Richmont Mines is positioning itself for sustainable growth through its quality Canadian asset base and growing production profile. In 2017, Richmont expects gold production to increase up to 15% to 120,000 ounces, while cash costs per ounce are forecast to decrease up to 8% to $640. At the Island Gold Mine, reserves increased 34% to 752,000 ounces at an 11% higher grade of 9.17 g/t gold. An expansion case preliminary economic assessment is planned in Q2 2017 to evaluate increasing throughput to 1,100 tpd.
- Richmont Mines operates the high-grade Island Gold mine and Beaufor mine in Canada. In 2015, reserves increased 187% to 625,550 ounces of gold, with mine lives extended.
- At Island Gold, reserves grew 206% to 561,700 ounces with an average grade of 8.26 g/t and mine life of 7 years. A preliminary economic assessment outlines expansion potential.
- Beaufor reserves increased 95% to 63,850 ounces with a mine life over 2 years. Exploration continues to target additional resources at both mines.
- Richmont Mines provides a summary of its operational highlights for Q4 2016 and full-year 2016, noting it achieved record production and cash costs within revised guidance.
- The document discusses the Island Gold Mine specifically, noting 51% production increase over 2015 and 24% reduction in costs, with opportunities for further growth and decreasing costs profile.
- Preliminary estimates indicate potential for positive reserve adjustments at Island Gold from 2016 grade reconciliations being higher than the December 2015 reserve model.
This document discusses Richmont Mines' positioning for sustainable growth. It provides guidance for 2017 production and costs at its Island Gold and Beaufor mines. Island Gold is expected to produce 87,000-93,000 ounces at cash costs of $715-765/ounce. Exploration continues to expand reserves and resources at Island Gold laterally and at depth. The company has a strong cash position to fund its organic growth plan.
Richmont Mines is positioning itself for sustainable growth through its quality asset base in Canada including its growing production profile from the high-grade Island Gold Mine. The company is on track to meet or exceed revised 2016 guidance and has a strong balance sheet to fund its strategic growth plan. Recent exploration drilling continues to demonstrate potential for resource expansion at Island Gold laterally and at depth.
Richmont Mines is a Canadian gold mining company that has produced over 1.3 million ounces of gold from its operations in Canada since 1991. The document provides an overview of Richmont Mines, including financial results for Q2 2013 and fiscal year 2012, recent developments in 2013 including the completion of bulk samples and securing financing, and reviews of operations at the Island Gold and Beaufor mines. The Island Gold mine has produced over 225,000 ounces of gold since 2007 and drilling is planned to expand reserves and resources. The Beaufor mine has produced over 500,000 ounces since 1996 and objectives are to lower costs and advance development of the W Zone.
Richmont Mines owns and operates the Island Gold gold mine in Ontario, Canada. In 2015, Island Gold is forecast to produce 45,000-50,000 ounces of gold at a cash cost of $935-1,035 per ounce. Recent drilling below the mine discovered a new zone containing over 1 million ounces of high-grade gold mineralization that remains open along strike and at depth. Development is underway to access this new zone and increase production at Island Gold in coming years.
Richmont Mines held a technical session to provide an overview of their assets and operations. Their Island Gold mine in Ontario saw record gold production in Q1 2016 and has an increased reserve estimate extending the mine life to 7 years. Exploration potential exists to further expand resources laterally and at depth. The Beaufor mine reserve also increased by 95%, extending the mine life to over 2 years, with continued development of the Q Zone. Overall reserves across both mines increased 187% in 2015. The presentation provided details on geology, production history and future plans to continue growing as a leading intermediate gold producer in Canada.
The document discusses Richmont Mines' Island Gold Mine and its positioning for growth. It summarizes that Q3 production was in line with expectations and there continues to be a positive reconciliation to reserves of 37% year-to-date. It also outlines opportunities to increase production capacity at Island Gold through a preliminary economic assessment exploring expansion scenarios to 1,100 or 1,200 tonnes per day.
- Richmont Mines operates the high-grade Island Gold mine and Beaufor mine in Canada. In 2015, reserves increased 187% to 625,550 ounces of gold, with mine lives extended.
- At Island Gold, reserves grew 206% to 561,700 ounces with an average grade of 8.26 g/t and mine life of 7 years. A preliminary economic assessment outlines expansion potential.
- Beaufor reserves increased 95% to 63,850 ounces with a mine life over 2 years. Exploration continues to target additional resources at both mines.
- Richmont Mines provides a summary of its operational highlights for Q4 2016 and full-year 2016, noting it achieved record production and cash costs within revised guidance.
- The document discusses the Island Gold Mine specifically, noting 51% production increase over 2015 and 24% reduction in costs, with opportunities for further growth and decreasing costs profile.
- Preliminary estimates indicate potential for positive reserve adjustments at Island Gold from 2016 grade reconciliations being higher than the December 2015 reserve model.
This document discusses Richmont Mines' positioning for sustainable growth. It provides guidance for 2017 production and costs at its Island Gold and Beaufor mines. Island Gold is expected to produce 87,000-93,000 ounces at cash costs of $715-765/ounce. Exploration continues to expand reserves and resources at Island Gold laterally and at depth. The company has a strong cash position to fund its organic growth plan.
Richmont Mines is positioning itself for sustainable growth through its quality asset base in Canada including its growing production profile from the high-grade Island Gold Mine. The company is on track to meet or exceed revised 2016 guidance and has a strong balance sheet to fund its strategic growth plan. Recent exploration drilling continues to demonstrate potential for resource expansion at Island Gold laterally and at depth.
Richmont Mines is a Canadian gold mining company that has produced over 1.3 million ounces of gold from its operations in Canada since 1991. The document provides an overview of Richmont Mines, including financial results for Q2 2013 and fiscal year 2012, recent developments in 2013 including the completion of bulk samples and securing financing, and reviews of operations at the Island Gold and Beaufor mines. The Island Gold mine has produced over 225,000 ounces of gold since 2007 and drilling is planned to expand reserves and resources. The Beaufor mine has produced over 500,000 ounces since 1996 and objectives are to lower costs and advance development of the W Zone.
Richmont Mines owns and operates the Island Gold gold mine in Ontario, Canada. In 2015, Island Gold is forecast to produce 45,000-50,000 ounces of gold at a cash cost of $935-1,035 per ounce. Recent drilling below the mine discovered a new zone containing over 1 million ounces of high-grade gold mineralization that remains open along strike and at depth. Development is underway to access this new zone and increase production at Island Gold in coming years.
Richmont Mines held a technical session to provide an overview of their assets and operations. Their Island Gold mine in Ontario saw record gold production in Q1 2016 and has an increased reserve estimate extending the mine life to 7 years. Exploration potential exists to further expand resources laterally and at depth. The Beaufor mine reserve also increased by 95%, extending the mine life to over 2 years, with continued development of the Q Zone. Overall reserves across both mines increased 187% in 2015. The presentation provided details on geology, production history and future plans to continue growing as a leading intermediate gold producer in Canada.
The document discusses Richmont Mines' Island Gold Mine and its positioning for growth. It summarizes that Q3 production was in line with expectations and there continues to be a positive reconciliation to reserves of 37% year-to-date. It also outlines opportunities to increase production capacity at Island Gold through a preliminary economic assessment exploring expansion scenarios to 1,100 or 1,200 tonnes per day.
This document provides safety guidelines and procedures for visitors touring the Island Gold Mine. It outlines what personal protective equipment is required, such as hard hats, safety glasses, and steel-toed boots. It instructs visitors to stay with their guide at all times and not to engage in horseplay. Emergency procedures are also described, such as remaining calm and following a guide's instructions. The second part of the document discusses underground safety requirements like tagging in/out and using three points of contact to enter/exit vehicles. Medical assistance is available at all times during the tour.
This document provides information about Richmont Mines' Island Gold Mine, including:
- An agenda for a site visit that includes presentations on workforce health and safety, sustainability, geology, operations, and development plans.
- Safety protocols and inductions for underground visits and surface areas.
- Maps showing the mine's location, infrastructure, mineralized zones, and land tenure.
- Charts presenting the management team, 2015 development plans, 2015 production guidance, and workforce statistics.
The document provides safety guidelines for an analyst site tour of Island Gold Mine. It outlines personal protective equipment requirements and safety procedures both above and underground. Special safety requirements are needed for underground, including tagging in/out and using three points of contact for vehicles. Island Gold had a record first quarter in 2016 with higher than planned gold production and grades mined, due to a positive grade reconciliation and increased development in a second, higher-grade mining horizon.
This document is the annual report from Richmont Mines Inc. for its 2014 annual meeting. It discusses Richmont's operations in Ontario and Quebec, with the Island Gold Mine and Beaufor Mine being the primary operations. In 2014, Richmont saw increases in gold sales, earnings, operating cash flow, and ended the year with a strong balance sheet and cash position. It also oversaw development work to expand mining deeper levels at Island Gold. The report provides production and cost guidance for 2015.
This document provides an overview of Richmont Mines' positioning for sustainable growth through its Island Gold Mine. Key points include:
- Island Gold is a high-grade, low-cost underground mine in Canada that produced nearly 50,000 ounces in the first half of 2017 at a cash cost of $563/ounce.
- The mine is ramping up to an expanded capacity of 1,100 tonnes per day and has potential for further expansion beyond 150,000 ounces annual production.
- An expansion case preliminary economic assessment outlines a capital-efficient expansion with low costs and robust cash flows to support 22% production growth.
- Exploration success provides additional growth opportunities through 750,000 ounces of inferred
This document provides an overview of Richmont Mines Inc., a Canadian gold mining company. It discusses Richmont's asset base in Canada including its Island Gold, Beaufor, and Monique mines. The document highlights Richmont's growing production profile, decreasing cost structure, and significant exploration potential. It also summarizes a preliminary economic assessment for expanding the Island Gold mine which could increase production and lower costs.
The document summarizes Richmont Mines' second quarter 2015 results. Key points include:
- Gold production of 26,314 ounces for Q2 2015 and 52,173 ounces for the first half of 2015.
- Cash costs of $974/oz for Q2 2015 and $976/oz for the first half of 2015.
- Focus on developing the Island Gold mine, including $48.3 million planned for 2015 for development, drilling and studies to expand resources and reserves.
The document discusses Guyana Goldfields Inc., an operating gold mine in Guyana. It provides an overview of the company's 2017 performance and guidance, including producing over 150,000 ounces of gold in its first year of commercial production. It outlines plans to expand production to over 200,000 ounces annually by 2018 through mill expansions. The document also highlights the company's large land holdings in an underexplored greenstone belt that provides potential for additional discoveries near its existing Aurora mine to provide organic growth.
Richmont Mines is positioned for sustainable growth with a quality asset base in Canada. Their reserves increased 187% in 2015, extending the mine life at Island Gold to 7 years and Beaufor to over 2 years. At Island Gold, they plan to increase production to 78,000 ounces annually from 2017-2022 at lower costs through expansion and exploration. Richmont has a strong balance sheet, low shares outstanding, and exposure to the favorable Canadian dollar to support their strategic growth plan through increasing production and cash flow.
1) The document discusses Richmont Mines' positioning for sustainable growth through its quality asset base in Canada including the Island Gold and Beaufor mines.
2) At Island Gold, production is expected to grow from 45,000-50,000 ounces in 2015 to an average of 78,000 ounces per year from 2017-2022 according to a PEA study. Costs are also expected to decrease.
3) Exploration drilling is planned around Island Gold to expand reserves and resources laterally and at depth.
Richmont Mines owns the Island Gold mine in Ontario, Canada. Exploration drilling at Island Gold has highlighted the potential for further mineral resources and reserves at depth. Infrastructure development has advanced with the main ramp extending to 660 meters and a secondary eastern ramp to 470 meters. Based on drilling results, estimated mineral reserves were established below 400 meters depth containing over 90,000 ounces of gold. The mine produced over 10,000 ounces of gold in the first quarter of 2015 and is forecast to produce between 45,000 to 50,000 ounces for the full year.
Richmont Mines is positioning its Island Gold mine in Ontario, Canada for game-changing growth. In 2015, the company plans to spend $48.3 million at Island Gold, including $19.1 million on sustaining capital and $29.2 million on projects and exploration. This investment aims to transform Island Gold into a longer-life, higher-production mine through underground ramp and drill development, exploration drilling, and mining and milling studies.
The document provides an overview of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. Key highlights include record gold production in Q1 2016 at the Island Gold mine, increasing reserves at Island Gold by 206% and extending its mine life to 7 years, and outlining a $29 million Phase 2 exploration program and organic growth plan to further unlock the potential at Island Gold.
- Richmont Mines is a Canadian gold mining company that has been producing gold since 1991, with over 1.4 million ounces produced to date.
- It currently operates the Island Gold Mine in Ontario and the Beaufor Mine and Monique Mine properties in Quebec.
- For 2014, Richmont Mines is targeting gold production of 75,000-85,000 ounces and had produced 48,171 ounces in the first half of 2014.
- A key asset is the Island Gold Mine, which has produced over 303,000 ounces of gold since 2007 and for which Richmont Mines is developing a new 1.1 million ounce inferred resource below the existing mine.
Richmont Mines is a Canadian gold producer with quality assets in Canada. In Q1 2016, Island Gold mine achieved record production of 26,589 ounces at a cash cost of $674 per ounce. A preliminary economic assessment for Island Gold outlined an average annual production rate of 78,000 ounces per year from 2017-2022 at a cash cost of $552 per ounce. The assessment indicated potential for expanded production up to 1,150 tonnes per day pending a decision in first half of 2017. Richmont has a strong balance sheet with $61.2 million in cash and $9 million in debt to support its growth plans.
Richmont Mines London Marketing PresentationRichmontIR
This document provides an overview of Richmont Mines Inc., including:
- Forward-looking statements about factors that could impact results and risks to US investors regarding resource estimates.
- Key details about Richmont's asset base, production profile, cost structure, exploration potential, and financial position.
- Summaries of its three main operations - Island Gold, Beaufor, and Monique/Camflo - including recent performance, growth plans, and exploration activities.
Richmont Mines provides guidance for 2015, forecasting gold sales of 78,000-88,000 ounces at an all-in sustaining cost of $1,335-$1,490 per ounce. At their Island Gold Mine, located in Ontario, the company forecasts production of 45,000-50,000 ounces at an all-in sustaining cost of $1,350-$1,495 per ounce. Richmont recently discovered a high-grade zone below the Island Gold Mine containing over 1 million ounces of gold resources.
The document provides an agenda for an Island Gold Technical Session, which will include presentations on: the corporate overview and key highlights; evolution of the Island Gold Mine geology and exploration; an expansion case preliminary economic assessment; the underground mine plan and operating/capital costs; the milling plan and operating/capital costs; a financial analysis; next steps and upside opportunities; and a question and answer period. It also provides background on Richmont Mines' vision, strategy, capital structure, Island Gold's 2016 performance, reserve and resource growth, and 2017 production/cost guidance.
Richmont Mines is positioning for sustainable growth with its quality asset base in Canada. The document discusses Richmont's operational highlights, including strong production at its Island Gold mine that is on track to meet or exceed guidance. It also summarizes the capital structure and provides details on opportunities to increase production and reduce costs at Island Gold through returning to a lower development ore ratio and potential mill expansions.
1) The document discusses Richmont Mines' positioning for sustainable growth through its quality asset base in Canada including the Island Gold and Beaufor mines.
2) At Island Gold, production is expected to grow from 45,000-50,000 ounces in 2015 to an average of 78,000 ounces per year from 2017-2022 according to a PEA study. Cash costs are also expected to decrease.
3) Exploration drilling is planned around Island Gold to expand reserves and resources laterally and at depth as well as regionally.
- Richmont Mines has a quality asset base in Canada including its Island Gold and Beaufor mines, with a growing production profile and decreasing cost structure.
- In 2015, mineral reserves increased 187% overall, with a 206% increase at Island Gold and a 95% increase at Beaufor, extending mine lives.
- At Island Gold, a preliminary economic assessment outlined an average annual production of 78,000 ounces of gold from 2017-2022 at cash costs of C$552/oz. An expansion to 1,150 tpd is being considered.
- For 2016, consolidated gold production is estimated at 87,000-97,000 ounces at cash costs of C$930-C$1,000
- Richmont Mines is positioned for sustainable growth with a quality asset base in Canada including its Island Gold and Beaufor mines. In 2015, mineral reserves increased 187% to over 625,000 ounces of gold.
- Production is expected to grow while costs decrease. Island Gold mine life was increased to 7 years with exploration potential to expand resources.
- The company has a strong balance sheet with $61 million in cash and low debt to fund growth from expanding production and reducing costs at Island Gold and Beaufor.
This document provides safety guidelines and procedures for visitors touring the Island Gold Mine. It outlines what personal protective equipment is required, such as hard hats, safety glasses, and steel-toed boots. It instructs visitors to stay with their guide at all times and not to engage in horseplay. Emergency procedures are also described, such as remaining calm and following a guide's instructions. The second part of the document discusses underground safety requirements like tagging in/out and using three points of contact to enter/exit vehicles. Medical assistance is available at all times during the tour.
This document provides information about Richmont Mines' Island Gold Mine, including:
- An agenda for a site visit that includes presentations on workforce health and safety, sustainability, geology, operations, and development plans.
- Safety protocols and inductions for underground visits and surface areas.
- Maps showing the mine's location, infrastructure, mineralized zones, and land tenure.
- Charts presenting the management team, 2015 development plans, 2015 production guidance, and workforce statistics.
The document provides safety guidelines for an analyst site tour of Island Gold Mine. It outlines personal protective equipment requirements and safety procedures both above and underground. Special safety requirements are needed for underground, including tagging in/out and using three points of contact for vehicles. Island Gold had a record first quarter in 2016 with higher than planned gold production and grades mined, due to a positive grade reconciliation and increased development in a second, higher-grade mining horizon.
This document is the annual report from Richmont Mines Inc. for its 2014 annual meeting. It discusses Richmont's operations in Ontario and Quebec, with the Island Gold Mine and Beaufor Mine being the primary operations. In 2014, Richmont saw increases in gold sales, earnings, operating cash flow, and ended the year with a strong balance sheet and cash position. It also oversaw development work to expand mining deeper levels at Island Gold. The report provides production and cost guidance for 2015.
This document provides an overview of Richmont Mines' positioning for sustainable growth through its Island Gold Mine. Key points include:
- Island Gold is a high-grade, low-cost underground mine in Canada that produced nearly 50,000 ounces in the first half of 2017 at a cash cost of $563/ounce.
- The mine is ramping up to an expanded capacity of 1,100 tonnes per day and has potential for further expansion beyond 150,000 ounces annual production.
- An expansion case preliminary economic assessment outlines a capital-efficient expansion with low costs and robust cash flows to support 22% production growth.
- Exploration success provides additional growth opportunities through 750,000 ounces of inferred
This document provides an overview of Richmont Mines Inc., a Canadian gold mining company. It discusses Richmont's asset base in Canada including its Island Gold, Beaufor, and Monique mines. The document highlights Richmont's growing production profile, decreasing cost structure, and significant exploration potential. It also summarizes a preliminary economic assessment for expanding the Island Gold mine which could increase production and lower costs.
The document summarizes Richmont Mines' second quarter 2015 results. Key points include:
- Gold production of 26,314 ounces for Q2 2015 and 52,173 ounces for the first half of 2015.
- Cash costs of $974/oz for Q2 2015 and $976/oz for the first half of 2015.
- Focus on developing the Island Gold mine, including $48.3 million planned for 2015 for development, drilling and studies to expand resources and reserves.
The document discusses Guyana Goldfields Inc., an operating gold mine in Guyana. It provides an overview of the company's 2017 performance and guidance, including producing over 150,000 ounces of gold in its first year of commercial production. It outlines plans to expand production to over 200,000 ounces annually by 2018 through mill expansions. The document also highlights the company's large land holdings in an underexplored greenstone belt that provides potential for additional discoveries near its existing Aurora mine to provide organic growth.
Richmont Mines is positioned for sustainable growth with a quality asset base in Canada. Their reserves increased 187% in 2015, extending the mine life at Island Gold to 7 years and Beaufor to over 2 years. At Island Gold, they plan to increase production to 78,000 ounces annually from 2017-2022 at lower costs through expansion and exploration. Richmont has a strong balance sheet, low shares outstanding, and exposure to the favorable Canadian dollar to support their strategic growth plan through increasing production and cash flow.
1) The document discusses Richmont Mines' positioning for sustainable growth through its quality asset base in Canada including the Island Gold and Beaufor mines.
2) At Island Gold, production is expected to grow from 45,000-50,000 ounces in 2015 to an average of 78,000 ounces per year from 2017-2022 according to a PEA study. Costs are also expected to decrease.
3) Exploration drilling is planned around Island Gold to expand reserves and resources laterally and at depth.
Richmont Mines owns the Island Gold mine in Ontario, Canada. Exploration drilling at Island Gold has highlighted the potential for further mineral resources and reserves at depth. Infrastructure development has advanced with the main ramp extending to 660 meters and a secondary eastern ramp to 470 meters. Based on drilling results, estimated mineral reserves were established below 400 meters depth containing over 90,000 ounces of gold. The mine produced over 10,000 ounces of gold in the first quarter of 2015 and is forecast to produce between 45,000 to 50,000 ounces for the full year.
Richmont Mines is positioning its Island Gold mine in Ontario, Canada for game-changing growth. In 2015, the company plans to spend $48.3 million at Island Gold, including $19.1 million on sustaining capital and $29.2 million on projects and exploration. This investment aims to transform Island Gold into a longer-life, higher-production mine through underground ramp and drill development, exploration drilling, and mining and milling studies.
The document provides an overview of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. Key highlights include record gold production in Q1 2016 at the Island Gold mine, increasing reserves at Island Gold by 206% and extending its mine life to 7 years, and outlining a $29 million Phase 2 exploration program and organic growth plan to further unlock the potential at Island Gold.
- Richmont Mines is a Canadian gold mining company that has been producing gold since 1991, with over 1.4 million ounces produced to date.
- It currently operates the Island Gold Mine in Ontario and the Beaufor Mine and Monique Mine properties in Quebec.
- For 2014, Richmont Mines is targeting gold production of 75,000-85,000 ounces and had produced 48,171 ounces in the first half of 2014.
- A key asset is the Island Gold Mine, which has produced over 303,000 ounces of gold since 2007 and for which Richmont Mines is developing a new 1.1 million ounce inferred resource below the existing mine.
Richmont Mines is a Canadian gold producer with quality assets in Canada. In Q1 2016, Island Gold mine achieved record production of 26,589 ounces at a cash cost of $674 per ounce. A preliminary economic assessment for Island Gold outlined an average annual production rate of 78,000 ounces per year from 2017-2022 at a cash cost of $552 per ounce. The assessment indicated potential for expanded production up to 1,150 tonnes per day pending a decision in first half of 2017. Richmont has a strong balance sheet with $61.2 million in cash and $9 million in debt to support its growth plans.
Richmont Mines London Marketing PresentationRichmontIR
This document provides an overview of Richmont Mines Inc., including:
- Forward-looking statements about factors that could impact results and risks to US investors regarding resource estimates.
- Key details about Richmont's asset base, production profile, cost structure, exploration potential, and financial position.
- Summaries of its three main operations - Island Gold, Beaufor, and Monique/Camflo - including recent performance, growth plans, and exploration activities.
Richmont Mines provides guidance for 2015, forecasting gold sales of 78,000-88,000 ounces at an all-in sustaining cost of $1,335-$1,490 per ounce. At their Island Gold Mine, located in Ontario, the company forecasts production of 45,000-50,000 ounces at an all-in sustaining cost of $1,350-$1,495 per ounce. Richmont recently discovered a high-grade zone below the Island Gold Mine containing over 1 million ounces of gold resources.
The document provides an agenda for an Island Gold Technical Session, which will include presentations on: the corporate overview and key highlights; evolution of the Island Gold Mine geology and exploration; an expansion case preliminary economic assessment; the underground mine plan and operating/capital costs; the milling plan and operating/capital costs; a financial analysis; next steps and upside opportunities; and a question and answer period. It also provides background on Richmont Mines' vision, strategy, capital structure, Island Gold's 2016 performance, reserve and resource growth, and 2017 production/cost guidance.
Richmont Mines is positioning for sustainable growth with its quality asset base in Canada. The document discusses Richmont's operational highlights, including strong production at its Island Gold mine that is on track to meet or exceed guidance. It also summarizes the capital structure and provides details on opportunities to increase production and reduce costs at Island Gold through returning to a lower development ore ratio and potential mill expansions.
1) The document discusses Richmont Mines' positioning for sustainable growth through its quality asset base in Canada including the Island Gold and Beaufor mines.
2) At Island Gold, production is expected to grow from 45,000-50,000 ounces in 2015 to an average of 78,000 ounces per year from 2017-2022 according to a PEA study. Cash costs are also expected to decrease.
3) Exploration drilling is planned around Island Gold to expand reserves and resources laterally and at depth as well as regionally.
- Richmont Mines has a quality asset base in Canada including its Island Gold and Beaufor mines, with a growing production profile and decreasing cost structure.
- In 2015, mineral reserves increased 187% overall, with a 206% increase at Island Gold and a 95% increase at Beaufor, extending mine lives.
- At Island Gold, a preliminary economic assessment outlined an average annual production of 78,000 ounces of gold from 2017-2022 at cash costs of C$552/oz. An expansion to 1,150 tpd is being considered.
- For 2016, consolidated gold production is estimated at 87,000-97,000 ounces at cash costs of C$930-C$1,000
- Richmont Mines is positioned for sustainable growth with a quality asset base in Canada including its Island Gold and Beaufor mines. In 2015, mineral reserves increased 187% to over 625,000 ounces of gold.
- Production is expected to grow while costs decrease. Island Gold mine life was increased to 7 years with exploration potential to expand resources.
- The company has a strong balance sheet with $61 million in cash and low debt to fund growth from expanding production and reducing costs at Island Gold and Beaufor.
- Richmont Mines operates the high-grade Island Gold mine and Beaufor mine in Canada. In 2015, reserves increased 187% to 625,550 ounces of gold, with mine lives extended.
- At Island Gold, reserves grew 206% to 561,700 ounces with an average grade of 8.26 g/t and mine life of 7 years. A preliminary economic assessment outlines expansion potential.
- Beaufor reserves increased 95% to 63,850 ounces with a mine life over 2 years. Exploration continues to target additional resources at both mines.
- Richmont has a strong balance sheet, low shares outstanding, and is well positioned for sustainable production and cost profile improvements in 2016 and beyond.
The document discusses Richmont Mines' positioning for sustainable growth through its Canadian mining operations. Key points include:
- Reserves at Island Gold and Beaufor mines increased 187% in 2015, extending mine lives.
- Island Gold produced a record in Q1 2016 and guidance forecasts increasing production with declining costs. An expansion could increase throughput.
- A preliminary economic assessment outlines a multi-year plan to increase average annual production at Island Gold to 78,000 ounces at lower costs.
- Exploration programs aim to expand resources and discover new zones at both core mines and regionally around Island Gold.
Richmont Mines Inc. is a gold mining company with operations in Quebec, Ontario, and Newfoundland. In the second quarter of 2012, Richmont Mines sold 14,611 ounces of gold at an average cash cost of $1,091 per ounce and an average selling price of $1,608 per ounce. Richmont's two main operations are the Beaufor Mine in Quebec and the Island Gold Mine in Ontario. At Beaufor, production is expected to be between 20,000-25,000 ounces in 2012 and 2013, while deep drilling at Island Gold shows potential to expand resources below current mining operations.
Richmont Mines provides a summary of its Island Gold Mine, including highlights from 2014 and plans for 2015. In 2014, exploration drilling indicated potential to extend the mine at depth and infrastructure development advanced significantly. Estimated reserves were also established below -400 meters. For 2015, Richmont plans a significant $48 million investment at Island Gold, including $29 million for project and exploration costs, to transform the mine into a long-life, high-production, low-cost operation.
The document discusses Richmont Mines' assets and growth strategy. It summarizes that in Q1 2016:
- Richmont saw record gold production at its Island Gold mine in Ontario.
- Mineral reserves increased 187% overall since 2012, with a 206% increase at Island Gold.
- Cash costs are declining and production is expected to increase further under the preliminary economic assessment outlined for Island Gold, which envisions average annual production of 78,000 ounces of gold from 2017-2022.
Richmont Mines provides guidance for 2017 that projects a potential increase in gold production of up to 15% compared to 2016 levels, and a potential decrease in costs of up to 8%. Key objectives for 2017 include completing a positive expansion case preliminary economic assessment for the Island Gold Mine and continuing reserve and resource growth through exploration. Guidance forecasts 2017 production of 110,000-120,000 ounces of gold with cash costs per ounce of $640-$680 in US dollars.
- Richmont Mines is positioning its Island Gold Mine in Ontario for transformational growth through increased development and exploration.
- In 2015, the company plans to spend $48 million at Island Gold, including $29 million for project development and exploration to extend mine life at depth.
- Goals for 2015 include completing underground development including ramps and drilling to upgrade and expand resources below 500 meters depth. Mining and milling studies will evaluate options to increase production long-term.
Richmont Mines reported its second quarter 2017 financial results. Key highlights include:
- Solid production of 31,249 ounces of gold and record low costs at the Island Gold Mine.
- Net earnings of $0.17 per share and operating cash flow of $0.39 per share.
- Cash position of $96 million, increased from prior quarter.
- Exploration success extending mineralization further down plunge at Island Gold.
- Expansion Case PEA supports increasing Island Gold production by 22% with low capital costs.
Richmont Mines reported financial and operating results for the fourth quarter and full year of 2015. Key highlights include:
- Annual gold production of 98,031 ounces exceeded guidance and AISC was in line with guidance.
- Island Gold mine set another production record in 2015 with 55,040 ounces, a 54% increase since 2013. Mineral reserves at Island Gold increased 206% to 561,700 ounces.
- Beaufor mine life was extended to over 2 years based on a 95% increase in mineral reserves to 63,850 ounces.
- Cash position of $61 million at year-end supports the company's growth plan.
- 2016 production guidance is 87,000 to
- Richmont Mines reported fourth quarter and full year 2016 financial results on February 21, 2017.
- In 2016, the company achieved record annual gold production of 104,050 ounces, at the high end of guidance. Cash costs for the year were $908 per ounce sold, within guidance.
- At the Island Gold Mine, production was 83,323 ounces for 2016, exceeding the revised guidance range. Cash costs of $779 per ounce were below the revised guidance range.
- The company reported a strong cash position of $75.1 million as of December 31, 2016 and expects a growing cash flow stream to support a potential expansion at Island Gold.
The document summarizes Richmont Mines' second quarter 2015 results. Key points include:
- Gold production of 26,314 ounces for Q2 2015 and 52,173 ounces for the first half of 2015.
- Cash costs of $974/oz for Q2 2015 and $976/oz for the first half of 2015.
- Focus on developing the Island Gold mine, including $48.3 million planned for 2015 for development, drilling and studies to expand resources and reserves.
- Richmont Mines is a Canadian gold mining company that has been producing gold since 1991, with over 1.4 million ounces produced to date.
- It currently operates the Island Gold Mine in Ontario and the Beaufor Mine and Monique Mine properties in Quebec.
- For 2014, Richmont Mines is targeting gold production of 75,000-85,000 ounces and had produced 48,171 ounces in the first half of 2014.
- A key asset is the Island Gold Mine, which has produced over 303,000 ounces of gold since 2007 and for which Richmont Mines is developing a new 1.1 million ounce inferred resource below the existing mine.
This document provides a summary of a technical session presentation by Richmont Mines on positioning for sustainable growth at their Island Gold mine. The presentation discusses Richmont's vision and strategy, provides an overview of their sustainable business model and capital structure, and reviews operational and financial results for their Island Gold mine. It also summarizes preliminary economic assessments that have been conducted to evaluate expanding mining operations at Island Gold deeper between 450 and 860 levels based on indicated and inferred resources in that area.
1) Richmont Mines is a Canadian gold mining company with quality assets in Canada, including the Island Gold and Beaufor mines.
2) In 2015, Richmont achieved record revenues and strong operating cash flow, maintained a low debt level, and increased reserves at both mines.
3) For Island Gold, reserves increased 206% and mine life was extended to 7 years, while average annual production is forecast to increase to over 78,000 ounces through 2022 at lower costs.
The document summarizes Richmont Mines' positioning for sustainable growth through 2024. Key points include:
- The Island Gold Mine is expected to increase production to 125,000 ounces annually by 2019-2024 through a preliminary economic assessment to expand operations to 1,100 tonnes per day.
- The expansion case PEA indicates the project could generate strong cash flows and returns on investment at various gold price scenarios.
- Recent exploration success and delineation drilling indicate potential to further expand reserves at Island Gold at higher grades.
- Guidance for 2017 forecasts increased production and declining costs at Island Gold and the company overall.
The document provides an overview of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. Key highlights include record gold production in Q1 2016 at the Island Gold mine, increasing reserves at Island Gold by 206% and extending its mine life to 7 years, and outlining a $29 million Phase 2 exploration program and organic growth plan to further unlock the potential at Island Gold.
This document provides an overview of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. Key points include: Q2 production of 23,320 ounces of gold at cash costs of $903 per ounce; reserves increasing 187% at Island Gold mine and 95% at Beaufor mine; Island Gold mine life extended to 7 years with 3 years of mine life pre-developed; and ongoing exploration programs aimed at further expanding resources and mine life at Island Gold.
The document discusses Richmont Mines' Island Gold mine. It notes that in Q1 2016 the mine achieved record production and had a positive grade reconciliation of 44%. The mine life at Island Gold has increased to over 7 years based on 2015 reserves. A preliminary economic assessment for Island Gold outlined average annual production of 78,000 ounces of gold from 2017-2022 at cash costs of C$552 per ounce. The assessment also presented an expanded capacity scenario to 1,150 tonnes per day which could further increase production and lower costs.
Richmont Mines is a Canadian gold producer with quality assets in Canada. In Q1 2016, Island Gold mine achieved record production of 26,589 ounces at a cash cost of $674 per ounce. A preliminary economic assessment for Island Gold outlined an average annual production rate of 78,000 ounces per year from 2017-2022 at a cash cost of $552 per ounce. The assessment indicated potential for expanded production up to 1,150 tonnes per day pending a decision in first half of 2017. Richmont has a strong balance sheet with $61.2 million in cash and $9 million in debt to support its growth plans.
The document discusses Richmont Mines' operations and growth strategy. In Q1 2016, Richmont saw record production at its Island Gold mine in Canada and increased reserves by 206% there, extending the mine life to over 7 years. It also increased reserves 95% at its Beaufor mine in Canada. Richmont is pursuing expansion opportunities at Island Gold, with a preliminary economic assessment indicating potential for increased average annual production of 78,000 ounces of gold at lower costs through 2022. The company had C$61.2 million in cash as of March 31, 2016 to fund its strategic growth plans.
1) Richmont Mines is a Canadian gold mining company with quality assets in Canada, including the Island Gold and Beaufor mines.
2) In 2015, Richmont achieved record revenues and strong operating cash flow, maintained a low debt level, and increased reserves at both mines.
3) For Island Gold, reserves increased 206% and mine life was extended to 7 years, while average annual production is forecast to increase to 78,000 ounces per year from 2017-2022 at lower costs according to a PEA.
The document provides an overview of Richmont Mines' first quarter 2017 financial results and operations. Key highlights include:
- Solid production of 29,401 ounces of gold and costs in line with guidance.
- Island Gold Mine performed well with 23,772 ounces produced at low costs.
- Cash position of $75.2 million and expected cash flows will fund potential mill expansion at Island Gold.
- Expansion Case PEA for Island Gold Mine expected in Q2 2017 and aims to optimize cash flow generation.
Richmont Mines reported third quarter 2016 financial results and operational highlights. Key points include:
- In-line production at Island Gold mine in Q3, with positive reconciliation of 37% compared to reserves.
- Beaufor mine production was lower due to equipment availability issues, but costs are expected to decrease as higher grade stoping increases.
- Strong cash position of $78.9 million to fund potential expansion at Island Gold to 1,100 tpd production.
- Near-mine drilling continuing to expand resources at Island Gold to incorporate in expansion study in H1 2017.
Richmont Mines is positioned for sustainable growth with a quality asset base in Canada. Their reserves increased 187% in 2015, extending the mine life at Island Gold to 7 years and Beaufor to over 2 years. At Island Gold, they plan to increase production to 78,000 ounces annually from 2017-2022 at lower costs through expansion and exploration. Richmont has a strong balance sheet, low shares outstanding, and exposure to the favorable Canadian dollar to support their strategic growth plan through increasing production and cash flow.
This document provides an overview of Richmont Mines Inc. and its Island Gold Mine. It discusses Richmont's vision, strategy, and assets. For Island Gold, it summarizes the geology, reserves and resources, operations, exploration potential, and 2016 guidance. Reserves at Island Gold increased 206% to 561,700 ounces, extending the mine life to 7 years. Operations are expected to produce 62,000-67,000 ounces in 2016 at lower costs than in 2015. Exploration aims to expand resources laterally and at depth.
This document provides a summary of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. It notes Richmont has a quality asset base, growing cash flows, a strong balance sheet, and exposure to the favorable Canadian dollar. The document also provides highlights on Richmont's capital structure, operational performance in Q2 2016, reserves increases at its Island Gold and Beaufor mines, and mine life extensions. It summarizes the 2015 Preliminary Economic Assessment for Island Gold and outlines the mine's production expansion opportunity and exploration potential.
This document provides a summary of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. Key highlights include:
- Q2 gold production of 23,320 ounces at cash costs of $903 per ounce.
- Increased mineral reserves at Island Gold mine by 206% and Beaufor mine by 95%.
- Island Gold mine life extended to 7 years and Beaufor to over 2 years based on 2015 reserves.
- Preliminary Economic Assessment released for Island Gold outlining potential production expansion.
- Richmont Mines is positioned for sustainable growth with a quality asset base in Canada including its Island Gold and Beaufor mines. In 2015, mineral reserves increased 187% to over 625,000 ounces of gold.
- Production is expected to grow while costs decrease. Island Gold mine life has increased to 7 years with exploration potential to expand resources.
- The company has a strong balance sheet with $61 million in cash and low debt to fund its strategic growth plan while benefiting from Canadian dollar exposure.
Pretium Resources Inc. operates the high-grade gold Brucejack Mine in northern British Columbia, Canada. The summary discusses:
1) Brucejack has high-grade gold reserves of over 8 million ounces and an 18-year mine life at an average annual production of 404,000 ounces.
2) Commissioning of the mine and mill is underway, with commercial production expected by the end of 2017. Ramp up of production to steady state levels is the focus for the remainder of the year.
3) Exploration is targeting expansion of reserves within the mine area and at nearby targets such as Bowser to extend mine life.
This document provides an overview of Richmont Mines Inc., including its asset base, production profile, cost structure, cash flows, exploration potential, and balance sheet. It summarizes the Island Gold mine, which is Richmont's key asset, outlining its high-grade underground operations and expansion opportunities. Production and cost data for Island Gold in 2015 is presented, showing growing production and declining costs. The positive results of a Preliminary Economic Assessment exploring expanding operations at Island Gold to increase production and lower costs are also summarized.
This document provides an overview of Richmont Mines Inc., including its asset base, production profile, cost structure, cash flows, exploration potential, and balance sheet. It summarizes the Island Gold mine, which is Richmont's key asset, outlining its high-grade underground operations and expansion opportunities. Production and costs at Island Gold are growing and declining respectively. The document also references a Preliminary Economic Assessment that envisions increased production and lower costs through a phased expansion to 800 tonnes per day.
Ramping Up Brucejack – Presented at the Scotiabank Mining ConferencePretiumR
Pretium Resources is ramping up production at its high-grade Brucejack gold mine in British Columbia, Canada. In the third quarter of 2017, Brucejack produced over 82,000 ounces of gold and achieved commercial production rates. Pretium aims to further increase production and explore regional targets to expand reserves.
- The presentation provides an overview of Great Panther Silver's corporate performance and outlook. It discusses their two mining operations in Mexico, recent increases in production and reductions in costs per ounce.
- Great Panther Silver has significantly improved their cost per ounce through higher grades and efficiencies at their Guanajuato and Topia mines in Mexico. They maintain a strong balance sheet with no debt and over $50 million in cash and working capital.
- Guidance for 2016 forecasts total silver equivalent production between 4-4.2 million ounces, with cash costs per ounce of $4-6 and all-in sustaining costs of $12-14. The presentation outlines Great Panther Silver's goals of continued organic growth
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Alamos Gold Inc. is proposing to acquire Richmont Mines Inc. via a plan of arrangement. The proposed transaction would have an implied equity value of US$770 million and position the combined company as a leading intermediate gold producer. The acquisition of Richmont's Island Gold mine in Ontario would provide Alamos shareholders with a high-quality, free cash flow generating asset in a premier jurisdiction. It would also diversify Alamos' portfolio, strengthen its financial position, and enhance its production and cost profile to support continued growth. Richmont shareholders would receive a premium for their shares and maintain exposure to Island Gold's potential through a meaningful ownership in the larger combined company.
This document provides information about Richmont Mines Inc.'s annual meeting, including:
1) It summarizes Richmont's 2011 financial and operational results, including record earnings and increased gold reserves at its operating mines.
2) It outlines Richmont's goals for 2012, which include rebuilding its share price, optimizing its Wasamac gold project, and completing an acquisition.
3) It provides an overview of Richmont's property portfolio and acquisition strategy, and summarizes recent corporate developments and Q1 2012 financial results.
This document is the annual report from Richmont Mines Inc. for its 2014 annual meeting. It discusses Richmont's operations in Ontario and Quebec, with the Island Gold Mine and Beaufor Mine being the primary operations. In 2014, Richmont saw increases in gold sales, earnings, operating cash flow, and ended the year with a strong balance sheet and cash position. It also oversaw development work to expand mining deeper levels at Island Gold. The report provides production and cost guidance for 2015.
Richmont Mines Inc. held its 2014 annual meeting on May 7, 2015. In 2014, the company saw a 49% increase in gold sales to 94,503 ounces, generated net earnings of $8.2 million, and had operating cash flow of $27.3 million. At the end of 2014, Richmont had total proven and probable gold reserves of 217,950 ounces at an average grade of 6.43 g/t.
The document discusses the Island Gold Mine site visit that took place on May 27, 2015. It includes an agenda for the visit with presentations on workforce health and safety, sustainability and community, geology and exploration, operations, and development plans. Safety protocols are reviewed for the underground tour, mill tour, core shack and other areas of the site visit. Statistics on the mine's workforce, health and safety performance, environment and community programs are also presented.
The document discusses a site visit to the Island Gold Mine. It provides an agenda for the visit which includes a safety induction, mill and surface tour, presentations on geology, operations, and exploration drilling. It also includes background on the mine workforce, health and safety performance, sustainability efforts, and community relationships. Maps show the mine's location within the Wawa gold camp and Richmont Mines' land holdings in the area.
This document provides an overview of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. It highlights the company's solid financial performance in the first three quarters of 2015, with gold production of 75,651 ounces at a cash cost of $961 per ounce. The document also summarizes key details of Richmont's Island Gold, Beaufor, and Monique mines and Camflo mill, and provides an overview of a preliminary economic assessment that outlines the potential to expand the Island Gold mine.
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2. 2
RIC: TSX NYSE
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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 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. 3
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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
(1) As of Dec. 31, 2016.
(2) Comprised mainly of mobile equipment capital leases.
(3) Calculated using a C$:US$ exchange rate of 1.30
Analyst Coverage
BMO Capital Markets Brian Quast
Canaccord Genuity Rahul Paul
CIBC Jeff Killeen
Cormark Securities Richard Gray
Desjardins Capital Mike Parkin
Haywood Securities Kerry Smith
Mackie Research Ryan Hanley
Macquarie Capital Markets Michael Gray
Paradigm Capital Don Blyth
PI Financial Brian Szeto
Scotia Capital Craig Johnston
TD Securities Daniel Earle
CAPITAL STRUCTURE AND COVERAGE
POSITIONING FOR SUSTAINABLE GROWTH
TSX-NYSE: RIC Share Capital
Issued & Outstanding Shares 63.1M
Fully Diluted 66.0M
Market Capital (Feb. 23/17) US$551M
CASH(1)
C$75M
(US$56M)(3)
DEBT(1,2)
C$12.5M
(US$9.6M)(3)
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• Permit amendments for 1,100 tpd expansion at Island Gold
• Appointed Rob Chausse as CFO (March 2017)
RICHMONT OPERATIONS
2016 HIGHLIGHTS
FOCUSED ON TARGETS
2016
Results
2016
Guidance(1) Scorecard
Gold produced (oz) 104,050 98,000-106,000 high end
Cash cost per oz (2) $908 $885-$945 in line
AISC per oz (2) $1,272 $1,230-$1,335 in line
Cash cost per oz (2,3) $685 $675-$720 in line
AISC per oz (2,3) $960 $935-$1,015 in line
(1) 2016 guidance revised positively driven by significantly better than expected performance from the Island Gold Mine (refer to Press Release of September 12, 2016).
(2) Refer to the Non-IFRS performance measures contained in the 2016 MD&A.
(3) Assuming an exchange rate of 1.30 Canadian dollars to 1.0 US dollar.
(4) Before changes in non-cash working capital.
C$
US$
2016 Full-Year Financial Results C$ US$
Revenue from mining operations $168.7 M $127.3 M
Adj. Operating cash flow, per share(2,4) $0.80 $0.62
Net earnings per share, basic $0.20 $0.15
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2012 2013 2014 2015 2016
MineralReserves(000’sounces)
Monique Beaufor Island Gold
Island
Gold
752 koz
Beaufor
45 koz
RICHMONT ASSETS
2016 MINERAL RESERVES AND RESOURCES
Mineral Reserves and Resources(1)(2)
(December 31, 2016) Gold Ounces ΔYoY Grade (g/t) ΔYoY
Island Gold Mine(3)
Proven & Probable Reserves 752,200 190,500 9.17 11%
Measured & Indicated Resources 91,450 19,750 5.94 (7%)
Inferred Resources 995,700 227,650 10.18 20%
Beaufor Mine
Proven & Probable Reserves 44,920 18,930 6.86 4%
Measured & Indicated Resources 83,700 88,200 7.37 16%
Inferred Resources 7,500 20,500 6.44 0%
(1) Refer to the detailed mineral reserve and mineral resource tables that follow at the end of this presentation.
(2) No changes to Mineral Reserves and Resources were made at the Corporation’s other properties.
(3) An NI 43-101 Technical Report for the Island Gold Mine will be filed within 45 days.
Reserves increase 34%
• 11% grade increase to 9.17 g/t
Inferred Resources increase 30%
• 20% grade increase to 10.18 g/t
• New blocks identified laterally to the
east and at depth below 1,000 m
• Low discovery cost of ~$35/oz
Island Gold Reserves Growth
Significant Reserve
Growth
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RICHMONT OUTLOOK
2017 PRODUCTION AND COST GUIDANCE
(1) Refer to the Non-IFRS performance measures contained in the 2016 MD&A.
(2) 2017 Estimates include high end of production guidance and low end of cost guidance.
For details, see Press Release dated February 2, 2017.
2017 Outlook
• up to 15% increase in production
• up to 8% decrease in costs
• Additional potential for upside
in production
2017 Key Objectives
• Positive Expansion Case PEA
900 tpd vs. 1,100 tpd fully permitted
• Planned capital investment fully funded
by operating cash flow
• Cost and operational efficiencies
• Continue Reserve and Resource growth
71,398
95,739 98,031
104,050
120,000(2)
$1,051
$866
$764
$685
$640(2)
$150
$350
$550
$750
$950
$1,150
-10,000
10,000
30,000
50,000
70,000
90,000
110,000
130,000
2013 2014 2015 2016 2017E
Annual Gold Production (oz)
Cash Costs (US$/oz)(1)
Positioned to deliver another year of
record operational performance
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146% PRODUCTION INCREASE SINCE 2013
(1) Revised positively driven by significantly better than expected performance from the Island Gold Mine (refer
to Press Release of September 12, 2016).
(2) Refer to the Non-IFRS performance measures contained in the 2016 MD&A.
(3) The revised guidance assumes an exchange rate of 1.33 for January to June and 1.30 for July to December.
Production
and Costs
2016
Results
2016
Guidance(1)
2017
Guidance
Gold production (oz) 83,323 75,000-80,000 87,000-93,000
Cash costs/oz (C$)(2) $779 $800-$840 $715-$765
AISC per oz. (C$)(2) $988 $1,040-$1,110 $945-$995
Cash costs/oz (US$)(2,3) $587 $610-$640 $550-$590
AISC per oz. (US$)(2,3) $745 $795-$845 $725-$765
Capital and
Exploration ($M)
2016
Results
2016
Guidance(1)
2017
Guidance
Sustaining Capital ($C) $17.2 $18.9 $25-$29
Project/Expansion Capital ($C) $39.9 $46.1 $33-$35
Exploration ($C) $14.8 $16.0 $16-$19
Sustaining Capital ($US) $13.0 $14.4 $19-$22
Project/Expansion Capital ($US) $30.1 $35.2 $25-$27
Exploration ($US) $11.2 $12.2 $12-$14Increasing Production
51% in 2016
~12% in 2017
Declining Cash Costs
24% lower in 2016
~8% lower in 2017
ISLAND GOLD MINE
CANADIAN HIGH GRADE UNDERGROUND MINE
Growth opportunities
1,100 tpd Expansion
Case PEA under review
Increasing reserves
at higher grades
Exploration potential
laterally and at depth
Mineral Reserves and Resources
(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
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0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
10.0
0
200
400
600
800
1,000
1,200
Grade(g/t)
Undergroundproductivity(tpd)
Positioning the mine
for annual production rate of
+100k ounces
Multi-years of mine life
pre-developed
Increasing Production
at declining Costs
(1) Refer to the Non-IFRS performance measures contained in the 2016 MD&A..
(2) 2017 amounts represents the high-end of production guidance and low-end of cash costs guidance (see
Feb. 2, 2017 Press Release).
(3) Estimated production based on Base Case and Expansion Case scenarios outlined in Nov. 1, 2016 Press
Release and using 2016 average grade of 9.02 g/t.
Increasing Mine Productivity
$0
$200
$400
$600
$800
$1,000
0
20
40
60
80
100
120
CashCosts(US$)(1)
GoldProduction(koz)
0.0
2.0
4.0
6.0
8.0
10.0
0.0
0.2
0.4
0.6
0.8
1.0
1.2
2014 2015 2016 LoM Target
Grade(g/t)
GoldReserves(Moz)
Expanding Reserves
at higher Grades
(1) 2015 productivity includes a 3 week mine shutdown in the fourth quarter.
(2) Q3 2016 productivity includes 16-day electrical upgrade shutdown of the underground mine
ISLAND GOLD MINE
POSITIONING FOR GROWTH
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GOUDREAULOCHALSH ISLAND EXT
1
EXT
2
- 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
Third Mining Horizon
P&P 984,000 11.71 370,460
Fourth Mining Horizon
P&P 309,000 8.74 86,830
- 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
620 m Level
Planned
Exploration
Drift
Total tonnes sourced:
65% stoped ore
• First horizon: 45%
• Second horizon 45%
• Third horizon 10%
35% development ore
• First horizon 25% (Ext 1 and Ext2)
• Third horizon 75% (Lower C)
5,112 m of waste development
2017 MINE PLAN
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
740 m Level
Explo. &
Delineation Drift
HORIZON
2
3
4
HORIZON
HORIZON
HORIZON
Outside Expansion Case PEA Area
P&P 341,000 6.89 75,500
Total Inferred Resources
Inferred 3,042,000 10.18 995,700
Second Mining Horizon
P&P 490,000 8.82 138,950
ISLAND GOLD MINE
2017 MINE DEVELOPMENT PLAN
11. 11
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• Expanded resource area east-west of main reserve area (most contiguous portion)
• Mining from a depth of 450 to 1,000 metres over 4 mining horizons
• Optimal mining rate while maintaining minimum mine life of +7 years
• Base Case of 900 tpd increasing to Expansion Case 1,100 tpd utilizing existing ramp system
• Incorporation of December 31, 2016 Reserve and Resource estimates to consider:
• New modeling parameters (capping, ellipsoid searches and dilutions)
• 2016 delineation drilling and ore development drifting
• New Life of Mine (LoM) and operating costs and capital estimates
• Minimal capital requirements for mine and mill expansion; fully funded internally
• Maximum mining capacity without new infrastructure
• Increased milling capacity to 1,200 tpd would allow future growth at minimal cost (~C$15M)
Expansion Case PEA (Q2 2017)
ISLAND GOLD MINE
GROWTH OPPORTUNITIES
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ISLAND GOLD MINE
2017 DRILLING PROGRAM
620 m Level Planned
Exploration Drift
860 m Level Planned
Exploration Drift
GOUDREAULOCHALSH ISLAND EXT1 EXT2
- 500 m
- 1,500 m
W E
340 m Level
190 m Level
740 m Level
Explo. & Delineation Drift
- 1,000 m
200 m
Mineralized trend
GD-630-01
31.19/3.43
GD-620-01
24.57/1.26
2017 DELINEATION
DRILLING 30,000 m
2017 DEEP
EXPLORATION
DRILLING
41,000 m
Proven Reserves
Probable Reserves
Indicated Resources
Inferred Resources
Inferred Resources (B, D, G, G1 Zones)
Ramps and Actual Development
Mined Out
Planned Development
Legend
**** Mineral Reserves and Resources
as of December 31, 2016)
2017
DELINEATION
DRILLING 7,000 m
2017 SURFACE/
UNDERGROUND
EXPLORATION
DRILLING
25,000 m
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1) Includes 1,165 ounces
produced from the Monique
Mine in January 2016.
2) Refer to the Non-IFRS
performance measures
contained in the 2016 MD&A.
3) Includes cash costs from the
Beaufor and Monique mines.
4) An exchange rate of 1.36
Canadian dollars to 1.0 US
dollar was used for the
original 2016 guidance
issued on Feb. 11, 2016. The
revised guidance assumes
an exchange rate of 1.33 for
January to June and 1.30 for
July to December. 2017
guidance assumes an
exchange rate of 1.30
Canadian dollars to 1.0 US
dollar.
5) Refer to full 2016 Reserve
and Resource information at
the end of this presentation.
6) For positive revision details
rrefer to Press Release of
September 12, 2016.
Full-Year
2016
2016
Guidance(6)
2017
Guidance
Gold production (oz) 20,727(1) 23,000-26,000(1) 23,000 - 27,000
Cash costs/oz (C$)(2) $1,429(3) $1,150-$1,300(3) $1,265 - $1,320
AISC per oz. (C$)(2) $1,816(3) $1,420-$1,610(3) $1,540 - $1,590
Cash costs/oz (US$)(2)(4) $1,079(3) $875-$1,000(3) $975 - $1,015
AISC per oz. (US$)(2)(4) $1,371(3) $1,080-$1,235(3) $1,185 - $1,225
Capital and Exploration
Full-Year
2016
2016
Guidance(6)
2017
Guidance
Sustaining Capital (C$M) $7.9 $7 $6-7
Sustaining Capital (US$M) $5.9 $5.3 $5-6
2016 Reserves and Resources Grade g/t Gold Ounces
Reserves (oz)(5)/Grade (g/t) 6.86 44,920
M&I (oz)(5) /Grade (g/t) 7.37 83,700
Inferred (oz)(5)/Grade (g/t) 6.44 7,500
BEAUFOR MINE & CAMFLO MILL
CANADIAN ASSETS IN QUEBEC
H2 2016 Increases in:
• Underground tpd
• Gold production
• Grade
2017 Plan
Continue to increase
mining in higher-
grade Q zone
Camflo Mill
1,200 tpd capacity
provides toll milling
opportunities
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1.4x
1.3x
1.0x 1.0x 1.0x
0.8x 0.8x 0.8x
0.6x
0.4x
Klondex
Wesdome
Guyana
Goldfields
Roxgold
Richmont
Teranga
Premier
Gold
Argonaut
Timmins
Gold
Primero
Au Eq. Reserves per 1,000 Shares (oz)
21 21
16
15
13
6
3 3
2 2
Argonaut
Guyana
Goldfields
Primero
Premier
Gold
Richmont
Teranga
Klondex
Wesdome
Roxgold
Timmins
Gold
Source: Company disclosure, Fact Set and available street research.
Notes: Resources shown inclusive of reserves. Au Eq. figures calculated using LT consensus price estimates.
Richmont based on mid-point of 2017 guidance only. Per share figures based on basic shares.
2017 Gold Production per 1,000 Shares (oz) Consensus P/NAV
1.8
1.2
1.0 0.9
0.7
0.7
0.4 0.4
0.3
0.2
Richmont
Klondex
Guyana
Goldfields
Primero
Argonaut
Premier
Gold
Wesdome
Teranga
Roxgold
Timmins
Gold
Au Eq. Resources per 1,000 Shares (oz)
79
62
50
43 43
39
15 15
9
3
Richmont
Argonaut
Guyana
Goldfields
Premier
Gold
Primero
Wesdome
Teranga
Klondex
Timmins
Gold
Roxgold
RICHMONT MINES
PEER COMPARATIVES
Upside potential
Upside potential
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Long-term value
Quality
asset base in Canada
Growing
production profile
Significant
exploration potential
Capital discipline &
shareholder returns
Low
shares outstanding
Decreasing
cost structure
Maximizing
per share valuation
Cash focus
Strong
Balance sheet
Favourable
CAD$ exposure
Growing
cash flow streams
ESTABLISHED CANADIAN GOLD PRODUCER
POSITIONING FOR SUSTAINABLE GROWTH
ontario
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MARC-ANDRÉ LAVERGNE
P. ENG
Beaufor Mine and Camflo
Mill General Manager
JEAN BASTIEN
P. ENG, MBA
Island Gold Mine
General Manager
MAXIME GRONDIN
CIRC
Director,
Human Resources
MÉLISSA TARDIF
LLB
Lawyer and
Corporate Secretary
CHRISTIAN BOURCIER DANIEL ADAM NICOLE VEILLEUX STEVE BURLETON ANNE DAY
P. ENG
Vice-President,
Operations
GEO PHD
Vice-President
Exploration
CPA, CA
Vice-President
Finance
CFA, MBA
Vice-President,
Business Development
MBA
Senior Vice-President,
Investor Relations
RICHMONT MINES
MANAGEMENT TEAM
RENAUD ADAMS
P. ENG
President and
Chief Executive
Officer
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RENÉ MARION
P. ENG
Chairman
of the Board
MICHAEL PESNER
CA
Director and Chairman
of the Audit Committee
RENAUD ADAMS
P. ENG
Director, President
and Chief Executive Officer
PETER BARNES
CA
Director
ELAINE ELLINGHAM
P. Geo., MBA
Director
RICHMONT MINES
BOARD OF DIRECTORS
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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) Cash costs and all-in sustaining costs (“AISC”) are non-IFRS measures. 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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1. Mineral Resources presented are exclusive of Mineral Reserves. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
2. 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.
3. Underground Mineral Resources established as of December 31, 2012.
4. Monique Mineral Resources are located underground directly below the open-pit.
5. The Francoeur Mine closed in November 2012 and was sold in 2016.
Richmont Mines 2016 Mineral Reserve
and Resource 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 MINE
Proven Reserves2 573,000 8.68 159,800 363,500 7.53 87,900
Probable Reserves2 1,978,000 9.31 592,400 1,752,000 8.41 473,800
Total Proven & Probable Reserves2 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 MINE4
Proven Reserves2 32,000 6.77 7,010 35,600 7.31 8,350
Probable Reserves2 171,500 6.87 37,910 266,500 6.48 55,500
Total Proven and Probable Reserves 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 MINE5
Indicated Resources 107,500 4.88 16,850 107,500 4.88 16,850
WASAMAC GOLD PROPERTY6
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, 7
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 11.68 7,363,410 New York
Renaissance Technologies LLC 6.13 3,863,000 New York
RBC Global Asset Management Inc. 6.11 3,850,000 Toronto
Connor, Clark & Lunn Investment Management Ltd. 5.04 3,174,464 Vancouver
1832 Asset Management L.P. 3.91 2,466,900 Toronto
Sprott Asset Management LP 3.15 1,988,536 Toronto
BMO Asset Management Inc. 3.13 1,975,600 Toronto
Sentry Investments Inc. 2.96 1,864,400 Toronto
Montrusco Bolton Investments Inc. 2.58 1,628,676 Montreal
OppenheimerFunds, Inc. 2.52 1,590,000 New York
Arrowstreet Capital, Limited Partnership 2.26 1,425,419 Boston
Tocqueville Asset Management LP 2.08 1,310,500 New York
Manulife Asset Management Limited 1.98 1,250,000 Toronto
Mackenzie Financial Corporation 1.92 1,213,000 Toronto
CIBC Asset Management Inc. 1.73 1,089,080 Montreal
Fonds de Solidarité FTQ 1.56 985,600 Montreal
Eterna Investment Management Inc. 1.41 888,600 Quebec City
BlackRock Asset Management Canada Limited 1.39 875,000 Toronto
O'Shaughnessy Asset Management, LLC 1.31 825,579 Stamford
ZPR Investment Management Inc. 1.29 812,020 Orange City
Ruffer LLP 1.27 800,000 London
BlackRock Institutional Trust Company, N.A. 1.19 750,000 San Francisco
GWL Investment Management Ltd. 1.17 734,337 Winnipeg
Gabelli Funds, LLC 1.14 720,000 Rye
Greystone Managed Investments Inc. 1.09 687,970 Regina
As of Feb. 20, 2017. Source: Nasdaq IR Insight
RICHMONT MINES
TOP INSTITUTIONAL SHAREHOLDERS
23. 23
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2000 100
meters
14000mE
4400m
4900m
3900m
W EGOUDREAULOCHALSH ISLAND EXT1 EXT2
- 1,000 m
- 500 m
Crown pillar
- 1,500 m
15,000mE
16,000mE
620 m Level
Exploration drift
14,000mE
Surface
200 m
Cut off
(4.0g/t Au / 2.0m)
327
60
30
15
7.5
0
Au Metal Factor
Grade (Au g/t, cut 95g) x true width (m)
GD-620-01
24.57/1.26
GD-14-01C
19.87/3.93
MH1-1
20.38/2.31
MH3-2
8.70/11.93
GD-630-01
31.19/3.43
740 m Level drift
GD-590-05
10.55/2.46
620-556-04
21.0/2.78
MH3-6
12.49/2.19
MH1-6
18.63/6.60
MH1-7
9.11/4.12
MH1-5
11.72/4.8
MH2A
18.03/5.7
340-588-01
9.99/6.65
340-580-11
15.27/1.64
MH3-5
6.03/7.07
340-588-07
4.39/5.34
340-580-09
5.47/9.00
GD-590-02
33.32/2.6
190 m Level
340 m Level
ISLAND GOLD MINE
C ZONE – GOLD METAL FACTOR (grade x true width)
July 6, 2016
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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
25. 25
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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
31. 31
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(1) Refer to full 2014 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 (C$)
Mine life 14
Daily mine production (tpd) 6,000
Total Production (Koz) 1,750
Average annual gold production (Koz) 140
Average cash operating cost (C$/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
34. 34
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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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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