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Richmont Mines Continues to Intersect Significant Gold Mineralization at Island Gold Laterally and at Depth
Richmont Mines Continues to Intersect Significant Gold Mineralization at Island Gold Later...
About this update from Richards Group Inc.
[{"type":"text","content":"\n\n\n\nRichmont Mines Continues to Intersect Significant Gold Mineralization at Island Gold Laterally and at Depth\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; BORDER-LEFT:black 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsbls{\nBORDER-LEFT:black 1pt solid\n}\n.prnsbbs{\nBORDER-BOTTOM:black 1pt solid\n}\n.prnsbts{\nBORDER-TOP:black 1pt solid\n}\n.prnrbrs{\nBORDER-RIGHT:black 1pt solid\n}\n\n\n\n\n\n\nRichmont Mines Continues to Intersect Significant Gold Mineralization at Island Gold Laterally and at Depth\nCanada NewsWire\nTORONTO, Feb. 25, 2016\n\n\n\nDeep Drilling Program Intersects 20.38 g/t over 2.31 metres;Lateral Drilling Intersects 31.19 g/t over 3.43 metres and 23.11 g/t over 3.54 metresPotential to Extend Mine Life Laterally above the 860 metre Level; \n\n\n\nTORONTO, Feb. 25, 2016 /CNW/ - Richmont Mines Inc. (TSX: RIC) (NYSE MKT: RIC) (\"Richmont\" or the \"Corporation\"), is providing an update on the previously announced Island Gold exploration drilling program (Figure 1), which continues to demonstrate the significant potential of the Corporation's cornerstone mine. \n\nThe overall program that commenced in September 2015 has four main objectives: 1) To test the near-mine potential to extend mine life laterally above the 860 metre level; 2) to follow up on gold intersections down plunge that support potential for an extension of the deposit between the 860 and 1,500 metre levels; 3) to test the east-west for lateral extensions beyond the known deposit; and 4) to test high-priority gold targets elsewhere across the prospective Island Gold property. Drilling initiatives are ongoing and it is expected that all drilling programs will now be completed late in the second quarter. \n\n\"Our drilling programs continue to intersect very favourable gold mineralization both along strike and at depth that provides increasing confidence in further extending the mine life beyond the curre...