New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 25, 2013
08:00 EDTRICRichmont Mines adds new high-grade inferred mineral resources of 508K Au ounces
Richmont Mines announces a first inferred mineral resource estimate for the C Zone at depth at its operating Island Gold Mine near Wawa, Ontario. New C Zone inferred mineral resource estimate of 1.5M tonnes grading 10.73 g/t Au for 508,000 ounces. The C Zone is sub-vertical, at depths of between 450 metres and 1,000 metres, and appears to be an extension of the areas currently being mined. The mineral resource has been drilled on an approximate 50 m x 50 m pattern, with 55 drill hole intercepts, about 60% of which contained visible gold; The average true width of the new C Zone at depth is estimated at 4.5 metres, compared to an average of 2.7 metres above the 400 metre level; and Preliminary metallurgical testing on representative samples have shown high recovery rates.
News For RIC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
There are no results for RIC

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use