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Gold/Mining/Energy : Claude Resources TSE.CRJ Undervalued Junior Gold Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: Enigma who wrote (124)1/10/1999 6:32:00 PM
From: Gord Bolton  Read Replies (1) | Respond to of 359
 
You can bet that they know about it. They have been increasing their stake in Claude. They hold %10.
Here is one you might want to click on regarding the SeaBee.
They will be doing a little more drilling there this winter.
This one is all bought and paid for several times over.
newswire.ca
Incidently, I am told that the National Post had a short article in Saturday's edition. CIBC recommends STRONG BUY



To: Enigma who wrote (124)1/10/1999 6:52:00 PM
From: Gord Bolton  Respond to of 359
 
There is some info here on the Seabee as well as Amisk property.
The Amisk/Laural Lake and the old Vista Property may be online this year.
lights.com
Info on Currie Rose Property and map on same site. Nice Grades.
currierose.com



To: Enigma who wrote (124)1/10/1999 7:19:00 PM
From: Gord Bolton  Read Replies (2) | Respond to of 359
 
Dated, yet timely.

P.O. Box 1134 Telephone: 905-688-9115

80 King Street Facsimile: 905-688-5615

St. Catharines, Ontario Email: crose@niagara.com

L2R 7A3

NEWS RELEASE

TRADING SYMBOL: CUI.V May 12, 1998

Harold Smith, President is pleased to announce the company has been informed by Claude Resources that processing of Currie
Rose Resources ore will begin in January of 1999.

Claude Resources is presently drifting on the 2C structure at the 110 meter level, 190 meter level and 290 meter level on the
Currie Rose Resources side of the boundary zone. Over the next few months they will continue with the underground
development in preparation for mining the ore.

The 2C structure extends onto the Currie Rose Resources property from where Claude Resources is presently mining. As
previously reported, hole S594, drilled last year on the boundary zone, was 0.699 oz Au/ton over a true width of 43.9 feet.
The 2C structure is open at strike and depth.


Currie Rose Resources has a 30% Net Profit Interest. Once Currie Rose Resources receives one million dollars in any year, Net Profit Interest is then 25% for the balance of that year.

Over the past year, Claude Resources has installed a shaft and hoist and increased the mill capacity to 700 tonnes per day.
Claude Resources is now producing at a cash cost of $208.00 oz (US).

ON BEHALF OF THE BOARD OF DIRECTORS

CURRIE ROSE RESOURCES INC.

Harold Smith, President

The Vancouver Stock exchange has neither approved nor disapproved the contents of this news release.