Gold production & exploration

Seabee Mine, Saskatchewan - Madsen Mine, Red Lake On

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Message: Update on Seabee Project

Update on Seabee Project

posted on Aug 19, 2009 11:11AM

Claude Resources Inc. Intercepts 19.36 Grams of Gold per Tonne Over 3.3 Meters True Width at Seabee Mine

    Trading Symbols
TSX - CRJ
NYSE Amex - CGR

SASKATOON, Aug. 19 /CNW/ - Claude Resources Inc. (TSX-CRJ; NYSE Amex-CGR)
is pleased to report highlights from its ongoing 2009 underground in-fill and
exploration program and its production progress from the Company's Seabee
Project.

Exploration

Drilling at the Seabee Mine continues to discover high grade gold
mineralization. Highlights from the July drill program include:

- 11.18 grams per tonne of gold over 3.6 meters true width
(hole U09-650).
- 7.60 grams per tonne of gold over 4.5 meters true width
(hole U09-652).
- 15.23 grams per tonne of gold over 3.9 meters true width
(hole U09-654).
- 19.36 grams per tonne of gold over 3.3 meters true width
(hole U09-655).

"Being adjacent to existing development, these discoveries will
contribute to our success in increasing our production at Seabee", stated Vice
President, Mining Operations, Philip Ng, P.Eng. "There are two significant
factors with these intercepts. Firstly, these intercepts continue to grade
above the historical average and secondly, we are finding these ore shoots in
close proximity to existing development and infrastructure, thus providing us
with the ability to incorporate these shoots into our mine plan over the short
and medium term."

-------------------------------------------------------------------------
MIDPOINT COORDINATES GRADE GRADE TRUE GRADE TRUE
HOLE ------------------------ g/T g/T WIDTH oz/t WIDTH
NO. NORTH EAST ELEV. (uncut) (cut) (m) (cut) (ft)
-------------------------------------------------------------------------
U09-650 1165.6 1202.8 -538.5 21.26 11.18 3.6 0.36 11.8
-------------------------------------------------------------------------
U09-651 1162.1 1204.1 -563.0 7.60 7.60 3.9 0.24 12.8
-------------------------------------------------------------------------
U09-652 1154 1211.1 -628.8 7.83 7.83 4.5 0.25 14.8
-------------------------------------------------------------------------
U09-653 1149.5 1215.8 -654.1 5.96 5.96 5.5 0.19 18.0
-------------------------------------------------------------------------
U09-654 1154 1224.9 -590.5 34.09 15.23 3.9 0.49 12.8
-------------------------------------------------------------------------
U09-655 1153.8 1228.9 -620.3 21.34 19.36 3.3 0.62 10.8
-------------------------------------------------------------------------

Production Update

Seabee production from July 1st to August 16th is meeting previous
guidance and is presently averaging approximately 160 ounces per day for the
quarter. Increase in production is attributed to higher tonnage, over 750
tonnes per day, as well as higher grade ore being delivered to the Seabee
Mill. This is a substantial increase from the second quarter of 85 ounces per
day. The Company continues to forecast 2009 production to range between 46,000
and 48,000 ounces of gold.
In 2009, Claude Resources Inc. is producing from its satellite deposit at
Santoy 7 as well as the Seabee Mine. In addition, the Company plans on
continuing with an underground bulk sample program at Porky West and pending
environmental approval and permits, to move Santoy 8 towards commercial
production. For 2009, approximately 35,000 meters of surface and underground
diamond drilling is planned at Seabee and its satellite deposits.
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
approximately 850,000 ounces of gold from its Seabee mining operation in
northeastern Saskatchewan. The Company also owns 100% of the 10,000 acre
Madsen property in the prolific Red Lake gold camp of northwestern Ontario.
Samples were assayed by Claude Resources Inc.'s non-accredited assay lab
at the Seabee mine site. Duplicate check assays 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 meters while the maximum was 1.0 meter. 200 gram
samples were pulverized until greater than 80% passes through 200 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 50
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 Person, have reviewed the contents of this news release
for accuracy.

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