Richmont Mines Inc. - Operations - Exploration - Other Exploration Properties

Cripple Creek, Ontario

The Cripple Creek property is 6.94 km² (694 hectares), and was acquired by Richmont in 2002. It is located 35 km southwest of Timmins, Ontario, 5 km from the Timmins West Deposit, and is adjacent to the Rusk Gold Zone, the 144 Syenite Discovery Zone and the Golden River Trend. Mafic and ultramafic volcanics cover the main part of the property, and sediments cover the south. The property is bordered by the Destor-Porcupine fault to the south and the Bristol fault to the north. The North-East/South-West structure, which extends through the middle of the property, encompasses the Timmins West Deposit, the Rusk/Porphyry Gold Zones and the 144 Syenite Discovery Zone.

Sewell, Ontario

The 2.7 km² (270 hectares) Sewell property was acquired by Richmont in 2002. It is located in the Northern Swayze greenstone belt, part of the archean Abitibi subprovince, which is a Neoarchean granitoide-greenstone terrane. Mineralization on the property is associated with a WSW shear zone, which affects gabbroic to syenitic intrusive rocks with some metavolcanics. Gold has been found inside the shear zone in quartz carbonate veins with coarse pyrite and some chalcopyrite. The shear zone includes chlorite and carbonate alteration with some disseminated pyrite. This property hosts a high-grade vein system which has yielded 19.2 g/t Au over 2.4 metres, and 9.6 g/t Au over 2.1 metres during previous drilling.