Ressources Appalaches is pleased to announce the appointment of Mr. Andre J. Rancourt, P.Eng., PhD. as the Deputy Mine Manager. Mr. Rancourt brings more than 20 years of geotechnical engineering and rock mechanics experience to the Ressources Appalaches Team. The addition of rock mechanic expertise provides Ressources Appalaches with another highly [...]
Ressources Appalaches is pleased to announce the appointment of Mr. Jose Oro, PhD. as a Director of the Company effective 25 June 2013. Mr. Oro brings more than 35 years of global mining practical experience as well as advance technical expertise to the Ressources Appalaches Team. The Company is also pleased to announce that it has expanded its [...]
Ressources Appalaches on its path to gold production at Dufferin is pleased to announce the rehabilitation of the ramp access and completion of shotcreting the portal entrance. Ressources Appalaches is now proceeding underground with rehabbing and continued dewatering activities. The rehabbed portal entrance has been christened as "Meguma Way" in [...]
Ressources Appalaches announces the launching of the final recruitment and procurement phase in order to resume gold production at its Dufferin Mine in late 2013. Ressources Appalaches is seeking motivated and qualified team players in a number of key positions for its underground Dufferin Mine in Port Dufferin, Nova Scotia. The recruitment and [...]
Ressources Appalaches report that it has started its second week of dewatering operations and more importantly has filed for production permit approval to restart gold mining activities within the coming months. Last week's filing of the production permit application (officially referred to as an Industrial Approval application) is the only [...]
Ressources Appalaches reports that it is proceeding on the path to gold production with the loan financing of US $10 M secured. Mobilisation activities for the dewatering of the underground galleries have commenced with the intent of starting dewatering in the coming week followed by underground mapping of existing galleries and underground [...]
Ressources Appalaches is pleased to announce the Closing of its previously announced loan financing of US $10 M provided by New York based Lascaux Resource Capital Partners, LLC. A first tranche of US $2.5 M, less fees and expenses, was advanced to the Company at Closing and the second tranche ("Tranche B") of US $7.5 M will be advanced upon [...]
Ressources Appalaches has completed the final payment of $75,000 in order to acquire 100% of the East Dufferin property adjacent to the Dufferin Mine in Nova Scotia. This strategic acquisition is related to the future development of the mine, located contiguous and directly to the east of Dufferin Mine (press release of August 23, 2012). Those [...]
Ressources Appalaches is pleased to announce that it has received the draft loan agreement for the funding of the US $10 million two tranches gold prepayment agreement with a New York based financing firm. The loan will be secured by the Company's assets. Proceeds from the loan would be used to resume gold production at the Dufferin Mine project in [...]