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Claude Resources (Claude Resources) Policy Acquisition Expense


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What is Claude Resources Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.


Claude Resources (Claude Resources) Business Description

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Claude Resources Inc was incorporated on March 26, 1980. The Company is a gold exploration and mining company. The Company is engaged in the acquisition, exploration, and development of precious metal properties and the production and marketing of minerals. All of Claude's mineral properties are located in northern Saskatchewan and northwestern Ontario. Its revenue generating asset is the 100 percent owned Seabee Gold Operation, located in northern Saskatchewan. Company also owned 100 percent of the Amisk Gold Project in northeastern Saskatchewan. The Seabee Gold Operation has produced gold from five mineral leases. It currently is producing from ML5519, ML5520 and ML5543. Operations on Amisk Property consist of an exploratory search for mineable deposits of ore. Company has produced over 1,000,000 ounces of gold from its Seabee Gold Operation in northeastern Saskatchewan. The Seabee Gold Operation hosts over 550,000 ounces of gold Mineral Reserves and over 680,000 ounces of gold in Mineral Resources.