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Claude Clarifies Previously Released Q3 Cash Costs
Saskatoon, Saskatchewan, Canada - Claude Resources Inc. ('Claude' and or the 'Company') provides clarification on the Company's earnings release dated November 5, 2015, that total cash cost per ounce of gold sold (1) reported of $677 (U.S. $517) excluded production royalty costs. Total cash cost per ounce of gold sold, inclusive of royalty costs, was $721 (U.S. $551) for the third quarter of 2015.
Claude Resources Inc. is a public gold exploration and mining company based in Saskatoon, Saskatchewan, with an asset base located entirely in Canada. Its shares trade on the Toronto Stock Exchange (TSX: CRJ) and the OTCQB (OTCQB: CLGRF). Since 1991, Claude has produced over 1,000,000 ounces of gold from its Seabee Gold Operation in northeastern Saskatchewan. The Company also owns 100 percent of the Amisk Gold Project in northeastern Saskatchewan.
Footnotes
(1) See description and reconciliation of non-IFRS financial measures in the 'Non-IFRS Financial Measures and Reconciliations' section in the Company's Q3 2015 MD&A available on the Company's website at www.clauderesources.com or on www.sedar.com orwww.sec.gov
For further information please contact:
Rick Johnson, CFO
Phone: (306) 668-7505
or
Marc Lepage, Manager, Investor Relations
Phone: (306) 668-7501
Email:[email protected]
Website: www.clauderesources.com
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
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CODE : CRJ.TO |
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ISIN : CA1828731093 |
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Claude Resources is a gold producing company based in Canada. Claude Resources holds various exploration projects in Canada. Its main asset in production is SEABEE in Canada, its main asset in development is SANTOY 8 in Canada and its main exploration properties are PORKY LAKE, SANTOY 7 and AMISK LAKE GOLD in Canada. Claude Resources is listed in Canada and in United States of America. Its market capitalisation is 116.2 millions as of today (US$ 90.7 millions, € 79.9 millions). Its stock quote reached its highest recent level on November 22, 1996 at 3.10, and its lowest recent point on November 29, 2013 at 0.12. Claude Resources has 47 442 200 shares outstanding. |