Richmont Mines Inc
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Richmont Mines helps support town after foresters pull out
Wawa is a small town located about 250km north of Sault Ste. Marie, Ontario. It’s right at the junction of provincial highways 101 and 17, Canadian National and Algoma Railways service the area, and Lake Superior is just about 50km to the…
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GOLD: Richmont consolidates ownership of Island Gold mine
ONTARIO – Richmont Mines of Montreal has signed a definitive agreement to acquire the outstanding 31% ownership of four patented claim on the Island Gold mine property, thereby increasing its ownership of the claims to 100%. Richmont will…
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GOLD: Development reaches upper part of Island Gold Deep resource
ONTARIO – Development into the C zone has reached the upper portion of the Island Gold Deep resource, reports Richmont Mines of Montreal. Chip samples from the face taken during lateral drift development on the 560 metre level averaged a…
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GOLD: Richmont offers fresh numbers for Island Gold
ONTARIO – Richmont Mines of Montreal has published the latest resource numbers for its Island Gold gold mine 83 km northeast of Wawa. Using a gold price of US$1,225/oz, at the 2013 year end the Island Gold mine has proven and probable…
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GOLD: Richmont resources up, W Zone written down
MONTREAL – Richmont Mines has announced larger mineral reserve and resource estimates despite having to write down the W Zone mine. Total ounces in proven and probable reserves increased 3% year-over-year, in measured and indicated…
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GOLD: Contained ounces in Island Gold Deep C zone top 1M
ONTARIO – The latest resource numbers on the Deep C zone at the Island Gold mine belonging to Richmont Mines of Montreal total over a million ounces. The previous indicated resource has been upgraded to 456,000 indicated tonnes grading…
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An Emerging Gold District on Canada’s East Coast
Although iron ore and nickel continue to dominate news from the mining sector in Labrador, exploration and development for gold is gaining momentum on the Island of Newfoundland. Much of the recent and current production of the precious metal…
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GOLD: Richmont takes over Island gold deep development
ONTARIO – Richmont Mines of Montreal is terminating on Nov. 12 the agreement with an outside contractor the deep development at the Island gold mine 85 km west of Wawa. The company said it is making the change due to the weak and volatile…
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GOLD: Richmont declares W zone to be in commercial production
QUEBEC – Richmont Mines of Montreal says the W zone gold project has completed three months of pre-production and that commercial production was declared on Oct. 1, 2013. The mine is accessible via ramp from the company’s Beaufor mine, 25…
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GOLD: Richmont’s Monique project reaches commercial production
QUEBEC – Richmont Mines of Montreal declared commercial production at its Monique gold project 25 km east of Val d’Or on Oct. 1, 2013. The mine is expected to produce 4,500 oz of gold during the remainder of this year.
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GOLD: Richmont boosts resources at Island Gold Deep
ONTARIO – Montreal-based Richmont Mines has a new inferred resource number – 771,000 oz Au in 2.3 million tonnes grading 10.53 g/t Au – for its Island Gold Deep project. The Island Gold mine is a producing underground mine 50…
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Richmont Mines: Producing gold from mines in two provinces
Australia has its “Gold Coast,” Toronto-Hamilton-Niagara Falls is known as the “Golden Horseshoe,” but the “Abitibi Gold Belt” that straddles the borders of Northern Ontario and Quebec is the ‘real deal’ when it comes actual gold.