Wednesday 26th October 2016

Resource Clips

Posts tagged ‘St Eugene Mining Corp Ltd (SEM)’

Claude, St Eugene report Sask Results of 6.24 g/t Gold, 23.5 g/t Silver over 12m

January 6th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningClaude Resources Inc TSX:CRJ in joint venture with St Eugene Mining Corp Ltd TSXV:SEM announced assays from their Amisk Gold Project in northeast Saskatchewan. Highlights include

6.24 g/t gold and 23.5 g/t silver over 12 metres
(including 62 g/t gold and 224 g/t silver over 1.2 metres)
0.6 g/t gold and 4 g/t silver over 71.7 metres
(including 1.64 g/t gold and 11.8 g/t silver over 14 metres)
1.95 g/t gold and 14.9 g/t silver over 19 metres
(including 7.38 g/t gold and 57.7 g/t silver over 3 metres)
1.28 g/t gold and 8.5 g/t silver over 21 metres
0.98 g/t gold and 7.1 g/t silver over 32 metres
(including 8.95 g/t gold and 39.7 g/t silver over 1 metre)
1.37 g/t gold and 5.7 g/t silver over 16.5 metres
(including 5.28 g/t gold and 22.4 g/t silver over 3 metres)

Claude currently holds a 65% interest in Amisk and acts as project operator. As of December 31, 2011, Claude held an approximate 9.7% interest in St. Eugene. Claude and St Eugene have entered into a definitive agreement in which Claude will acquire St Eugene’s remaining shares. On approval by St Eugene shareholders, the transaction is expected to close by January 24, 2012.

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Claude Resources Inc
Brian Skanderbeg
VP of Exploration
or Marc Lepage
IR Manager

St Eugene Mining Corp Ltd
Jennifer Boyle

by Greg Klein

Claude, St Eugene report Sask Gold Assays of 1.23 g/t over 166m

January 19th, 2011

Claude Resources Inc CRJ:CA in joint venture with St Eugene Mining Corp Ltd SEM:CA announced assays from the Amisk Gold Project in northeastern Saskatchewan. Highlights include 0.84 g/t gold over 54 metres, 0.84 g/t over 105 metres, 1.09 g/t over 17.4 metres, 0.86 g/t over 116.4 metres (including 1.11 g/t over 60.8 metres), 0.97 g/t over 39.9 metres and 1.23 g/t over 166 metres (including 3.89 g/t over 33 metres). Claude holds a 65% interest in the property and is the project operator.

Claude Resources VP Exploration Brian Skanderbeg commented, “These latest drill results continue to demonstrate the bulk mining potential of the system as well as the presence of significant gold and silver mineralization in newly tested extensions. Of particular note are the extensions of the system to the north, southwest and down-dip, which indicate potential for further expansion of the Amisk Gold Deposit.”

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Claude Resources Inc
Neil McMillan

or Brian Skanderbeg
VP Exploration

by Ted Niles