1. TSX – NYSE MKT: RIC
Third Quarter 2015 Financial Results
November 5, 2015
2. www.richmont-mines.com 2
FORWARD LOOKING STATEMENTS
Safe Harbor Statement & Cautionary Note to U.S. Investors Concerning
Resource Estimates
This presentation contains forward-looking statements that include risks and uncertainties. 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
periodic reports and annual notice.
The resource estimates in this presentation were prepared in accordance with 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.
U.S. Investors are urged to consider the disclosure in our annual report on Form 20-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.)
3. www.richmont-mines.com 3
ANOTHER SOLID PERFORMANCE FOR Q3
• Richmont delivers another
solid quarter
• Production on track for high end
of guidance; AISC mid-range of
guidance
• Strong cash balance of $76.5M
• Released PEA on Island Gold
• Potential to accelerate production and
lower AISC
• Expansion opportunity to 1,150tpd
• Announced 23,000m deep directional
drilling program at Island Gold
• Update on 17,000m surface drilling
program at Island Gold
• Mine life extension at Beaufor Q Zone
Q3
2015
9-months
2015
2015
Guidance
Gold produced (oz) 23,478 75,651 87,000-95,000
Gold sold (oz) 22,962 75,319
Cash cost per ounce (CAN$)(1) $926 $961 $935-$1,035
AISC (CAN$)(1) $1,311 $1,290 $1,335-$1,490
Cash cost per ounce (US$)(1) $707 $763 $750-$825
AISC (US$)(1) 1,001 1,024 $1,075-$1,190
(1) Refer to the Non-GAAP performance measures contained in the Q3 MD&A.
Q3 Highlights
-
200
400
600
800
1,000
1,200
-
20,000
40,000
60,000
80,000
100,000
120,000
FY-15 FY-16 FY-17 FY-18
Cashcostsperoz.(CAD$)
GoldProduction(oz)
Source: ThomsonOne consensus data
Production (oz) Cash Costs (CAD$/oz)
Growing Production and
Decreasing Cash Costs
10. www.richmont-mines.com 10
Development Ore vs. Unit Costs
$1,180
$1,534
1000
1100
1200
1300
1400
1500
1600
1700
1800
USD Gold CAD Gold
ISLAND GOLD: OPTIMIZING UNIT COSTS
$44
SG&A (20%)
2015 YTD Unit Cost Allocation
$139
MINING (62%)
$32
MILLING
(14%)
$8
ROYALTIES (4%)
Strong Leverage to Canadian Dollar
95% of Cash Outflows in CAD$
70% 65% 60% 55% 50% 45% 40% 35% 30% 25% 20% 15% 10% 5%
Q1 2015
(70%)
Q4 2014
(50%)
Q3 2015
$114/tonne
(46%) Q3 2014
(43%)
Q2 2015
(39%)
PEA (2017-2022)
$74/tonne
0
50
100
150
200
250
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
UnitMiningCAD$perTonne
PercentDevelopmentOre
Development Ore Unit Mining Costs
11. www.richmont-mines.com 11
ISLAND GOLD: PEA OVERVIEW
• Potential for increased production and lower AISC
0
200
400
600
800
1000
1200
Q4 2014 Q1 2015 Q2 2015 Q3 2015 Permitted
Capacity
Permitted Capacity 900tpd
Base Case 800tpd
• Phased approach with Phase 1 (800 tpd)
• Mining from a depth of 450 to 860 metres over three long-hole mining horizons
• Excludes resources above the 450 metre level, isolated resource blocks and parallel zones
• Avg. production of approx. 78,000 gold ounces per year from 2017 to 2022 at
$552/oz cash costs
• Potential Expansion case to 1,150 tpd in H1 2017
PEA Summary 2017-2022
Tonnes Milled (Mt) 1.7
Head Grade (g/t) 8.67
Mine life excl. transition period (years) 6
Daily mine production (tpd) 801
Gold recovery (%) 96.5
Production (Koz) 464.6
Average annual gold production (Koz) 78
Total operating cost ($M) 256
Average cash operating cost ($/t) 148
Average cash operating cost ($/oz) 552
Transition Period Project Capital 2015-16 ($M) 62
Sustaining Capital ($M) 40.5
Mill Expansion Opportunity
Expanded Case: 1,150tpd
