GOLD PRICES. GOLD STOCKS. GOLD NEWS.

$1378.54
+3.45     (+0.25%)
May 22, 2013 11:49:56 AM EST
Silver Price:
$22.66 +0.22 (+1%)
Don't miss the next big mover

  • Home
  • Gold Stocks
  • Gold Charts
  • Gold Price
  • ETFs
  • Silver
  • Partners
  • Predictions
  • Archive
  • Gold Stock Upgrades and Downgrades
  • Gold Price Forecast
  • Gold Trends
  • Gold Answers
  • Gold Events

Photo Gallery

  • PG Premier Gold Mines (PG) expands management team
  • FVInew_290 Fortuna Silver Mines (FVI) expands presence in Mexico
  • AZK Aurizon Mines’ (AZK) Board unanimously recommends rejecting Alamos offer
  • CGR Claude Resources (CGR) expands gold resources and grade at Santoy Gap
  • MGN Mines Management (MGN) reports “significant progress” in third quarter
  • crocodile_290x250 Crocodile Gold (CRK) reports 35% production growth
Claude Resources Hits More High-Grade at Santoy Gap
Tuesday, November 27, 2012 12:05 pm EST
Tweet

at Santoy Gap

Claude Resources (CRJ.TSX, AMEX: CGR) released a summary of results from its recently completed 2012 drill program at the Santoy Gap, located within the Company’s 100%-owned, 14,400 hectare Seabee Gold Project.  The Canadian gold mining company announced that newly released results have extended the mineralized system down-dip to 650 meters depth and along strike to the south toward the Santoy 8 Mine.

Claude Resources also reported that the program has discovered a sub-parallel lens to the Santoy Gap, approximately 150 meters to the east. The latest drill intercepts continue to confirm the high prospectivity of the Santoy Regional Shear Zone, hosting multiple deposits over a three kilometer strike length.

Highlights:

* Hole JOY-12-686 intersected 8.16 grams per tonne (g/t) of gold over 5.93 meters

* Hole JOY-12-679 intersected 13.81 g/t of gold over 20.29 meters

* Hole JOY-12-677 intersected 14.58 g/t of gold over 29.74 meters

* Claude noted that holes -679 and -677 have outlined a significant high-grade core to the Santoy Gap deposit

Brian Skanderbeg, Senior Vice President and COO of Claude Resources:

“The 2012 drill program at Santoy Gap has yielded a new hanging wall discovery as well as expanded and confirmed resource continuity…We look forward to integrating these results into an updated National Instrument 43-101 resource and the Seabee Life of Mine Plan.”

Neil McMillan, President and CEO of Claude Resources:

“The Seabee Gold Operation delivered positive earnings and higher grade ore from Seabee Deep and the L62 Zone.”

Leave a Reply

Click here to cancel reply.

Premier Gold Mines

Recent Posts

  • Gold Increases $6.50, But Can It Last?
  • 7 Day Losing Streak for Gold-Longest in 2 Yrs
  • Gold Inches to a All New Low
  • Gold Prices Continue to Fall
  • Mine Collapses in Indonesia, Killing 3
Croc Gold

UPCOMING CATALYSTS

November 2012
M T W T F S S
« Oct   Dec »
 1234
567891011
12131415161718
19202122232425
2627282930  
  • Gold Price
  • Gold Stocks
  • Silver
  • Gold ETFs
  • Gold Charts
  • Breaking News
  • Gold Sentiment
  • Market Movers
  • Commodities
  • Sponsor News
  • The Fed
  • Upcoming Catalysts
  • Currencies
  • Gold Predictions
  • Gold History
  • Media Slider
  • Platinum
  • Sponsored Post
  • Disclaimer
  • Archive
  • Contact Us
  • Gold Answers
  • RSS
Log in