Thursday, January 13, 2011

Claude Resources Inc. (CGR) Reports 2010 Gold Production

Claude Resources Inc. released the company’s total gold production figures for the 2010 calendar year. The company is active in various mining projects in Canada.

Claude Resources reported gold production of 13,200 ounces in the fourth quarter of 2010, and 26,100 ounces the last six months of 2010. The company reported total production in 2010 of 47,300 ounces of gold.

Claude Resources has its main gold project located in Saskatchewan at the Seabee project. The company has a 100% ownership of this project and has produced 930,000 ounces of gold since commencing operations in 1991.

Claude Resources is expanding operations at the Seabee project to set up for future production growth. The company is deepening a mining shaft at the site and expects this expansion to be completed by 2012.

Claude Resources also owns a 100% interest in the Madsen Property, which is located in the Red Lake area of Ontario, and a 65% interest in the Amisk project located in Saskatchewan.

For more information on the company, go to http://www.clauderesources.com

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