TSX–NYSE MKT: RIC
POSITIONING FOR SUSTAINABLE GROWTH
San Francisco MarketingJuly 21, 2016
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Safe Harbor Statement & Cautionary Note to U.S. Investors Concerning Resource Estimates
This presentation contains forward-looking statements that include risks and uncertainties. The factors that couldcause actual results to differ materially from those indicated in such forward-looking statements include changes in theprevailing price of gold, the Canadian-U.S. exchange rate, grade of ore mined and unforeseen difficulties in miningoperations that could affect revenue and production costs. Other factors such as uncertainties regarding governmentregulations could also affect the results. Other risks may be detailed from time to time in Richmont Mines Inc.’speriodic reports and annual notice.
The resource estimates in this presentation were prepared in accordance with NI 43-101 adopted by the CanadianSecurities Administrators. The requirements of NI 43-101 differ significantly from the requirements of the United StatesSecurities and Exchange Commission (the “SEC”). In this presentation, we use the terms “Measured”, “Indicated” and“Inferred” Resources. Although these terms are recognized and required to be used in Canada, the SEC does notrecognize them. The SEC permits U.S. mining corporations, in their filings with the SEC, to disclose only those mineraldeposits that constitute “Reserves”. Under United States standards, mineralization may not be classified as a Reserveunless the determination has been made that the mineralization could be economically and legally extracted at the timethe determination is made. United States investors should not assume that all or any portion of a Measured orIndicated Resource will ever be converted into “Reserves”. Furthermore, “Inferred Resources” have a great amount ofuncertainty as to their existence and whether they can be mined economically or legally, and United States investorsshould not assume that “Inferred Resources” exist or can be legally or economically mined, or that they will ever beupgraded to a more certain category.
U.S. Investors are urged to consider the disclosure in our annual report on Form 20-F, File No. 001-14598, which maybe obtained from us or from the SEC’s web site: http://sec.gov/edgar.shtml.
(All amounts are in Canadian dollars, unless otherwise indicated.)
FORWARD LOOKING STATEMENTS
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RICHMONT MINES OVERVIEWQuality Asset Base in Canada
Growing Production Profile
Decreasing Cost Structure
Growing Cash Flow Streams
Significant Exploration Potential
Strong Balance Sheet
Favourable Canadian Dollar Exposure
Low Shares Outstanding (63M)(1)
(1) Including 3.0 million shares issued as part of the June 2016 equity financing.
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CAPITAL STRUCTURECapital Structure
Issued & Outstanding Shares(1) 62.6M
Options & RSU’s 3.3M
Fully Diluted 65.9M
Cash(2) C$96M
Total Debt(3) C$9.0M
Ticker RIC:TSX–NYSE
Market Capital (July 11/16) C$827M
$96M(2)CASH
C$9.0MDEBT
RIC (as of July 11, 2016)
TSX C$
NYSE MKT US$
Closing price $13.23 $10.11
52-week range $3.14-$13.23 $2.27-$10.17
Market Cap (M’s) $827M $632M
90-day daily trading avg. 361,929 445,745
Strong cash position supports fully funded strategic growth plan
(1) Includes 3.0 million shares issued as part of the June 2016 C$31M equity financing.(2) Cash as of June 30, 2016(3) As of March 31, 2016. Long-term debt is primarily comprised of capital lease obligations.
Analyst CoverageCIBC Jeff Killeen
Macquarie Capital Markets Michael Gray
National Bank Financial Adam Melnyk
PI Financial Brian Szeto
TD Securities Daniel Earle
Paradigm Capital Don Blyth
Cormark Securities Richard Gray
Mackie Research Ryan Hanley
Canaccord Genuity Rahul Paul
BMO Capital Markets Brian Quast
Haywood Securities Kerry Smith
Scotia Capital Craig Johnston
Desjardins Capital Mike Parkin
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Operational HighlightsQ2 production: 23,320 oz.; Cash costs of $903 per oz (US$701)
Reserves increased by 187%; 206% at Island Gold; 95% at Beaufor
Island Gold mine life increased to 7 years(1) with 3 years mine life pre-developed
Beaufor mine life increased to more than 2 years(1)
Released Preliminary EconomicAssessment for Island Gold (Oct 28/15)(1) Mine life based on 2015 Mineral Reserves and Resources
OPERATIONAL HIGHLIGHTS
(1) Refer to the Non-GAAP performance measures contained in the Annual MD&A.(2) 2016 Guidance assumes a foreign exchange rate of 1.364 Canadian dollars to the US dollar.
(1) Refer to the detailed mineral reserve and mineral resource tables that follow at the end of this presentation(2) No changes to Mineral Reserves were made at the Corporation’s other properties.
Q2 2016 H1 2016 2016Guidance
Gold produced (oz) 23,320 55,689 87,000-97,000
Cash cost per oz. (CAN$)(1) $903 $848 $930-$1,000
AISC (CAN$)(1) - - $1,275-$1,390
Cash cost per oz. (US$)(1) $701 $637 $680-$730(2)
AISC (US$)(1) - - $935-$1,015(2)
Proven and Probable Mineral Reserves(1)(2)
Island Gold Mine and Beaufor Mine
December 31, 2015 Gold ounces Gold g/t
Island Gold Proven & Probable
above ~400m 76,700 6.91
below ~400m 485,000 8.52
Island Gold Proven & Probable 561,700 8.26
Beaufor Proven & Probable 63,850 6.57
Total Proven & Probable 625,550 8.05
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CANADIAN HIGH-GRADE UNDERGROUND MINE
Strong Production Q2; Declining cash costs
YTD positive grade reconciliation of 27%
Production expansion opportunity
Reserves increase by 206%; 7-year mine life(1)
Exploration potential laterally and at depth(1) Mine life based on 2015 Mineral Reserves and Resources (1) Refer to full 2015 Reserve and Resource information at the end of this presentation
(1) Refer to the Non-GAAP performance measures contained in the Q1 2016 MD&A.(2) 2016 Guidance a foreign exchange rate of 1.364 Canadian dollars to the US dollar.
63% INCREASE IN PRODUCTION SINCE 2013
(1) Includes 1,000m of development and related infrastructure outside of the PEA area(2) Estimated sustaining capital for the entire period 2017-2022 as per the PEA is $40.5M
Q2 2016
H1 2016
2016Guidance
PEA 2017-2022
Avg.
Gold Production (oz) 18,617 45,206 62,000-67,000 78,000
Gold Sold (oz) 20,147 46,178 - -
Cash costs/oz (C$)(1) $766 $714 $900-$960 $552
AISC (C$)(1) - - $1,160-$1,250 $639
Cash costs/oz (US$)(1) $595 $537 $660-$705(2) $414
AISC (US$)(1) - - $850-$920(2) $479
Capital and Exploration 2015 2016Guidance
2016PEA
Sustaining Capital ($M) 22.3 17.3 ~$20.0(2)
Project Capital ($M) PEA 28.9 37.4 36.8
Project Capital ($M) non-PEA 2.0 6.0(1) -
Exploration ($M) 4.6 7.3 -
2015 Reserves and Resources Tonnes Gold
Ounces Grade g/t
Reserves (oz)(1)/Grade (g/t) 2,115,500 561,700 8.26
M&I (oz)(1) /Grade (g/t) 348,500 71,700 6.40
Inferred (oz)(1)/Grade (g/t) 2,815,000 768,050 8.49
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-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
100,000
2014 2015 2016E(1) PEA BaseCase
(800tpd)(2)
UpsidePotential
(900tpd)(3)
Gol
d O
unce
s
0.00
2.00
4.00
6.00
8.00
10.00
12.00
0
100
200
300
400
500
600
700
800
900
1000
Gra
ms
per t
onne
Tonn
es p
er d
ay
Underground Mine Productivity
Underground tpd Head grade (g/t)
ISLAND GOLD MINE: POSITIONING FOR GROWTH
First 2 mining horizons developed, third horizon development in progress
3 years of mine life pre-developed
Tonnes mined from development ore:• 2015: 50% / 2016E: 40% / PEA: 5%
Mill Electrical Upgrade: Q3 2016
(1) Mid-range of 2016 guidance (2) Avg. annual production 2017-2022 (3) Permitted potential
Island Gold Production Upside
Island Gold 2015 Q1 2016 Q2 2016 2016E
Underground (tpd) 659 853 911 800
Development to stope ratio (%) 50/50 55/45 48/52 40/60
Mill (tpd) 663 834 878 800
Head grade (g/t) 7.31 11.31 7.51 7.0-7.5
Recoveries (%) 96.8 96.3 96.5 96.5
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Q2 STRONG PRODUCTION:POSITIVE RECONCILIATION TO RESERVES CONTINUES
Reserves (as of Dec 31st, 2015) Mined (reconciled) Variations (Mined vs Reserves)
Diluted Tonnes
Diluted Grade
Diluted Ounces
ReconciledTonnes
ReconciledGrade
ReconciledOunces Tonnes Grade Ounces
Total Development Q1 44,323 8.28 11,795 42,601 12.19 16,701 96% 147% 142%
Total Stope Q1 34,877 7.13 7,991 34,995 9.92 11,166 100% 139% 140%
Total U/G Q1 79,199 7.77 19,785 77,596 11.17 27,867 98% 144% 141%
Q1 Reserve Reconciliation
Reserves (as of Dec 31st, 2015) Mined (reconciled) Variations (Mined vs Reserves)
Diluted Tonnes
Diluted Grade
Diluted Ounces
ReconciledTonnes
ReconciledGrade
ReconciledOunces Tonnes Grade Ounces
Total Development Q2 44,505 5.24 7,493 40,181 5.58 7, 203 90% 106% 96%
Total Stope Q2 32,452 8.46 8,827 42,740 8.88 12,198 132% 105% 138%
Total U/G Q2 76,957 6.60 16,320 82,921 7.28 19,400 108% 110% 119%
Q2 Reserve Reconciliation
Production in Q2; Higher than planned milled grades of 7.51g/t
Higher cost development ore/stope ore ratio of 48/52; 2016 mine plan of 40/60
Development primarily in lower-grade extensions of the second mining horizon
Positive reconciliation of 19%: (10% grade / 8% tonnes)
30% dilution assumption for development reserves; lower dilutionfrom deeper, wider zones
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ISLAND GOLD:2016 DEVELOPMENTAND MINE PLAN
First Mining Horizon (2015 PEA)Tonnes Grade (g/t) Ounces
P&P 433,681 6.30 87,786
Third Mining Horizon (2015 PEA)Tonnes Grade (g/t) Ounces
P&P 616,039 10.59 209,705Inferred 342,967 11.18 123,267
Second Mining Horizon (2015 PEA)Tonnes Grade (g/t) Ounces
P&P 566,272 8.57 156,048
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Potential for increased production and lower AISC
Phased approach: Phase 1 (800 tpd)
• Mining from a depth of 450 to 860 metres over three long-hole mining horizons• Excludes resources above the 450 metre level, isolated resource blocks and parallel zones• Avg. production of approx. 78,000 gold ounces per year from 2017 to 2022 at
C$552/oz cash costs
Conceptual expansion case release in H2 2016; Potential Expansion Case to 1,150 tpd decision in H1 2017
Mill Expansion Opportunity
ISLAND GOLD: 2015 PEAOVERVIEW
2015 PEA Summary 2017-2022 (C$)
Tonnes Milled (Mt) 1.7
Head Grade (g/t) 8.67
Mine life excl. transition period (years) 6
Daily mine production (tpd) 801
Gold recovery (%) 96.5
Production (Koz) 464.6
Average annual gold production (Koz) 78
Total operating cost (C$M) 256
Average cash operating cost (C$/t) 148
Average cash operating cost (C$/oz) 552
Transition Period Project Capital 2015-2016 (C$M) 62
Sustaining Capital (C$M) (2017-2022) 40.5
0
200
400
600
800
1000
1200
2015 Q1 2016 Q2 2016 PEA BaseCase
PermittedCapacity
PEAExpanded
Case
Tonn
es p
er d
ay
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86,500m Drilling program launched in Q4 2015; 71,800m completed
ISLAND GOLD: PHASE 1 EXPLORATION PROGRAM
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ISLAND GOLD:Phase 2 Exploration Program, H2 2016 (36,000m)
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ISLAND GOLD:2016 Regional Surface Exploration Phase 2 (20,000m)
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Lateral drilling (~42,000 metres) east of the main deposit above 1,000m
Deep directional drilling (~80,000 metres) targeting below 1,000m
Exploration drift extensions: 620m, 740m and 860m levels
Regional drilling program (~20,000 metres)
2015 PEA update (Oct. 2016) and productivity enhancements to support potential expansion
2016 FINANCING: UNLOCKING THE POTENTAL OF ISLAND GOLDPhase 2 Exploration Program Amount (C$)Lateral Drilling Program
Surface Drilling (15,000m) $1,650,000Underground Drilling (27,000m) $2,200,000620m and 740m exploration drifts extension $3,750,000Total Lateral Drilling $7,600,000
Deep Drilling ProgramSurface directional drilling (40,000m) $8,400,000860m exploration drift (500m) $3,200,000Infill underground drilling (40,000m) $3,200,000Total Deep Drilling $14,800,000
Regional Drilling ProgramSurface drilling (20,000m) $2,200,000Sub-total $2,200,000
Total Exploration $24,600,000
Organic GrowthExpansion studies (2015 PEA Update) $1,500,000Productivity optimization $3,021,200
Total Organic Growth Program $4,521,200Total Phase 2 Exploration Program and Organic Growth $29,121,200
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BEAUFOR MINE: OVERVIEW
(1) Refer to the Non-GAAP performance measures contained in the Q1 2016 MD&A(2) 2016 Guidance assumes a foreign exchange rate of 1.364 Canadian dollars to the US dollar(3) Refer to full 2015 Reserve and Resource information at the end of this presentation
Reserves increased by 95%; mine lifeincreased by 2 years (based on reserves)
Development of the Q Zone; stope mining planned for Q3 2016
Generating free cash flow (2016-2017)
Camflo Mill: capacity of 1,200 tpd provides toll milling opportunities
Q2 2016 H1 2016 2016 Guidance
Gold Production (oz) 4,703 9,318 25,000-30,000
Gold Sold (oz) 4,741 9,778 -
Cash costs/oz (C$)(1) $1,486 $1,441 $1,000-$1,060
AISC (C$)(1) - - $1,230-$1,330
Cash costs/oz (US$)(1) $1,154 $1,083 $735-$780(2)
AISC (US$)(1) - - $905-$975(2)
Capital and Exploration 2015 2016 Guidance
Sustaining Capital ($M) $5.9 $6.8
2015 Reserves and Resources Gold Ounces Grade g/t
Reserves (oz)(3)/Grade (g/t) 63,850 6.57
M&I (oz)(3) /Grade (g/t) 171,900 6.34
Inferred (oz)(3)/Grade (g/t) 28,000 6.44
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MINERAL RESERVES INCREASE BY 187%
Gold oz.63,850
2015
Min
eral
Res
erve
s(0
00’s
oun
ces)
Gold oz.300 561,700
200
100
02012 2013 2014
Monique Beaufor Island Gold
700
600
500
400
Mineral Reserves Growth
(1) Refer to the detailed mineral reserve and mineral resource tables that follow at the end of this presentation.(2) No changes to Mineral Reserves were made at the Corporation’s other properties.
Island Gold Reserves increase by 206%
• 29% increase in grade to 8.26 g/t
• 80% of PEA resources converted
• Mine life of 7 years (based on reserves)
Beaufor Reserves increase by 95%
• Mine life > 2 years (based on reserves)
• Conversion primarily from the Q Zone
Significant exploration potential for additional
reserve growth
Proven and Probable Mineral Reserves(1)(2)
Island Gold Mine and Beaufor Mine
December 31Gold ounces Grams per tonne
2015 2014 Change(%) 2015 2014 Change
(%)Island Gold Proven & Probable
above ~400m 76,700 90,000 (15%) 6.91 6.04 14%
below ~400m 485,000 93,750 417% 8.52 6.76 26%
Island Gold Proven & Probable 561,700 183,750 206% 8.26 6.39 29%
Beaufor Proven & Probable 63,850 32,750 95% 6.57 7.06 (7%)
Total Proven & Probable 625,550 216,500 187% 8.05 6.43 25%
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WELL POSITIONED FOR SUSTAINABLE GROWTH
Significant Exploration Potential
Strong Balance Sheet
Favourable Canadian Dollar Exposure
Low Shares Outstanding (63M)
Beaufor Mine Q Zone
Quality Asset Base in Canada
Growing Production Profile
Decreasing Cost Structure
Growing Cash Flow Streams
Island Gold Mine Core
APPENDIX
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CHRISTIAN BOURCIER
P. ENG
Beaufor Mine and Camflo Mill General Manager
RICHMONT MINES: MANAGEMENT TEAM
RENAUD ADAMS DANIEL ADAM NICOLE VEILLEUX
JEAN BASTIEN
P. ENG, MBA
Island Gold Mine General Manager
MARC-ANDRÉ LAVERGNEMAXIME GRONDIN
CIRC
Director,Human Resources
MÉLISSA TARDIF
ANNE DAYSTEVE BURLETON
LLB
Lawyer and Corporate Secretary
P. ENGPresident and
P. ENGVice-President,
GEO PHDVice-President
CPA, CAVice-President
CFA, MBAVice-President,
MBAVice-President,
Chief Executive Officer Operations Exploration Finance Business Development Investor Relations
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RICHMONT MINES: BOARD OF DIRECTORS
RENÉ MARION
P. ENG
Chairman ofthe Board
MICHAEL PESNER
CA
Director and Chairman of the Audit Committee
RENAUD ADAMS
P. ENG
Director, Presidentand Chief Executive Officer
PETER BARNES
CA
Director
ELAINE ELLINGHAM
P. Geo., MBA
Director
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Operational Estimates Island Gold Beaufor 2016 Consolidated Estimates
Gold Ounces Produced 62,000-67,000 25,000-30,000 87,000-97,000Cash Costs per Ounce (C$)(1) $900-$960 $1,000-$1,060 $930-$1,000Sustaining Capital per Ounce (C$) $260-$290 $230-$270 $250-$280
Corporate G&A per Ounce (C$) $95-$110
All-in Sustaining Costs per Ounce (C$)(1) $1,160-$1,250 $1,230-$1,330 $1,275-$1,390Cash Costs per Ounce (US$)(1) $660-$705 $735-$780 $680-$730Sustaining Capital per Ounce (US$) $190-$215 $170-$195 $185-$205
Corporate G&A per Ounce (US$) $70-$80
All-in Sustaining Costs per Ounce (US$)(1) $850-$920 $905-$975 $935-$1,015
2016 OPERATIONAL ESTIMATES2016 Production and Cost Guidance
(1) Cash costs and AISC are non-GAAP measures. Refer to the Non-GAAP performance measures section in the 2015 Annual MD&A.
2016 Capital Investment Guidance
Material assumptions include: an average gold price of C$1,500 per ounce (US$1,100 per ounce); and a foreign exchange rate of 1.364 Canadian dollars to the US dollar.
(1) Exploration costs required to complete the drilling programs announced in September 2015.(2) All delineation and exploration drilling for the Beaufor Mine is included in sustaining capital and $1.1 million is related to the Quebec division outside the Beaufor property.(3) Project Capital for Island Gold includes accelerated underground development of $25.0 million (US$18.3 million) related to the PEA and $6.0 million (US$4.4 million) related to discretionary development outside the scope of the PEA.
Capital and Exploration Investment ($M) Island Gold Quebec Division 2016 ConsolidatedEstimates
Sustaining Capital (C$) $17.3 $6.8 $24.1Project Capital (C$)(3) $43.4 $ - $43.4Company-wide Exploration (C$) $7.3(1) $1.1(2) $8.4Sustaining Capital (US$) $12.7 $5.0 $17.7Project Capital (US$)(3) $31.8 $ - $31.8Company-wide Exploration (US$) $5.4 $0.8 $6.2
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MINERAL RESERVESAND RESOURCES
1. Mineral Resources presented are exclusive of Mineral Reserves. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
2. In 2015, based on a gold price of C$1,300 per ounce and an exchange rate of C$1.2037 = US$1.00. (In 2014: gold price of C$1,300 per ounce and C$1.0833 = US$1.00).
3. Underground Resources established for the C Zone and six other lateral zones below a vertical depth of -400 metres.
4. W Zone and 350 Zone Mineral Reserves and Mineral Resources are included with the Beaufor Mine as at December 31, 2015 and 2014.
5. Monique Mineral Reserves are open-pit, and Mineral Resources are located underground directly below the open-pit.6. Underground Mineral Resources established as of December 31, 2012.7. Francoeur Mine closed in November 2012.
Richmont Mines 2015 Mineral Reserve and Resource Estimates
December 31, 2015 December 31, 2014Tonnes Grade
OuncesTonnes Grade
Ounces(metric) (g/t Au) (metric) (g/t Au)ISLAND GOLD MINEProven Reserves2 (above -400m) 97,000 7.00 21,800 173,000 6.25 34,700Probable Reserves2 (above -400m) 248,000 6.88 54,900 290,500 5.91 55,300Total Proven & Probable (above -400m) 345,000 6.91 76,700 463,500 6.04 90,000Proven Reserves2 (below -400m) 266,500 7.72 66,100 86,000 6.57 18,150Probable Reserves2 (below -400m) 1,504,000 8.66 418,900 345,500 6.81 75,600Total Proven & Probable (below -400m) 1,770,500 8.52 485,000 431,500 6.76 93,750Total Proven & Probable Reserves2 2,115,500 8.26 561,700 895,000 6.39 183,750Measured Resources (above -400m) 7,500 5.80 1,350 26,000 5.30 4,400Indicated Resources (above -400m) 235,500 6.96 52,700 269,500 6.98 60,450Indicated Resources3 (below -400m) 105,500 5.20 17,650 438,000 10.95 154,200Total Measured & Indicated Resources 348,500 6.40 71,700 733,500 9.29 219,050Inferred Resources (above -400m) 412,500 7.44 98,700 369,500 6.97 82,800Inferred Resources3 (below -400m) 2,402,500 8.67 669,350 3,178,000 9.00 919,950Total Inferred Resources 2,815,000 8.49 768,050 3,547,500 8.79 1,002,750BEAUFOR MINE4
Proven Reserves2 35,600 7.31 8,350 53,000 7.13 12,100Probable Reserves2 266,500 6.48 55,500 91,500 7.02 20,650Total Proven and Probable Reserves 302,100 6.57 63,850 144,500 7.06 32,750Measured Resources 109,000 5.32 18,600 111,500 5.30 19,000Indicated Resources 734,000 6.50 153,300 805,500 6.60 170,850Total Measured & Indicated Resources 843,000 6.34 171,900 917,000 6.44 189,850Total Inferred Resources 135,000 6.44 28,000 743,000 6.51 155,600MONIQUE MINE5
Proven Reserves2
Probable Reserves2 14,500 3.16 1,450Total Proven & Probable Reserves2 14,500 3.16 1,450Total Indicated Resources 107,500 4.88 16,850 107,500 4.88 16,850WASAMAC GOLD PROPERTY6
Measured Resources 3,124,500 2.75 276,550 3,124,500 2.75 276,550Indicated Resources 12,127,000 2.89 1,125,700 12,127,000 2.89 1,125,700Total Measured & Indicated Resources 15,251,500 2.86 1,402,250 15,251,500 2.86 1,402,250Total Inferred Resources 18,759,000 2.66 1,605,400 18,759,000 2.66 1,605,400FRANCOEUR GOLD PROPERTY6, 7
Measured Resources 40,000 5.89 7,600 40,000 5.89 7,600Indicated Resources 280,000 6.55 59,000 280,000 6.55 59,000Total Measured & Indicated Resources 320,000 6.47 66,600 320,000 6.47 66,600Total Inferred Resources 18,000 7.17 4,150 18,000 7.17 4,150TOTAL RESERVES AND RESOURCESProven & Probable Reserves 2,417,600 8.05 625,550 1,054,000 6.43 217,950Measured & Indicated Resources 16,870,500 3.19 1,729,300 17,329,500 3.40 1,894,600Inferred Resources 21,727,000 3.44 2,405,600 23,067,500 3.73 2,767,900
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TOP INSTITUTIONAL SHAREHOLDERSFirm Name % O/S Shares Held City
RBC Global Asset Management Inc. 6.43 3,772,000 TorontoOppenheimerFunds, Inc. 5.19 3,042,400 New YorkRenaissance Technologies LLC 5.17 3,029,200 New YorkConnor, Clark & Lunn Investment Management Ltd. 4.20 2,463,214 Vancouver1832 Asset Management L.P. 3.59 2,105,000 TorontoHillsdale Investment Management Inc. 2.62 1,537,600 TorontoZPR Investment Management Inc. 2.44 1,433,380 Orange CityRuffer LLP 2.43 1,425,000 LondonMackenzie Financial Corporation 2.39 1,400,800 TorontoSprott Asset Management LP 2.39 1,400,000 TorontoAcadian Asset Management LLC 2.02 1,185,960 BostonManulife Asset Management Limited 1.71 1,000,000 TorontoFonds de Solidarité FTQ 1.68 985,600 MontrealVan Eck Associates Corporation 1.53 895,000 New YorkEterna Investment Management Inc. 1.52 888,600 Quebec CityArrowstreet Capital, Limited Partnership 1.42 834,500 BostonPicton Mahoney Asset Management 1.32 775,000 TorontoDimensional Fund Advisors, L.P. 1.19 700,000 AustinO'Shaughnessy Asset Management, LLC 1.19 697,199 StamfordJames Investment Research Inc. 1.18 692,460 XeniaNorrep Capital Management Ltd. 1.12 655,400 CalgaryFiera Capital Corporation 1.07 626,400 MontrealTriasima Portfolio Management Inc. 1.07 625,000 MontrealSentry Investments Inc. 0.94 550,900 TorontoFormula Growth Ltd. 0.94 550,000 MontrealAs of July 11, 2016. Source: Nasdaq IR Insight
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ISLAND GOLD MINEC Zone – Metal factor (grade x width) as of Dec. 2015
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ISLAND GOLD MINENear-Mine Lateral Exploration
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ISLAND GOLD MINE
Histogram of the Ext C Samples
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ISLAND GOLD MINE
Log Normal Probability Plot (Ext C Drill Hole Samples)
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ISLAND GOLD MINEDeep Directional Drilling(Phase 1)
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ISLAND GOLD MINEEastern Lateral ExplorationPhase 1 (50,100m)
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ISLAND GOLD MINESWestern Lateral Exploration
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WASAMAC:ADVANCED DEVELOPMENT PROJECT
(1) Refer to full 2014 Reserve and Resource information at the end of this presentation
Located in the Abitibi gold mining district
15km west of Rouyn-Noranda, Quebec
100% owned, no royalties
Close proximity to existing infrastructure
Significant exploration potential
NI 43-101 PEA released in March 2012
Resources Tonnes Grade (g/t Au)
Gold Ounces
Measured Resources 3,124,500 2.75 276,550
Indicated Resources 12,127,000 2.89 1,125,700
Inferred Resources 18,759,000 2.66 1,605,400
www.richmont-mines.com 32RIC: TSX NYSE-MKT
RICHMONT MINESASSETSVALD’ORAREA– EXPLORATION PROPERTIES
www.richmont-mines.com 33RIC: TSX NYSE-MKT
RICHMONT MINESASSETSROUYN-NORANDAAREA/ EXPLORATION PROPERTIES
www.richmont-mines.com 34RIC: TSX NYSE-MKT
RICHMONT MINESASSETSTIMMINS AREA/ EXPLORATION PROPERTIES
www.richmont-mines.com 35RIC: TSX NYSE-MKT
OUR VISION and STRATEGY
Our vision is to become a leading intermediate gold producer focused on
the Americas generating superior per share valuation. We are committed to a “Sustainable Business Model” and a strategy of long-term growth, and will fully utilize the Corporation’s strong balance sheet, assets, cash flow, capital structure and the extensive experience of the Corporations’ Board of Directors and Management Team to build the next leading Canadian based intermediate gold company.
Our strategy, in the short term, will focus on becoming a leading junior
gold producer by maintaining at all times a superior per share position on operational & financial metrics while maintaining a sustainable and risk adverse approach under a “Sustainable Business Model”.
We are guided by our core corporate values to achieve long term value
for all of our stakeholders. By cultivating a culture of responsible performance, we are focused on operating in a sustainable manner while holding ourselves accountable to all of our stakeholders.
www.richmont-mines.com 36RIC: TSX NYSE-MKT
www.richmont-mines.com 37RIC: TSX NYSE-MKT
SUSTAINABLE BUSINESS MODEL
We believe in developing Richmont based on the principles of sustainability,in order to deliver sustainable andsuperior value for all stakeholderswith low risk exposureto precious metals.
Human ResourcesMaking work life sustainable through
employee health & safety and wellness programs, improved supervisory & operational
planning/implementation practices and skills through training programs. Develop potential
leadership abilities through leadership program. Promote Life in Balance; family, work and
personal development.
Sustainable
SustainableCommunity DevelopmentLeadership and consulting skills for promoting comprehensive change
toward sustainability in communities and developing world-class relationships
with Aboriginal communities.
SustainableProcess Improvement
Reducing inefficiency and waste through quality & performance management by implementation of “Lean” methods and balanced score card approach. Advanced knowledge and experience with energy efficiency,sustainable waste systems & construction/ building practices.
SustainableGrowth Principles
Developing sustainable exploration, development, operational and financial practices in order to deliver superior per share value, mitigation/management of risk exposure and discipline approach toward preserving best-in-class balance sheet and capital structure.