Island Gold

The Island Gold Project is located approximately 50 km northeast of Wawa, Ontario, in the Sault Ste. Marie Mining Division. Access to the project is via an all-weather road from Highway 519, just west of Dubreuilville and is located approximately 35 km east of the junction between Highways 17 and 519.

The Island Gold Project infrastructure includes the primary tailings pond, the secondary settling pond, the Kremzar Mill (a carbon-in-pulp mill with a capacity of 650 tonnes per day), the Lochalsh ramp and portal, the mine access road, and the hydro lines, all located on the property. An office, a core logging and storage facility, and a mine dry are located on the Kremzar mine site.

In May 2007, Richmont Mines and Patricia Mining announced the proven and probable reserve estimates at 1,014,000 tonnes of ore at an average diluted grade of 8.55 g/t for a total of 278,711 ounces of gold, representing more than four years of production