Ressources Appalaches secures US $10 M Loan Financing on the Path to Gold Production at Dufferin Mine   

The entire team at Ressources Appalaches’ Dufferin Mine is extremely excited that the Dufferin Mine Project planning process is presently shifting onwards to the path of production.   The Dufferin Mine team explains how their hard work and determination will result in Dufferin Mine becoming a considerable employer in rural Nova Scotia, and most importantly expanding from an exploration company to a profitable gold producer in 2013. Once operational, the Dufferin Mine is anticipating 20,000-25,000/oz in its first year, with the intention of at least doubling those numbers in subsequent years. 

The return of the Dufferin Mine to production will begin another exciting chapter Nova Scotia’s gold mining history.   In preparing for this great opportunity we have teamed up with 24seventv and the Business News Network (BNN) to present a brief video documentary about the evolution of Ressources Appalaches since its creation in 1994.   The result is Ressources Appalaches TV which can be seen by clicking the link below:                                                         

In the video the current President and co-founder Alain Hupe familiarises viewers with the Board of Directors and the Company Profile by introducing a brief history of Ressources Appalaches and its Dufferin Mine.

The Dufferin Gold Mine Overview briefly touches upon the exciting undertaking in an area of Nova Scotia renowned for its gold history. We also explain the potential of a 300 tons per day milling operation to yield 20,000 to 25,000 ounces of gold per year initially with the subsequent drive to reinvestment some of those profits of the first years of production in order to increase mining & milling operations upwards to 600-900 tons per day; The production potential has been reviewed by a number of professionals including Mine Tech International;  

Patrick Hana, M.A.Sc,  P.Eng. President Mine Tech International which acts as Qualified Persons under NI 43-101 in the estimation of precious metals, base metals, coal and industrial minerals deposits, delivers his evaluation of the recently updated(2012) historical 43-101 Technical Report for the Dufferin Mine project with his professional independent opinion.

The path to production is complemented with more than 39 years of Mining Engineering experience spanning  the globe of Dr. John Thomas, Phd, He reveals the mining and milling process which will allow the Dufferin Mine Project to achieve the 300 tons per day and the milling processes including crushing, gravity concentration, shaking table and floatation to reach 95% recovery at the Dufferin Mine. 

Gold mineralization in the Meguma Group of Nova Scotia, which hosts the Dufferin deposit, has been explored and mined since the 1860s. The Saddle Reef Vein of the Meguma Group is explained and correlated to Nova Scotia in the Geological Overview demonstrating the potential associated with the Dufferin Mine and surrounding Ressources Appalaches mineral claims.

The ultimate  Path to Production includes completion of due diligence, financing, mine refurbishment and most important of all, employing the right people in 2013. This process is underway and will continue until we are at production.

Shareholder thoughts in gold exploration summarises his analysis of the benefits of investing in Nova Scotia and why this specific Dufferin Mine Project in commercial gold production is  relatively safe and potentially extremely lucrative, especially with pre-existing infrastructure and politically stable environment. 

The President Alain Hupe offers some final thoughts on Why Invest in Ressources Appalaches by stating how great an opportunity the Dufferin Mine Project will be for the company, the local community, Nova Scotia and most importantly, its investors.               

Since it was first established in 1994, Ressources Appalaches has targeted the discovery and development of deposits of base and precious metals located in the Appalachians and on the Quebec North Shore. In order to diversify the risks associated with its strategy, the Company holds some dozen mineral properties in various stages of development.  Ressources Appalaches has become, as of October 2011, the sole owner of the Dufferin Mine, located in Nova Scotia and intends to become a gold producer soon. The transaction included the acquisition of the ramp-access Dufferin Mine, the processing plant (mill), mining lease and infrastructure required for production. 

Our Vision

To build a substantive gold exploration and mining company that:

Delivers excellent returns for investors;

Attracts and retains the best talent; and,

Is committed to innovative approaches to minimise mining's ecological footprint and social impact.

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