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Last updated on April 16, 2014 at 21:24 EDT

Claude Resources Inc. Appoints New Senior Vice President and Chief Operating Officer

August 23, 2012

SASKATOON, Aug. 23, 2012 /PRNewswire/ – Claude Resources Inc. (TSX-CRJ) (NYSE MKT-CGR) (“Claude” and or the “Company”) is pleased to
announce that Mr. Brian Skanderbeg will be appointed to Senior Vice
President and Chief Operating Officer effective September 1, 2012.

Mr. Skanderbeg joined Claude as Exploration Manager in 2007 and was
appointed to his current position as Vice President of Exploration in
2008. He previously worked for Goldcorp, INCO and Helio Resources,
holding positions in both exploration and operations. He holds a B.Sc.
from the University of Manitoba and an M.Sc. from Rhodes University,
South Africa.

In his new role, in addition to oversight of the Company’s exploration
programs, Mr. Skanderbeg will have overall responsibility of all
aspects of the Seabee Gold Operation, including the mining, milling,
health, safety and the environment.

“I am very pleased to appoint Brian as Senior Vice President and Chief
Operating Officer,” stated Neil McMillan, President and CEO. “He brings
extensive exploration and operational experience to his new position
with Claude including an exceptional track record of discovering gold
at the Seabee Gold Operation. I am confident that Brian, together with
Vice President of Operations Peter Longo, will successfully increase
production at the Seabee Gold Operation and deliver outstanding
stakeholder value in the years to come.”

Claude Resources Inc. is a public company based in Saskatoon,
Saskatchewan, whose shares trade on the Toronto Stock Exchange
(TSX-CRJ) and the NYSE MKT (NYSE MKT-CGR). Claude is a gold exploration
and mining company with an asset base located entirely in Canada. Since
1991, Claude has produced over 995,000 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 owns 100 percent of 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.

SOURCE CLAUDE RESOURCES INC.


Source: PR Newswire