Claude Resources Inc. is a gold producer with shares listed on both the Toronto Stock Exchange (TSX-CRJ) and the NYSE MKT (NYSE MKT-CGR). The Company is also engaged in the exploration and development of gold mineral reserves and mineral resources. The Company’s entire asset base is located in Canada. Its main revenue generating asset is the 100 percent owned Seabee Gold Project, located in northern Saskatchewan. Since 1991, Claude has produced over 1,023,000 ounces of gold from the Seabee Gold Project. Claude also owns 100 percent of the Madsen property near Red Lake, Ontario and 100 percent interest in the Amisk Gold Property in northeastern Saskatchewan.

Stock Exchanges: TSX - CRJ NYSE MKT – CGR Shares Outstanding (December 31, 2012): Basic – 173.7 million Fully Diluted – 182.3 million Market Cap: As of January 14, 2013 – $100 million TSX: 52 Week High: $1.53 52 Week Low: $0.50 NYSE MKT: 52 Week High: $1.53 52 Week Low: $0.50 Analyst Coverage: Kevin Chiew – CIBC Paolo Lostritto – National Bank Ron Stewart – Dundee Securities Sam Crittenden – RBC

Market Summary

A Unique Junior Gold Company: • 100% of assets located in safe Canadian mining

jurisdictions; • Production and cash flow to grow at current mining

operations; • Over 21 years of narrow vein gold mining experience; • Exploration upside in and around current mining

operations. Recently identified ore bodies near infrastructure;

• Exploration upside at prolific gold camp in Red Lake, Ontario

• Multiple high grade targets • Permitted infrastructure;

• Amisk Gold Project with bulk mineable potential; and • Experienced Management and Board of Directors.

AMISK GOLD PROJECT

TSX: CRJ NYSE MKT: CGR

World-Class Properties Seabee and Santoy 8 Gold Mines • 100% ownership • Produced over 1,023,000 ounces of gold from 1991 to 2012 • 1.30M oz resources (NI 43-101 compliant) • 14,400 hectare land package • Exploration focused on Santoy Gap, L62, Santoy 8 and Seabee

Deep Madsen Advanced Gold Exploration Project • 100% ownership • 1.23M oz resources (NI 43-101 compliant) • Historic production of 2.45 million ounces of gold from 1938 to

1976 • 10,000 acre land package • Fully permitted mill, shaft and tailings management facility

• Similar type of geology to that of Goldcorp’s Red Lake assets Amisk Gold Exploration Project • 100% ownership • 1.56M oz resources (NI 43-101 compliant) • 40,373 hectare property • Located in a proven mining district and mining friendly

community • Open pit potential

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Upside Base Case Costs

Increasing Production & Decreasing Cash Costs

Claude Resources Inc. 200, 224-4th Avenue South Saskatoon, SK Canada S7K 5M5

TSX: CRJ NYSE MKT: CGR

Phone: (306) 668-7505 Fax: (306) 668-7500 Email: ir@clauderesources.com Website: www.clauderesources.com

Growing Resource Base at Seabee, Madsen and Amisk

TSX: CRJ NYSE MKT: CGR

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Resource Base

Amisk

Madsen

Seabee

Claude has an exceptional record of low-cost reserve & resource base growth over the past four years. This demonstrates the ability of our exploration team, the strength of the exploration program and the quality of the Company’s exploration assets.

The industry average finding cost per ounce is approximately $35(1) while our finding costs have averaged $18 over the past 4 years.

We continue to focus on exploration around our Seabee Gold Operation while advancing the Amisk and Madsen Gold Projects.

(1)(Source: Minex C onsulting Pty Ltd.)

Increasing Production at the Seabee Gold Operation

The Company expects to increase gold production by approximately 10% per year over the next 5 years at the Seabee Gold Operation.

In 2012, the Company completed a mill upgrade and a camp expansion with its shaft extension to be completed in Q1 2013. These initiatives will enable Claude to increase production significantly and lower unit operating costs over the next 5 years.

Key drivers to increase production:

• Increased reserve & resource base

• New, near infrastructure discoveries: L62 and Santoy Gap

• Improved mining infrastructure