RICHMONT MINES INC. AND PATRICIA MINING CORP.
HOST ISLAND GOLD OPENING AND INVESTOR DAY
MONTREAL, October 3, 2007 – Richmont Mines Inc. (TSX–AMEX: RIC) and Patricia Mining Corp. (TSXV: PAT) are hosting an
Island Gold Opening and Investor Day today at the Island Gold mine location in Dubreuilville, Ontario. Guests of the invitation
event include management and Board of Director members from Richmont Mines and Patricia Mining, institutional investors
and media representatives.
The event will feature presentations from Island Gold project management, as well as the Vice President of Operations and the
Director of Geology and Exploration for Richmont Mines. Guests will also have the opportunity to tour the underground mine
and the on-site mill.
Island Gold has proven and probable reserves of 1,013,854 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. In addition to the reserves, a total of 454,705 tonnes at
an average grade of 10.26 g/t, or 149,972 ounces of gold were categorized as measured and indicated resources, while inferred
resources were evaluated at 610,728 tonnes at a grade of 9.96 g/t, or 195,549 ounces of gold.
Presentation materials from the Investor Day are available on Richmont Mines’ website at www.richmont-mines.com and
About Richmont Mines Inc.
Richmont Mines produces gold from its operations in Canada and has extensive experience in gold exploration, development
and mining. Since it began production in 1991, the Company has produced more than one million ounces of gold from its
holdings in Quebec, Ontario and Newfoundland. Richmont Mines' strategy is to cost effectively develop its mining assets,
exploit mineralized reserves on properties owned and acquired, or develop partnerships to expand its reserve base.
More information on Richmont Mines can be found on its website at: www.richmont-mines.com.
About Patricia Mining Corporation