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St. Eugene Mining Corporation Announces Partial Drill Results from Amisk Gold Program

TORONTO, ONTARIO--(Marketwire - May 12, 2010) - St. Eugene Mining Corporation Ltd. (TSX VENTURE:SEM) ("St.Eugene" or the "Company") reports partial assay results from the ongoing $1.1 million exploration programme at the Amisk Gold Project, Saskatchewan, The Program is administered by Claude Resources Inc, (Claude) under a joint venture agreement between Claude and St. Eugene. Claude is the operator with a 65% interest. St. Eugene has the remaining 35% participating interest. The following information is extracted from a release issued May 12, 2010 by JV Manager Claude, the contents of which were reviewed and approved by Brian Skanderbeg., P Geo. and M.Sc., VP Exploration and the Qualified Person for Claude.

CLAUDE RESOURCES INC. INTERCEPTS 86.70 METRES @ 1.03 G/TONNE AT THE AMISK GOLD PROJECT, SASKATCHEWAN

HISTORIC DRILLING OF 2.39 G/TONNE OVER 165.12 METRES DEMONSTRATES BULK POTENTIAL'

Claude Resources Inc. (TSX:CRJ)(NYSE Amex:CGR) ("Claude" or the "Company") is pleased to announce that winter drilling results, as well as historic drill data, demonstrate the bulk potential of the Amisk Gold Property. The 12,000 hectare property is located 20 kilometres southwest of Flin Flon, Manitoba and hosts the Amisk- Laurel Gold Deposit.

As a first Phase, an eleven hole, 2,300 metre, winter drill program was completed. Results received for the first five holes of the 2010 winter drill program are presented in Table 1.

Table 1: Summary of 2010 Amisk-Laurel Gold Deposit intercepts received to 
date.

----------------------------------------------------------------------------
 From To Length Au Ag
Hole Easting Northing Az/Dip (m) (m) (m) (g/t) (g/t)
----------------------------------------------------------------------------
AL-10-271 180/-
 9648 5045 55 190.73 200.30 9.57 1.02 5.4
AL-10-272 180/-
 9726 5151 55 196.02 212.10 16.08 1.24 15.2
AL-10-273 180/-
 9654 5223 55 300.65 334.95 34.30 0.49 2.9
AL-10-275 9921 4925 64/-45 10.65 45.50 34.85 2.91 4.3
 incl 12.18 13.00 0.82 13.27 8.0
 incl 15.27 16.11 0.84 39.22 15.2
 incl 32.00 33.00 1.00 28.89 26.5
AL-10-278 180/-
 9976 5059 45 11.30 98.00 86.70 1.03 6.0
 incl 44.00 46.00 2.00 14.94 4.4
---------------------------------------------------------------------------
Note: Intervals noted are intercepted width not true width, have been
calculated using a 0.3 g/tonne cut-off and are uncut. They may include
internal dilution.

The Amisk Gold Project is a 65:35 joint venture between Claude and St. Eugene Mining Corporation. The 2010 exploration program is focused on the Amisk-Laurel Gold Deposit, specifically evaluating the bulk mining potential of the system and expanding the deposit.

The Amisk Gold Project has been the subject of significant historic exploration, with advanced exploration and underground bulk sampling completed in the late 1980's by Cameco Corporation. Based on historical exploration and underground development, a 1988 prefeasibility study indicated mineable reserves of 185,000 tons at 0.44 oz/ton Au and 1.75 oz/ton Ag to a depth of 130 metres. A 0.15 oz/ton cut-off grade was utilized in the calculations. These estimates are historical in nature and should not be viewed as National Instrument 43-101 compliant. Results from subsequent drilling programs by Cameco and SMDC were not considered in any resource calculations.

The Amisk-Laurel Gold Deposit is hosted within a rhyolite flow-dome complex and overlying pyroclastic tuffs and flows. High grade gold and silver mineralization is hosted within a series of moderately to shallowly-dipping, pyrite +/- chalcopyrite-sphalerite- tetrahedrite-galena-bearing sulphide vein systems. A compilation and analysis of historic drill data reveals that high grade vein systems are typically flanked by wide intervals of low grade mineralization associated with disseminated and stringer pyrite. Sampling within these lower grade domains is incomplete with all unsampled intervals composited at zero grade. Table 2 presents highlights from historic drilling. A complete list of significant composites for all historic drilling is available on the Company's website.

Table 2: Highlights of historic drill results from the Amisk-Laurel Gold 
deposit.

----------------------------------------------------------------------------
 From To Au Ag Un-
Hole Easting Northing Az/Dip (m) (m) Length (g/t) (g/t) sampled
 intervals
 (m)
----------------------------------------------------------------------------
AL96 176/-
 -219 9800 5175 48 165.00 244.00 79.00 5.41 46.4 27.00
 incl 237.00 239.00 2.00 192.60 1600.0
----------------------------------------------------------------------------
AL8- 180/-
 159 9937.5 5075 66 6.00 202.77 196.77 2.09 7.6 85.86
 incl 142.00 155.50 13.50 24.95 68.8
----------------------------------------------------------------------------
AL8- 158/-
 176 9937.5 5075 65 13.80 178.92 165.12 2.39 14.6 2.80
 incl 18.50 19.25 0.75 287.66 2019.4
 incl 29.80 30.80 1.00 29.90 51.0
 incl 99.00 100.00 1.00 43.92 164.6
----------------------------------------------------------------------------
AL6- 180/-
 44 10000 5125 45 85.40 222.75 137.35 2.12 18.9 63.35
 incl 142.00 160.75 18.75 10.95 100.8
----------------------------------------------------------------------------
AL5- 180/-
 05 10000 4952 45 28.53 77.60 49.07 5.32 9.0 30.19
 incl 29.26 31.09 1.83 112.43 144.6
----------------------------------------------------------------------------
AL7-
 096 10002 4937.5 0/-55 33.61 175.97 142.36 1.68 6.9 53.12
 incl 56.63 57.13 0.50 23.35 134.1
 incl 105.80 106.30 0.50 199.89 394.3
 incl 108.80 110.30 1.50 16.14 63.1
----------------------------------------------------------------------------
AL6- 180/-
 54 9675 9975 45 10.10 83.50 73.40 3.23 19.7 0.00
 incl 16.00 17.00 1.00 17.69 136.1
 incl 59.25 59.75 0.50 92.91 586.3
 incl 73.00 74.30 1.30 44.23 139.2
----------------------------------------------------------------------------
AL7- 171/-
 108 9980 5175 45 114.00 236.50 122.50 1.76 5.0 0.00
 incl 163.25 164.25 1.00 24.79 42.9
 incl 180.25 182.75 2.50 20.24 48.0
 incl 211.25 211.75 0.50 152.57 68.9
----------------------------------------------------------------------------
AL97 270/-
 -259 10200 5075 50 213.00 361.78 148.78 1.43 7.5 57.90
 incl 253.00 254.00 1.00 76.55 340.0
 incl 273.00 274.00 1.00 34.80 73.0
----------------------------------------------------------------------------
AL7- 180/-
 123 9975 5062.5 45 16.72 158.90 142.18 1.38 7.7 21.43
 incl 40.00 51.00 11.00 7.80 4.7
----------------------------------------------------------------------------
AL7- 180/-
 089 9975 5075 45 10.10 146.03 135.93 1.41 6.0 23.25
 incl 105.19 111.69 6.50 6.42 25.1
 incl 144.03 145.03 1.00 81.60 181.0
----------------------------------------------------------------------------
AL96 180/-
 -243 9749.7 5299.8 50 293.00 355.23 62.23 3.03 6.0 23.39
 incl 305.55 306.00 0.45 25.31 66.0
 incl 343.42 346.00 2.58 47.19 16.5
----------------------------------------------------------------------------
AL7- 180/-
 124 10000 5062.5 47 36.00 124.00 88.00 1.85 11.4 0.00
 incl 39.00 40.00 1.00 12.86 74.0
 incl 93.00 93.50 0.50 36.69 92.9
 incl 101.25 102.25 1.00 11.18 41.0
 incl 117.75 118.25 0.50 40.80 142.3
----------------------------------------------------------------------------
AL98 180/-
 -266 10025 5200 50 132.50 262.00 129.50 1.23 8.3 66.72
 incl 177.60 178.41 0.81 28.17 150.0
 incl 251.00 255.40 4.40 18.17 119.5
----------------------------------------------------------------------------
AL98 202/-
 -263 9825 5300 50 323.70 392.90 69.20 2.23 7.9 30.60
 incl 382.30 389.30 7.00 18.33 44.3
----------------------------------------------------------------------------
AL6- 180/-
 37 9975 5050 45 30.25 149.80 119.55 1.25 3.7 41.71
 incl 78.40 79.40 1.00 49.44 56.2
----------------------------------------------------------------------------
AL7- 185/-
 084 10025 5087.5 45 24.16 149.13 124.97 1.17 9.0 31.92
 incl 24.66 25.16 0.50 21.02 153.6
 incl 89.40 90.40 1.00 29.35 102.2
----------------------------------------------------------------------------
AL8-
 151 9995 4875 58/-45 51.95 74.95 23.00 6.26 30.9 6.00
 incl 61.33 67.33 6.00 20.39 73.3
----------------------------------------------------------------------------
AL7- 180/-
 105 9950 5075 45 8.68 133.70 125.02 1.09 3.5 22.92
 incl 132.20 132.70 0.50 141.60 30.0
----------------------------------------------------------------------------
AL7- 180/-
 107 10000 5075 55 34.00 148.35 114.35 1.19 10.6 1.00
 incl 50.50 52.00 1.50 15.69 209.0
----------------------------------------------------------------------------
AL8- 180/-
 156 10012 5000 45 36.50 80.00 43.50 2.90 8.7 25.00
 incl 38.00 38.50 0.50 28.15 319.5
 incl 60.00 61.50 1.50 65.51 41.8
----------------------------------------------------------------------------
AL3-
 15 9921.5 4925 64/-45 20.29 156.53 136.24 0.82 0.9 21.61
----------------------------------------------------------------------------
AL8-
 168 10027 4908 13/-45 25.00 83.00 58.00 1.80 18.8 33.00
 incl 77.00 81.00 4.00 18.42 191.7
----------------------------------------------------------------------------
AL9- 180/-
 203 9800 5275 45 318.05 378.48 60.43 1.70 15.9 29.73
 incl 376.48 377.48 1.00 48.10 223.9
--------------------------------------------------------------------------
AL6- 180/-
 28 10025 4925 45 50.30 60.80 10.50 8.82 24.4 7.30
 incl 52.60 53.05 0.45 63.09 131.3
 incl 58.30 58.40 0.10 562.29 1584.0
----------------------------------------------------------------------------

Note: Intervals noted are intercepted width not true width, have been 
calculated using a 0.3 g/tonne cut-off and are uncut. They may include 
internal dilution and/or unsampled intervals. Unsampled intervals have been
treated at zero grade for the purpose of composite calculation. Total width
of unsampled intervals are noted. Historic assay results have been verified 
to the original assay certificate where possible; however, Quality Assurance
and Quality Control procedures have not been verified.

These initial drill results in conjunction with the historic drilling data outline an extensive potentially bulk-mineable gold system. Infill sampling of historic drilling can only improve these composites," stated Brian Skanderbeg, Vice President Exploration. "The system comes to surface and remains open at depth as well as along strike to the west and southeast.

Drill core was halved and samples averaging 1.0 to 1.5 meters were submitted to TSL Laboratories in Saskatoon, Saskatchewan, an ISO approved facility. Rigorous quality assurance and quality control procedures have been implemented including the use of blanks, standards and duplicates (1 in 20 samples). Core samples were analyzed by a 30 gram gold fire assay with an atomic absorption, conventional gravimetric and/or screen fire techniques

A summer exploration program, inclusive of resampling of historic core and further diamond drilling is scheduled to begin in June.

A plan map of the Amisk Gold Property and detailed map showing historic and current drill collar locations can be viewed at Claude's website. [ www.clauderesources.com ].

Claude Resources holds a 16.3% interest in St. Eugene's issued and outstanding common shares as of May 13th, 2010.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.