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 information on the mine such as its location in Ontario near Dubreuilville, mineralized zones, management team, workforce statistics, health and safety performance, environmental sustainability efforts, and relationship with local communities. Additionally, it provides context on the local geology and other gold deposits in the Wawa gold camp area.
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.
Richmont Mines Inc. held its annual meeting on May 8, 2014. It produced 63,443 ounces of gold in 2013 at an average cash cost of $1,095 per ounce. As of December 31, 2013, it had proven and probable reserves of 218,172 ounces of gold and measured, indicated, and inferred resources totaling over 2.8 million ounces. The company forecasts total gold production in 2014 of 70,000 to 80,000 ounces from its operations in Quebec and Ontario.
The document provides information on the Tuvatu High Grade Gold Project in Fiji. It summarizes that the project is fully permitted with environmental approvals and community support. It has a proposed initial mine plan to produce 262,400 ounces of gold at 15.3 g/t over 3 years with a low capital expenditure of $48.6 million and cash costs of $567 per ounce. The plan projects a high rate of return with a 52% IRR and 18 month payback period. The document also provides background on Lion One's management team and their experience with large acquisitions, as well as the capital structure of the company.
The document provides information on the Tuvatu High Grade Gold Project in Fiji. It discusses the project's fully permitted status, high grade initial mine plan producing over 262,000 ounces of gold in the first three years, and low capital and operating costs resulting in a 52% IRR. The project is owned by Lion One Metals, led by an experienced management team with a track record of developing major gold assets. The company has a strong capital structure and strategic partnerships that position it for growth as a development-ready asset in a mining-friendly jurisdiction.
The document provides an overview of Ur-Energy's second quarter 2015 results. It summarizes production levels and costs, revenues, resource estimates for the Lost Creek property, and development status for Lost Creek and Shirley Basin. It also discusses the company's cash position, sales contracts, cost reduction efforts, and CEO search. Production levels increased over the previous year while costs decreased. Resource estimates for Lost Creek were also increased.
The document provides an overview of Ur-Energy's second quarter 2015 results and operations. It summarizes production and sales figures, discusses operational improvements at Lost Creek that have lowered costs, and outlines plans to increase resources at Lost Creek and Shirley Basin. Upcoming milestones include resource updates for both properties and continuing development at MU2.
This presentation summarizes Lion One Metals' Tuvatu gold project in Fiji. The project contains a high-grade gold resource within a larger alkaline system similar to other multi-million ounce gold camps. Recent drilling continues to intersect high gold grades at depth below the existing resource. Lion One is fully funded to advance exploration and development of Tuvatu, located in a premier mining jurisdiction with year-round exploration potential.
Golden Arrow Resources Corporation - Corporate PresentationViral Network Inc
Golden Arrow is a Vancouver-based explorer and prospect generator focused on identifying, acquiring and advancing precious and base metal projects in Argentina with the goal of achieving a world class discovery.
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.
Richmont Mines Inc. held its annual meeting on May 8, 2014. It produced 63,443 ounces of gold in 2013 at an average cash cost of $1,095 per ounce. As of December 31, 2013, it had proven and probable reserves of 218,172 ounces of gold and measured, indicated, and inferred resources totaling over 2.8 million ounces. The company forecasts total gold production in 2014 of 70,000 to 80,000 ounces from its operations in Quebec and Ontario.
The document provides information on the Tuvatu High Grade Gold Project in Fiji. It summarizes that the project is fully permitted with environmental approvals and community support. It has a proposed initial mine plan to produce 262,400 ounces of gold at 15.3 g/t over 3 years with a low capital expenditure of $48.6 million and cash costs of $567 per ounce. The plan projects a high rate of return with a 52% IRR and 18 month payback period. The document also provides background on Lion One's management team and their experience with large acquisitions, as well as the capital structure of the company.
The document provides information on the Tuvatu High Grade Gold Project in Fiji. It discusses the project's fully permitted status, high grade initial mine plan producing over 262,000 ounces of gold in the first three years, and low capital and operating costs resulting in a 52% IRR. The project is owned by Lion One Metals, led by an experienced management team with a track record of developing major gold assets. The company has a strong capital structure and strategic partnerships that position it for growth as a development-ready asset in a mining-friendly jurisdiction.
The document provides an overview of Ur-Energy's second quarter 2015 results. It summarizes production levels and costs, revenues, resource estimates for the Lost Creek property, and development status for Lost Creek and Shirley Basin. It also discusses the company's cash position, sales contracts, cost reduction efforts, and CEO search. Production levels increased over the previous year while costs decreased. Resource estimates for Lost Creek were also increased.
The document provides an overview of Ur-Energy's second quarter 2015 results and operations. It summarizes production and sales figures, discusses operational improvements at Lost Creek that have lowered costs, and outlines plans to increase resources at Lost Creek and Shirley Basin. Upcoming milestones include resource updates for both properties and continuing development at MU2.
This presentation summarizes Lion One Metals' Tuvatu gold project in Fiji. The project contains a high-grade gold resource within a larger alkaline system similar to other multi-million ounce gold camps. Recent drilling continues to intersect high gold grades at depth below the existing resource. Lion One is fully funded to advance exploration and development of Tuvatu, located in a premier mining jurisdiction with year-round exploration potential.
Golden Arrow Resources Corporation - Corporate PresentationViral Network Inc
Golden Arrow is a Vancouver-based explorer and prospect generator focused on identifying, acquiring and advancing precious and base metal projects in Argentina with the goal of achieving a world class discovery.
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.
This document provides information about Richmont Mines Inc. for investors attending the Denver Gold Forum from September 20-23, 2015. It summarizes Richmont's Island Gold Mine project in Ontario, Canada, which is undergoing significant investment in 2015 to develop deeper resources and extend mine life. In the first half of 2015, Island Gold achieved record quarterly gold production and sales. Richmont forecasts 2015 gold sales of 45,000-50,000 ounces and is repositioning Island Gold to unlock its potential as a long-life, high-grade operation.
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 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.
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.
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 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.
- 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 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 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.
Richmont Mines provides an investor presentation reviewing its Q4 and full year 2013 results. It produced 63,443 ounces of gold in 2013 and aims to produce between 70,000 to 80,000 ounces in 2014. Key assets include the Island Gold Mine in Ontario and the Beaufor Mine and Monique Mine in Quebec. Island Gold produced 35,113 ounces in 2013 and the presentation provides details on exploration and development plans to expand resources at Island Gold Deep.
Richmont Mines provides an investor presentation reviewing its Q4 and full year 2013 results. It produced 63,443 ounces of gold in 2013 and aims to produce between 70,000 to 80,000 ounces in 2014. Key assets include the Island Gold Mine in Ontario and the Beaufor Mine and Monique Mine in Quebec. Island Gold produced 35,113 ounces in 2013 and the presentation provides details on exploration and development plans to expand resources at Island Gold Deep.
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.
The document provides safety guidelines for an analyst site tour of Island Gold Mine. It outlines personal protective equipment requirements and safety procedures both on the surface and underground, including tagging in/out, using three points of contact, and staying with the group. It also notes emergency procedures and medical assistance availability.
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 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.
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 what to do in case of emergency. Underground safety requirements are also listed, such as tagging in/out and using three points of contact when entering/exiting vehicles. Medical assistance is available on site.
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 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.
The document provides financial and operational results for Richmont Mines Inc. for the second quarter of 2016. Some key highlights include:
- Gold production of 23,320 ounces for Q2 2016, with cash costs of $903/ounce and AISC of $1,330/ounce.
- Strong performance at Island Gold mine, the company's flagship asset, with production growth of 24% compared to Q2 2015 and costs well below guidance.
- Overall company remains on track to meet or exceed 2016 consolidated guidance.
- Solid cash position of $95.5 million and earnings of $0.04 per share for the quarter.
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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.
This document provides information about Richmont Mines Inc. for investors attending the Denver Gold Forum from September 20-23, 2015. It summarizes Richmont's Island Gold Mine project in Ontario, Canada, which is undergoing significant investment in 2015 to develop deeper resources and extend mine life. In the first half of 2015, Island Gold achieved record quarterly gold production and sales. Richmont forecasts 2015 gold sales of 45,000-50,000 ounces and is repositioning Island Gold to unlock its potential as a long-life, high-grade operation.
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 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.
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.
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 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.
- 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 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 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.
Richmont Mines provides an investor presentation reviewing its Q4 and full year 2013 results. It produced 63,443 ounces of gold in 2013 and aims to produce between 70,000 to 80,000 ounces in 2014. Key assets include the Island Gold Mine in Ontario and the Beaufor Mine and Monique Mine in Quebec. Island Gold produced 35,113 ounces in 2013 and the presentation provides details on exploration and development plans to expand resources at Island Gold Deep.
Richmont Mines provides an investor presentation reviewing its Q4 and full year 2013 results. It produced 63,443 ounces of gold in 2013 and aims to produce between 70,000 to 80,000 ounces in 2014. Key assets include the Island Gold Mine in Ontario and the Beaufor Mine and Monique Mine in Quebec. Island Gold produced 35,113 ounces in 2013 and the presentation provides details on exploration and development plans to expand resources at Island Gold Deep.
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.
The document provides safety guidelines for an analyst site tour of Island Gold Mine. It outlines personal protective equipment requirements and safety procedures both on the surface and underground, including tagging in/out, using three points of contact, and staying with the group. It also notes emergency procedures and medical assistance availability.
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 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.
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 what to do in case of emergency. Underground safety requirements are also listed, such as tagging in/out and using three points of contact when entering/exiting vehicles. Medical assistance is available on site.
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.
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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.
The document provides financial and operational results for Richmont Mines Inc. for the second quarter of 2016. Some key highlights include:
- Gold production of 23,320 ounces for Q2 2016, with cash costs of $903/ounce and AISC of $1,330/ounce.
- Strong performance at Island Gold mine, the company's flagship asset, with production growth of 24% compared to Q2 2015 and costs well below guidance.
- Overall company remains on track to meet or exceed 2016 consolidated guidance.
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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.
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:
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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.
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Island Gold Mine - Sept. 30 2015 Site Tour
1. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
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TSX – NYSE MKT: RIC
www.richmont-mines.com
Island Gold Mine
Site Visit September 30, 2015
2. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
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Safe harbor statement & cautionary note to U.S.
investors concerning mineral 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 mineral resource estimates in this presentation were prepared in accordance with Regulation 43-101
adopted by the Canadian Securities Administrators. The requirements of Regulation 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 in Canada, the SEC does not recognize them. The SEC permits U.S. mining
companies, 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”. Further, “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 higher 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.
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
3. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
3
Island Gold Mine
September 30 Site Visit - Agenda
TSX - NYSE MKT: RIC 3Copyright 2015 by Richmont Mines
1. Welcome & Safety Induction
2. Mill & Surface tour
3. Lunch &
Presentation,
Q&A
A. Introduction
Work force, Health & Safety
Sustainability
Jean Bastien, General Manager
B. Geology
Doug Mac Millan, Senior Geologist
Raynald Vincent, Chief Geologist
C. Operations
Development Plans
Mining Studies
Jean Bastien, General Manager
4. Underground visit
5. Core Display Core Shack
6. Presentation 2015 Planned Exploration Drilling Programs
Raynald Vincent, Chief Geologist
7. Departure
4. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
4
Copyright 2015 by
Richmont Mines
TSX - NYSE MKT: RIC
4
Safety induction
At all times:
No horseplay is tolerated
Each refuge station has a first aid kit.
Tell your tour guide of any injury
immediately.
Have a safe and
pleasant visit
In case of emergency, stay calm, follow instructions from your tour guide and
regroup in the gathering area beside the parking lot. Each area is equipped
with a fire extinguisher
When your outside of the building, PPE should be worn at all times
1. Hard hat
2. Safety glasses
3. Reflecting vest
4. Safety boots
Stay with your guide at all times. If for any reason you lose contact STAY
WHERE YOU ARE and your tour guide will find you.
In case of emergency, stay calm and follow your tour guide’s instructions.
No horseplay is tolerated at any time.
Island Gold Mine
Safety Induction – Main Buildings & Surface
5. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
5
Island Gold Mine
Safety Induction - Underground
TSX - NYSE MKT: RIC 5Copyright 2015 by Richmont Mines
Underground and surface safety requirements:
1. Tag in prior to going underground
2. Do not exit from vehicles in motion
3. Use 3 points of contact rule when entering/exiting
a vehicle
4. Stay with the group at all times
5. Follow the instructions of your guide in an
emergency situation
6. Watch for uneven ground and report any unsafe
conditions
7. Tag out when leaving underground
Medical clinic and help available at all times.
6. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
6
Introduction
Presented by:
Jean Bastien
General Manager
7. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
7
Island Gold Mine
Mineralized zones
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines 7
RICHMONT MINES
203 Mining Titles
7,168 hectares
Emily Bay
Showing
Argonaut
1,968 he
Dubreuilville
2 km
Island Gold Mine
Management Team
Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
Jean Bastien, P. Eng., MBA Sylvain Drolet
GENERAL MANAGER HEALTH AND SAFETY SUPERINTENDENT
Jacques Proulx, Tech. Michael Pahkala, P. Eng.
ASSISTANT GENERAL MANAGER TECHNICAL SERVICES SUPERINTENDENT
Marc Leclair Donald Lachapelle
UNDERGROUND SUPERINTENDENT MAINTENANCE SUPERINTENDENT
Peter Massi Daniel Vachon, P. Eng.
MILL SUPERINTENDENT PROJECTS & PLANNING SUPERINTENDENT
Sylvie Belisle, CHRL Jay Henry, CHRL
H.R. SUPERINTENDENT H.R. SUPERINTENDENT
Maxime Morin Ghislain Cyr
ENVIRONMENT SUPERINTENDENT LOGISTIC & PURCHASING SUPERINTENDENT
Raynald Vincent, P. Eng., M.G.P. Justin Roy,
CHIEF GEOLOGIST CHIEF ENGINEERING
7
8. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
8
TSX - NYSE MKT: RIC 8
Island Gold Mine
Location Map
Copyright 2015 by Richmont Mines
9. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
9
Crown pillar
W E
- 1,000 m
- 500 m
GOUDREAULOCHALSH ISLAND EXT1 EXT2
2015 Planned Ramp and Drift Development
Conceptual Development
2015 Planned Ore Development
9TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
Island Gold Mine
Extending Mine Life at Depth....
2015 Stoping
Mined out
Reserves – Resources 31/12/14
Actual Ramp and Drifts
190 Level
11. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
11
11TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
Island Gold Mine
2015 – Beginning a transformational year
SHAREHOLDER SCORECARD:
1. Ramp development: complete
planned accelerated development of
ramps, and related electrical, water
management work
2. 620 metre level drift: complete
definition/delineation drilling to
upgrade to M&I and then to Reserves
3. Mining & milling studies: complete
studies and internal review by year-
end 2015 to determine long-term
growth scenario.
4. Fixed assets & equipment: make
targeted and strategic investments to
position the mine for game-changing
growth.
Main ramp at -700 m
East ramp at -480 m
Drift extended to 478 m
24,803 m of drilling (def. & del.)
Studies initiated
Preliminary results: H2 2015
Power to u/g increased by 700 hp
More upgrades in Q3 & Q4
YTD 2015 PROGRESS
OBJECTIVE
Main ramp to -750
metres, East ramp to
-570 metres
Extend drift to 600
metres; complete
59,000 m of drilling
Evaluating base case
and alternative
mine/mill options
Repositioning &
asset upgrade
investments
12. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
12
Workforce
Health & Safety
Presented by:
Jean Bastien
General Manager
13. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
13
Island Gold Mine
Workforce Statistics (as of July 31st , 2015)
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines 13
74%
26%
% Local % Non-Local
Total mine site workforce of 384:
241 employees
137 contractors
Workforce – local vs. non-local breakdown:
Successfully increasing local workforce
Low turnover rate
53%47%
% Local % Non-Local
2008 2014
14. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
14
Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
14
Island Gold Mine
Health & Safety
• 4.5 years without a lost time accident
• Mine rescue competition:
Mine District Champion in 2014
First Aid Champion 3 years in a row (2013-2015)
15. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
15
Island Gold Mine
Health & Safety
SAFETY PERFORMANCE
Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC 15
To be modified
Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015
frequency 12 month 8.7 9.7 5.7 6 5.5 3.5
lost time accident 0 0 0 0 0 0
0
2
4
6
8
10
12
Frequency
16. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
16
Sustainability
Presented by:
Jean Bastien
General Manager
17. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
17
• No major non-compliance registered in 2014
• Working on lifting tailing storage facilities by approximately 6 meters,
which would provide an additional minimum 8 years of storage at
current mill capacity of 800 tpd.
• Obtain continuous discharge permit.
Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC 17
Island Gold Mine
Environment
18. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
18
Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC 18
Island Gold Mine
Community
First Nations relationships:
• Michipicoten
• Missanabie Cree
Local community of Dubreuilville:
• 17 km away from mine site
• Total population of 900
• Actual Bunkhouse: 80 rooms + kitchen facility
• Plan to add 98 rooms in 2015
19. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
19
Geology
Presented by:
Doug Mac Millan
Senior Geologist
Raynald Vincent
Chief Geologist
20. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
20
Lake Superior
Marathon
White River
17
25 km
Island Gold Mine
Wawa Geological Sub-province
Wawa
HEMLO
RENABIE
MISHI EDWARDS
ISLAND GOLD
MINE
Proterozoic Plutonic and Volcanic Rocks
Archean Granitoid Plutons
Archean Metasedimentary Terranes
Archean Greenstone Terranes
Fault
Gold Past Producer
Gold Producer
TSX - NYSE MKT: RIC 20Copyright 2014 by Richmont Mines
SUGAR ZONESCHREIBER
EAGLE RIVER
21. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
21
Wawa
Lake Superior
17
10 km
Dubreuilville
519
RENABIE
MISHI
EAGLE RIVER
EDWARDS
ISLAND GOLD
MINE
Archean Granitoid Plutons
Archean Greenstone Terranes
Fault
Gold Showing
Gold Past Producer
Gold Producer
MINE
Island Gold
Magino
Kremzar
Edwards
Cline
Renabie
Wawa Area
Eagle River
1,675,000
803,000
306,000
390,000
300,000
5,584,000
478,000
3,300,000
5.6
4.4
4.8
11.2
6.5
7.2
7.8
9.3
307,000
114,000
47,000
140,000
63,000
1,100,000
119,000
962,000
MINE TONNAGE AU g/t OUNCES
MAGINO
21
Past Production 2,800,000 ozs Au
TSX - NYSE MKT: RIC Copyright 2014 by Richmont Mines
Island Gold Mine
Wawa Gold Camp
22. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
22
Mill
EDWARDS
Production : 0,5 MT @ 11.0 g/t Au
144 000 oz Au 1938,1997-2002
CLINE
Production : 0,3 MT @ 6.5 g/t Au
63 000 oz Au 1938-40, 1947-48
1 km
Lochalsh
Gold Showing
KREMZAR
Production : 0,6 MT @ 4.8 g/t Au
47 000 oz Au 1988-1990
ISLAND GOLD MINE (31/12/2014)
Proven & Probable Reserves : 895,000 T @ 6.39 g/t Au
183,750 oz Au
Measured & Indicated Resources: 733,500 T @ 9.29 g/t Au
219,050 oz Au
Inferred Resources: 3,547,500 T @ 8.79 g/t Au
1,002,750 oz Au
Goudreau
Closed Gold Mine
Producing Gold Mine
Richmont Properties
MAGINO
Production : 0,8 MT @ 4.4 g/t Au
114 000 oz Au 1930-40, 1988-92
DEEP C ZONE
Island Gold Mine
Holdings in Area
22
23. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
23
Ego Deposit
Emily Bay
Showing
Argonaut 1,968 hc.
Dubreuilville
2 km
RICHMONT MINES PROPERTIES
OTHER
OWNERS
Portal Main
Ramp
ISLAND GOLD MINE
Cline
Edwards
Magino
Richmont Mines Inc.
Land Tenure
TSX - NYSE MKT: RIC 23Copyright 2015 by Richmont Mines
RICHMONT MINES
216 Mining Titles
7,696 hectares
24. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
24
Island Gold Mine
Goudreau Lake Deformation Zone
TSX - NYSE MKT: RIC 24Copyright 2014 by Richmont Mines
5 km
N
25. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
25
Island Gold Mine
Showings and Deposits
TSX - NYSE MKT: RIC 25Copyright 2014 by Richmont Mines
26. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
26
TSX - NYSE MKT: RIC 26Copyright 2015 by Richmont Mines
Island Gold Mine
2014 Mineral Reserves and Resources
ISLAND GOLD MINE (31/12/2014)
TOTAL RESERVES AND RESOURCES
Proven & Probable reserves : 895,000 T @ 6.39 g/t Au
183,750 oz Au
Measured & Indicated resources: 733,500 T @ 9.29 g/t Au
219,050 oz Au
Inferred resources: 3,547,500 T @ 8.79 g/t Au
1,002,750 oz Au
-500m
Crown pillar
W E
-1000m
250m
Proven Reserves
Probable Reserves
Indicated Resources
C Zone Indicated &
Inferred Resources
Actual Ramp and Drifts
Mined Out
Au g/t / true thickness (metres)
27. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
27
Island Gold Mine
Isometric View
27TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
515L to 700L
N
E
Lochalsh Island Zone
Extension1
Extn 2
Goudreau Zone
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28
Island Gold Mine
Isometric View
28TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
N
620 Exploration drift
E
Goudreau Extn 2 Extension 1 Island Zone
Lochalsh
29. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
29
2000 100
meters
4900m
Island Gold Mine
C Zone - Metal factor (grade x width)
Crown pillar
W E
- 1,000 m
- 500 m
LOCHALSH ISLAND EXT1 EXT2
Interpreted plunge of deposit axis
29
Cut off
(3.75 g/t Au / 2.0 m)
327
30
20
10
5
0
Metal Factor
Grade (g Au/t) x true width (metres)
Average mining grade
(5.84 g/t Au / 2.4 m)
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
11.25g/t Au / 6.56m
13.3g/t Au / 3.6m
19.8g/t Au / 3.93m
2.04g/t Au / 6.33m
5.06g/t Au / 2.47m
30. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
30
2000 100
meters
4900m
Island Gold Mine
C Zone – Grade (g/t Au)
30TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
Cut Grade
(95g/t Au)
Crown pillar
W E
- 1,000 m
- 500 m
LOCHALSH ISLAND EXT1 EXT2
31. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
31
Island Gold Mine
C Zone – True width (metres)
31TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
2000 100
meters
4900m
Crown pillar
W E
- 1,000 m
- 500 m
LOCHALSH ISLAND EXT1 EXT2
True width (metres)
32. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
32
Island Gold Mine
Schematic Section of Main Mineralized Zones
32TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
Overburden
535 Level
620 Level
Island Main
mineralized zones
Inflection
Island Lower
mineralized zones
Actual ramp
and drifts
Crown pillar
-500m
-750m
-250m
50m
100m
33. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
33
TSX - NYSE MKT: RIC 33Copyright 2015 by Richmont Mines
Island Gold Mine
Section 14940E S N
-500m
-900m
100 m
510 Level
535 Level
Zone
Island Gold Lower
Resources
Section 14940E
560 Level
585 Level
Composite Longitudinal Section
620 Explo. Level
635 Level
34. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
34
Planned Dev.
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
Island Gold Mine
Plan View – 675 Level
Composite Longitudinal Section
Level 675
675 Level Plan
Zone
W E
100m
620 Exploration Level
ISLAND EXT 1 EXT 2
Island Gold Lower
Resources
35. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
35
Island Gold Mine
Typical Section – Looking West
Crown
pillar
-500m
-750m
-250m
Crown
pillar
-1,000m
Island Lower
mineralized zones
Mafic dykes
14960E
Section
14740E
Section
Mafic dykes
Island Lower
mineralized zones
36. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
36
TSX - NYSE MKT: RIC 36
Island Gold Mine
Copyright 2014 by Richmont Mines
37. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
37
Island Gold Mine
Shear and Extensional Veining
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines 37
38. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
38
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines 38
Island Gold Mine
Goudreau Zone Gold Vein
39. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
39
Island Gold Mine
Island 560 Sill
39TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
ISLAND 560C
Approx. 13 cm
40. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
40
TSX - NYSE MKT: RIC 40Copyright 2015 by Richmont Mines
Island Gold Mine
Composite Longitudinal Section, Lower Zones
400-514-18
30.0 g/t Au / 9.55 m
ISLAND GOLD MINE (31/12/2014)
TOTAL RESERVES AND RESOURCES
Proven & Probable Reserves :
895,000 T @ 6.39 g/t Au, 183,750 oz Au
Measured & Indicated Resources:
733,500 T @ 9.29 g/t Au, 219,050 oz Au
Inferred Resources:
3,547,500 T @ 8.79 g/t Au m 1,002,750 oz Au
400-528-10
4.79 / 2.87
400-528-09
7.44 / 8.49
400-528-10
4.44 / 6.07
GD-14-02
2.43/1.5
GD-14-01C
19.87 g/t Au / 3.93 m
41. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
41
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
DH 400-514-18: 30.06G/9.55M; @ -950M ELEV.
Smokey quartz vein 4.5 metres wide, weak development of accompanying
stringers, vertical zonation of veining style from sheeted veinlets +/- decimeter
scale veins in upper levels to up to 2.0 metres veins at depth.
Island Gold Mine
Display Core C Zone
41
42. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
42
42TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
Still open at depth... GD14-01C : 19.9 g/t Au over a true width of 3.9 m
1,200 metres below
43. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
43
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
DH 425-487-12: NICE DEEP C VEIN - SMOKEY COLOR + VG, NQ SIZE.
Island Gold Mine
Display Core C Zone
43
44. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
44
Island Gold Mine
Display Core C Zone
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines 44
DH 425-487-18 :
1 CM AU STRINGER AT 9,240 G/T AU
SAMPLE LENGTH OF 30 CM.
45. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
45
TSX - NYSE MKT: RIC 45Copyright 2014 by Richmont Mines
Island Gold Mine
Description of Gold Particles
46. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
46
TSX - NYSE MKT: RIC 46Copyright 2015 by Richmont Mines
Island Gold Mine
Previous QA/QC Pulp Metallic Method Review
2004 RPA Technical Report on the Island Gold
Deposit concludes that gold in the Island Deposit is
fine grained enough to respond well to normal fire
assay procedures.
2015: RPA completed a full review of estimated
Mineral Resources as at December 31, 2014.
47. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
47
Copyright 2015by Richmont Mines 47TSX - NYSE MKT: RIC
Island Gold Mine
Quality Assurance / Quality Control
Standard Reference Material inserted at rate of 1:25
in core sample stream for exploration and 1:50 for
production
Standard Reference Material inserted into every
outgoing chip sample batch (10-25 samples/batch)
Coarse field blanks inserted after all visible gold core
samples
Pulp and Reject laboratory cross checking routine
Duplicate chip sampling on faces and core ongoing
Core shack on gated mine site with limited access
48. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
48
Island Gold Mine
Lab Expert vs. Actlabs pulp cross checks
TSX - NYSE MKT: RIC Copyright 2014 by Richmont Mines 48
y = 0.9796x + 0.1558
R² = 0.9941
0
10
20
30
40
50
60
70
80
0 10 20 30 40 50 60 70
ActLabsCrossCheckAug/t
Lab Expert Original Au g/t
49. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
49
TSX - NYSE MKT: RIC 49
Island Gold Mine
C Ore Zone - Deep Level vs. Upper Level
Copyright 2015 by Richmont Mines
Higher grades in Island Deep averaging over 8.79 g/t in the current
inferred resource vs. the 5.92 g/t average mined between 2007-2014 in
upper mine or a 35% grade increase.
Veining more robust with increasing depth - a change from cm to
decimeter stringers and veins progressing into decimeter and metre scale
veins with increasing depth.
Average zone width of deep resource 4.5 metres width vs. upper zones
averaging 2.7 metres or ~40% width increase (Press release 02/05/13).
Vg hit ratio is typically 50% or better at depth, compared to 30% in the
upper levels as calculated in the first Deep C resource estimate.
Structural-alteration corridor enveloping all zones appears to be
widening at depth from about 50 meters to 100 meters.
50. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
50
Island Gold Mine
Mineral Reserves and Resources
50TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
Goudreau 215 G2
Goudreau
Island 560 C
Approx. 13 cm
Upper Island D
51. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
51
49,196
oz(1) Resources are exclusive of Reserves, and do not have demonstrated economic viability at this time. (2) Established on December 31/14, using a gold
price of US$1,200/oz and an exchange rate of CAN$1.0833=US$1.00. In 2013, a price of US$1,225/oz and an exchange rate of CAN$1.06=US$1.00 were
used. (3) Underground Resources established for the C Zone and six other lateral zones below a vertical depth of -400 metres.
Mineral resources were estimated by 3D block modeling with blocks of 5m x 5m x 2 m for the Upper part and blocks of 10m x 10m x 5m for the lower part
of the mine. Grade estimation was done by ordinary Kriging or ID2
51
MINERAL RESERVES +
RESOURCES
1
AS OF DEC. 31, 2014 AS OF DEC. 31, 2013
Tonnes
(metric)
Grade
(g/t Au)
Au ozs
contained
Tonnes
(metric)
Grade
(g/t Au)
Au ozs
contained
Island
Gold
Mine
P & P Reserves 2
(above -400 m) 463,000 6.04 90,000 644,500 6.01 124,450
P & P Reserves 2,3
(below -400 m) 431,500 6.76 93,750 88,500 6.70 19,050
Total P & P Reserves 2
895,000 6.39 183,750 733,000 6.09 143,500
M & I Resources (above -400 m) 295,500 6.83 64,850 283,500 7.07 64,450
Indicated Resources3
(below -400 m) 438,000 10.95 154,200 456,000 11.52 168,900
Total M & I Resources 733,500 9.29 219,050 739,500 9.81 233,350
Inferred Resources (above -400 m) 369,500 6.97 82,800 363,000 7.09 82,750
Inferred Resources 3
(below -400 m) 3,178,000 9.00 919,950 3,196,000 9.29 954,600
Total Inferred Resources 3,547,500 8.79 1,002,750 3,559,000 9.07 1,037,350
Copyright 2015 by Richmont Mines
Island Gold Mine
Mineral Estimated Reserves & Resources
TSX - NYSE MKT: RIC
52. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
52
Copyright 2015 by Richmont Mines 52TSX - NYSE MKT: RIC
Island Gold Mine
Resource Drilling Parameters
Measured Resources:
DDH Spacing: 20 metres and less
within 8 metres of an U/G opening (raise, sill, stope)
Indicated Resources:
DDH Spacing: 20-25 metres
no U/G openings, good continuity of mineralization
Inferred Resources:
DDH Spacing: more than 25 metres, wider spacing
Limit of resources block defined on longitudinal section with a
maximum of 30 metres from a DDH
53. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
53
190 Level
Crown pillar
W E
- 1,000 m
- 500 m
GOUDREAULOCHALSH ISLAND EXT1 EXT2
2015 Planned Ramp and Drift Development
Conceptual Development
2015 Planned Ore Development 2015 Mining Area
Mined out
Resources 31/12/2014 Actual Ramp and Drifts
Extend ramp systems
Exploration/definition
drift on the -620 m level
Reserves 31/12/2014
Dyke
Dyke
Drill hole intersections+
54. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
54
Island Gold Mine
Highlights Results of Face Sampling – C Zone
54TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
LEVEL
CHANNEL FACE SAMPLING
Length
(m)
Au (g/t)
Cut 47 g/t Au
True Thickness
(m)
515W 37 10.53 2.2
535W 83 9.82 2.5
560W 120 9.69 2.8
585W 95 6.96 3.1
610W 99 7.34 2.6
635W 167 12.52 2.5
655W 77 10.67 2.7
535E 34 12.05 2.4
560E 109 6.59 3.0
585E 152 8.73 3.8
610E 162 7.64 3.1
635E 142 8.65 2.9
655E 83 8.15 2.9
Results of development (up to September 28, 2015)
55. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
55
Island Gold Mine
2015 Planned Development & Drilling Activities
190 Level
Crown pillar
W E
- 1,000 m
- 500 m
GOUDREAULOCHALSH ISLAND EXT1 EXT2
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
Definition drilling 14,500 m
2015 Planned Ramp and Drift Development
Conceptual Development
2015 Planned Ore Development
2015 Stoping
Mined out
Reserves – Resources 31/12/2014
Actual Ramp and Drifts
55
2015 PLANNED DRILLING
Drilling will define & delineate between
-500 metres and – 860 metres
Delineation drilling 44,500 m
2015 OBJECTIVES
1. Extend main access ramp to -750 m
2. Extend East Ramp to -570 m
3. Extend 620 level drift to ~600 m length
56. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
56
Operations
Presented by:
Jean Bastien
General Manager
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57
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines 57
Island Gold Mine
Mining Methods
Production Drilling
1.5mx1.5m spacing
Φ2½”
Slot Raise 1.8mx1.8m
Mining is done using long-hole stoping
100% long-hole stoping anticipated for below 400 metres
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58
58
Island Gold Mine
Mine Sequencing
Pull void is used to create void for the next blast
Cables are used in the walls between rings for ground support
Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
59. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
59
Island Gold Mine
Mill Details
TSX - NYSE MKT: RIC 59Copyright 2015 by Richmont Mines
0.8 km from the ramp portal
CIP gold milling process
CRUSHING GRINDING LEACHING CIP CIRCUIT STRIPPING ELECTROWINNING & REFINING
All incurred costs are in Canadian dollars
Current capacity of 850 tpd, average capacity around 800 tpd
Permitted capacity of 900 tpd
2014 scoping study determined that the mill can be expanded to
1,200 tpd, at a cost of $20 million
Jaw crusher and cone crusher replaced in 2014
Screening capacity will be increased in 2015
65. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
65
2015
Development
Plans
Presented by:
Jean Bastien
General Manager
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66
TSX - NYSE MKT: RIC 66
Island Gold Mine
Well Positioned for Growth
Copyright 2015 by Richmont Mines
RICHMONT’S OBJECTIVE
To transform Island Gold Mine into a
longer life, higher production and lower
cost operation, with the ability to
deliver years of high-quality growth
and increased net free cash flow
streams.
67. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
67
ISLAND GOLD MINE
OCTOBER SHUTDOWN…. (MILL)
• Service the NGR (Neutral Ground Resistor) at the
portal and mill substation
• The main mill transformer will be replaced
• Increase screening capacity in the crushing plant
• Gear (Pinion and Bull gear) - Non Destructive Testing
• Replace pinion on re-grind mill
• Installation and commissioning of new Dust Collector
68. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
68
ISLAND GOLD MINE
OCTOBER SHUTDOWN…. (UNDERGROUND)
• Service main fan on original vent raise
• Replace main portal transformer
• Replace substations at 125, 190 G1, and 390.
• Remove obsolete ducting and cables
• Leaky feeder installation
69. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
69
TSX - NYSE MKT: RIC 69Copyright 2015 by Richmont Mines
Island Gold Mine
October Shutdown (Underground)
• Drill and blast bumps and corners in the
main ramp
• Drill and install rabbit ears on pipe
• Repair and install new sprinkler system
• Install 8 inch discharge pipe from 125 to
portal
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71
71
Island Gold Mine
Milling and Mining Studies
SVP vérifier,
clarifier ou
ajouter de l’info
Island Gold Mine - Studies
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines 71
East
Update on mining studies will consist of:
- Optimization of Base Case scenario (800 tpd) with respective 2017-2022
production & costs estimates
- Expanded scenario based on increased capacity with a third mining
horizon open in 2017
72. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
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TSX - NYSE MKT: RIC 72Copyright 2015 by Richmont Mines
Ontario Quebec
Island Gold Mine
Mining Studies
Mining - Phase 1 Analysis:
Mining of reserves, indicated and inferred resources from level -450 to level -860
considered for the studies
Over 2M tonnes of ore considered part of Phase 1, excluding isolated inferred
resource blocks.
3 mining horizons created: (from 635 up, between 635 and 740 and between 740 and 860)
Long-hole mining method considered for Phase 1
Optimization of Base Case scenario (800 tpd by ramp):
Mining by ramp down to level -860
Optimization of mine plan (mining & development sequence)
5 year forecast (2017-2022) for production, opex and capex
Base case extended scenario to 900 tpd (average permitted level)
Expanded Scenario Analysis:
Analysis of the new mining capacity reached once third mining horizon (above
level -860) is open in 2017.
Optimization of mine plan and respective 5 year forecast (2017-2022)
Two scenarios contemplated:
(1) Full shaft and (2) New haulage ramp direct to mill from level -450
Expanded scenario to be brought to PEA level H1 2016
74. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
74
Island Gold Mine
2015 Planned Development & Drilling Activities
190 Level
Crown pillar
W E
- 1,000 m
- 500 m
GOUDREAULOCHALSH ISLAND EXT1 EXT2
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
Definition drilling 14,500 m
2015 Planned Ramp and Drift Development
Conceptual Development
2015 Planned Ore Development
2015 Stoping
Mined out
Reserves – Resources 31/12/2014
Actual Ramp and Drifts
74
2015 PLANNED DRILLING
Drilling will define & delineate between
-500 metres and – 860 metres
Delineation drilling 44,500 m
2015 OBJECTIVES
1. Extend main access ramp to -750 m
2. Extend East Ramp to -570 m
3. Extend 620 level drift to ~600 m length
75. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
75
Island Gold Mine
2015 Planned U/G Exploration Drilling (41,000 m)
190 Level
Crown pillar
W E
- 1,000 m
- 500 m
GOUDREAULOCHALSH ISLAND EXT1 EXT2
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
Mined out
Reserves – Resources
31/12/2014
Actual Ramp and Drifts
C Zone Intersections (Au cut 95 g/t)
Au g/t / true thickness (metres)
400-528-10
4.44 / 6.07
400-528-10
4.79 / 2.87
GD-14-01C
19.87 / 3.93
Previous holes
GDE-10-14
1.96 / 1.67
GDE-10-15
3.99 / 2.15
GDE-10-16
9.93 / 1.07
GDE-10-12
4.94 / 2.77
5,000 m drilling
from 450 level 5,000 m drilling
from 340 level
400-528-09
7.44 / 8.49
GDE-10-12
4.89 / 4.16
GDE-10-12
6.28 / 1.97
Assays pending
31,000 m drilling
from 620 level
400-514-52
13.30 / 3.60
76. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
76
Island Gold Mine
2015 Planned Surface Exploration Drilling
190 Level
Crown pillar
W E
- 1,000 m
- 500 m
GOUDREAULOCHALSH ISLAND EXT1 EXT2
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
Mined out
Reserves – Resources
31/12/2014
Actual Ramp and Drifts
C Zone Intersections (Au cut 95 g/t)
Au g/t / true thickness (metres)
400-528-10
4.44 / 6.07
400-528-10
4.79 / 2.87
GD-14-01C
19.87 / 3.93
Previous holes
GDE-10-14
1.96 / 1.67
GDE-10-15
3.99 / 2.15
GDE-10-16
9.93 / 1.07
GDE-10-12
4.94 / 2.77
400-528-09
7.44 / 8.49
GDE-10-12
4.89 / 4.16
GDE-10-12
6.28 / 1.97
Assays pending
8,500 metres of drilling
2,500 m from surface +
6,000 m from Level 190
7,000 m drilling
from surface
23,000 m
drilling
from surface
190-419-12
21.12 (17.33 cut) / 4.78 c.l.
LC-388-01
5.73 / 2.70 c.l.
400-514-52
13.30 / 3.60
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77
2000 100
meters
4900m
Island Gold Mine
C Zone - Metal factor (grade x width)
Crown pillar
W E
- 1,000 m
- 500 m
LOCHALSH ISLAND EXT1 EXT2
Interpreted plunge of deposit axis
77
Cut off
(3.75 g/t Au / 2.0 m)
327
30
20
10
5
0
Metal Factor
Grade (g Au/t) x true width (metres)
Average mining grade
(5.84 g/t Au / 2.4 m)
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
11.25g/t Au / 6.56m
13.3g/t Au / 3.6m
19.8g/t Au / 3.93m
2.04g/t Au / 6.33m
5.06g/t Au / 2.47m
78. Copyright 2014 by Richmont Mines Inc. TSX – NYSE MKT : RIC www.richmont-mines.com
Island Gold Mine
2015 -2016 Deep Directional Drilling Program
190 Level
Crown pillar
W EGOUDREAULOCHALSH ISLAND EXT1 EXT2
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
400-528-10
4.44 / 6.07
400-528-10
4.79 / 2.87
GD-14-01C
19.87 / 3.93
400-514-52
11.25 / 6.56
- 500 m
- 1,000 m
- 1,500 m
Actual Ramp and Drifts
Gold Zone Intersections (Au cut 95 g/t)
Au g/t / true thickness (metres)
Previous holes
Target
Reserves – Resources
31/12/2014
Mined out
Deep directional exploration from surface
(23,000 metres)
400-514-52
13.30 / 3.60
79. Copyright 2015 by Richmont MinesTSX - NYSE MKT: RIC
79
Island Gold Mine
2015 Planned Exploration Drilling
190 Level
Crown pillar
W E
- 1,000 m
- 500 m
GOUDREAULOCHALSH ISLAND EXT1 EXT2
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
Mined out
Reserves – Resources
31/12/2014
Actual Ramp and Drifts
C Zone Intersections (Au cut 95 g/t)
Au g/t / true thickness (metres)
400-528-10
4.44 / 6.07
400-528-10
4.79 / 2.87
GD-14-01C
19.87 / 3.93
Underground exploration 41,000 m
Lateral extension exploration 15,000 m
2015 Exploration Drilling
Previous holes
GDE-10-14
1.96 / 1.67
GDE-10-15
3.99 / 2.15
GDE-10-16
9.93 / 1.07
GDE-10-12
4.94 / 2.77
5,000 m drilling
from 450 level 5,000 m drilling
from 340 level
400-528-09
7.44 / 8.49
GDE-10-12
4.89 / 4.16
GDE-10-12
6.28 / 1.97
Assays pending
31,000 m drilling
from 620 level
7,000 m drilling
from surface
23,000 m
drilling
from surface
Surface deep directional exploration 23,000 m
8,500 metres of drilling
2,500 m from surface +
6,000 m from Level 190
190-419-12
21.12 (17.33 cut) / 4.78 c.l.
LC-388-01
5.73 / 2.70 c.l.
80. Copyright 2014 by Richmont Mines Inc. TSX – NYSE MKT : RIC www.richmont-mines.com
Island Gold Mine
Planned Regional Surface Exploration Drilling
TSX - NYSE MKT: RIC Copyright 2015 by Richmont Mines
Mill
Maskinonge
lake
MAGINO MINE
(1988-1992 & 1933-1939)
114,000 oz Au
0.8 MT @ 4.4 g/t Au
MAGINO OPEN PIT (Resources)
158 MT @ 1.03 g/t Au
5.2 million oz Au
CLINE MINE (1938-1942)
63,000 oz Au
0.3 MT @ 6.5 g/t Au
EDWARDS MINE
(1996-2002 & 1936-1937)
144, 000 oz Au
0.5 MT @ 11.0 g/t Au
KREMZAR MINE (1988-1990)
47,000 oz Au
0.6 MT @ 4.8 g/t Au
ISLAND GOLD MINE (31/12/2014)
Proven & Probable Reserves : 895,000 T @ 6.39 g/t Au; 183,750 oz Au
Measured & Indicated Resources: 733,500 T @ 9.29 g/t Au; 219,050 oz Au
East Extension
West Extension
- 1,000 m
- 500 m
- 1,500 m
MAGINO ISLAND GOLD EDWARDS CLINE
Richmont
Richmont
Argonaut
StrikeMinerals
Drilling target
2015 Surface Exploration Program (7,500 m)
1 km
GDE-10-15
3.99 / 2.9
GDE-10-16
9.93 / 1.8
GD-11-06
10.90 / 1.2
Gold Zone Intersections (Au uncut g/t)
Au g/t / core length (metres)
LC-388-01
5.73 / 2.7
ClineMiningCorp.
East
Extension
West
Extension
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TSX – NYSE MKT: RIC
www.richmont-mines.com