and financial results for Asanko Gold for Q4 and full year 2017. Some key highlights include:
- Gold production of 205,047oz for the year, within amended guidance range.
- All-in sustaining costs of $1,007/oz, above guidance due to higher pre-stripping costs.
- Net income before taxes of $30.7M for the year, up from $2016.
- $54.6M in cash and working capital at the end of the year.
- Signed a term sheet to defer repayment of debt principal by up to 3 years to enable construction of a conveyor in 2019.
This corporate presentation from Claude Resources provides an overview of the company's operations and projects. Claude has 3 Canadian gold assets located in proven mining regions of Saskatchewan and Ontario. Their flagship operation is the Seabee Gold Operation in Saskatchewan, which has produced over 1 million ounces of gold. Claude plans to increase production at Seabee by focusing on developing their Santoy Gap deposit and exploring for additional resources near current infrastructure. Overall, the company is focusing on reducing costs and pursuing growth in a disciplined manner during the challenging gold price environment.
Newmont Mining Corporation reported its second quarter 2014 earnings. Key highlights included:
- Attributable gold production increased 5% year-over-year to 1,220 koz.
- Gold all-in sustaining costs decreased 17% to $1,063/oz.
- Capital expenditures were down 58% to $254 million for the quarter.
- The company approved the Merian gold project in Suriname, with first production expected in late 2016.
Fresnillo presented an overview of its operations and growth projects. Key points include:
- Fresnillo is the world's largest silver producer and Mexico's second largest gold producer.
- Production in 2014 was 45 million ounces of silver and 596,000 ounces of gold.
- The company has a strong pipeline of development and exploration projects that could add significant production by 2018.
- Approved projects underway include the large San Julian silver/gold mine expected to start production in 2016 and the Pyrites Plant optimization project.
- Brownfield expansion opportunities at sites like Cienega and Fresnillo itself are also being evaluated.
- Advanced exploration projects with potential to become mines by 2018 include
The document summarizes a Q3 2013 conference call for U.S. Silver & Gold. Key points include:
- Cash costs were reduced 13% year-over-year and production is on track to deliver 100 tons per day from silver/copper areas by year-end.
- A small mine plan was implemented that reduced staffing and operating stopes to focus on the most profitable ounces.
- Exploration is focused on expanding high-grade resources near existing infrastructure like the Caladay Zone.
- The company remains focused on profitable silver production and increasing resources through exploration and potential acquisitions.
Guyana Goldfields Inc. March 2017 IR Presentationguygold2016
This document provides an overview of Guyana Goldfields Inc. and its Aurora Gold Mine. It discusses the company's 2016 highlights which included producing over 150k ounces of gold and being within guidance. It outlines the feasibility study results which show over 3M ounces of gold production over a 15 year mine life. It also discusses the phased mill expansion to increase throughput which is fully permitted and funded internally. Finally, it highlights the exploration potential on the company's large land package in Guyana as it looks to discover a second mine in the district.
Gran Colombia Gold reported its Q1-2017 results. Gold production was 39,008 ounces, up 26% from Q1-2016, driven by strong performance from contract miners at its Segovia Operations in Colombia. Cash costs were $748/ounce and AISC was $941/ounce. The company generated $2.3 million in excess cash flow in the quarter and is on track to meet its 2017 production guidance of 150,000-160,000 ounces. Gran Colombia also updated resources at Segovia, with measured and indicated resources increasing to 1.1 million ounces from 402 thousand ounces in December 2016.
This document provides a corporate presentation for Claude Resources covering forward-looking statements, cautionary notes, and an overview of the company's operations and financial results. Key points include:
- The company produces gold from its Seabee mine in Saskatchewan and has additional gold resources.
- Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from expectations.
- In 2015 the company expects unit costs of $685-750 per ounce and all-in sustaining costs of $1,065-1,175 per ounce.
- For the first 9 months of 2015 the company reported net earnings of $21 million and cash flow from operations of $36.3 million.
Conference Call and Webcast for Q2/15 - Claude Generates Record Quarterly Ear...Claude Resources Inc.
- The company reported record earnings of $10.2 million for Q2 2015, a 208% improvement over Q2 2014, due to higher gold production and grades as well as lower costs.
- Production in the first half of 2015 was 41,686 ounces, a 39% increase over the same period in 2014, with mill head grade of 9.49 g/t, also up 39%.
- Cash costs per ounce and all-in sustaining costs were down 23% and 18% respectively for the first half of 2015 compared to the same period of 2014.
- The document discusses Claude Resources' corporate presentation from July 2015.
- It highlights the company's improved operational and financial performance in 2015, including higher gold production and grades at its Seabee Gold Operation driven by the Santoy Gap zone.
- Claude Resources has a strong balance sheet with over $20 million in cash and low debt following reductions. The company presents compelling valuation metrics compared to peers.
- Claude Resources reported record quarterly gold production of 21,067 ounces in Q1 2015, an 86% increase over Q1 2014, driven by higher grades from the L62 and Santoy Gap deposits.
- Total cash costs per ounce decreased 31% to $675 compared to Q1 2014 and net profit was $5.1 million compared to a $5.1 million loss in Q1 2014.
- The company continues to reduce debt and strengthen its balance sheet while ramping up production at Santoy Gap to achieve 500 tonnes per day and exploring expansion opportunities in its 17,200 hectare land package.
Claude Resources Inc. held a corporate presentation at the BMO Metals & Mining Conference in 2015. The presentation highlighted the company's strong operating and financial results in 2014, including record gold production and lower unit costs. It also outlined plans for continued production growth and cost reductions in 2015 from its Seabee Gold Operation in Saskatchewan. Key drivers included expanding production from the higher grade Santoy Gap zone and ongoing exploration success extending mineralization. The presentation concluded by emphasizing Claude's track record of delivering profitable gold production and focus on sustaining strong operating margins.
This document summarizes Claude Resources' third quarter 2014 conference call. It discusses record quarterly gold production and decreased costs. Key drivers of improved performance included higher grades from the L62 deposit and Santoy Gap, where production is ramping up. Guidance for 2014 was increased to 61,000 to 64,000 ounces of gold production. The balance sheet was also strengthened through debt reduction. Drilling continues to demonstrate resource expansion potential at Santoy Mine Complex.
Claude Resources held its Q1 2016 earnings call on May 5, 2016 to report strong production and financial results for the quarter. Highlights included production of 20,672 ounces of gold from its Seabee Gold Operation in Saskatchewan, generating $14.3 million in cash flow from operations. Exploration success at the Santoy Gap zone is expected to contribute approximately 80% of production for 2016 as mining transitions to higher grade areas. The company also announced a proposed acquisition by Silver Standard that will create a mid-tier precious metals producer with improved scale, financial strength, and growth opportunities.
Claude Resources held its Q1 2016 earnings call on May 5, 2016 to discuss the company's financial and operational results. Key highlights included strong production from mining higher grade ore, generating earnings and free cash flow. Exploration success at Santoy Gap is expected to provide around 80% of production for 2016-2017. The call also discussed Claude's proposed acquisition by Silver Standard, which would create a larger intermediate precious metals producer with improved scale and financial position.
1. The company has two Canadian gold assets, each hosting over 1 million ounces of gold, located in proven mining regions with significant growth potential.
2. Strategies to improve cash flow, reduce costs, and strengthen the balance sheet have resulted in debt reduction and improved financial performance in 2014.
3. The new Santoy Gap discovery provides higher grade ore and opportunities to optimize the mine plan, with production ramping up and the system remaining open at depth.
The document summarizes Primero's first quarter 2014 results. It discusses increased production at San Dimas, completion of the Phase I expansion there, and higher silver sales. It also provides financial results for the quarter including revenues, earnings, cash flows, and balance sheet information. Primero maintains a strong outlook for 2014 with targeted production increases at both San Dimas and Black Fox mines through expansions and operational improvements.
- The Denver Gold Forum will take place from September 15-17, 2014 in Denver, Colorado. Aurico Gold provides information on its quality asset base, production growth plans, and strong financial position.
- Aurico expects gold production to increase up to 25% in 2014 from continued growth at its Young-Davidson and El Chanate mines. It also has a strong liquidity position of $290 million as of June 30, 2014.
- The company's primary assets include the Young-Davidson mine in Ontario, Canada and the El Chanate mine in Sonora, Mexico, which are expected to produce 140-160koz and 70-80koz of gold, respectively, in 2014.
- The company reported financial results for the second quarter of 2013, including gold production of 12,438 ounces and revenue of $16.1 million. However, the company reported a net loss of $9.9 million due to an impairment charge of $10.8 million.
- Operationally, production was in line with expectations but declining gold prices triggered impairment charges. The company is focused on reducing costs and advancing its Santoy Gap project toward production to increase its production profile.
- For 2013, the company forecasts gold production of 50,000 to 54,000 ounces and lower unit costs. It also plans to reduce capital and exploration expenditures by 30% and focus on developing Santoy Gap and evaluating strategic options
Claude Resources Inc. Corporate Presentation - Denver Gold Forum 2014Claude Resources Inc.
The corporate presentation provides an overview of Claude Resources and its operations. Key points include:
- Claude has two Canadian gold assets totaling over 1 million ounces each and is focused on cash flow optimization, production growth, and strengthening its balance sheet.
- At its Seabee mine, Claude has implemented strategies to increase production including a new mining method, development of the higher grade Santoy Gap zone, and exploration targeting additional resources.
- For 2014, Claude expects production of 50,000-54,000 ounces at lower costs and capital expenditures compared to 2013.
Preso q4 2017 financial results presentation final.compressedasanko6699
The document provides operating and financial results for Asanko Gold for Q4 and full year 2017. Some key highlights include:
- Gold production of 205,047oz for the year, within amended guidance range.
- All-in sustaining costs of $1,007/oz, above guidance due to higher pre-stripping costs.
- Net income before taxes of $30.7M for the year, up from $2016.
- $54.6M in cash and working capital at the end of the year.
- Signed a term sheet to defer repayment of debt principal by up to 3 years to enable construction of a conveyor in 2019.
This corporate presentation from Claude Resources provides an overview of the company's operations and projects. Claude has 3 Canadian gold assets located in proven mining regions of Saskatchewan and Ontario. Their flagship operation is the Seabee Gold Operation in Saskatchewan, which has produced over 1 million ounces of gold. Claude plans to increase production at Seabee by focusing on developing their Santoy Gap deposit and exploring for additional resources near current infrastructure. Overall, the company is focusing on reducing costs and pursuing growth in a disciplined manner during the challenging gold price environment.
Newmont Mining Corporation reported its second quarter 2014 earnings. Key highlights included:
- Attributable gold production increased 5% year-over-year to 1,220 koz.
- Gold all-in sustaining costs decreased 17% to $1,063/oz.
- Capital expenditures were down 58% to $254 million for the quarter.
- The company approved the Merian gold project in Suriname, with first production expected in late 2016.
Fresnillo presented an overview of its operations and growth projects. Key points include:
- Fresnillo is the world's largest silver producer and Mexico's second largest gold producer.
- Production in 2014 was 45 million ounces of silver and 596,000 ounces of gold.
- The company has a strong pipeline of development and exploration projects that could add significant production by 2018.
- Approved projects underway include the large San Julian silver/gold mine expected to start production in 2016 and the Pyrites Plant optimization project.
- Brownfield expansion opportunities at sites like Cienega and Fresnillo itself are also being evaluated.
- Advanced exploration projects with potential to become mines by 2018 include
The document summarizes a Q3 2013 conference call for U.S. Silver & Gold. Key points include:
- Cash costs were reduced 13% year-over-year and production is on track to deliver 100 tons per day from silver/copper areas by year-end.
- A small mine plan was implemented that reduced staffing and operating stopes to focus on the most profitable ounces.
- Exploration is focused on expanding high-grade resources near existing infrastructure like the Caladay Zone.
- The company remains focused on profitable silver production and increasing resources through exploration and potential acquisitions.
Guyana Goldfields Inc. March 2017 IR Presentationguygold2016
This document provides an overview of Guyana Goldfields Inc. and its Aurora Gold Mine. It discusses the company's 2016 highlights which included producing over 150k ounces of gold and being within guidance. It outlines the feasibility study results which show over 3M ounces of gold production over a 15 year mine life. It also discusses the phased mill expansion to increase throughput which is fully permitted and funded internally. Finally, it highlights the exploration potential on the company's large land package in Guyana as it looks to discover a second mine in the district.
Gran Colombia Gold reported its Q1-2017 results. Gold production was 39,008 ounces, up 26% from Q1-2016, driven by strong performance from contract miners at its Segovia Operations in Colombia. Cash costs were $748/ounce and AISC was $941/ounce. The company generated $2.3 million in excess cash flow in the quarter and is on track to meet its 2017 production guidance of 150,000-160,000 ounces. Gran Colombia also updated resources at Segovia, with measured and indicated resources increasing to 1.1 million ounces from 402 thousand ounces in December 2016.
This document provides a corporate presentation for Claude Resources covering forward-looking statements, cautionary notes, and an overview of the company's operations and financial results. Key points include:
- The company produces gold from its Seabee mine in Saskatchewan and has additional gold resources.
- Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from expectations.
- In 2015 the company expects unit costs of $685-750 per ounce and all-in sustaining costs of $1,065-1,175 per ounce.
- For the first 9 months of 2015 the company reported net earnings of $21 million and cash flow from operations of $36.3 million.
Conference Call and Webcast for Q2/15 - Claude Generates Record Quarterly Ear...Claude Resources Inc.
- The company reported record earnings of $10.2 million for Q2 2015, a 208% improvement over Q2 2014, due to higher gold production and grades as well as lower costs.
- Production in the first half of 2015 was 41,686 ounces, a 39% increase over the same period in 2014, with mill head grade of 9.49 g/t, also up 39%.
- Cash costs per ounce and all-in sustaining costs were down 23% and 18% respectively for the first half of 2015 compared to the same period of 2014.
The document provides a summary of Claude Resources' third quarter 2013 results. Key points include:
- Gold production of 10,541 ounces, down from the previous year due to lower grades.
- Revenue of $15 million from the sale of 10,781 ounces of gold.
- A net loss of $33.9 million after an impairment charge, partially offset by a tax recovery.
- Exploration success added 243,000 ounces to reserves at the Santoy Gap deposit.
- Cost reduction efforts have lowered year-to-date spending versus budget and the previous year.
- Operations are focused on adding lower-cost ounces and improving efficiencies.
Claude Resources Inc. Q4 and 2015 Annual Conference Call and Webcast Presenta...Marc Lepage, CPIR
- Claude Resources reported record gold production and earnings in 2015, with production increasing 20% over 2014 and net earnings improving by $27.7 million.
- Key drivers of the strong performance were higher mill head grades from the Santoy Gap ore body and improved mining methods.
- The company has a strong balance sheet with $39.8 million in cash and bullion as of December 31, 2015, and is focused on expanding reserves and resources through its 2016 drilling programs.
- The document is Aurico Gold's Q2 2014 financial results conference call presentation.
- It discusses Aurico's strong safety and production growth performance in Q2 2014, with the eighth consecutive quarter of production growth and Young-Davidson exceeding expectations.
- Cash costs for Q2 2014 were $801 per ounce, and the company is on track to generate positive free cash flow by the end of 2014.
This document provides an overview of Aurico Gold Inc., a gold mining company with operations in Canada and Mexico. It discusses Aurico's strategic repositioning in recent years through acquisitions and divestitures. The company now has two main producing mines, Young-Davidson in Ontario and El Chanate in Mexico. The document outlines Aurico's guidance for 2014, expecting a 25% increase in gold production to 210-240koz at an all-in sustaining cost of $1,100-1,200/oz. It also discusses Aurico's strong financial position and liquidity.
This presentation provides an overview of Aurico Gold and its assets. It discusses Aurico's strategic repositioning through acquisitions and divestitures. Key assets include the Young-Davidson and El Chanate mines which are expected to produce 210-240koz in 2014 at costs of $675-775/oz. Young-Davidson is a large underground gold mine in Ontario with over 20 years mine life while El Chanate is an 8 year mine in Mexico. The presentation also discusses the Kemess Underground project in BC and provides 2014 production and cost guidance for the portfolio.
Lake Shore Gold produced a record 185,600 ounces of gold in 2014 at low unit costs of $595/oz for total cash costs and $875/oz for all-in sustaining costs. The company increased its cash position to approximately $60 million after repaying $45 million in debt during 2014. Lake Shore Gold has a large resource base of over 3 million ounces of measured and indicated resources and 3.3 million ounces of inferred resources to support its goal of replacing reserves mined and extending mine life at its Timmins West and Bell Creek operations in Ontario, Canada. The company plans to continue its exploration program in 2015, including defining an initial resource at its new 144 Gap discovery zone.
Bank of America Merrill Lynch 20th Annual Canada Mining ConferenceAuRico Gold
Bank of America Merrill Lynch 20th Annual Canada Mining Conference presentation by Aurico Gold Inc. highlights the company's strategic repositioning to become a low-cost North American gold producer with quality assets in top jurisdictions. Aurico has grown production through strategic acquisitions and divestitures while returning capital to shareholders, and guidance forecasts continued production and cost improvements in 2014.
The document provides an overview of Claude Resources Inc.'s annual general meeting, including highlights from 2012 such as a net profit of $5.6 million and cash costs per ounce of $997. It also summarizes the company's operations and projects, including the Seabee Gold Operation, Santoy Gap, Amisk Gold Project, and Madsen Gold Project. The company has three Canadian gold assets and over 20 years of operating experience.
The document provides an overview of Aurico Gold's operations and projects. It discusses the company's production growth profile, with expected increases in gold production of up to 25% in 2014. It also notes declining costs and capital investments. Aurico's primary assets include the Young-Davidson and El Chanate mines, and it has exploration projects underway. The document includes production figures and cost estimates for 2014.
The document provides an overview of Aurico Gold's sales desk presentation from August 2014. It discusses Aurico's key assets including the Young-Davidson and El Chanate mines, highlights 2014 production and cost guidance showing growth, and summarizes reserve and resource estimates. It also provides details on the Kemess Underground project and exploration program results.
- The document is the transcript from Claude Resources' 2014 Q2 conference call held on August 6, 2014.
- Key highlights from Q2 included record gold production of 18,742 ounces, a 51% increase over Q2 2013, and revenue of $24.7 million, a 53% rise.
- The company continues developing its Santoy Gap project, which contributed over 100 tonnes per day in May and June, and is targeting 50,000-54,000 ounces of gold production for 2014.
This document discusses Aurico Gold's commitment to shareholder value creation. It provides an overview of Aurico's high quality, low cost asset base in North America including its Young-Davidson and El Chanate mines. Production and cost estimates for 2013 are provided for these operations. The document also discusses Aurico's exploration projects and growth opportunities. Aurico's strong balance sheet, increasing production profile, and cash flow are highlighted. Aurico's dividend policy and its potential to provide accretive growth per share are summarized.
This document discusses Aurico Gold's commitment to shareholder value creation. It provides an overview of Aurico's high quality, low cost asset base in North America including production and cost estimates for its Young-Davidson and El Chanate mines. It also discusses exploration projects at Kemess and Orion that provide future growth opportunities. Additionally, the document outlines Aurico's peer-leading dividend policy and cash flow and earnings growth profile that is expected to create increasing value per share.
- The corporate update provides an overview of Primero's operations and growth plans. It discusses the San Dimas mine, the pending acquisition of the Cerro Del Gallo project, and the company's strategy to increase production to 400,000-500,000 ounces per year through its existing assets and growth opportunities.
- Financial results for Q1 2013 showed increased production and cash flow compared to Q1 2012. The balance sheet contained $141 million in cash as of March 31, 2013.
- Details were given on plans to expand the San Dimas mine to 2,500 tonnes per day by Q1 2014 and exploration activities aimed at further resource growth. The Cerro Del Gallo acquisition is expected to close
This document summarizes Newmont Mining Corporation's second quarter 2014 earnings call. It reports that the company increased attributable gold production by 5% compared to the second quarter of 2013 while decreasing gold AISC by 17%. Capital expenditures were down 58% from the previous year's second quarter. The company also approved development of the Merian project in Suriname with anticipated first production in late 2016.
Second Quarter 2014 Results PresentationNewmontMining
This document summarizes Newmont Mining Corporation's second quarter 2014 earnings call. It reports that the company increased attributable gold production by 5% compared to the second quarter of 2013 while decreasing gold AISC by 17%. Capital expenditures were down 58% from the previous year's second quarter. For 2014, the company has improved guidance with reduced gold CAS and increased attributable gold production while decreasing regional gold AISC guidance at four regions.
- Claude Resources Inc. is a Canadian gold mining company that owns and operates the Seabee Gold Operation in Saskatchewan and owns the Amisk Gold Project.
- In 2013, production at Seabee was 43,850 ounces, revenue was $63.8 million, and the company reported a net loss of $73.4 million due to impairment charges.
- Key events in 2013-2014 included the sale of the Madsen Project, the retirement of the CEO, an amendment to the term loan agreement, and the sale of a gold royalty to improve the company's financial position.
- Claude Resources completed an extension of the shaft at its Seabee Gold Mine from 600 metres to 980 metres depth, allowing production from deeper deposits.
- Exploration drilling discovered extensions of the Santoy Gap and Santoy 8 deposits with high-grade intercepts up to 330 grams/tonne gold over 1.55 metres.
- The company secured $50 million in debt financing to support its growth plans going forward.
The document provides an overview of Claude Resources' first quarter 2013 results, including a net loss of $2.5 million but cash flow from operations of $1.4 million, as well as outlining the company's gold production, costs, debt facilities, cost reduction initiatives, operations and projects. It also provides highlights and outlook for the full 2013 year.
This document provides an annual report and management discussion and analysis for Claude Resources Inc. for the year ending December 31, 2012. Key highlights include:
- Gold production of 49,570 ounces at the Seabee Gold Operation, a 10% increase over 2011.
- Proven and probable reserves of 311,100 ounces of gold and measured and indicated resources of 344,200 ounces as of December 31, 2012.
- Revenue of $80.8 million from the sale of 48,672 ounces of gold at an average price of $1,660 per ounce.
- Net profit of $5.6 million and cash flow from operations of $25.8 million.
- Ongo
Claude Resources Inc. has three Canadian gold projects - Seabee, Amisk and Madsen - that each host over 1 million ounces of gold and have the potential to produce over 100,000 ounces per year. The company expects to increase annual gold production at Seabee by 10-15% per year over the next 5 years to exceed 90,000 ounces by 2017 through increased reserves, new discoveries, improved infrastructure and development. Claude also continues to grow its resource base at a finding cost below the industry average as it focuses on exploration and advancing its projects.
Claude Resources Inc. Q4 2012 Conference Call and Webcast PresentationClaude Resources Inc.
Neil McMillan, President and CEO of Claude Resources Inc., presented the company's 2012 financial and operating results on March 28, 2013. Key highlights included net profit of $5.6 million, cash flow from operations of $25.8 million, gold sales increasing 16% to 48,672 ounces, and production reaching a record 49,570 ounces. The presentation also provided details on the company's financial position, debt facilities, operations at Seabee Gold Operation and exploration projects, and production and cost guidance for 2013.
The document is Claude Resources Inc.'s 2012 Annual Information Form. It provides an overview of the company's corporate structure, general development of its business over the past year, description of its mining properties and operations, discussion of risk factors, and other standard annual report sections such as directors and officers, capital structure, and audit committee information.
This document provides an overview and discussion of Claude Resources Inc.'s consolidated operating and financial performance for 2012. Some key points:
- Claude is a Canadian gold producer with mining operations at Seabee in Saskatchewan and exploration properties in Saskatchewan and Ontario.
- In 2012, Seabee production was 49,570 ounces of gold sold, an increase from 2011. Exploration continued to expand reserves, particularly at the Santoy Gap deposit near Seabee.
- The company has a working capital deficiency and relies on plans to finalize a new debt facility to refinance upcoming debt repayments and continue as a going concern.
The corporate presentation provides an overview of Claude Resources and its gold assets in Canada. It summarizes that Claude has 3 gold mining operations located in proven mining regions of Canada, with each hosting over 1 million ounces of gold. It also outlines Claude's plans to increase production by 80% by 2017 while decreasing costs, focusing on organic growth from its existing resource base near current infrastructure. The presentation promotes Claude as a lower risk investment opportunity with potential for production and cost improvements.
- Claude Resources met its 2012 gold production guidance of 49,570 ounces from its Seabee Gold Operation in northern Saskatchewan.
- Significant infrastructure expansion took place at the Seabee Operation, including mill upgrades, camp expansion, and completion of a shaft extension project.
- Exploration success was seen at the Santoy Gap and Madsen projects, with resource expansions and positive drill results reported.
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
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Cleades Robinson, a respected leader in Philadelphia's police force, is known for his diplomatic and tactful approach, fostering a strong community rapport.
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The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.
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June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
2. 2
Cautionary Note Regarding Forward-Looking Information
This 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 or performance. Forward-looking information may include reserve and 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 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 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 to risks, 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 known and unknown risks, uncertainties and
other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Shareholders are
cautioned not to place undue reliance on forward-looking information. By its nature, forward-looking information involves numerous assumptions,
inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various
future events will not occur. Claude Resources undertakes no obligation to update publicly or otherwise revise any forward-looking information
whether as a result of new information, future events or other such factors which affect this information, except as required by law.
Cautionary Note to U.S. Investors Concerning Resource Estimate
The resource estimates in this document were prepared in accordance with National Instrument 43-101, adopted by the Canadian Securities
Administrators. The requirements of National Instrument 43-101 differ significantly from the requirements of the United States Securities 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. 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 be economically and legally extracted at the time the determination is made.
United States investors should not assume that all or any portion of a measured or indicated resource will ever be converted into “reserves”.
Further, “inferred resources” have a great amount of uncertainty as to their existence and whether they can be mined economically or legally, and
United States investors should not assume that “inferred resources” exist or can be legally or economically mined, or that they will ever be upgraded
to a higher category.
Cautionary Statement
3. 33
Corporate Summary
Canadian gold producer with over 20 years experience
•Demonstrated production and margin growth
•Produced over 1 million ounces from Seabee Gold Operation
•Each asset hosts +1 million ounces of gold
•Low risk and proven mining jurisdictions
Low cost and profitable
• 2014 Unit cash cost (1) of CDN $836 (U.S. $757)
• 2014 All in sustaining cost/oz (1) of CDN $1,310 (U.S. $1,186)
• 2014 earnings of CDN $4.6 million
•Q1 2015 earnings of CDN $5.1 million
Strong financial position
•$15.4 million of cash (at March 31, 2015)
•$21.7 million of debt (at March 31, 2015)
Seabee Gold Operation
(Seabee Gold Mine and Santoy
Mine Complex)
Amisk Gold Project
(1) See description and reconciliation of non-IFRS financial measures in the “Non-IFRS Financial Measures and Reconciliations” section of the Company’s 2014 MD&A.
4. 44
• Operating/Mine execution
• Cash flow and earnings
• Balance Sheet strength
The New Story
… and we are delivering results.
We recognized what we needed to improve…
Valuation(1)
P/CF P/E
CRJ 3.8X 8.9X
Jr. Gold Avg. 5.7X 15.0X
(1) Based on analyst consensus and share price as of May
27, 2015.
5. 5
Strong Operating Results
Set new records in safety, environment and production
ü Santoy Gap development was ahead of schedule with long hole production initiated in Q3 2014
ü Alimak mining method results positive
ü Record safety and environmental performance
Production Statistics
2014 2013 Change
Tonnes Milled 279,597 280,054 -
Head Grade (g/t) 7.32 5.11 43%
Recovery 95.7% 95.3% -
Gold Ounces
Produced 62,984 43,850 44%
Sold 62,772 44,823 40%
6. 6
Strong Start to 2015
Set new quarterly gold production record in Q1 2015
ü Excellent results in what is typically our most challenging quarter
ü Driven by mine sequencing and by higher grades from L62 and Santoy Gap
ü Future head grade to come more in-line with reserve grades
Production Statistics Q1 2015 Q1 2014 Change
Tonnes Milled 67,249 64,370 4%
Head Grade (g/t) 10.17 5.76 77%
Recovery 95.8% 95.1% 1%
Gold Ounces
Produced 21,067 11,344 86%
Sold 17,326 10,865 59%
7. 77
Q1 Financial Results
(1) See description and reconciliation of non-IFRS financial measures in the “Non-IFRS Financial Measures and Reconciliations” section of the Company’s Q1 2015 MD&A.
(2) Cash flow from operations before net changes in non-cash operating working capital.
Financial Results
(all $ amounts in $CDN unless otherwise stated) Q1 2015 Q1 2014
Revenue (in 000’s) $26,183 $15,624
Production costs (in 000’s) $10,730 $10,628
Net profit (loss) (in 000’s) $5,122 ($5,111)
Earnings (loss) per share (basic and diluted) $0.03 ($0.03)
Cash flow from operations (1) (2) (in 000’s) $9,268 $1,784
Cash flow from operations (1) (2) per share $0.05 $0.01
Total cash costs per ounce (1) $675 $983
Total cash costs per ounce (1) (U.S. $) $544 $891
All-in sustaining cost per ounce (1) $1,374 $1,919
All-in sustaining cost per ounce (1) (U.S. $) $1,107 $1,738
A profitable gold producer at current Au prices
8. 88
Stronger Balance Sheet
De-risked balance sheet & improved financial structure
ü Debt reduction through $300,000/month principal payments ($3.6 million annually)
ü Strong liquidity position with $15.4 million in cash and an undrawn line of credit of up to
$8.5 million
Balance sheet strength and debt reduction remain a key priority
All amounts in $CDN millions March 31, 2015 March 31, 2014
Long Term Debt $21.7 $25.0
Line of Credit - $1.2
Short Term Loans - $2.3
Total debt $21.7 $28.5
Cash $15.4 -
Net debt ($6.3) ($28.5)
9. 99
Compelling Valuation
$760
$780
$800
$820
$840
$860
$880
$900
$920
$940
$960
$980
*KGI RIC SAS WDO CRJ Average Median
CDN$ Unit Cash Cost/Oz (12 months 2014)
$836
600
800
1,000
1,200
1,400
1,600
1,800
2,000
Q1 '13 Q2 '13 Q3 '13 Q4 '13 Q1 '14 Q2 '14 Q3' 14 Q4 '14 2015E
FY
AISC (CDN$/oz) (1)
Current CDN Au $ - $1,430
0
2
4
6
8
10
12
♦TGZ
CRJ
AR
PRU
OGC
LSG
DPM
♦P
KGI
AUQ
RIC
P/CF
P/CF 2015 P/CF 2016
Source: Bloomberg, Cormark
(1) See description and reconciliation of non-IFRS financial measures in the “Non-IFRS Financial Measures and Reconciliations” section of the Company’s 2014 MD&A.
5.7 5.9
5.1
7.3 6.8 to 7.3
0
1
2
3
4
5
6
7
8
9
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
2011A 2012A 2013A 2014A 2015E
Growing Production
Production Grade
$2,800
11. 11
Productive Gold Belt
Seabee Property:
17,200 Hectares
• Large land position – 19,950 Hectares
• Control the entire greenstone belt
• Underexplored gold camp
• Well established infrastructure
12. 12
Key Drivers: Santoy Gap
• 2,000 ounces per vertical metre (Seabee: ~ 1,000 oz/vertical metre)
• Higher reserve grade with opportunity to increase
• Decreased production risk with the addition of multiple long-hole mining fronts
• Opportunity to displace low margin ounces with high margin ounces and optimize
mine plan for improved cash flow
• Time to production from discovery = 2.5 years
• System remains open at depth
What makes Santoy Gap so special?
Higher Grade + Wider Veins = More Ounces Per Vertical Metre
13. Key Drivers: Santoy Gap
• Production to date – over 87,500 tonnes @ 8.18 g/t
• Forecast to be 60% of 2015 annual gold production tonnage
• Infrastructure upgrades on-going to ramp up to 600-700 tpd
• 35,000 to 40,000 metres of underground drilling in 2015
2015 Production
2014 Production
Higher Grade + Wider Veins = More Ounces Per Vertical Metre
13
14. Santoy Gap: Driving Production
Total Mine Production by Type/Year
Sum of Tonnes Mined Sum of Ounces Grade
Development 56,305 13,258 7.32
Production 31,231 9,772 9.73
2014 47,594 12,182 7.96
2015 Q1 39,942 10,848 8.45
Total 87,536 23,030 8.18
• 2014/15 Production well-ahead of Schedule
and PFS design
• Reconciling above reserves and resources
on ounces and below on tonnage
• Revised top-cut, variography and domain definition
based on in-fill drilling for year end 2014.
• Step-change in production driven by
improved sill and long-hole stope availability
0
2,500
5,000
7,500
10,000
12,500
15,000
0
10,000
20,000
30,000
40,000
50,000
60,000
Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015
QuarterlyOz
QuarterlyTonnage
Santoy Gap Production Profile
Budget T Actual T
Budget Oz Actual Oz
14
15. 15
Key Drivers: L62 & Alimak Mining
Illustration of Alimak Mining process
• Reduced underground waste development and increased production rates :
• Ability to mine 100 metre high zone in 9 months vs 16-18 months
• Positive reconciliation on grade, ounces and tonnes versus budget
Faster, Cheaper à More Productive
L62: The source of
higher grade ore
Seabee Mine – L62 Deposit
2014 Alimak Performance Tonnes Grade (g/t) Ounces Dilution (%)
L62 Zone 127,273 9.10 37,243 18
16. 16
Focused on delivering higher margin ore to the mill
• Change in mining method at Santoy Gap (Transverse vs. Long-hole) increased grade and reduced dilution
• Santoy Gap mineral reserve grade increased by 35% to 7.64 g/t from 5.68 g/t
• The 45% increase in Inferred ounces was driven by the significant expansion of the Santoy 8 ore body
• A significant 2015 underground drilling program of ~65,000 metres is expected to drive mineral reserve and
mineral resource growth
Updated Reserves and Resources
* See 2014 Annual MD&A for footnotes to the Mineral Resource Statement.
Seabee Gold Operation Mineral Reserves and Mineral Resources* (as of November 30, 2014)
P&P Reserves 2014 2013 Change
Grade 7.03 5.70 23%
Ounces 299,000 422,900 -29%
M&I Resources
Grade 5.98 6.91 -13%
Ounces 125,200 175,200 -29%
Inferred Resources
Grade 7.96 7.21 10%
Ounces 847,300 582,900 45%
17. 17
Prospective Gold Camp
SYSTEM REMAINS OPEN AT DEPTH
Excellent opportunity for resource expansion at Santoy Mine Complex
• 2014 underground drilling demonstrated economic grades and widths
• SUG-14-038 – 26.77 g/t over 8.7 m
• Major step-out holes among the highest gram-metre product to date in the camp
• JOY-13-690 – 330.35 g/t over 1.6 m JOY-13-692 – 30.08 g/t over 7.9 m
• Budgeted ~35,000 metres of underground drilling in 2015
2015 Drill Target Area
2.5 km Strike Length
18. 18
A profitable gold miner
ü Increased production & margins by prioritizing Santoy Gap development &
changing mining method at L62 deposit
ü Set new annual gold production record of 62,984 ozs in 2014 (2013: 43,850)
ü New quarterly gold production record in Q1 2015 of 21,067
ü Decreased 2014 all-in sustaining costs by 29% from 2013
ü Lowered 2014 capital expenditures by 28% from 2013
ü Increased cash flow & earnings to drive further debt reduction & a stronger
balance sheet
Our strategies are delivering results
19. 19
2015 Outlook
ü Gold production of 60,000 to 65,000 ounces
ü Unit cash costs – CDN $785 to $850 per ounce (includes NSR)
ü All in sustaining costs – CDN $1,175 to $1,275 per ounce
ü Expected FCF in 2015 @ CDN $1,300 Au/oz (U.S. $1,040 Au/oz*)
ü Our performance & profitability is sustainable
Our focus will remain on cost containment,
margins and production growth
*Assuming U.S./CDN exchange rate of $0.80
20. 20
(1) See footnotes located on page 17
Claude Resources Inc.
Discover. Develop. Deliver.
TSX: CRJ OTCQB: CLGRF
200, 219 Robin Cres.
Saskatoon, Saskatchewan, S7L 6M8
Canada
P. 306.668.7505
F. 306.668.7500
E: ir@clauderesources.com
21. 2121
Appendix A:
Corporate Summary
21
Stock Exchanges:
TSX CRJ
OTCQB CLGRF
Share Structure:
Shares Outstanding (March 26, 2015):
Basic 194.3 million
Fully Diluted 202.8 million
Market Cap CDN $140 million
52 Week High $0.78
52 Week Low $0.14
Avg. Volume (3 months) 750,000
Analyst Coverage:
Richard Gray Cormark Securities
Joe Fazzini Dundee Securities
Adam Melnyk National Bank
Don Blyth Paradigm Capital
Philip Ker PI Financial
Mike Hocking Scotiabank
Financials:
(as of March 31, 2015) :
EPS: $0.03
CFPS: $0.05
Total Cash Cost per Ounce: $675 (U.S. $544)
All-In Sustaining Cost per Ounce: $1,374 (U.S. $1,107)
Cash & Cash Equivalents: $15.4
Long Term Debt: $21.7
Outlook:
Gold Production: 60,000 -65,000 ozs
Total Cash Cost per Ounce: CDN $785-$850
All-In Sustaining Cost per Ounce: CDN $1,175 - $1,275
22. 2222
Project Overview
Ownership: 100%
Property Size:17,200 hectares
Property Location: Saskatchewan, Canada
History:(1991 – Present) +1,000,000 oz of gold production
Resources: 1.27 million ounces of gold (NI 43-101)
Status: Production from Seabee and Santoy Mine Complex
Production: Forecast 60,000 to 65,000 ozs of gold in 2015
Infrastructure:
Mill:900 tonnes per day (1,050 tpd peak)
Shaft: 1,000 metres
Tailings Facility: Permitted 6 year life
Key Notes:
• Santoy Gap ramp up on pace to reach 500 tpd
• 2015 UG drill program 65,000 m
• Successful mining method transition at Seabee
• Santoy Gap infrastructure upgrades on-going to reach 600-
700 tpd
Appendix B:
Seabee Gold Operation
23. 23
Appendix C:
Amisk Gold Project
Project Overview
Ownership: 100%
Property Size: 40,373 hectares
Property Location: Saskatchewan, Canada
Resource: 1.6 million ozs gold equivalent (NI 43-101)
Status: Greenfield exploration
Infrastructure: Exploration camp
Key Notes:
• Large bulk mineable potential
• Mineralization begins at surface and has been tested to
approximately 600 metres below surface
• Close to provincial infrastructure and in proven mining district
and “mining friendly” community
24. 24
Appendix D:
Executive Team
Brian Skanderbeg,
P.Geo.
President &
CEO
Mr. Skanderbeg joined the Corporation in April
2007. He was appointed as President & CEO in
November 2014. Prior to his current position, he
was the Sr. VP and COO. He previously worked for
Goldcorp, Inco Ltd. and Helio Resources, holding
positions in both exploration and operations. He
holds a B. Sc. from the University of Manitoba, an
M.Sc. from Rhodes University, South Africa and
brings extensive experience in gold systems and
include operational management, cost and asset
optimization as well as strategic analysis.
Rick Johnson,
CPA, CA
Chief Financial Officer
Vice President Finance
Mr. Johnson joined Claude Resources in 1996. He
was appointed to his present position in 2004,
having previously served as Company Controller. Mr.
Johnson holds a Bachelor of Commerce degree
from the University of Saskatchewan and is a
member of the Canadian Institute of Chartered
Accountants.
25. 25
Appendix E:
Board of Directors
Brian Booth,
P.Geo.
Chair Currently serves as the President and Chief Executive Officer of Pembrook Mining
Corp. Previous work experience includes Inco Ltd. and Lake Shore Gold Corp. Over 30
years of experience in mineral exploration. Joined the Board of Directors in 2012.
Rita Mirwald,
C.M.
Director Held a number of senior positions with Cameco Corporation, including that of Senior
Vice President Corporate Services. Joined the Board of Directors in 2011.
Patrick Downey,
P.Eng
Director Has over 25 years of international experience in the resource industry. Most recently,
Mr. Downey was the President and CEO of Elgin Mining Inc., which was acquired by
Mandalay Resources Inc. He has held numerous senior engineering positions at several
large scale gold mining operations. He holds a B.Sc (Hon.) degree in Engineering from
Queen's University in Belfast, Ireland. Joined the Board of Directors in January 2015.
Arnold Klassen,
CA, CPA (Illinois)
Director Has over 35 years of experience in accounting, audit and tax, with over 30 years of
experience in the Mining Industry. Mr. Klassen is currently President of AKMJK
Consulting Ltd. and prior to that was the Vice President of Finance for Dynatec
Corporation from 1988 to 2007. Mr. Klassen spent seven years with KPMG prior to
becoming Vice President of Finance with the Tonto Group of Companies from 1984 to
1998. Joined the Board of Directors in April 2015.
Brian Skanderbeg,
P.Geo.
President &
CEO
Mr. Skanderbeg joined the Corporation in April 2007. He was appointed as President &
CEO in November 2014. Prior to his current position, he was the Sr. VP and COO. He
previously worked for Goldcorp, Inco Ltd. and Helio Resources, holding positions in
both exploration and operations. He holds a B. Sc. from the University of Manitoba, an
M.Sc. from Rhodes University, South Africa and brings extensive experience in gold
systems and include operational management, cost and asset optimization as well as
strategic analysis