Mike Sylvestre joins Claude Resources' Board
SASKATOON, June 23, 2011 /CNW/ --
Trading Symbols
TSX - CRJ
NYSE Amex - CGR
SASKATOON, June 23, 2011 /CNW/ - Claude Resources Inc. (TSX-CRJ; NYSE Amex-CGR) ('Claude' and or the 'Company') is pleased to
announce that Mike Sylvestre has joined the Company's Board of
Directors.
Mr. Sylvestre is currently the President and Chief Operating Officer for
Castle Resources Inc. Castle Resources is an exploration and mine
development company based in Toronto, Ontario. Mr. Sylvestre holds an
MSc and a BSc in Mining Engineering from McGill University and Queen's
University, respectively. He is also a member of the Professional
Engineers of Ontario and the Canadian Institute of Mining.
For most of his career, Mr. Sylvestre worked at Inco Ltd. where he most
recently held senior management positions domestically and
internationally. Most notably, he was the CEO Vale Inco, New Caledonia,
President Vale Inco, Manitoba Operations and Vice President of
Operations PT Inco, Indonesia. Mr. Sylvestre brings over 35 years of
mining experience to Claude.
'We are pleased to have Mr. Sylvestre join our Board. With his technical
background and mining experience, we expect him to play a significant
role on our Board,' stated Ted Nieman, Chairman of the Board.
Claude Resources Inc. is a public company based in Saskatoon,
Saskatchewan, whose shares trade on the Toronto Stock Exchange
(TSX-CRJ) and the NYSE Amex (NYSE Amex-CGR). Claude is a gold
exploration and mining company with an asset base located entirely in
Canada. Since 1991, Claude has produced approximately 938,000 ounces of
gold from its Seabee mining operation in northeastern Saskatchewan. The
Company also owns 100 percent of the 10,000 acre Madsen property in the
prolific Red Lake gold camp of northwestern Ontario and has a 65
percent working interest in the Amisk Gold Project in northeastern
Saskatchewan.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This Press Release may contain 'forward-looking' statements regarding
the plans, intentions, beliefs and current expectations of the Company,
its directors, or its officers with respect to the future business
activities and operating performance of the Company. The words 'may',
'would', 'could', 'will', 'intend', 'plan', 'anticipate', 'believe',
'estimate', 'expect' and similar expressions, as they relate to the
Company, or its management, are intended to identify such
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future business
activities or performance and involve risks and uncertainties, and that
the Company's future business activities may differ materially from
those in the forward-looking statements as a result of various
factors. Such risks, uncertainties and factors are described in the
periodic filings with the Canadian securities regulatory authorities,
including the Company's Annual Information Form and quarterly and
annual Management's Discussion & Analysis, which may be viewed on SEDAR
at www.sedar.com. Should one or more of these risks or uncertainties materialize, or
should assumptions underlying the forward-looking statements prove
incorrect, actual results may vary materially from those described
herein as intended, planned, anticipated, believed, estimated or
expected. Although the Company has attempted to identify important
risks, uncertainties and factors which could cause actual results to
differ materially, there may be others that cause results not
anticipated, estimated or intended. The Company does not intend, and
does not assume any obligation, to update these forward-looking
statements.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/June2011/23/c8937.html
Neil McMillan, President & CEO
Phone: (306) 668-7505
or
Marc Lepage, Manager, Investor Relations
Phone: (306) 668-7501
Email: ir@clauderesources.com
Website: www.clauderesources.com