Claude Resources Inc. Intercepts 39.8 Grams of Gold per Tonne Over 10.0 Metres True Width in newly Discovered L62 Zone at Seabee Gold Operation

SASKATOON, Aug. 17, 2011 /CNW/ --
Trading Symbols


TSX - CRJ  


NYSE Amex - CGR

Including 528.1 grams of gold per tonne over 0.7 metres true width

SASKATOON, Aug. 17, 2011 /CNW/ - Claude Resources Inc. (TSX-CRJ; NYSE
Amex-CGR) ('Claude' or the 'Company') today reported new exploration
results from its new hanging wall discovery at its 100 percent owned
and operated Seabee Gold Mine. Highlights from the programs include:

    --  8.81 grams of gold per tonne (cut) over 4.9 metres true width
        (U11-349);
    --  5.33 grams of gold per tonne (cut) over 4.8 metres true width
        (U11-350); and
    --  6.90 grams of gold per tonne (cut) over 10.0 metres true width
        (U11-629).

 ___________________________________________________________________
|        |  ZONE INTERSECTION |    MIDPOINT   |       |      |      |
|        |                    |   COORDINATES |  Au   |  Au  |      |
|        |____________________|_______________|GRADE  |GRADE |TRUE  |
| HOLE # |        |     |     |     |    |    | g/T   | g/T  |WIDTH |
|        | NAME   |FROM |  TO |NORTH|EAST|ELEV|(uncut)|(cut) | (m)  |
|        |(Target)|     |     |     |    |    |       |      |      |
|        |        |     |     |     |    |    |       |      |      |
|________|________|_____|_____|_____|____|____|_______|______|______|
|U11-348 |   L62  |216.3|219.5| 936 |1083|-493|  4.31 | 4.31 |  2.5 |
|________|________|_____|_____|_____|____|____|_______|______|______|
|U11-349 |   L62  |182.5|189.6| 951 |1055|-513|  8.81 | 8.81 |  4.9 |
|________|________|_____|_____|_____|____|____|_______|______|______|
|U11-350 |   L62  |172.8|178.4| 949 |1057|-559|  5.33 | 5.33 |  4.8 |
|________|________|_____|_____|_____|____|____|_______|______|______|
|U11-351 |   L62  |238.0|246.3| 913 |1111|-514|  0.09 | 0.09 |  4.6 |
|________|________|_____|_____|_____|____|____|_______|______|______|
|U11-352 |   L62  |230.7|237.7| 918 |1118|-549|  0.14 | 0.14 |  4.8 |
|________|________|_____|_____|_____|____|____|_______|______|______|
|U11-629 |   L62  |207.4|220.5| 942 |1057|-399| 39.75 | 6.90 | 10.0 |
|________|________|_____|_____|_____|____|____|_______|______|______|
|      including  |208.4|209.3|     |    |    |528.10 |50.00 |  0.7 |
|_________________|_____|_____|_____|____|____|_______|______|______|
|U11-630 |   L62  |204.4|209.0| 929 |1080|-403|  0.34 | 0.34 |  3.9 |
|________|________|_____|_____|_____|____|____|_______|______|______|
|U11-631 |   L62  |205.1|209.4| 928 |1082|-423|  0.46 | 0.46 |  4.2 |
|________|________|_____|_____|_____|____|____|_______|______|______|
|U11-632 |   L62  |208.2|214.0| 932 |1091|-476|  1.78 | 1.78 |  5.3 |
|________|________|_____|_____|_____|____|____|_______|______|______|
|U11-345*|   L62  |197.5|203.4| 937 |1086|-555|  6.13 | 6.13 |  4.8 |
|________|________|_____|_____|_____|____|____|_______|______|______|
|U11-347*|   L62  |200.9|204.9| 935 |1080|-538|  4.11 | 4.11 |  3.3 |
|________|________|_____|_____|_____|____|____|_______|______|______|

* Previously released

Speaking today in Saskatoon, Philip Ng, Senior Vice President, Mining
Operations stated that 'We have mobilized two underground drills on the
L62 Zone and are looking to add a third drill to explore and define the
L62 Zone and other near mine targets.  This series of intercepts with
above average true widths and economic gold grades are strong
indications that we have discovered a new gold-bearing structure.  As
the L62 zone is located approximately 300 metres from our underground
infrastructure on multiple levels, we will likely be in a position to
start mining the L62 in the first half of 2012 to expand our existing
production profile out of Seabee Mine.'

In 2011, Claude will drill approximately 86,500 metres at the Seabee
Gold Operation. Exploration targets include the Seabee Gold Mine, the
Santoy 8 Gold Mine, Santoy Gap, L62 and Neptune.

Please visit www.clauderesources.com for longitudinal and regional maps of the Seabee Gold Project.

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 950,000 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.

Samples were assayed by Claude Resources Inc.'s non-accredited assay lab
at the Seabee mine site. Duplicate check assays were conducted at site
as well as at TSL Laboratories in Saskatoon. Results of the spot checks
were consistent with those reported. Sampling interval was established
by minimum or maximum sampling lengths and geological and/or structural
criteria. Minimum sampling length was 0.3 metres while the maximum was
1.0 metre. 200 gram samples were pulverized until greater than 80
percent passes through 150 mesh screen. 30 gram pulp samples were then
analyzed for gold by fire assay with gravimetric finish (0.01 grams per
tonne detection limit). A top cut of 50 grams per tonne was used to
determine cut grades. Philip Ng, P.Eng, Vice President, Mining
Operations and Brian Skanderbeg, P.Geo., Vice President, Exploration,
Qualified Persons, have reviewed the contents of this news release for
accuracy.

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.

CAUTIONARY NOTE TO US INVESTORS CONCERNING RESOURCES ESTIMATES

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 US 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'.

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/August2011/17/c4280.html

Brian Skanderbeg P. Geo, Vice President, Exploration
Phone: (306) 668-7505
or
Philip Ng, P.Eng, Vice President, Mining Operations
Phone: (306) 668-7505

Email: ir@clauderesources.com
Website: www.clauderesources.com