Richmond Minerals Inc. is a mineral exploration company listed on the Toronto Venture Stock Exchange (TSX-V: RMD) which has been actively engaged since the early 1980’s in exploration projects located throughout the provinces of Quebec and Ontario. The main goal of our company is development of valuable commodities and precious metal deposits, predominantly critical raw materials, as well as gold and silver. Our current focus is exploration of the Canadian Ridley Lake Gold Project located in the heart of central Ontario’s Swayze Greenstone Belt and development of a polymetallic project near the town of Oberzeiring in the traditionally resource-rich province of Styria in Austria, Europe.

In the event of successful development, the sale of the project(s) to an established mining company is planned (exit strategy), but also the own future mining and associated ore processing in an environmentally friendly process is being considered.

With our team of experts it is Richmond Minerals’s stated goal to continuously grow, rapidly advance the development of our two precious metals/commodities deposits for project sales or mining, to acquire additional promising projects with the goal of becoming a major exploration company in Canada & Europe.

Property Description

Richmond Minerals Inc.’s Ridley Lake gold project (the “Project”) is centrally located within the Swayze Greenstone Belt (the “SGB”) in north central Ontario. Recent significant gold discoveries within the SGB include the Cote Lake deposit (acquired by Iamgold in April 2012 for $585 million), and the recent Probe Mines Borden Lake gold discovery, a multi-million ounce gold deposit located approximately 23 miles to the west and on strike with Richmond’s Ridley Lake Gold Project (the “Project”).

The Project is located in Rollo and Raney Townships, Porcupine Mining Division or more specifically 40 km southwest of the town of Foleyet and 120 km west-southwest of the city of Timmins. The Project can be accessed year round by a network of logging and bush roads. The Project consists of 154 contiguous unpatented mining claims in which Richmond owns 100% interest.