RIMOUSKI, QUÉBEC--(Marketwire - Oct. 15, 2012) - The directors of Ressources Appalaches (News - Market indicators) are pleased to announce that it has received official authorisation from the Nova Scotia Environment to proceed with the dewatering of its Dufferin Mine.
Ressources Appalaches has already undertaken the necessary preliminary steps in order to conduct dewatering activities including rehabilitation of the tailings facility, the purchase of underground equipment, as well as the hiring of certified staff qualified to conduct underground dewatering operations.
President and CEO, Alain Hupé, also declared: "This latest accomplishment is very significant towards ultimately restarting production with the existing mine plant at our Dufferin mine which is 100% owned and free of all royalties. "
Post Dewatering of the Underground Galleries
Ressources Appalaches is planning to conduct sampling and underground mapping once the dewatering and rehabilitation of galleries is completed as well as continuing with general refurbishment works and underground drilling. Moreover, the Company has initiated the Industrial Approval application process required in order to restart the mill and resume mining production.
About Ressources Appalaches
Founded in 1994, the goal of Ressources Appalaches has been to discover and develop deposits of base and precious metals in Canada, and more specifically in the Appalachian geological formation of Québec and Nova Scotia. Ressources Appalaches is now mainly focused on the development of the Dufferin gold mine in Nova Scotia.
The contents of this press release were prepared and checked by Alain Hupé, Eng. a Qualified Person as defined in NI 43-101.
This press release may contain certain forward-looking statements that include elements of risk and uncertainty. Consequently, actual results may differ substantially from those anticipated in such statements. These risks and uncertainties are described in the quarterly and annual reports, and in the documents submitted to the securities administration.
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