1. Seabee Gold Property
Continued Resource Growth in Saskatchewan
Presented by:
Anders Carlson
Exploration Manager
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2. Cautionary Statement
Cautionary Note Regarding Forward-Looking Information
This document contains certain forward-looking statements relating but not limited to the Company’s expectations, intentions, plans and
beliefs. Forward-looking information can often be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”,
“plan”, “intent”, “estimate”, “may” and “will” or similar words suggesting future outcomes or other expectations, beliefs, plans,
objectives, assumptions, intentions or statements about future events or performance. Forward-looking information may include reser ve
and resource estimates, estimates of future production, unit costs, costs of capital projects and timing of commencement of operations,
and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to
differ materially from any forward-looking statement include, but are not limited to, failure to establish estimated resources and reser ves,
the grade and recover y of mined ore varying from estimates, capital and operating costs var ying significantly from estimates, delays in
obtaining or failures to obtain required governmental, environmental or other project approvals, inflation, changes in exchange rates,
fluctuations in commodity prices, delays in the development of projects and other factors. Forward-looking statements are subject to
risks, uncertainties and other factors that could cause actual results to differ materially from expected results.
Potential shareholders and prospective investors should be aware that these statements are subject to know n and unknown risks,
uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking
statements. Shareholders are cautioned not to place undue reliance on forward-looking information. By its nature, forward-looking
information involves numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility
that the predictions, forecasts, projections and various future events will not occur. Claude Resources undertakes no obligation to update
publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors
which affect this information, except as required by law.
Cautionary note to U.S. investors concerning resource estimate
The resource estimates in this document were prepared in accordance with National Instr ument 43-101, adopted by the Canadian
Securities Administrators. The requirements of National Instr ument 43-101 differ significantly from the requirements of the United States
Securities and Exchange Commission (the “SEC”). In this document, we use the terms “measured”, “indicated” and “inferred” resources.
Although these terms are recognized and required in Canada, the SEC does not recognize them. The SEC permits U.S. mining
companies, in their filings with the SEC, to disclose only those mineral deposits that constitute “reserves”. Under United States
standards, mineralization may not be classified as a reserve unless the determination has been made that the mineralization could be
economically and legally extracted at the time the determination is made. United States investors should not assume that all or any
portion of a measured or indicated resource will ever be conver ted into “reserves”. Fur ther, “inferred resources” have a great amount of
uncertainty as to their existence and w hether they can be mined economically or legally, and United States investors should not assume
that “inferred resources” exist or can be legally or economically mined, or that they will ever be upgraded to a higher category.
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3. AMISK PROJECT
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4. Highlights - 2012
 1 Millionth ounce of gold poured at Seabee
 First production from L62 orebody in Q4 2012
 Proven and Probable: 70,400 Oz @ 7.62 g/t
 Inferred resource: 40,300 Oz @ 7.57 g/t
 Initial and revised resource estimates for Santoy Gap orebody
(March and December)
– Initial Inferred resource of 495,000 oz @ 6 .63 g/t Au
– Revised resource:
• Inferred resource of 357,000 oz @ 5.92 g/t
• Indicated resource of 281,000 oz @ 8.80 g/t
 236% increase of Inferred resource base at Seabee from 2011
 Initiation of exploration ramp to the Santoy Gap orebody from Santoy 8
mine
 New senior management – VP Operations, COO and department
managers
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5. Seabee Property
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6. Seabee Mine – Long Section
Shaft Extension
Q1 2013 completion
L62 MRMR
P & P Reserve – 70,400 Oz @ 7.62 g/t Seabee Total MRMR
Inf Resource – 40,300 Oz @ 7.57 g/t P & P Reserve – 224,900 Oz @ 6.58 g/t
Resource – 178,800 Oz @ 6.83 g/t
• L62 deposit discovery 200 m
from infrastructure
• Open up-dip to surface
• Currently developed on 3 levels
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7. 2012 Exploration Review
 Property-wide prospecting and local structural mapping of juvenile targets
 1:2000 scale mapping of Santoy Regional Shear Zone
 Inaugural field season for the Santoy MSc project (surface and underground
mapping)
 40,837 metres of surface drilling:
 5,669 m at Neptune
 35,168 m at Santoy Gap and along the
 Santoy Regional Shear Zone
 Historical drillhole data compilation
 (includes pre-Claude activity at Seabee)
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8. Mapping and Prospecting
 400 field stations
 200 grab/trench
samples
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9. Santoy Mapping and
MSc Project
 Brian McEwan – 1:2000 scale
geologic mapping with focus on
structure
 Collaboration with Dr. Bethune
and U of Regina; local and
regional structural controls of gold
mineralization at Santoy
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10. Diamond Drilling - 2012
2012 Drilling: 40,837 m
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11. Santoy Gap Resource
 29% increase in resource
 4% increase in overall grade
 Ability to convert additional
ounces to an indicated
resource with minimal drilling
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12. Long-Section – Santoy
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13. Santoy Gap Resource
2011 Inferred Resource:
495 Koz @ 6.63 g/t
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14. Santoy Gap Deposit
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15. Exploration Program - 2013
 10-15K metres of drilling,
80% resource-based
 60k metres of UG drilling
 Historical compilation and
evaluation of over 2,500
drillholes
 Continued prospecting
and structural geology
mapping
 Santoy MSc project,
Chase Wood
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16. Santoy Gap Drilling:
Expansion and Infill
Santoy 8A plunge
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17. Seabee Near-Mine Drilling
 L-62 proves it’s possible
to make discoveries
within reach of U/G
development
 Under-explored near
mine environment
 Greater understanding of
historical drilling along
Seabee-parallel
structures
 Re-assessment of
historical drilling given
revised structural
interpretations
 Differing vein geometry
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18. Seabee Mine – Long Section
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20. Summary
 Commitment to near-mine exploration
where recent results continue to improve
Seabee’s gold endowment
Seabee Resource Base
 Production of 1 M oz, largely from 1,800,000
Seabee mine
1,600,000
 Santoy resource in excess of 900,000 oz 1,400,000
 Indicated Gap resource shows potential 1,200,000
for high-grade, lower-cost mining at 1,000,000
Seabee
800,000 Ounces
 Result of which will be incremental gold
600,000
production of 10-15% compounded
annually over next 5 years 400,000
200,000
0
2008 2009 2010 2011 2012
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21. Claude Resources Inc.
Experience. Stability. Potential.
Creating the Capacity to
Discover. Develop. Deliver.
TSX: CRJ NYSE MKT: CGR
200, 224 - 4th Avenue South
Saskatoon, Saskatchewan, S7K 5M5
Canada
P. 306.668.7505
F. 306.668.7500
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