RE: RE: RE: RE: News Release After re-reading the release, L62 was indicated to be incorporated into the production profile at Seabee sometime in the second half of 2012. If so, that too is excellent news in that overall grades mined should be enhanced along with overall ounces produced.
"The Company commenced underground development towards the L62 in October, two months earlier than originally planned, and looks forward to incorporating the L62 into Seabee's production profile in the second half of 2012."
In 2011 at the Seabee Gold Operation, Claude drilled 56,000 metres underground and an additional 44,500 metres from surface, making significant discoveries at the Santoy Gap and L62. An updated Seabee Resource and Technical report, inclusive of both the Santoy Gap and L62 is in progress and planned for release during the first quarter of 2012. Driven by the successes of the 2011 program, the Company plans to drill 130,000 metres at the Seabee Gold Operation, 70,000 metres regionally and 60,000 metres underground in 2012. The focus will be on expansion of the Santoy Gap, L62, Santoy 8 and Seabee deposits, as well as continued advancement of Neptune and other regional targets.
In addition to aggressive exploration efforts at the Seabee Project, Claude is conducting Phase II underground drilling at its 100 percent Madsen Property in Red Lake and continues to advance the Amisk Gold Project."