Claude Resources (ASE), Saskatchewan’s largest gold producer, is beginning underground diamond drilling at its Seabee gold mine, on the property surrounding it and on a newly acquired property in Manitoba.
Development drilling at the Seabee mine in northeastern Saskatchewan is designed to prove the continuity of ore in Zone 2, below the 425-metre level.
Proven and probable reserves at Seabee are 445,000 tonnes grading 10-11 grams gold per tonne.
A second program will explore the property surrounding the mine, and will extend to the adjoining Currie Rose Resources (VSE) property, in which Claude can earn a 70% interest. This program is intended to boost the amount of ore in the Seabee’s proven and probable reserve categories. Reserves now stand at 1 million tons proven, probable and possible.
The third program will be on the Amisk Lake property near Flin Flon, Man., where 470,000 tons of 0.33 oz. gold per ton have been identified. Claude, which can earn up to a 70% interest in the project, is carrying out a 15-hole program to expand the size and scope of the project.
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