Claude Reports Q3 Gold Results

11 October 2009 (Last Updated October 11th, 2009 18:30)

Canadian gold exploration and mining company Claude Resources has reported its third-quarter production results for 2009 from its wholly-owned and operated Seabee gold project. The Seabee project produced nearly 14,000oz of gold in Q3, an 80% increase compared to the second quarter of 2

Canadian gold exploration and mining company Claude Resources has reported its third-quarter production results for 2009 from its wholly-owned and operated Seabee gold project.

The Seabee project produced nearly 14,000oz of gold in Q3, an 80% increase compared to the second quarter of 2009.

Claude vice-president of mining operations Philip Ng said the Seabee operations and underground exploration work yielded positive results in Q3.

“Our ability to deliver higher tonnage and grade through our central mill facility is continuing into the fourth quarter,” Ng said.

Claude is sustaining its production guidance of 46,000 to 48,000oz this year. The Seabee project has been generating gold from the Santoy 7 satellite deposit, the Seabee Deep, and from a bulk sampling programme at Porky West.