Richmont Mines Provides Exploration Update for Island Gold - "Richmont Mines Inc. (RIC)(NYSE MKT:RIC) ("Richmont" or the "Corporation"), is providing an initial update on the previously announced Island Gold exploration drilling program (Figure 1), which continues to demonstrate the significant potential of this cornerstone asset. The overall program has four main objectives: 1) To test the near-mine potential to extend mine life above the 860 metre level; 2) to test the down plunge extension of the deposit between the 860 and 1,500 metre levels; 3) to test the east-west lateral extension beyond the known deposit; and 4) to test high-priority gold targets on the prospective Island Gold Property. Drilling efforts are ongoing and it is expected that the entire drilling program will be completed by the end of April, 2016." More
- 12/21/15 | Item |

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