The company said that the new 2011 drill results include: 2.45 g/t Au over 37.14m and 6.11 g/t Au over 4.01m in Zone 1, and 3.63 g/t Au over 12.87m and 2.96 g/t Au over 11.26m in Zone 3 (true width).

In addition, 5.21 g/t Au over 12m (core length) has been cut outside the shear zone in the footwall of Zone 3.

Richmont president and CEO Martin Rivard said drill results continue to reaffirm the company’s optimism for Wasamac’s potential for an underground bulk-mining operation.