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Q1 2015 Earnings Call – Claude Resources

Claude Resources · May 8, 2015 · 12 slides

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Slides

  1. Q1 2015 Earnings Call – Claude Resources – slide 1
    Q1 2015 Earnings Call M ay 8,2015
  2. Q1 2015 Earnings Call – Claude Resources – slide 2
    Key Highlights Delivered record production & low er costs Record quarterly gold production of 21,067 86% increase vs. Q1 2014 Mill head grade of 10.17 g/t 77% increase vs. Q1 2014 Santoy Gap deposit ramp up on pace to achieve 500…
  3. Q1 2015 Earnings Call – Claude Resources – slide 3
    Q1 Financial Results A profitable gold producer at current Au prices Financial Results (all amounts in CDN unless otherwise stated) Q1 2015 Q1 2014 Revenue (in 000s) 26,183 15,624 Production costs (in 000s) 10,730 10,628 Net…
  4. Q1 2015 Earnings Call – Claude Resources – slide 4
    Stronger Balance Sheet De-risk ed balance sheet & im proved financial structure Debt reduction through 300,000/month principal payments (3.6 million annually) Strong liquidity position with 15.4 million in cash and an undrawn line of…
  5. Q1 2015 Earnings Call – Claude Resources – slide 5
    Strong Start to 2015 Set new quarterly gold production record in Q1 2015 Excellent results in what is typically our most challenging quarter Driven by mine sequencing and by higher grades from L62 and Santoy Gap Future head grade to…
  6. Q1 2015 Earnings Call – Claude Resources – slide 6
    Seabee Mine (L62 Deposit) Alimak mining method continues to perform well dilution rates continue to be below budget Q1 performance driven by: Positive reconciliation on grade and ounces versus budget Mine sequencing developed…
  7. Q1 2015 Earnings Call – Claude Resources – slide 7
    Santoy Gap Production to date over 87,500 tonnes 8.18 g/t On pace to achieve 500 tonnes per day Forecast to be 60% of 2015 annual gold production tonnage Infrastructure upgrades on-going to ramp up to 600-700 tonnes per day Higher…
  8. Q1 2015 Earnings Call – Claude Resources – slide 8
    Prospective Gold Camp Large land position 17,200 Hectares Control the entire greenstone belt Underexplored gold camp Well established infrastructure 35,000 m drill program at Seabee 15,000 m of exploration (surface and…
  9. Q1 2015 Earnings Call – Claude Resources – slide 9
    2015 Outlook Our focus w ill rem ain on cost containm ent, m argins and production grow th Gold production of 60,000 to 65,000 ounces Unit cash costs CDN 785 to 850 per ounce (includes NSR royalty) All in sustaining costs CDN…
  10. Q1 2015 Earnings Call – Claude Resources – slide 10
    Claude Resources Inc. Experience. Stability. Potential. Creating the Capacity to Discover. Develop. Deliver. TSX: CRJ OTCQB: CLGRF 200 219 Robin Cres Saskatoon, Saskatchewan, S7L 6M8 Canada P. 306.668.7505 F. 306.668.7500…
  11. Q1 2015 Earnings Call – Claude Resources – slide 11
    Appendix A: Executive Team Brian Skanderbeg, President & Mr. Skanderbeg joined the Company in April 2007. P.Geo. CEO He was appointed as President & CEO in November 2014. Prior to his current position, he was the Sr. VP and COO. He…
  12. Q1 2015 Earnings Call – Claude Resources – slide 12
    Appendix B: Board of Directors Brian Booth, Chair Currently serves as the President and Chief Executive Officer of Pembrook Mining P.Geo. Corp. Previous work experience includes Inco Ltd. and Lake Shore Gold Corp. Over 30 years of…

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