Richmont Mines Reports Strong Results from the Island Gold Mine Expansion Case Preliminary Economic Assessment - "Richmont Mines Inc. (RIC) (RIC) ("Richmont" or the "Corporation"), is pleased to announce positive results from an Expansion Case Preliminary Economic Assessment ("PEA") completed on the Island Gold Mine, located in northern Ontario, Canada . The study confirms the increase in underground mine and mill productivity to 1,100 tonnes per day will support strong production growth of 22% at low industry cash costs and a robust cash flow stream over the eight-year Phase 1 period, with low incremental capital of $28.2 (US$20.9) million required." More
- 05/30/17 | Item |


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