April 26,
2005

More Gold Discovered at Claude’s Santoy Lake Property

 Claude Resources Inc. is pleased to report the results of the 2005 winter exploration drill program on the Company’s wholly owned Santoy Lake property, located 11.5 kilometres (km) east of Claude’s Seabee mine in northern Saskatchewan. The 2005 winter drill program was a follow up to the successful 2004 program. Drilling tested a 4 km long, northwest trending and northeast dipping set of gold enriched silicified structures cutting through a sequence of volcanic and sedimentary rocks. Significant mineralization was found in a wide shear zone. Hole J155 averaged 5.67 grams per tonne (g/t) over 23.2 metres (3.50 g/t with a cut factor of 30 g/t) and hole J129 encountered a zone grading 6.91 g/t (3.86 g/t cut) over 16.3 metres. Significant intersections are included in Table 1. Table 2 is a list of drill hole coordinates and Table 3 is a list of samples grading better than 1 g/t.

Table 1
Significant Sections, Winter 2004-2005 Drill Programs on Santoy Zones 8 and 8E

Zone

Hole #

From (m)

to (m)

Core length

Au (g/t)

Comments

8E

J125

64.70

68.35

3.65

7.16

 

8E

J129

90.70

93.73

3.03

35.00

(uncut)

8E

J129

90.70

93.73

3.03

18.60

(cut to 30g/t)

8E

J130

104.50

105.85

1.35

16.00

 

8E

J130

108.48

114.20

5.72

3.78

 

8E

J130

149.76

151.75

1.99

3.76

 

8E

J132

148.20

150.60

2.40

9.18

 

8E

J132

179.90

182.70

2.80

5.26

 

8E

J132

196.61

198.17

1.56

6.95

 

8E

J136

159.30

162.40

3.10

3.61

 

8E

J138

141.88

145.85

3.97

4.85

 

8

J112

61.72

64.06

2.34

12.40

 

8

J113

22.05

23.50

1.45

2.16

 

8

J115

73.44

74.35

0.91

7.73

 

8

J119

69.00

74.30

5.30

8.22

 

8

J120

52.30

54.10

1.80

9.37

 

8

J121

62.80

67.25

4.45

10.90

(uncut)

8

J121

62.80

67.25

4.45

9.58

(cut to 30 g/t)

8

J143

138.90

140.15

1.25

14.90

 

8

J145

142.40

144.90

1.30

5.03

 

8

J146

198.30

200.40

2.10

9.13

 

8

J146

232.25

236.30

4.05

4.50

 

8

J155

131.07

136.90

3.20

17.10

(uncut)

8

J155

131.07

136.90

3.20

8.50

(cut to 30 g/t)

8

J155

150.65

154.25

3.60

7.51

 

Table 2
Collar Information of 2004-2005 Drill Programs on Santoy Zones 8 and 8E
Zone Hole Collar UTM Depth(m) Dip Azimuth Completed
Easting Northing
8 J68
599322
6169947
157.6
-55
230
2004
8 J69
599241
6170052
142.3
-55
230
2004
8 J70
599462
6169894
178.9
-55
230
2004
8 J71
599534
6169868
154.5
-55
230
2004
8 J72
599355
6170107
203.3
-55
230
2004
8 J112
599276
6170024
105.8
-55
240
2004
8 J113
599517
6169750
66.1
-55
210
2004
8 J114
599544
6169796
118
-55
210
2004
8 J115
599544
6169796
130.1
-80
210
2004
8 J116
599462
6169796
63.1
-45
210
2004
8 J117
599462
6169796
118
-80
210
2004
8 J118
599576
6169752
127.1
-80
215
2004
8 J119
599636
6169724
139.3
-80
225
2004
8 J120
599659
6169677
96.6
-55
225
2004
8 J121
599709
6169651
121
-55
240
2004
8 J122
599740
6169555
121
-55
250
2004
8 J123
599784
6169468
142.3
-55
250
2004
8 J124
599830
6169372
152.7
-55
250
2004
8E J125
600073
6169185
131.25
-55
250
2004
8E J128
600104
6169144
145.4
-55
250
2005
8E J129
600065
6169240
148.4
-55
250
2005
8E J130
600065
6169240
221.6
-77
250
2005
8E J131
600052
6169290
230.7
-55
250
2005
8E J132
600052
6169290
233.8
-77
250
2005
8E J133
600035
6169339
215.5
-55
250
2005
8E J134
600035
6169339
230.7
-77
250
2005
8E J135
600125
6169088
178.9
-50
250
2005
8E J136
600118
6169211
230.7
-75
250
2005
8E J137
600054
6169389
322.2
-80
260
2005
8E J138
600128
6169312
282.5
-75
250
2005
8E J139
600130
6169262
252.1
-75
250
2005
8E J140
600167
6169230
303.9
-75
250
2005
8E J141
600190
6169177
300.8
-65
250
2005
8 J142
599605
6169832
206.3
-80
230
2005
8 J143
599658
6169777
209.4
-80
240
2005
8 J144
599704
6169725
172.8
-75
230
2005
8 J145
599767
6169692
206.3
-55
230
2005
8 J146
599854
6169551
294.7
-73
250
2005
8 J151
599861
6169275
139.3
-58
250
2005
8 J152
599900
6169180
160.63
-55
250
2005
8 J153
599840
6169440
180.75
-50
250
2005
8 J154
599793
6169522
191.1
-55
250
2005
8 J155
599793
6169522
206.3
-73
250
2005
8 J156
599747
6169615
151.5
-55
250
2005
8 J157
599747
6169615
182
-80
250
2005
Table 3
Drill Hole Assay Data
Assay Highlights of 2004-2005 Drill Programs on Santoy Zones 8 and 8E
Zone Hole # From (m) To (m) Length (m) Au (g/t)
8 J68
93.30
93.60
0.30
3.10
8 J70
24.90
25.75
0.85
1.13
8 J72
97.70
98.65
0.95
1.20
163.70
164.35
0.65
4.32
8 J112
61.72
62.46
0.74
15.60
62.46
63.25
0.79
6.80
63.25
63.71
0.46
24.64
63.71
64.06
0.35
2.30
"61.72 - 64.06, 12.4 g/t over 2.34m"
64.06
64.70
0.64
1.51
8 J113
22.05
23.10
1.05
2.30
23.10
23.50
0.40
1.78
"22.05 - 23.5, 2.16 g/t over 1.45m"
39.00
39.55
0.55
1.58
8 J114
89.70
90.00
0.30
10.45
8 J115
73.44
74.11
0.67
5.02
74.11
74.35
0.24
15.30
"73.44 - 74.35, 7.73 g/t over 0.91m"
8 J119
67.65
68.25
0.60
2.06
69.00
70.10
1.10
25.89
70.10
71.75
1.65
3.55
71.75
72.40
0.65
4.53
72.40
73.20
0.80
2.85
73.20
74.30
1.10
3.62
"69.00 - 74.30, 8.22 g/t over 5.30m"
75.70
77.20
1.50
1.54
102.75
104.25
1.50
4.06
8 J120
52.30
53.35
1.05
14.59
53.65
54.10
0.45
3.43
"52.30 - 54.10, 9.37 g/t over 1.80m"
8 J121
62.80
63.10
0.30
12.71
63.10
63.70
0.60
39.67
63.70
64.60
0.90
5.66
64.60
65.50
0.90
15.10
65.50
66.40
0.90
1.23
"62.80 - 67.25, 10.9 g/t over 4.45m (uncut)"
66.40
67.25
0.85
1.23
"62.80 - 67.25, 9.58 g/t over 4.45m (cut to 30 g/t)"
88.15
89.60
1.45
3.16
91.65
92.10
0.45
9.36
92.10
92.65
0.55
1.20
8 J122
71.35
72.90
1.55
4.75
8 J123
45.45
46.37
0.92
3.13
66.10
66.68
0.58
1.27
76.35
77.35
1.00
1.70
89.65
90.15
0.50
1.00
90.15
90.85
0.70
1.60
96.35
97.10
0.75
2.60
8E J125
47.15
47.70
0.55
2.70
59.75
60.75
1.00
2.17
64.70
65.60
0.90
5.85
65.60
66.60
1.00
7.15
66.60
67.00
0.40
10.16
67.00
67.80
0.80
10.38
67.80
68.35
0.55
2.47
"64.70 - 68.35, 7.16 g/t over 3.65m"
72.90
73.50
0.60
4.30
75.45
76.70
1.25
1.47
8E J129
90.70
91.35
0.65
2.37
91.35
92.10
0.75
16.57
92.10
92.88
0.78
93.63
"90.70 - 93.73, 35.0 g/t over 3.03m (uncut)"
92.88
93.73
0.85
22.37
"90.70 - 93.73, 18.6 g/t over 3.03m (cut to 30g/t)"
104.75
105.95
1.20
1.03
105.95
106.98
1.03
5.03
8E J130
104.50
105.05
0.55
17.20
105.05
105.85
0.80
15.13
"104.50 - 105.85, 16.0 g/t over 1.35m"
105.85
106.75
0.90
1.00
106.75
107.63
0.88
1.13
108.48
109.43
0.95
2.03
109.43
110.40
0.97
5.27
110.40
111.25
0.85
1.87
111.25
111.80
0.55
3.87
111.80
112.45
0.65
7.87
112.45
113.25
0.80
4.07
113.25
114.20
0.95
2.63
"108.48 - 114.20, 3.78 g/t over 5.72m"
114.82
115.32
0.50
2.97
117.60
118.40
0.80
2.03
119.05
119.83
0.78
1.57
119.83
121.05
1.22
1.03
149.76
150.80
1.04
5.00
150.80
151.75
0.95
2.40
"149.76 - 151.75, 3.76 g/t over 1.99m"
151.75
152.85
1.10
1.33
159.40
160.05
0.65
7.40
167.82
168.74
0.92
1.80
168.74
169.54
0.80
1.47
182.72
183.37
0.65
1.97
187.20
187.95
0.75
4.03
8E J131
32.00
32.60
0.60
1.00
113.40
114.05
0.65
3.10
114.05
114.65
0.60
1.57
116.35
117.13
0.78
9.93
120.00
120.78
0.78
1.53
8E J132
146.00
146.90
0.90
1.20
146.90
147.58
0.68
1.27
148.20
148.95
0.75
13.20
148.95
149.75
0.80
11.33
149.75
150.60
0.85
3.60
"148.20 - 150.60, 9.18 g/t over 2.40m"
167.65
168.60
0.95
1.10
179.90
181.15
1.25
10.20
181.90
182.70
0.80
2.47
"179.9 - 182.70, 5.26 g/t over 2.80m"
184.25
185.05
0.80
3.63
195.08
195.78
0.70
1.37
196.61
197.45
0.84
2.30
197.45
198.17
0.72
12.37
"196.61 - 198.17, 6.95 g/t over 1.56m"
8E J133
96.70
97.01
0.31
7.17
102.40
103.37
0.97
1.03
106.62
107.40
0.78
1.93
108.15
108.80
0.65
2.50
113.43
114.18
0.75
16.30
8E J134
168.85
169.30
0.45
1.50
200.80
201.65
0.85
3.10
8E J136
133.80
134.40
0.60
3.43
137.85
138.50
0.65
1.60
138.50
139.30
0.80
2.47
159.30
160.05
0.75
2.10
160.05
160.75
0.70
6.00
161.60
162.40
0.80
6.77
"159.30 - 162.40, 3.61 g/t over 3.10 m"
8E J137
81.87
83.00
1.13
2.20
8E J138
141.02
141.88
0.86
1.43
141.88
142.46
0.58
2.00
142.46
143.45
0.99
13.00
143.45
144.63
1.18
1.33
144.63
145.85
1.22
3.00
"141.88 - 145.85, 4.85 g/t over 3.97m"
8 J142
131.45
132.05
0.60
2.53
189.25
190.20
0.95
1.13
191.10
191.85
0.75
3.47
8 J143
83.60
84.10
0.50
10.43
138.90
139.45
0.55
23.12
139.45
140.15
0.70
8.47
"138.90 - 140.15, 14.9 g/t over 1.25m"
140.85
141.55
0.70
1.87
142.20
142.85
0.65
2.47
142.85
143.45
0.60
6.80
143.45
144.00
0.55
1.10
8 J144
148.20
149.20
1.00
3.17
149.75
150.60
0.85
1.53
151.25
151.75
0.50
3.80
8 J145
142.40
143.00
0.60
7.43
143.60
144.30
0.70
1.07
144.30
144.90
0.60
2.23
"142.40 - 144.90, 5.03 g/t over 1.30m"
144.90
146.40
1.50
1.10
174.00
174.95
0.95
3.50
8 J146
131.70
132.15
0.45
3.39
190.15
190.85
0.70
2.13
198.30
199.40