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Strategies & Market Trends : Dino's Bar & Grill

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To: Andrew~ who wrote (13575)7/13/2015 1:05:46 PM
From: Andrew~Read Replies (1) of 203382
 
CRJ-T Claude Resources Inc. Announces Precautionary Suspension of Mining Operations Due to Forest Fire, Mill Production Unaffected


SASKATOON, July 13, 2015 /CNW/ - Claude Resources Inc. ("Claude" and or the "Company") reported that as a result of the proximity of a forest fire, it is temporarily suspending underground mining operations at the Seabee Gold Operation in northern Saskatchewan. The Company is taking steps to remove non-essential personnel from the site. The temporary suspension is due to the risk of high winds potentially bringing heavy smoke and ash from a forest fire located approximately 8 kilometres south of the Seabee Gold Mine.

Production from the mill has not been affected and the facility will continue to operate. The Company currently has a stockpile of approximately 10,000 tonnes of ore available on surface, representing 12 days of production. At this time, the Company expects to meet its production guidance for the year.

Brian Skanderbeg, President and CEO commented, "Our number one priority is the safety and well being of our employees. As a precautionary measure, we have moved non-essential personnel and have temporarily suspended underground mining operations. Additionally, we have measures in place to protect the health and safety of our employees and facilities. The Company will continue to monitor the situation and once the risk has been mitigated, we will resume operations. An update on the operation will be provided once more information becomes available."

Claude Resources Inc. is a publicly traded gold exploration and mining company based in Saskatoon, Saskatchewan, whose shares trade on the Toronto Stock Exchange (TSX: CRJ) and the OTCQB (OTCQB: CLGRF). Its asset base is located entirely in Canada and since 1991, Claude has produced over 1,000,000 ounces of gold from its Seabee Gold Operation in northeastern Saskatchewan. The Company also owns 100 percent of the Amisk Gold Project in northeastern Saskatchewan.

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