GOLD EXPLORATION: Core from Cripple Creek assays over 70 g/t

ONTARIO - Richmont Mines of Montreal has received preliminary assays from surface drilling at its 100% owned C...

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ONTARIO - Richmont Mines of Montreal has received preliminary assays from surface drilling at its 100% owned Cripple Creek gold property west of Timmins. The results include 73.54 g/t Au over 7 metres (20.71 g/t cut at 30 g/t). Included within that length of core were additional 1-metre sections of 193.24 g/t, 222.42 g/t, 44.18 g/t Au and 22.49 g/t.

Commenting on the results, president and CEO Martin Rivard noted, "We are very excited about the results obtained to date from our surface drilling program on Cripple Creek, as they reaffirm the true potential of this property. We hope to complete this first phase of drilling in the coming weeks, and plan to evaluate future drilling options once the full results are in."

Richmont drilled at Cripple Creek before 2005, but then switched its attention to development at East Amphi, Beaufor and Island Gold. The current drilling program includes 5,000 metres targeted at depths below 400 metres. The property is bordered by the Destor-Porcupine fault to the south and the Bristol fault to the north.

A map of the structure and mineralization at Cripple Creek is available at www.Richmont-Mines.com.

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