Wednesday 21st November 2018

Resource Clips

Richmont reports Quebec Gold Assays up to 6.4 g/t over 52.8m

Resource Clips - essential news on junior gold mining and junior silver miningRichmont Mines Inc TSX:RIC announced results from its Wasamac Property in Quebec. Assays include

6.4 g/t gold over 52.8 metres
2.83 g/t over 71.8 metres
4.61 g/t over 34.9 metres
1.48 g/t over 7.8 metres
3.8 g/t over 7 metres
3.37 g/t over 9.5 metres
5.16 g/t over 11.1 metres
5.19 g/t over 7.8 metres
7.09 g/t over 5.2 metres

Executive Chairman Greg Chamandy remarked, “We are very pleased to report that drilling at Wasamac continues to yield very promising results, reinforcing our belief that the Wasamac property has great future potential for Richmont and its shareholders. We look forward to improving the economics of the project by means of five key focus areas, and maintain our belief that Wasamac has the potential to catapult Richmont into the intermediate producer category. We look forward to updating the market with new developments throughout 2012, and it is our goal to issue a revised preliminary economic assessment with improved and more robust economics as soon as the project is fully optimized.”

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Jennifer Aitken
Investor Relations

by Ted Niles

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