Since beginning commercial production in 1991, Richmont Mines has become an established gold producer specializing in the exploration and development of underground gold deposits. Over the years, the Company has operated 6 mines: the Francoeur, Beaufor and East Amphi mines located in Quebec, the Nugget Pond and Hammerdown mines in Newfoundland, and the Island Gold Mine in Ontario. In total, these operations have yielded over 1,300,000 ounces of gold. Richmont's 20+ year track record of bringing early-stage gold exploration projects to their full developmental potential and, once in operation, cost-effectively managing underground narrow vein gold mines, has earned the Company a reputation as a reliable and well-managed gold mine operator.