17 06 07 nbf conference - toronto

1. POSITIONING
FOR
SUSTAINABLE
GROWTH
NBF 7th Annual Quebec
Conference, Toronto
June 7, 2017
TSX - NYSE : RIC

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RICHMONT MINES
FORWARD-LOOKING STATEMENTS
Safe Harbor Statement & Cautionary Note to U.S. Investors Concerning Resources Estimates
This presentation contains forward-looking statements that include risks and uncertainties. When used in this presentation, the
words “estimate”, “projects”, “anticipate”, “expects”, “intend”, “believe”, “hope”, “may”, and similar expressions, as well as “will”, “shall”,
and other indications of future tense, are intended to identify forward-looking statements. The forward-looking statements are based on
current expectations and apply only as of the date on which they were made. Except as required by law or regulation, Richmont
undertakes no obligation and disclaims any responsibility to publicly update or revise any forward-looking statements of information,
whether as a result of new information, future events or otherwise. The factors that could cause actual results to differ materially from
those indicated in such forward-looking statements include changes in the prevailing price of gold, the Canadian-U.S. exchange rate,
grade of ore mined and unforeseen difficulties in mining operations that could affect revenue and production costs. Other factors such
as uncertainties regarding government regulations could also affect the results. Other risks may be detailed from time to time
in Richmont Mines Inc.’s Annual Information Form and other public disclosure.
The resource estimates in this presentation were prepared in accordance with National Instrument 43-101 Standards of Disclosure of
Mineral Projects (“NI 43-101”) adopted by the Canadian Securities Administrators. The requirements of NI 43-101 differ significantly
from the requirements of the United States Securities and Exchange Commission (the “SEC”). In this presentation, we use the terms
“Measured”, “Indicated” and “Inferred” Resources. Although these terms are recognized and required to be used in Canada, the
SEC does not recognize them. The SEC permits U.S. mining corporations, in their filings with the SEC, to disclose only those mineral
deposits that constitute “Reserves”. Under United States standards, mineralization may not be classified as a Reserve unless the
determination has been made that the mineralization could be economically and legally extracted at the time the determination is
made. United States investors should not assume that all or any portion of a Measured or Indicated Resource will ever be
converted into “Reserves”. Furthermore, “Inferred Resources” have a great amount of uncertainty as to their existence and whether
they can be mined economically or legally, and United States investors should not assume that “Inferred Resources” exist or can be
legally or economically mined, or that they will ever be upgraded to a more certain category.
For additional information regarding the Mineral Reserves and Resources referred to in this presentation, please refer to the press
release dated Jan. 31, 2017 reporting Richmont Mines Mineral Reserve and Resource estimates as of Dec. 31, 2016.
U.S. Investors are urged to consider the disclosure in our annual report on Form 40-F, File No. 001-14598, which may be obtained from
us or from the SEC’s web site: http://sec.gov/edgar.shtml.
(All amounts are in Canadian dollars, unless otherwise indicated.)

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Long-term value
Quality
asset base in Canada
Growing
production profile
Significant
exploration potential
Capital discipline &
shareholder returns
Low
shares outstanding
Decreasing
cost structure
Maximizing
per share valuation
Cash focus
Strong
Balance sheet
Favourable
CAD$ exposure
Growing
cash flow streams
ESTABLISHED CANADIAN GOLD PRODUCER
POSITIONING FOR SUSTAINABLE GROWTH
ontario

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Strong cash position supports fully
funded strategic organic growth plan
Analyst Coverage
BMO Capital Markets Brian Quast
Canaccord Genuity Rahul Paul
CIBC Jeff Killeen
Cormark Securities Richard Gray
Haywood Securities Kerry Smith
Macquarie Capital Markets Michael Gray
National Bank Financial Raj Ray
Paradigm Capital Don Blyth
PI Financial Brian Szeto
Scotia Capital Ovais Habib
TD Securities Daniel Earle
CAPITAL STRUCTURE AND COVERAGE
POSITIONING FOR SUSTAINABLE GROWTH
TSX-NYSE: RIC Share Capital (at May 1, 2017)
Issued & Outstanding Shares 63.7M
Fully Diluted 66.5M
Market Capital $623M
CASH(1)
C$75.2M
(US$56.5M)(3)
DEBT(1,2)
C$10.4M
(US$7.8M)(3)
(1) As of Mar. 31, 2017.
(2) Comprised mainly of mobile equipment capital leases.
(3) Calculated using a C$:US$ exchange rate of 1.33
All amounts are in Canadian dollars
unless otherwise indicated.

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RICHMONT MINES
2016 SCORECARD
Focused on achieving high quality,
low cost growth.
ANNUAL HIGHLIGHTS
Best in class safety performance
Record gold production
Record revenues
Increased reserves and resources
Strong cash position
104,050
record ounces produced
$0.20
earnings per share
$169 M
record annual revenues $75 M
cash at year end
Achieved all 2016 positively revised company-wide targets
(US$960)
AISC(1) per ounce
(US$685)
cash costs(1) per ounce
$908 $1,272
(1) Cash costs and all-in sustaining costs (“AISC”) are non-IFRS measures. Refer to the Non-IFRS performance measures contained
in the 2016 MD&A.

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ISLAND GOLD MINE
2016 SCORECARD
POSITIONED FOR GROWTH
Exceeded production and cost guidance
Increased reserves at higher grades
Increased inferred resources at higher
grades and low discovery costs
Expansion Case PEA to 1,100 tpd
 Fully funded and fully permitted
(US$745)
AISC(1) per ounce
83,323
record ounces produced
$14.8 M
investment in exploration
Fully funded organic growth plan
In 2016, the Island Gold Mine
exceeded expectations on every
performance metric.
2013 2014 2015 2016 2017E
Production (k oz) Cash Costs (US$/oz)(1,2)
Increasing production
and declining costs $988
(US$587)
cash costs(1) per ounce
$779
(1) Refer to the Non-IFRS performance measures contained in the 2016 MD&A.
(2) 2017 Guidance assumes high end of production and low end cash cost range, with an exchange rate of 1.30 Canadian to U.S. dollars.
Refer to press release dated February 2, 2017.

7. 7
0
100
200
300
400
500
600
700
800
2012 2013 2014 2015 2016
MineralReserves(000’sounces)
Monique Beaufor Island Gold
Gold oz.
752,200
Island Gold Mine
reserve growth of
+34% in 2016
Gold oz.
44,920
ISLAND GOLD MINE
RESERVE & RESOURCE(1)
GROWTH
Exploration results support potential for resource growth
 New high-grade mineralization identified by recent exploration drilling
 ~800 m east of main Island Gold deposit
 Hole GD-640-05: 20.6 g/t gold over 11.3 m (core length)
Reserve growth potential in the higher grade fourth mining horizon
 Early results from delineation drilling completed within Expansion Case PEA area demonstrate
significant potential to further expand reserves at higher than current average grades.
(1) Refer to the detailed mineral reserve and mineral resource tables in the appendix section of this presentation.
2016 Reserves
 752,200 oz (net of depletion) with 11%
increase in grade to 9.17 g/t
2016 Resources
 Inferred: 30% increase to 995,700 oz
(net of conversion) with 20% increase
in grade to 10.18 g/t
 New resource blocks laterally to the
east and at depth below 1,000 metres
 Low discovery cost of ~$35/oz

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2017 GUIDANCE Island Gold Mine Beaufor Mine Company-wide
Gold Production (ounces) 87,000 - 93,000 23,000 - 27,000 110,000 - 120,000
Cost Estimates
C$/oz
Cash Costs (1) $715 - $765 $1,265 - $1,320 $835 - $885
Corporate G&A - - $105 - $110
All-in Sustaining Costs (1) $945 - $995 $1,540 - $1,590 $1,180 - $1,235
US$/oz
Cash Costs (1)(2) $550 - $590 $975 - $1,015 $640 - $680
Corporate G&A (2) - - $80 - $85
All-in Sustaining Costs (1)(2) $725 - $765 $1,185 - $1,225 $905 - $950
Capital Investment Estimates
C$(M)
Sustaining Capital $19 - $22 $6 - $7 $25 - $29
Expansion Capital (3) $33 - $35 - $33 - $35
Exploration & Project Evaluation $14 - $16 $2 - $3 $16 - $19
US$(M)
Sustaining Capital(2) $15 - $17 $5 - $6 $19 - $22
Expansion Capital(2)(3) $25 - $27 - $25 - $27
Exploration & Project Evaluation (2) $11 - $12 $1 - $2 $12 - $14
(1) Refer to the Non-IFRS Performance Measures in the 2016 MD&A.
(2) Assuming an exchange rate of 1.30 Canadian dollars to 1.0 US dollar.
(3) Expansion capital estimates for 2017 relate exclusively to the Island Gold Mine and are discretionary in nature. Ongoing deployment of project capital
at the Island Gold Mine is contingent upon the receipt of a confirmatory Preliminary Economic Assessment (“PEA”) for 1,100 tonnes per day and a
minimum sustaining gold price of C$1,550 per ounce. Expansion capital is exclusive of capital requirements related to a mill expansion in 2018 as
contemplated in the PEA.
RICHMONT TARGETS
2017 PRODUCTION AND COST GUIDANCE

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146% PRODUCTION INCREASE SINCE 2013 Production and Costs
Q1 2017
Results
2017
Guidance
Gold production (oz) 23,772 87,000-93,000
Cash costs/oz (C$)(1) $668 $715-$765
AISC per oz. (C$)(1) $848 $945-$995
Cash costs/oz (US$)(1,2) $504 $550-$590
AISC per oz. (US$)(1,2) $640 $725-$765
Capital and Exploration ($M)
Q1 2017
Results
2017
Guidance
Sustaining Capital (C$) $4.1 $19-$22
Project/Expansion Capital (C$) $5.9 $33-$35
Exploration (C$) $3.8 $14-$16
Sustaining Capital (US$)(2) $3.1 $15-$17
Project/Expansion Capital (US$)(2) $4.5 $25-$27
Exploration (US$)(2) $2.8 $11-$12
Increasing Production
2017E: up to 12% higher YoY
Q1’17: record mine & mill
rates achieved
Declining Cash Costs
2017E: up to 8% lower YoY
Q1’17: 19% lower QoQ
ISLAND GOLD MINE
CANADIAN HIGH GRADE UNDERGROUND MINE
Growth opportunities
1,100 tpd Expansion
Case PEA released
Increasing reserves
at higher grades
Exploration potential
laterally and at depth
Mineral Reserves and Resources(3)
(December 31, 2016)
Grade
(g/t)
Gold
ounces
Proven & Probable Reserves 9.17 752,200
Measured & Indicated Resources 5.94 91,450
Inferred Resources 10.18 995,700
(1) Refer to the Non-IFRS performance measures contained in the MD&A for the corresponding reporting period.
(2) 2017 guidance assumes an exchange rate of 1.30 Canadian to US dollars.
(3) Refer to full 2016 Reserve and Resource information at the end of this presentation.

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ISLAND GOLD MINE
EXPANSION CASE PEA – A DISCIPLINED APPROACH
 First step in a disciplined multi-phased strategy
 Use of current infrastructure; minimal incremental expansion capital
 Only approximately 24% of Inferred Resources were incorporated
 +750k ounces Inferred Resources available for further growth
 Maximizing productivity while maintaining a minimum mine life of 8 years
 Low cost, quality operation that generates strong cash flow streams
 Additional cost reduction and productivity enhancement initiatives not captured
 Recent delineation/exploration success not captured
The objective of the PEA was to consider the most cost and capital effective strategy
to mine the portion of the mineral resources that is located within the main area of
interest over four mining horizons, to a maximum depth of 1,000 metres below
surface, using the current mine infrastructure.

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FINANCIAL ANALYSIS
HIGHLIGHTS
Expansion Case PEA Summary (1,100 tpd)
(C$:US$ exchange rate of 1.35:1) C$ Gold Price US$ Gold Price
Spot Gold Downside Case Spot Gold Downside Case
$1,700/oz $1,550/oz US$1,260/oz US$1,150/oz
Average operating unit cost ($/t)(1,4) 191 189 141 140
Cash Costs ($/oz)(1,2,4) 652 646 483 479
AISC ($/oz)(1,2,4) 837 832 620 616
Sustaining capital ($M) 168 168 124 124
Project capital ($M)(3) 68 68 50 50
AIC ($/oz)(1,2,3,4) 910 906 674 671
Cumulative Net Cash Flow ($M)(5,6) 749 615 555 456
Pre-tax NPV5%(6) 580 473 430 350
After-tax NPV5%(6) 452 379 335 281
(1) The Expansion Case PEA assumes a gold price of $1700 (US$1260) and $1,550 (US$1,150) per ounce and a C$:US$ exchange rate of 1.35
(2) Refer to the Non-IFRS performance measures section contained in the Q1 2017 MD&A.
(3) Project capital includes incremental expansion capital of $28.2 million and accelerated mine development/infrastructure capital of $40 million.
(4) Including royalties.
(5) Net cash flow is pre-tax cash flow after all operating costs, project and sustaining capital.
(6) All calculations assume the Dec.31, 2016 cut-off grade and do not incorporate any adjustments related to different gold price assumptions.

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GOUDREAULOCHALSH ISLAND EXT1 EXT2
- 500 m
340 m Level
190 m Level
W E
Crown pillar
Surface
EXPANSION CASE PEA AREA
1000 m Level
635 m Level
740 m Level
860 m Level
Second Mining Horizon
P&P 490,000 8.82 138,950
Third Mining Horizon
P&P 984,000 11.71 370,460
Inferred 63,000 8.25 16,710
Fourth Mining Horizon
P&P 309,000 8.74 86,830
Inferred 472,000 15.22 230,970
- 1.000 m
Legend
Proven Reserves
Probable Reserves
Measured & Indicated Resources
Inferred Resources
Ramps and Actual
Development
Mined Out
Planned Development
Resources in table only include Island - Lower C Zone.
Extension1 - Lower C Zone. and Extension 2 - Lower E1E Zone
200 m
860 m Level
Planned
Exploration
Drift
( Mineral Reserves and Resources as of December 31. 2016)
First Mining Horizon
Tonnes Grade (g/t) Ounces
P&P 427,000 5.86 80,450
1
2
3
4
Upper Mine
Reserves Ounces Considered in the PEA
Tonnes
Grade
(g/t)
Ounces
P&P 341,000 6.89 75,500
740 m Level
Explo. &
Delineation Drift
 Total diluted and recovered mineralized material
considered in the PEA mining plan: 3.1MT @ 9.68 g/t = 964 koz gold
 Approx. 24% of the inferred resources were used in the PEA
 All resources outside the main area were excluded in the PEA
620m Level
Planned
Exploration
Drift
EXPANSION CASE PEA
MINERAL RESOURCES & RESERVES USED IN 2017 PEA STUDY
Note: Mineral Resources presented are exclusive of Mineral Reserves. Mineral Resources
that are not Mineral Reserves do not have demonstrated economic viability.

13. 13
0.00
0.20
0.40
0.60
0.80
1.00
1.20
1.40
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
WastetoOreRatio
TotalTonnesMined
Total Tonnes Mined & Waste to Ore Ratio
Total development ore (tonnes) Total stoping ore (tonnes)
Total waste development (t) Ratio: Waste/Ore
MINE PLAN 1,100 TPD
TOTAL TONNES MINED
2015 2016
Historical Expansion Case PEA

14. 14
FINANCIAL ANALYSIS
CURRENCY AND GOLD PRICE SENSITIVITIES
Pre-tax Net Cash Flow(1,2) ($M) Sensitivity
US$ Gold Price
C$:US$
1,000 1,100 1,200 1,300 1,400
1.00 123 212 302 391 481
1.10 212 311 409 507 606
1.20 302 409 516 623 731
1.30 391 507 623 740 856
1.35 436 556 677 798 918
1.40 481 606 731 856 981
1.45 525 655 784 914 1 043
1.50 570 704 838 972 1 106
1.60 659 802 945 1 088 1 231
 PEA mine plan generates positive pre-tax net cash flow even at a gold price of
US$1,000 per ounce and a C$ to US$ exchange rate at parity
(1) Net cash flow is pre-tax cash flow after all operating costs, project and sustaining capital.
(2) All calculations assume the Dec.31, 2016 cut-off grade and do not incorporate any adjustments related to different gold price assumptions.

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NEXT STEPS
ADDITIONAL GROWTH OPPORTUNITIES
Immediate
Operational
enhancements
► Ongoing implementation of enhanced operational efficiencies
► Cost reduction initiative
► Supply chain optimization
Short-Term
Exploration and
Delineation Program
► Increase resource inventory to the east and at depth to a
minimum of 2M oz of total resources, including 1M oz of
reserves
Mid-Term
Phase 2 Expansion
< 5 years
► Additional mine infrastructure (ex. shaft) could allow increased
mining rates as new mining zones outside the PEA area (both
laterally and at depth) are incorporated in the PEA
► +2M oz of resources – further production growth profile over
10+ year mine life
Mid to
Long-Term
Unlocking the Full
Potential of the Island
Gold Deposit
► Increased resource inventory of the vertical extension at depth
(+2 km)
► Increased resource inventory along strike; +7 km east and
west
► Transforming Island Gold into a multi-million ounce deposit
Long-Term
Potential
Full Land Package
► Resource growth potential regionally outside the current
deposit area
► <15% of the main structure has been drilled to a depth of
1,000 m

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620 m Level Planned
Explo. & Delineation Drift
860 m Level Planned
Explo. & Delineation Drift
GOUDREAULOCHALSH ISLAND EXT1 EXT2
- 500 m
- 1.500 m
W E
340 m Level
190 m Level
740 m Level
Explo. & Delineation Drift
- 1.000 m
200 m
2017-2018 DEEP
EXPLORATION
DRILLING
Proven Reserves
Probable Reserves
Indicated Resources
Inferred Resources
Inferred Resources
(B. D. G. G1 Zones)
Ramps and Actual Development
Mined Out
Planned Development
Legend
**** Mineral Reserves and Resources
as of December 31. 2016)
GD-630-01
25.37/3.85
GD-620-01
19.74/1.4
NEW DISCOVERY
GD-640-05
20.57/11.3 c.l.
**** Drillhole Intersection
Au (cut 70 g/t) / true thickness (metres)
c.l. Core length (metres)
Target
Target
Target
Extension of existing resource blocks + new potential areas
NEXT STEPS
SHORT-TERM OBJECTIVE: +2 M OZ (net of depletion) TOTAL RESOURCES
2017-2018 SURFACE/
UNDERGROUND
EXPLORATION DRILLING

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340 m Level
- 500 m
340-588-09
3.62/2.10
340-588-11
10.10/3.0
340-588-12
10.24/3.0
340-588-13
33.60/2.0
340-588-14
10.60/2.0
340-588-15
11.44/4.36
GD-640-04
7.38/3.27
340-588-18
5.69/2.3
340-588-17
4.98/3.0
EXPANSION CASE
PEA AREA
620 m Level Planned
Explo. & Delineation
Drift
860 m Level Planned
Explo. & Delineation Drift
- 1000 m
GD-640-05
20.57/11.3 c.l.
340-576-02
8.50/2.0
340-576-01
5.17/2.0
340-586-09
1.73/2.0
340-586-08
8.38/2.0
340-579-01
2.69/2.57
340-586-06
7.63/2.68
340-586-07
3.16/2.0
340-588-08
14.96/2.0
GD-640-05-1
10.16/5.74 c.l.
GD-620-01
19.74/1.4
GD-630-01
25.37/3.85
GD-640-05-1
Cross section looking W
GD-640-05-1
16.10/8.33 c.l.
GD-640-05
GD-640-02
3.66/5.34
GD-640-01
0.08/4.24
Cross section
looking W
EASTERN
LATERAL
DRILLING
ISLAND GOLD MINE
Eastern Lateral Exploration and
Infill Drilling
Proven Reserves (2016/12/31)
Probable Reserves (2016/12/31)
Indicated Resources (2016/12/31)
Inferred Resources (2016/12/31)
Ramp and Actual Development
Mined Out
Planned Development
Intersection not included in Dec. 2016
Reserves & Resources update
340-588-16
0.93/2.0
100 m
> 30
8.0 to 30.0
4.0 to 8.0
< 4.0
Drillhole Intersection
Au (cut 70 g/t) / true thickness (metres)
c.l. Core length (metres)

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15,500mE
15,000mE
Dyke
MH5-1A
9.27/5.93
MH4-4
4.10/3.09
MH5-2
5.08/4.40
MH4-5
4.63/2.51
MH2A-7
4.72/4.80
- 1,500 m
- 1,000 m
100 m
EXPANSION CASE
PEA AREA
860 m Level Planned
Explo. & Delineation Drift
MH2A-9B
2.66/5.89
MH8
4.60/2.24
MH5-3
0.95/3.81
MH6
0.91/9.44
Drillhole Intersection
Au (cut 225 g/t)
Drillhole Intersection
Au (cut 70 g/t)
Potential Extension
MH1-10
24.54/3.76
MH2A-8
10.37/9.17
MH2A-10
6.16/11.58
DEEP DIRECTIONAL
DRILLING
ISLAND GOLD MINE
Deep Directional Exploration and
Infill Drilling
Proven Reserves (2016/12/31)
Probable Reserves (2016/12/31)
Indicated Resources (2016/12/31)
Inferred Resources (2016/12/31)
Ramp and Actual Development
Mined Out
Planned Development
> 30
8.0 to 30.0
4.0 to 8.0
< 4.0
Drillhole Intersection
Au cut g/t / true thickness (metres)
Intersection not included in Dec. 2016
Reserves & Resources update

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14,500mE
15,000mE
Dyke
- 1,000 m
100 m
EXPANSION CASE
PEA AREA
860 m Level Planned
Explo. & Delineation
Drift
740-477-40
38.62/2.24
740-465-15
23.29/3.51
740-465-03
38.66/3.68
740-465-04
85.33/3.52
740-465-08
43.05/5.13
740-477-30
60.15/3.29
740-477-43
24.21/4.33
820-520-13
30.20/3.62
820-520-08
53.64/6.53
820-512-04
60.16/8.79
820-520-01
52.67/3.28
800-511-01
23.36/4.72
740-477-33
32.47/6.57
740-465-20
24.56/3.85
740-483-21
34.13/3.53
740-483-22
26.37/3.46
740-465-16
96.97/5.08
740-465-23
50.84/2.03
635 m Level
740 m Level
DRILLING IN PEA
ISLAND GOLD MINE
Highlights Expansion Case PEA
Delineation & Exploration Drilling
Proven Reserves (2016/12/31)
Probable Reserves (2016/12/31)
Indicated Resources (2016/12/31)
Inferred Resources (2016/12/31)
Ramp and Actual Development
Mined Out
Planned Development
> 30
8.0 to 30.0
4.0 to 8.0
< 4.0
Drillhole Intersection
Au (cut 225 g/t) / true thickness (metres)
Intersection not included in Dec. 2016
Reserves & Resources update

20. 20
Mill
Maskinonge
lake
CLINE MINE
63,000 oz Au
0.3 MT @ 6.5 g/t Au
KREMZAR MINE
47,000 oz Au
0.6 MT @ 4.8 g/t Au
ISLAND GOLD MINE
East Extension
West Extension Drilling target
500 m
- 1,000 m
- 500 m
- 1,500 m
MAGINO ISLAND GOLD EDWARDS CLINE
Richmont
Richmont
Argonaut
StrikeMinerals
New gold zone intersections (Au Cut 70 g/t at Lateral East Zone or 225 g/t for Lower C Zone)
Au g/t / true thickness (metres)
ClineMiningCorp.
KZ-16-01
56.93/1.10 c.l.
KZ-16-02
9.71/8.00 c.l.
MH1-10
24.54/3.76
MH2A-10
6.16/11.58
MH5-1A
9.27/5.93
340-588-13
33.60/2.0
340-576-02
8.50/2.0
MAGINO Open Pit Project
GD-640-04
7.38/3.27
GD-640-05
20.57/11.3 c.l.
GD-640-05-1
16.10/8.33 c.l.
Producing Gold Mine
Closed Gold Mine
Gold Showing
Major Fault
Mafic Volcanic
Intermediate Volcanic
Diabase
Iron Formation
Webb Lake
Stock-Granodiorite
EDWARDS MINE
144,000 oz Au
0.5 MT @ 11.0 g/t Au
Kremzar Cross Section
Drilling target
Kremzar Cross Section
GEOLOGY AND EXPLORATION
REGIONAL EXPLORATION: FINDING THE NEXT MINE
1,768 m: Macassa Mine (Kirkland Lake)
2,200 m: Hoyle Pond Mine (Goldcorp)
1,524 m: Golden Giant Mine (Barrick)

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1) Includes 1,165 ounces
produced from the Monique
Mine in January 2016.
2) Refer to the Non-IFRS
performance measures
contained in the MD&A for
the corresponding reporting
period.
3) Includes cash costs from the
Beaufor and Monique mines.
4) An exchange rate of 1.30
Canadian dollars to 1.0 US
dollar was used for 2017
guidance. Q1 2017 figures
are calculated using an
exchange rate of 1.3238.
5) Refer to full 2016 Reserve
and Resource information at
the end of this presentation.
BEAUFOR MINE & CAMFLO MILL
CANADIAN ASSETS IN QUEBEC
H2 2017 Increases in:
• Underground tpd
• Gold production
• Grade
2017 Plan
Continue to increase
mining in higher-
grade Q zone
Camflo Mill
1,200 tpd capacity
provides toll milling
opportunities
Q1 2017
Results
2017
Guidance
Gold production (oz) 5,629 23,000 - 27,000
Cash costs/oz (C$)(2) $1,265 $1,265 - $1,320
AISC per oz. (C$)(2) $1,580 $1,540 - $1,590
Cash costs/oz (US$)(2,4) $956 $975 - $1,015
AISC per oz. (US$)(2,4) $1,194 $1,185 - $1,225
Capital and Exploration
Q1 2017
Results
2017
Guidance
Sustaining Capital (C$M) $1.8 $6-7
Sustaining Capital (US$M) $1.4 $5-6
2016 Reserves and Resources(5) Grade g/t Gold Ounces
Proven & Probable Reserves 6.86 44,920
Measured & Indicated Resources 7.37 83,700
Inferred Resources 6.44 7,500

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Long-term value
Quality
asset base in Canada
Growing
production profile
Significant
exploration potential
Capital discipline &
shareholder returns
Low
shares outstanding
Decreasing
cost structure
Maximizing
per share valuation
Cash focus
Strong
Balance sheet
Favourable
CAD$ exposure
Growing
cash flow streams
ESTABLISHED CANADIAN GOLD PRODUCER
POSITIONING FOR SUSTAINABLE GROWTH
ontario

23. www.richmont-mines.com
APPENDIX

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MÉLISSA TARDIF
LLB
Lawyer and
Corporate Secretary
RICHMONT MINES
MANAGEMENT TEAM
RENAUD ADAMS
P. ENG
President and
Chief Executive
Officer
STEVE BURLETON
CFA, MBA
Vice-President,
Business Development
ROB CHAUSSE
CPA, CA
Chief Financial
Officer
CHRISTIAN BOURCIER
P. ENG
Vice-President,
Operations
NICOLE VEILLEUX
CPA, CA
Vice-President
Finance
ANNE DAY
MBA, ICD.D
Senior Vice-President,
Investor Relations
DANIEL ADAM
GEO PHD
Vice-President
Exploration

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RENÉ MARION
P. ENG
Chairman of the Board and
Chair of the Technical and
Corporate Responsibility
Committee
MICHAEL PESNER
CA
Director and Chair
of the Audit Committee
RENAUD ADAMS
P. ENG
Director, President and
Chief Executive Officer
PETER BARNES
CA
Director and Chair of the
Human Resources and
Compensation Committee
ELAINE ELLINGHAM
P. Geo., MBA
Director and Chair of
the Governance and
Nominating Committee
RICHMONT MINES
BOARD OF DIRECTORS

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1. Mineral Resources presented are exclusive of Mineral Reserves. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
2. Refer to NI 43-101 Technical Report for the Island Gold Mine dated March 20, 2017.
3. In 2016, based on a gold price of CAN$1,500/oz; in 2015, based on a gold price of US$1,080/oz and an exchange rate of CAN$1.2037 = US$1.00.
4. Monique Mineral Resources are located underground directly below the open-pit.
5. Underground Mineral Resources established as of December 31, 2012.
6. The Francoeur Mine closed in November 2012 and was sold in 2016.
Richmont Mines Mineral Reserve and
Resource1 Estimates
December 31, 2016 December 31, 2015
Tonnes Grade Gold
Ounces
Tonnes Grade Gold
Ounces(metric) (g/t Au) (metric) (g/t Au)
ISLAND GOLD MINE2
Proven Reserves3 573,000 8.68 159,800 363,500 7.53 87,900
Probable Reserves3 1,978,000 9.31 592,400 1,752,000 8.41 473,800
Total Proven & Probable Reserves3 2,551,000 9.17 752,200 2,115,500 8.26 561,700
Measured Resources 33,500 4.94 5,350 7,500 5.80 1,350
Indicated Resources 445,500 6.01 86,100 341,000 6.42 70,350
Total Measured & Indicated Resources 479,000 5.94 91,450 348,500 6.40 71,700
Total Inferred Resources 3,042,000 10.18 995,700 2,815,000 8.49 768,050
BEAUFOR MINE
Proven Reserves3 32,000 6.77 7,010 35,600 7.31 8,350
Probable Reserves3 171,500 6.87 37,910 266,500 6.48 55,500
Total Proven and Probable Reserves3 203,500 6.86 44,920 302,100 6.57 63,850
Measured Resources 53,000 6.27 10,700 109,000 5.32 18,600
Indicated Resources 300,000 7.57 73,000 734,000 6.50 153,300
Total Measured & Indicated Resources 353,000 7.37 83,700 843,000 6.34 171,900
Total Inferred Resources 36,000 6.44 7,500 135,000 6.44 28,000
MONIQUE MINE4
Indicated Resources 107,500 4.88 16,850 107,500 4.88 16,850
WASAMAC GOLD PROPERTY5
Measured Resources 3,124,500 2.75 276,550 3,124,500 2.75 276,550
Indicated Resources 12,127,000 2.89 1,125,700 12,127,000 2.89 1,125,700
Total Measured & Indicated Resources 15,251,500 2.86 1,402,250 15,251,500 2.86 1,402,250
Total Inferred Resources 18,759,000 2.66 1,605,400 18,759,000 2.66 1,605,400
FRANCOEUR GOLD PROPERTY6
Measured Resources - - - 40,000 5.89 7,600
Indicated Resources - - - 280,000 6.55 59,000
Total Measured & Indicated Resources - - - 320,000 6.47 66,600
Total Inferred Resources - - - 18,000 7.17 4,150
TOTAL RESERVES AND RESOURCES
Proven & Probable Reserves 2,754,500 9.00 797,120 2,417,600 8.05 625,550
Measured & Indicated Resources 16,191,000 3.06 1,594,250 16,870,500 3.19 1,729,300
Inferred Resources 21,837,000 3.72 2,608,600 21,727,000 3.44 2,405,600
RICHMONT MINES
MINERAL RESERVES AND RESOURCES

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Firm Name % O/S Shares Held City
Van Eck Associates Corporation 11.04 7,034,751 New York
Renaissance Technologies LLC 5.59 3,563,900 New York
RBC Global Asset Management Inc. 5.27 3,356,966 Toronto
Montrusco Bolton Investments Inc. 4.07 2,590,527 Montreal
Connor, Clark & Lunn Investment Management Ltd. 4.00 2,550,000 Vancouver
1832 Asset Management L.P. 3.87 2,466,900 Toronto
Sentry Investments Inc. 3.48 2,215,950 Toronto
BMO Asset Management Inc. 3.42 2,176,800 Toronto
OppenheimerFunds, Inc. 3.18 2,027,000 New York
CIBC Asset Management Inc. 2.04 1,302,030 Montreal
Sprott Asset Management LP 1.96 1,249,647 Toronto
Mackenzie Financial Corporation 1.92 1,222,900 Toronto
Tocqueville Asset Management LP 1.85 1,177,500 New York
Eterna Investment Management Inc. 1.73 1,100,000 Quebec City
Manulife Asset Management Limited 1.57 1,000,000 Toronto
Fidelity Management & Research Company 1.38 876,343 Boston
BlackRock Asset Management Canada Limited 1.37 875,000 Toronto
Dimensional Fund Advisors, L.P. 1.29 825,000 Austin
ZPR Investment Management Inc. 1.28 815,520 Orange City
Gabelli Funds, LLC 1.23 785,000 Rye
BlackRock Institutional Trust Company, N.A. 1.18 750,000 San Francisco
GWL Investment Management Ltd. 1.16 736,337 Winnipeg
Fonds de Solidarité FTQ 1.13 721,700 Montreal
O'Shaughnessy Asset Management, LLC 1.02 650,579 Stamford
Intact Investment Management Inc. 0.99 629,000 Toronto
As of June 5, 2017. Source: Nasdaq IR Insight
RICHMONT MINES
TOP INSTITUTIONAL SHAREHOLDERS

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New capping 225 g/t Au
Assays Island C Lower
ISLAND GOLD MINE
NEW CAPPING/ISLAND C LOWER ZONE July 6, 2016

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New capping 225 g/t Au
Assays Island C LowerLog Normal Probability Plot
ISLAND GOLD MINE
NEW CAPPING/ISLAND C LOWER ZONE
December 31, 2016

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ISLAND GOLD MINE
WESTERN LATERAL EXPLORATION

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(1) Refer to full 2015 Reserve and Resource information at the end of this presentation
Resources Tonnes
Grade
(g/t Au)
Gold
Ounces
Measured Resources 3,124,500 2.75 276,550
Indicated Resources 12,127,000 2.89 1,125,700
Inferred Resources 18,759,000 2.66 1,605,400
Base case parameters: Gold price per ounce of US$1,300 or
C$1,350 using a C$:US$ exchange rate of 1.04.
March 2012 PEA Summary
Mine life (years) 14
Daily mine production (tpd) 6,000
Total Production (Koz) 1,750
Average annual gold production (Koz) 140
Average cash operating cost (C$/t) 46
Average cash operating cost (C$/oz) 716
Total Capital (C$M) 680
NPV5% (C$M) 71
IRR(5%) (%) 7
• IRR of 14% at C$1,650/oz. gold
• (current 60-day avg. of ~C$1,660/oz)
• Potential to improve base case economics
• Potential technical and operational
enhancements
 Abitibi gold mining district
 15km west of Rouyn-Noranda, Quebec
 100% owned, no royalties
 Close proximity to existing infrastructure
 Significant exploration potential
 NI 43-101 PEAreleased in March 2012
WASAMAC
ADVANCED DEVELOPMENT PROJECT

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RICHMONT MINES ASSETS
VALD’OR AREA – EXPLORATION PROPERTIES
PROPERTY OPTION AGREEMENTS
 Monique: Probe Metals JV: potential 60% earn-in with $2.0M in exploration over 4 years
 Chimo: Chalice Gold JV: potential 70% earn-in with $3.1M in exploration over 4 years, with a total
option payment of C$ 200,000; 1% NSR to Richmont on claims with no existing royalty

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RICHMONT MINES ASSETS
TIMMINS AREA / EXPLORATION PROPERTIES

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Our vision is to become a leading intermediate gold producer focused on the
Americas generating superior per share valuation. We are committed to a “Sustainable
Business Model” and a strategy of long-term growth, and will fully utilize the
Corporation’s strong balance sheet, assets, cash flow, capital structure and the
extensive experience of the Corporations’ Board of Directors and Management Team to
build the next leading Canadian based intermediate gold company.
Our strategy in the short term, will focus on becoming a leading junior gold
producer by maintaining at all times a superior per share position on operational &
financial metrics while maintaining a sustainable and risk adverse approach under a
“Sustainable Business Model”.
We are guided by our core corporate values to achieve long term value for all of
our stakeholders. By cultivating a culture of responsible performance, we are focused
on operating in a sustainable manner while holding ourselves accountable to all of our
stakeholders.
RICHMONT MINES
OUR VISION AND STRATEGY

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RICHMONT MINES
OUR VALUES

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We believe in developing Richmont based
on the principles of sustainability,
in order to deliver sustainable and
superior value for all stakeholders
with low risk exposure
to precious metals.
Human Resources
Making work life sustainable through
employee health & safety and wellness
programs, improved supervisory & operational
planning/implementation practices and skills
through training programs. Develop potential
leadership abilities through leadership program.
Promote Life in Balance; family, work and
personal development.
Sustainable
Sustainable
Community Development
Leadership and consulting skills for
promoting comprehensive change
toward sustainability in communities and
developing world-class relationships
with Aboriginal communities.
Sustainable
Process Improvement
Reducing inefficiency and waste
through quality & performance
management by implementation of
“Lean” methods and balanced score
card approach. Advanced knowledge
and experience with energy efficiency,
sustainable waste systems & construction/
building practices.
Sustainable
Growth Principles
Developing sustainable exploration,
development, operational and financial
practices in order to deliver superior per share
value, mitigation/management of risk exposure
and discipline approach toward preserving best-
in-class balance sheet and capital structure.
RICHMONT MINES
SUSTAINABLE BUSINESS MODEL

37. www.richmont-mines.com