Corporate Presentation BM O M etals & M ining Conference 2015
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 host +1 million ounces of gold Low risk and…
The New Story We recognized what we needed to improve Operating/Mine execution Valuation P/CF P/E Cash flow and earnings CRJ (1) 3X 12X Balance Sheet strength Jr. Gold Avg. 6X 15X Excludes Q4 performance. Valuation is based on…
Strong Operating Results Set annual gold production record in 2014 Santoy Gap development ahead of schedule with long hole production initiated in Q3 2014 Alimak mining method results positive Improved safety and environmental…
Profitable Gold Producer Strong operating performance driving profitability Financial Results 9 Months 9 Months all amounts in CDN Q3 2014 Q3 2013 2014 2013 Earnings (in 000s) 6,852 (33,871) 5,068 (46,323) Earnings per share (basic…
Strong Financial Position De-risked Balance Sheet and improved financial structure All amounts in CDN millions Sept. 30, 2014 Dec. 31, 2013 Long Term Debt 23.5 25.0 Line of Credit - 8.6 Short Term Loans - 8.2 Total debt 23.5 41.8…
Operations and Projects (1) See footnotes located on page 17 9
Productive Gold Belt Large land position 17,200 Hectares Seabee Property: Control 17,200 the Hectares entire greenstone belt Underexplored gold camp Well established infrastructure 10
Delivering Higher Grades Seabee Total MRMR P & P Reserve 105,000 Oz 6.67 g/t Resource 163,800 Oz 8.89 g/t Shaft Extension: Driving reduced costs in labour, consumables and L62: The source of ore handling time higher grade…
Key Drivers For Change Illustration of Alimak Mining process New Mining Method: Alimak Mining Increased production rates: Ability to mine 100 metre high zone in 9 months vs 16-18 months Significant reduction in underground waste…
The Game Changer: Santoy Gap What makes Santoy Gap so special 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…
Key Drivers: Santoy Gap Production (May to December) over 48,000 tonnes 2015 Production approx. 7.9 g/t Tonnes 165,000 175,000 Long-hole production began end of Q3 Grade 6.4 6.6 g/t 60% of 2015 annual gold production tonnage…
Key Drivers: Santoy Gap Ex cellent opportunity for resource ex pansion at Santoy M ine Com plex 2014 underground drilling continues to demonstrate economic grades and widths SUG-14-038 26.77 g/t over 8.7 m Major step-out holes among…
A profitable gold miner Our strategies are delivering results Increased production & margins by prioritizing Santoy Gap development & change in mining method at L62 Set new annual gold production record of 62,984 ozs (2013:…
2015 Outlook Our focus will remain on cost containment, margins and production growth Gold production of 60,000 to 65,000 ounces Unit cash costs - CDN 750 to 810 per ounce All in sustaining costs CDN 1,175 to 1,275 per ounce…
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: irclauderesources.com (1) See footnotes located on page…
Appendix A: Seabee Gold Operation Project Overview: Ownership: 100% Property Size:17,200 hectares Property Location: Saskatchewan, Canada History:(1991 Present) +1,000,000 oz of gold production Resources: 1.20 million ounces of gold (NI…
Appendix C: Executive Team Brian Skanderbeg, President & 7 years with Claude. Prior to his current position, P.Geo. CEO held several management positions including his most recent position of Sr. VP and COO. Previously employed with…
Appendix D: 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…