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Stock Market & Financial Investment News

News Breaks
January 9, 2013
08:06 EDTRICRichmont Mines receives mining permit for Monique Gold Project
Richmont Mines announces that it has received the required mining permits for its 100%-owned Monique Gold Project located in Val-d'Or, Quebec. The corporation will begin overburden removal shortly, with a view to extracting a 5,000 tonne bulk sample to be processed at its 100%-owned Camflo Mill in 2013. If the results from the bulk sampling phase are favourable, open pit mining and milling would proceed over the following 2 year period, the approval for which is inclusive in the permit. The open pit phase could potentially be followed by an underground phase, for which a permit amendment would need to be obtained.
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February 9, 2016
06:42 EDTRICRichmont Mines reports reserves up 206% at Island Gold Mine
Richmont Mines announces updated Mineral Reserves and Resources as of December 31, 2015, including a 206% increase in Mineral Reserves at the cornerstone Island Gold Mine to 561,700 gold ounces at a Mineral Reserve grade of 8.26 g/t. The Beaufor Mine reported a 95% increase in Mineral Reserves to 63,850 gold ounces at a Mineral Reserve grade of 6.57 g/t, which will extend mine life by more than two years.

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