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Seabee Gold Property Continued Resource Growth in Saskatchewan

Presented by: Anders Carlson Exploration Manager

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Cautionary Note Regarding Forward-Looking Information This document contains certain forward-looking statements relating but not limited to the Company’s expectations, intentions, plans and

beliefs. Forward-looking information can often be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intent”, “estimate”, “may” and “will” or similar words suggesting future outcomes or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information may include reserve and resource estimates, estimates of future production, unit costs, costs of capital projects and timing of commencement of operations, and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to establish estimated resources and reserves, the grade and recovery of mined ore varying from estimates, capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and other factors. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results.

Potential shareholders and prospective investors should be aware that these statements are subject to known and unknown risks,

uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Shareholders are cautioned not to place undue reliance on forward-looking information. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. Claude Resources undertakes no obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

Cautionary note to U.S. investors concerning resource estimate The resource estimates in this document were prepared in accordance with National Instrument 43-101, adopted by the Canadian

Securities Administrators. The requirements of National Instrument 43-101 differ significantly from the requirements of the United States Securities and Exchange Commission (the “SEC”). In this document, we use the terms “measured”, “indicated” and “inferred” resources. Although these terms are recognized and required in Canada, the SEC does not recognize them. The SEC permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that constitute “reserves”. Under United States standards, mineralization may not be classified as a reserve unless the determination has been made that the mineralization could be economically and legally extracted at the time the determination is made. United States investors should not assume that all or any portion of a measured or indicated resource will ever be converted into “reserves”. Further, “inferred resources” have a great amount of uncertainty as to their existence and whether they can be mined economically or legally, and United States investors should not assume that “inferred resources” exist or can be legally or economically mined, or that they will ever be upgraded to a higher category.

Cautionary Statement

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AMISK PROJECT

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1 Millionth ounce of gold poured at Seabee

First production from L62 orebody in Q4 2012 Proven and Probable: 70,400 Oz @ 7.62 g/t Inferred resource: 40,300 Oz @ 7.57 g/t

Initial and revised resource estimates for Santoy Gap orebody

(March and December) – Initial Inferred resource of 495,000 oz @ 6 .63 g/t Au – Revised resource:

• Inferred resource of 357,000 oz @ 5.92 g/t • Indicated resource of 281,000 oz @ 8.80 g/t

236% increase of Inferred resource base at Seabee from 2011

Initiation of exploration ramp to the Santoy Gap orebody from Santoy 8 mine

New senior management – VP Operations, COO and department managers

Highlights - 2012

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Seabee Property

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Seabee Mine – Long Section

Shaft Extension Q1 2013 completion

• L62 deposit discovery 200 m

from infrastructure

• Open up-dip to surface

• Currently developed on 3 levels

Seabee Total MRMR P & P Reserve – 224,900 Oz @ 6.58 g/t

Resource – 178,800 Oz @ 6.83 g/t

L62 MRMR P & P Reserve – 70,400 Oz @ 7.62 g/t Inf Resource – 40,300 Oz @ 7.57 g/t

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Property-wide prospecting and local structural mapping of juvenile targets

1:2000 scale mapping of Santoy Regional Shear Zone

Inaugural field season for the Santoy MSc project (surface and underground mapping)

40,837 metres of surface drilling: 5,669 m at Neptune

35,168 m at Santoy Gap and along the

Santoy Regional Shear Zone

Historical drillhole data compilation (includes pre-Claude activity at Seabee)

2012 Exploration Review

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Mapping and Prospecting

400 field stations

200 grab/trench samples

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Santoy Mapping and MSc Project

Brian McEwan – 1:2000 scale geologic mapping with focus on structure

Collaboration with Dr. Bethune

and U of Regina; local and regional structural controls of gold mineralization at Santoy

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Diamond Drilling - 2012

2012 Drilling: 40,837 m

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Santoy Gap Resource

29% increase in resource 4% increase in overall grade

Ability to convert additional

ounces to an indicated resource with minimal drilling

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Long-Section – Santoy

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Santoy Gap Resource

2011 Inferred Resource: 495 Koz @ 6.63 g/t

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Santoy Gap Deposit

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Exploration Program - 2013

10-15K metres of drilling, 80% resource-based

60k metres of UG drilling

Historical compilation and evaluation of over 2,500 drillholes

Continued prospecting and structural geology mapping

Santoy MSc project, Chase Wood

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Santoy Gap Drilling: Expansion and Infill

Santoy 8A plunge Santoy 8A plunge

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Seabee Near-Mine Drilling

L-62 proves it’s possible to make discoveries within reach of U/G development

Under-explored near mine environment

Greater understanding of

historical drilling along Seabee-parallel structures

Re-assessment of historical drilling given revised structural interpretations

Differing vein geometry

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Seabee Mine – Long Section

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Summary

Commitment to near-mine exploration where recent results continue to improve Seabee’s gold endowment

Production of 1 M oz, largely from Seabee mine

Santoy resource in excess of 900,000 oz

Indicated Gap resource shows potential for high-grade, lower-cost mining at Seabee

Result of which will be incremental gold production of 10-15% compounded annually over next 5 years

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200,000

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2008 2009 2010 2011 2012

Seabee Resource Base

Ounces

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Claude Resources Inc. Experience. Stability. Potential.

Creating the Capacity to

Discover. Develop. Deliver.

TSX: CRJ NYSE MKT: CGR

200, 224 - 4th Avenue South Saskatoon, Saskatchewan, S7K 5M5 Canada P. 306.668.7505 F. 306.668.7500