THE GLOBAL SEARCH FOR GOLD SPECIAL — Claude explores Santoy property in Saskatchewan

An exploration program is planned for this season at the Santoy Lake gold property in Saskatchewan.

The program will be carried out by Claude Resources (CRJ-T), which recently amended its joint-venture agreement with Santoy Resources (SAN-A). Under the new terms, Claude will be able to increase its working interest in the property to 70% from 50% by spending $300,000 on exploration by January 1998.

The property is 5 miles from Claude’s producing Seabee gold mine at Laonil Lake. Prospecting and trenching to date have identified eight gold zones in mineralized shear systems over a strike length of 7 km.

Drilling on four of these zones has encountered gold mineralization ranging from 2 to 25 grams gold per tonne, with widths of up to 3 metres.

A new gold-bearing quartz-sulphide shear zone with values of up to 13 grams was recently discovered, and Claude says this shear is a high-priority exploration target.

This year’s work will include compilation and mapping near known showings to determine locations for a substantial drill program.

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