Richmont Mines Inc

Vancouver — An independent resource estimate at Patricia Mining‘s (PAT-V) Island Gold deposit, near Wawa, Ont., indicates more tonnage than previously believed.

Richmont Mines (RIC-T) and Mountain Lake Resources (MOA-V) have intersected significant gold at their Valentine Lake property, 55 km south of Buchans, Nfld.

South-Malartic Exploration (MSU-V) will start production from the Croinor gold property, 70 km east of Val d’Or, Que., this month, following a custom-milling agreement with Richmont Mines (RIC-T).

Lower gold grades and a stronger Canadian dollar caused Richmont Mines (RIC-T) to lose $1.1 million in the first quarter.

Patricia Mining (PAT-V) has hit high-grade gold at depth on the Island project, 125 km southeast of Hemlo, Ont.

Lower gold grades and a stronger Canadian dollar pushed Richmont Mines (RIC-T) into the red to the tune of $1.1 mil…

Patricia Mining (PAT-V) will de-water the Lochalsh ramp at its Island Gold project, 70 km southeast of Hemlo, Ont., in anticipation of underground development.